Sydney-based banking software developer, Avoka, has taken home the gong at the ATB Financial Customer Onboarding Global Innovation Challenge, beating out rivals from the UK, US, Europe and the Asia-Pacific.
 

Leading financial technology developers, Misys and D+H, have merged to create Finastra – the world’s third largest fintech.

Global insurance and banking heavyweights, AIG and Standard Chartered Bank, have teamed with technology titan IBM to pilot the world’s first multinational, ‘smart contract’ insurance policy developed with blockchain technology.

Three out of four chief executives around the globe see disruption as an opportunity rather than a threat, with an average of 94 per cent of Singapore and ASEAN chief executives expressing the same optimism around disruption, according to KPMG's 2017 Global CEO Outlook survey.

UBS’ Wealth Management division has announced plans to develop a secure social chat facility, providing a direct communication channel between clients and advisers.

India’s banking and securities industries are forecast to grow by 8.6 per cent in 2017, according to Gartner's global industry forecast.

Australian CEOs are among the world’s most pessimistic when it comes to assessing global economic growth, according to results from KPMG’s annual Global CEO Outlook survey.

Collaboration rather than competition between fintechs and established banks will help mount the best challenge against a looming ‘BigTech’ threat, according to a recent study by The Australian Digital Transformation Lab, a research partnership between the University of Sydney Business School and Capgemini.
 

The chief regulators for Hong Kong and Australian's investment and securities markets have signed a cooperation agreement to nurture innovation in Asia-Pacific's most dynamic fintech hubs.

The Monetary Authority of Singapore has proffered its take on the imminent explosion of digital advisory – or ‘robo’ – wealth management services and has asked the public to weigh in on the robo surge.

HSBC is going social... alone, launching a dedicated network for its business clients to connect, communicate and share resources, the bank announced.

The Industrial and Commercial Bank of China, the world’s largest bank by market capitalisation, has launched a new e-commerce platform for the Hong Kong market.

Singapore’s Monetary Authority has inked a cooperative agreement on fintech with the Association of Supervisors of Banks of the Americas, strengthening ties between Singapore and Latin America's burgeoning fintech markets.

Over half a year in the making, the day has arrived: 'Demo Day' (Singapore) that is – a chance for finalists from the Asia-Pacific round of the Citi Tech Integrity Challenge to showcase their innovations, and quite possibly reshape the public sector and industry as we know them today.

FST Media spoke with Laura Gaviria Halaby, chief coordinator of the T4I, to discuss how the event seeks to inspire innovations that promote integrity and accountability.

New Zealand's SBS Bank has initiated a complete revamp of its digital banking platform, securing the services of Sandstone Technology to deliver the upgrade.