PayPal partners with Samsung19/07/2017 Patrick Buncsi News
The world’s biggest smartphone developer, Samsung, has announced a partnership with the leading online payments provider, PayPal, adding the payments service as an option within the Samsung Pay ecosystem.
Jenius moves to Finastra's FusionBanking system18/07/2017 Patrick Buncsi News
Jenius digital bank, a subsidiary of Indonesia’s PT Bank Tabungan Pensiunan Nasional Tbk. (BTPN), has selected Finastra’s FusionBanking Essence Digital platform to deliver its service platform.
Risk aversion a key roadblock to digital transformation – Deloitte18/07/2017 Patrick Buncsi News
A significant number of companies are failing to derive business advantage from their technology, according to a report released by Deloitte.
Bank of Thailand, MAS secure dual fin services agreements14/07/2017 Patrick Buncsi News
The Bank of Thailand (BOT) and the Monetary Authority of Singapore (MAS) have concluded their biennial BOT-MAS Bilateral Meeting by securing two financial services agreements: a fintech cooperation deal, and an update to an existing Memorandum of Understanding (MoU) on banking supervision.
ANZ, Westpac deliver blockchain-backed bank guarantees11/07/2017 Anonymous News
ANZ and Westpac have teamed with international technology powerhouse, IBM, and the country’s largest shopping centre owner, Scentre Group, to successfully deliver a blockchain-enabled guarantee process for commercial property leasing.
Westpac joins global blockchain trial11/07/2017 Patrick Buncsi News
Westpac will follow in the wake of ANZ to become the second Australian ‘Big Four’ to join Swift's blockchain validation test program, the global payments messaging service announced.
DBS launches ‘instant’ e-payments settlement service – a Singapore first06/07/2017 Patrick Buncsi News
DBS Bank has launched a fast-tracked electronic payment service for travel insurance claims, a joint initiative with Singapore-based insurer, MSIG.
Delta wave: NZ insurance disruptor expands to Singapore05/07/2017 Patrick Buncsi News
Delta Insurance, an Auckland-based ‘insur-tech’, has opened its first overseas office in Singapore, delivering Asia’s “first cyber and technology Lloyd’s coverholder,” the company announced.
CBA nabs top spot in mobile banking rankings05/07/2017 Patrick Buncsi News
The Commonwealth Bank's mobile app has ranked number one in Forrester’s Global Mobile Banking Functionality Benchmark, edging out rival, Westpac, by a single point.
HK banks ‘underutilising’ vital FSI technology – KPMG04/07/2017 Patrick Buncsi News
Hong Kong may be at the forefront of fintech and mobile banking innovation, but their banks' failure to adopt a critical future-proofing technology could leave the industry in the dust of their global rivals.
AXA Asia chief steps down03/07/2017 Patrick Buncsi News
Jean-Louis Laurent Josi will step down as chief executive of AXA Asia, the company announced on Thursday.
Singapore flexes its fintech muscle to the Nordics30/06/2017 Patrick Buncsi News
Singapore’s chief financial regulator has signed a cooperation agreement with its Danish counterpart, the Financial Services Authority (FSA), to assist fintech companies in expanding operations across both markets.
Better PayNow: Singapore launches P2P funds transfer service30/06/2017 Patrick Buncsi News
The Association of Banks in Singapore (ABS) has announced the launch of a new peer-to-peer (P2P) funds transfer service for Singapore-based banking customers.
Australia, Malaysia sign fintech cooperation deal30/06/2017 Patrick Buncsi News
The Australian Securities Investment Commission (ASIC) has signed a cooperation agreement with the Malaysian Securities Commission (SC) to pursue mutual support and development in fintech.