All posts tagged "Digitisation"
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572Asia-PacificThailand Developing Foundation for Digital Banking – Report
The efforts are aimed at developing data from non-financial sources, an electronic identification system, and a suitable regulatory framework.
January 14, 2020 -
433AML / KYCRBI Allows Regulated Entities to Use Video-based KYC
Financial services firms can record video and capture photos of customers presenting their identity document for verification. Electronically-submitted and digitally-signed documents can also be accepted.
January 10, 2020 -
675Capital Regulation
RBI Cuts Consumer Credit Risk Weight, Offers Boost to NBFCs
The RBI will increase bank exposure limits for NBFCs, allow on-lending to priority sectors, and enable near-real-time tracking of payments fraud through the creation of a centralised registry.
August 9, 2019 -
1.2KAsia-PacificCompetitive Dynamics in Banking Intensify Across APAC: S&P Global
Indigenous virtual banks, global digital-only banks, and digitised traditional banks are all vying for market share, says a new report from S&P Global Ratings.
July 18, 2019 -
1.4KFeatureSingapore Banks Well-Equipped Against Fintech Threat: Moody’s
Singapore's three largest banks are well placed to ward off threats to their market share by fintech firms, even as friendly regulatory policies encourage greater growth in the sector.
June 20, 2019 -
598MalaysiaBursa Malaysia Launches Mobile Depository Services
'Bursa Anywhere' allows individual investors to manage their share depository account on their cellphones.
June 13, 2019 -
679Asia-Pacific
APAC Banks Have Sufficient Buffers to Counter 2019 Risks – Moody’s
Banks will face challenging conditions in 2019 due to moderating economic growth, slowing credit expansion and US-China trade tensions, but have adequate buffers against growing risks.
December 7, 2018 -
699Big PictureOff-boarding Tail Clients a Short-Sighted Approach – Report
Report by Quinlan & Associates suggests potential for digital transformation to deliver 10-15% boost in top-line revenues and 30% reduction in operating costs, with tail clients a key opportunity.
July 9, 2018 -
1.4KContributed ArticleVirtualisation in Banking Sector: A Major Step Forward for Hong Kong
Hong Kong may have been slow to the game in finalising its framework for virtual banks, but digitisation in the city is now on the move. This is good news and critics should recognise this as a major step forward...
June 27, 2018 -
379Asia-PacificMalaysia Establishes Working Group to Digitise Brokerage Industry
The BRIDGe working group will work to enhance operational efficiencies and service standards, promote innovation and reduce brokerage costs.
March 18, 2018
