Digital Transformation
Harnessing Responsible AI in the Financial Sector
Artificial Intelligence (AI) has become integral to our daily lives, driving technological advancements and enhancing various industries, including finance. However, the increasing use of AI also raises concerns about responsible and ethical practices. It is essential to ensure that AI
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Fintech’s Resilient Ride to Spur Digitalisation Despite Recession, Banking Crisis
The world has undergone significant changes since the onset of the pandemic, especially in the financial industry’s journey towards digitalisation. The pandemic expedited the transformation of customer interactions by three years and pushed banks’ digital offerings ahead by seven years.
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Bank Treasurers Can Be Key Players in Driving Efficiency
Before 2008, the role of the bank treasurer broadly revolved around reporting, balance sheet management and cash management. This changed when the global financial crisis saw well-established financial institutions run out of liquidity and eventually fail. Today, treasurers are increasingly
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Thought Machine’s Modern Core Enables Nikel to Close the Small Business Credit Gap
Thought Machine, a cloud-native banking technology company, has empowered Nikel, a fintech startup that unlocks credit for millions in Southeast Asia, to streamline its lending process and develop new products more quickly. Founded in 2018, Nikel which rebranded from Impact
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Financial Planning, Fintech Synergy Key to Malaysia Economic Resilience, Says SC
The world of finance, like many industries, is undergoing rapid transformation, spurred mainly by technological advancements even in emerging markets. One such country embracing this transformation is Malaysia, which was the backdrop for insights shared at the Financial Planning Association
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HSBC Malaysia Enables In-App Investment Account Opening
HSBC Malaysia’s Premier customers can now open an investment account using the mobile app. The service is embedded within the Wealth tab in the app. With this move, HSBC Malaysia’s Premier customers can easily open unit trusts, bonds, and Sukuk
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Accelerating Customer-Centric Digital Transformation in Malaysian Banks
The digital transformation journey of banks, particularly in the Asia-Pacific (APAC) region, has been a hot topic of discussion for years. Backbase, a global leader in engagement banking, has recently revealed the release of an IDC Infobrief that sheds light
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Development Banks Driving Environmental Change Through Technology
Sustainability has emerged as one of the most pressing issues of our time and ESG is no longer just a nice-to-have. Nearly 90% finance executives surveyed in Hong Kong and Singapore by Finastra think it’s important for the financial services
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Mambu Benchmarking Marks New Era of Resilience and Growth For Lending, Neobanks
The world of business is no stranger to change. In recent years, the upheaval has been profound, sweeping across industries and borders. With the assistance of Mambu cloud-native SaaS platform and remarkable benchmarking data, financial businesses have found a way
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Hong Leong’s Ongoing Digital Push Results in Strong Growth
Hong Leong Bank (HLB) reaffirms its commitment to provide its customers with digital services and experiences through its annual HLB Connect Day throughout the whole month of July. The HLB Connect Day 2023 rewards the bank’s customers for embracing the
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