NZ’s Aotearoa Credit Union implements Oracle Flexcube banking platform22/08/2017 Patrick Buncsi News
New Zealand-based Aotearoa Credit Union (ACU), has announced it will become the first Maori institution to launch Oracle’s FSS Flexcube core banking platform.
China orders new clearing house for online payments15/08/2017 Patrick Buncsi News
China’s central bank has ordered the establishment of nationwide clearing house for online payment services, instructing 44 financial firms to route their transactions through the new platform, according to a report by the South China Morning Post (SCMP).
WhatsApp to add new payments feature15/08/2017 Patrick Buncsi News
Mobile messaging service WhatsApp is set to introduce an instant money transfer feature in its next update, according to WhatsApp-dedicated news blog WABetaInfo.
Citi takes big data capability to new heights with Velocity Clarity dashboard15/08/2017 Patrick Buncsi News
In June this year, Citibank announced the launch of a comprehensive platform for its global custody and fund division, leveraging the bank’s big data and analytics infrastructure to assist clients in analysing investment data. We learn a little bit more about what the platform offers to clients.
DBS launches Singapore’s largest car marketplace14/08/2017 Patrick Buncsi News
DBS Bank, one of Singapore's ‘big three’ banks, has announced the launch of its DBS Car Marketplace – an online market for private car traders.
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.