E-commerce sales in Hong Kong have been growing at a robust pace Alternative payment solutions are the preferred payment method for e-commerce purchases in Hong Kong (China SAR), collectively accounting for a 43.3 per cent share in 2022, finds GlobalData’s 2022 Financial Services Consumer Survey. GlobalData’s E-Commerce Analytics reveal that…
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Allows easy purchase of Laos-China Railway train tickets on mobile phone Laos-China Railway Company Limited (LCR) have launched an App on Google Play, iOS, and Huawei to allow passengers to purchase LCR train tickets on their mobile phones using UnionPay cards, making purchase of LCR tickets easy, fast, convenient, and…
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Focusing on driving best practice among health care managers Commonwealth Bank and the Australian Association of Practice Management (AAPM), the peak body for healthcare Practice Management, have signed an agreement, focusing on driving best practice using the power of digital solutions. CommBank Health Chief Executive Officer Albert Naffah said CommBank…
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The number of users of the Bakong payment system has grown to 7.9 million since 2020 Cathay United Bank (Cambodia) Corporation Limited hereinafter referred to as “CUBC”, a subsidiary of Taiwan’s largest financial group Cathay Financial Holdings launched the new CUBC mobile banking application (mBanking App) integrated with the National Bank of Cambodia’s Bakong…
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This Forum will serve as a useful platform for financial regulators in Asia Pacific The Monetary Authority of Singapore (MAS) yesterday hosted the inaugural Financial Sector Cloud Resilience Forum (Forum) for Asia Pacific financial regulators and Cloud Service Providers (CSPs) to exchange views on appropriate public cloud risk management practices…
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‘Non-stop’ calls for collaboration between the ICT and banking industries If banks want to remain competitive in the face of neo-bank and fintech upstarts, they’ll have to fundamentally change the way they do business to be digital first. And if they’re going to achieve that goal, then working with technology…
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To trade tokenised Australian Carbon Credit Units This marks the completion of the Bank’s first use-case as part of the Central Bank Digital Currency (CBDC) pilot run by the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC). For this use-case, ANZ and GCV sought to test…
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A key part of CBA’s investment in developing skills and expertise for Australia’s digital economy Commonwealth Bank is significantly expanding its technology graduate intake and hiring 219 new technology graduates in 2023 – a 284 per cent increase compared to its 2020 intake. CBA’s technology graduate program is designed to…
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In efforts to build a digital bank in Pakistan HugoBank, Pakistan’s latest digital bank led by a Singapore Consortium, today announced the proposed appointment of Atyab Tahir as Chief Executive Officer, subject to the State Bank of Pakistan’s fit and proper assessment. Following the company’s incorporation, Atyab will set-up and lead HugoBank in Pakistan to offer…
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Business operations and expectations for financial services are also evolving Fusion Bank, a virtual bank strategically invested by Tencent Holdings Limited, today announces the launch of Business Banking Services to provide flexible and convenient Internet Banking services to local small and medium-sized enterprises (SMEs), empowering them to expand their businesses. SMEs can…
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