HSBC develops robotics solution to 'digitise' global trade14/08/2017 Patrick Buncsi News
HSBC has teamed with technology giant IBM to develop a robotics solution which simplifies the processing of millions of documents used daily in international commerce.
DBS absorbs ANZ banking business in Singapore09/08/2017 Patrick Buncsi News
DBS Bank has announced it has successfully completed the migration of ANZ’s retail banking and wealth management business in Singapore.
CUA pilots Aus Post’s Digial iD service09/08/2017 Patrick Buncsi News
Australia’s largest credit union, Credit Union Australia (CUA), will become the first financial institution to trial Australia Post’s new digital identity verification service, Digital iD.
CBA responds to AUSTRAC probe, blames ‘coding error’ for alleged money laundering08/08/2017 Patrick Buncsi News
The Commonwealth Bank has blamed a “coding error” in its Intelligent Deposit Machines (IDMs) for alleged breaches of money laundering and terrorism laws.
In Sydney beats the heart of Australia’s thriving fintech industry – KPMG07/08/2017 Patrick Buncsi News
Nearly two-thirds of Australian fintechs have based themselves in Sydney, with the NSW capital driving unprecedented growth in the industry, according to KPMG’s Scaling the Fintech Opportunity report.
IAG launches Sydney innovation lab07/08/2017 Patrick Buncsi News
IAG has opened its second innovation incubator, based in the Sydney CBD, with the aim of generating more customer-led innovations for the insurer.
Fujitsu unleashes blockchain payments breakthrough02/08/2017 Patrick Buncsi News
Fujitsu Laboratories has announced it has accelerated transaction processing for Hyperledger Fabric – a dedicated platform for developing distributed ledger solutions – which offers a significant advancement in the development of blockchain-backed payment services.
ANZ appoints new CEO Laos01/08/2017 Patrick Buncsi News
ANZ has appointed Rufus Pinto as chief executive (CEO) Laos, the bank announced today.
Abu Dhabi, Malaysia weave multi-party fin services deal01/08/2017 Patrick Buncsi News
The ADGM, the International Financial Centre of Abu Dhabi, Malaysia’s Labuan IBFC and the Labuan FSA have sealed a collaboration agreement to boost development across their respective financial ecosystems.
Movers and Shakers | July – August 201701/08/2017 Patrick Buncsi Movers and Shakers
July saw a number of high-profile appointments across the financial services and government sectors, with noteworthy additions to DBS Bank, IAG, Deutsche Bank and AXA.
DBS Bank appoints new head of digital31/07/2017 Patrick Buncsi News
Raof Latiff has been appointed head of digital for DBS Bank’s institutional banking group.
OCBC Bank deploys AI to tackle money laundering31/07/2017 Patrick Buncsi News
Singapore’s OCBC Bank has teamed with two local fintechs to pilot an artificial intelligence (AI)-based anti-money laundering and anti-terrorism financing solution.
Cyber risk the ‘number one concern’ for Aus insurers – PwC26/07/2017 Patrick Buncsi News
For a second year running, cyber risk tops the list of concerns plaguing Australian insurers in 2017, according to an industry survey by PwC.
IAG appoints Mark Drasutis as CDO24/07/2017 Patrick Buncsi News
IAG has appointed Mark Drasutis as chief digital officer (CDO), leading the business’s digital strategy and experience team, the company announced.