AsiaRSS

International Islamic Bank live with new core banking system

IIB and ICSFS teams

International Islamic Bank (IIB), a greenfield bank in Iraq, has gone live with the ICS Banks core banking system from regional developer ICS Financial Systems (ICSFS).

Old world aces new world

China

With sizeable market shares, China’s mobile payments giants Alipay and WeChat Pay are seeking international expansion. What’s next for the tech giants?

Standard Chartered gets personalised for investment ideas in Asia

Standard Chartered on a major cost- and job-cutting spree

This time it’s personal. Standard Chartered has launched a digital wealth management tool that can customise investment ideas in a lively and rapid manner. Called Personalised Investment Ideas (PII), the idea is to help “priority banking” clients respond faster to market opportunities with automated investment ideas based on considerations such as their risk profile and […]

Fintech funding round-up: 13 October 2017

Funding concept with smartphone

Mongolia gets a mention in this concise fintech funding round-up. Features OakNorth Bank, AND Global and TransFICC. UK challenger OakNorth Bank has secured £154 million investment as it looks to lend a further £1.5 billion to businesses in the country in 2018, and then attempt to move on globally. The funding came from the Clermont […]

Zarai Taraqiati Bank in new core banking system search

New core banking system needed at ZTBL

Zarai Taraqiati Bank Limited (ZTBL), a development bank in Pakistan, is looking for a new core banking solution for its conventional and Islamic banking operations.

Fintechs – friends or foes?

Fintech – friend or foe?

Visa employees have a saying that “cash is our biggest competitor.” Mightier threats, however, are looming.

CFTE Supercharger-s fintech learning in Asia

cfte 1

The Centre for Finance, Technology and Entrepreneurship (CFTE) has teamed up with SuperCharger, a fintech accelerator in Asia with offices in Hong Kong and Malaysia, to help its students learning with CFTE. UK-based CFTE cites SuperCharger’s accelerator programmes – which offer a B2B sales focus, closing 14 commercial proofs of concept (PoCs) in 12 weeks […]

Seylan Bank to swap legacy trade finance tech for Finastra’s Fusionbanking Trade Innovation

New tech project for Finastra in Sri Lanka

Sri Lanka’s Seylan Bank is modernising its trade finance technology with Finastra’s Fusionbanking Trade Innovation system. On the way out is the legacy China Systems’ Eximbills system, Banking Technology understands.

Symphony Communication Services makes its Asia debut

symphony logo

Hong Kong-headquartered capital markets and investment group CLSA has deployed Symphony Communication Services collaboration platform across its entire business. The roll-out of Symphony to CLSA’s 1,900 employees is its largest deployment to date by an Asia-headquartered firm. CLSA joins a community who connect on Symphony, comprised of over 220,000 corporate users from 190 firms. CLSA […]

CFTE brings fintech education initiative to Asia with MAS

Singapore

UK-based Centre for Finance, Technology and Entrepreneurship (CFTE) is looking to expand to Asia and plans to set up its first international hub in Singapore. The newly launched organisation says it “has been working closely with the Monetary Authority of Singapore (MAS) to formalise plans to expand CFTE’s education initiative to ASEAN”.

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