Banking

UOB Partners With WORQ & Common Ground to Lower Price Barriers for Startups

United Overseas Bank (UOB) recently announced that they have signed a MOU with WORQ and Common Ground to offer up to 20% off the rental of the co-working spaces. Startups and SME’s who are customers of UOB will be able

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Behind The Scenes: How Hong Leong Bank is Digitising Their Workforce

Digital transformation is something that should be happening across the organisation, not just the consumer facing fronts. However, when scanning the news, one might be tempted to think that much of the industry’s digitisation focus is limited to the latter.

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State of Open Banking in ASEAN

Behind the futuristic glass walls of the Marina Sand Bay convention center, Money2020 celebrated its first Asian edition in Singapore. The acclaimed fintech conference series welcomed over 4000 participants who gathered to hear news about the latest fintech innovation in

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Hong Leong Introduces AI Powered Chatbot, But This Time It’s for Their Employees

Hong Leong Bank introduces an AI enabled virtual assistant named HALI, which it claims will help it to improve operations efficiency by 60% over the course of the year. HALI, is powered by Hyperlab which specialises in artificial intelligence (A.

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CIMB partners with Philippines’ Leading Fintech Player FINTQ and Bayad

CIMB Bank Berhad, through its branch that is being set up in the Philippines, CIMB Bank Philippines Inc., recently entered into partnership agreements with FINTQ and Bayad Center Inc both affiliates of the Philippine Long Distance Telephone Company (“PLDT”) group

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CIMB Bank Works with 2 Singaporean Fintech Firms To Enhance Their AI App

CIMB Bank Berhad has added new features to its mobile application, the CIMB Enhanced Virtual Assistant (EVA), to bring further personalised, convenience and improved experience to its customers. Launched in December 2016, CIMB EVA has delivered in enabling account overviews

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What Are Malaysia’s Top 5 Banks Doing About Fintech?

With the wave of new fintech companies entering Malaysia, a question that often pops up in conversation is whether the banks are asleep on the wheels or are they actively beefing up their tech portfolio in response. The Fintech News

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Are Regulations Restrictive for Banks to Innovate in Malaysia?

Earlier this February, CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak told The Edge that the current strict regulations in the banking industry is not creating a conducive environment for banks to be creative or innovative to respond to the oncoming

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EY Global Banking Report: 66% Malaysian Banks Target Digital Maturity by 2020

More than half of Asia-Pacific banks, including those in Malaysia, expect to become digitally mature or digital leaders by 2020 Smart Contracts investments bank by banks will remain low in the near-future despite the hype surrounding it Overall Priority of

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