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Is Payment Friction Challenging Your Business Growth Ambitions?

Digital payments transaction value is growing exponentially and is expected to climb to US$5.6 trillion in Asia by 2025. For companies that use digital payments, user experience, straight-through processing rates and operational efficiency have become primary concerns. Although companies such

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How Can Branch Banking to Evolve and Stay Relevant in a Digital World

If there is one clear mark that the pandemic has left on the banking industry, it is evident in the acceleration in the adoption of online and mobile banking solutions among customers, leaving a decreased footfall in physical bank branches.

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How Can Financial Institutions Put a Stop to Account Takeover Attacks

Financial Institutions (FI’s) can detect and prevent account takeover attacks using continuous monitoring and adaptive multi-factor authentication. Account takeover (ATO) fraud is one of the top causes of fraud losses for banks and financial institutions. An account takeover occurs when

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8 Technology Requirements to Consider When Future-Proofing Your BNPL Offering

As the BNPL space expands rapidly, organisations need to infuse their go-to-market strategies with advanced technology to make these programs sustainable – to manage risk and respond quickly to market needs, and to be agile to shift as needed to

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Boosting Fraud Prevention and AML While Preserving the Customer Journey

As the technologies that power the world of banking and financial services grow more sophisticated, so are the threats vectors affecting them. And although financial service providers are leaning heavily on technology to power next-gen products and services, perhaps the

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How Public Cloud is Accelerating the Success of Fintech in Malaysia

The digital economy is expected to contribute 22.6% to the country’s gross domestic product (GDP), according to the Malaysia Digital Economy Blueprint (MyDIGITAL). In preparing Malaysia to become a technology-based economy, developments in the Malaysian fintech space have been supported

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4 Priorities for Banks to Secure Digital and Mobile Channels

During the pandemic, the number of data breaches has increased drastically: cyberattacks targeting banks have even grown by 238 percent. This fraud surge goes hand in hand with the growing use of the mobile and digital banking channels. While this trend

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How Technical Debt Impedes Your Bank’s Ability to Innovate

In a technological landscape where speed to market has become a distinct competitive advantage, technical debt can seriously impede an organisation’s ability to innovate. Technical debt refers to shortcuts taken and gaps left unaddressed, as organisations race to cut down

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What Banks Have Learned From Two Years of Remote Working

In the past two years, the world has undergone a radical experiment like nothing we’ve witnessed before. We’ve moved from a largely office-based work environment to a near-complete remote work environment almost overnight. This is no small feat for most

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Research Finds Malaysian Banks That Fail to Digitise Face Extinction

A new global research report from the Financial Times Focus (FT Focus) and SaaS cloud banking platform Mambu has identified that three in five banks believe they will cease to exist within five to ten years if they do not

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