Digital banking under the wave of financial technology.

60 digital banks emerged globally in 2018 and will reach 256 by 2020. With the aid of cutting-edge technology, digital banking refers to the comprehensive digitization of banks and all their activities, plans, and functions, utilizing digital networks as the core of banks and providing online financial services to their…

Read More

India corporate banking predictions for 2022 and onwards

Banks are revisiting their legacy IT infrastructure. The corporate banking revenue of leading banks in India has largely remained muted or negative during most part of the current financial year. Declining net interest margins on corporate lending is further adding pressure on non-lending banking businesses like transaction services to broaden…

Read More

Oriental bank Plc selects global Paytech provider

Commercial bank aims to capture a sizeable market share of tech-savvy consumers. Oriental Bank Plc., a new bank in Cambodia with a digital-first strategy, today announced that it has chosen global payment provider BPC to power its digital banking experiences. Cambodia has over $US22 billion in currency circulation and digital literacy is on the rise. The…

Read More

Digitalization development for financial and banking sectors in Vietnam

DBank integrates confidently and strongly with the world’s most modern digitalization trend. Within the official visit of Vietnamese President Nguyen Xuan Phuc to Singapore, HDBank signed a cooperation agreement with Thought Machine group – the world’s leading core banking solution provider. In Vietnam, HDBank cooperates with Thought Machine to develop the latest version…

Read More

APAC banks race to revitalise innovation initiatives

The pandemic revealed digital gaps between banks. Asia Pacific banks are going back to the drawing board on their digital transformation programs. Digital banking fitness has been the key factor, with digital banks enjoying three times the growth in customer bases compared to traditional banks. The second edition of the Fintech…

Read More