Following two months of industry deliberation, the FSC has said the new open banking system will be piloted in October, and fully implemented in December.
April 17, 2019Industry veteran Philip Keller explores the approach taken by regulators in the Philippines to encourage fintech innovation and financial sector digitalisation.
March 19, 2019The MAS' new Technology Group will centralise its technology capabilities and strengthen supervision of technology risks in the financial sector.
March 7, 2019The SET's plan is aimed at broadening its investor base, scaling up digital transformation, widening access to mutual funds and streamlining regulatory processes.
February 5, 2019In APAC, Singapore is the most prepared for open banking, followed by Australia and Hong Kong, according to Finastra’s ‘Open Banking Readiness Index’.
November 1, 2018With digitalisation becoming a mainstay concept, it’s time for financial institutions to rethink and take a holistic view on their digital transformational journeys.
October 5, 2018Digital transformation of financial services is well underway, driving the demand for new and innovative solutions such as blockchain and artificial intelligence. These technologies require an ever-increasing set of computational power, storage, and analysis that can be seamlessly provisioned by...
August 29, 2018In a new report, Quinlan & Associates suggests successful adoption and effective utilisation of cloud technology can help banks achieve a 1-2 percent revenue boost and a 2 percent reduction in overall costs.
August 29, 2018