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Thailand and Singapore enable cross-border QR code payments. Source: Shutterstock

SCB enables cross-border QR code payments between TH and SG

Except for a few ad-hoc street vendors, not many sellers accept cash in China. Source: Shutterstock

Foreign professionals and tourists in China can finally use WeChat Pay

Open banking is transforming the fintech ecosystem in Asia and helping small businesses go digital. Source: Shutterstock

Open banking: An enabler in the race to relevance in the digital-age

Banks in Hong Kong are using AI applications. Source: Shutterstock

ARTIFICIAL INTELLIGENCE

HKMA provides guidance to banks contemplating use of AI applications

Leading digital banks in Australia are setting a good example for other banks. Source: Shutterstock.

DIGITAL TRANSFORMATION

Australia explores how banks can effectively achieve digital excellence

Chinese consumers are very keen users of digital financial services. Source: Shutterstock

China exploring verification system for financial technology products

Amazon's financial services offerings has seen significant growth in recent months. Source: Shutterstock

Why banks must be wary of Apple, Amazon, Google, and Facebook

Retail shops are always a few steps away for residents of Hong Kong. Source: Shutterstock

Why e-commerce and mobile wallets are yet to take off in Hong Kong

HSBC Bank's use of blockchain to transform the letter of credit is quite exceptional. Source: Shutterstock

HSBC Malaysia uses new technology to upgrade the ‘letter of credit’

Digital only banks are gaining traction but don't seem like a threat to traditional banks. Source: Shutterstock

Why bankers aren’t concerned about digital-only banks gaining momentum

Singapore is getting increasingly mobile. Source: Shutterstock

Why does Singapore want more retail and wholesale digital banks?

Accountants need to brainstorm about making tax digital. Source: Shutterstock

BUSINESS INTELLIGENCE

Deloitte’s 4 steps to building an effective digital tax department

Chinese internet regulator is now actively seeking to clampdown on the practice of over-collection of personal data. Source: Shutterstock

Chinese regulators wonder if apps are collecting too much data

Companies need audit professionals to get more hands on with data and analytics. Source: Shutterstock

Axiata believes analytics is key to better auditing in the digital age

For the global money transfer company MoneyGram, digital transformation is a collaborative effort between its partners to solve its customers' problem. Source: Shutterstock

How collaboration is driving MoneyGram’s DX journey

Based on their central bank estimate back in 2015, three out of four Malaysian struggle to raise MYR1,000 (US$250) in the event of emergencies. Source: Shutterstock

ARTIFICAL INTELLIGENCE

Can financial literacy help the Malaysian economy flourish?

Micro borrowers might find it hard to get a loan because they don't have any credit history. Source: Shutterstock

Can technology and education help provide better micro-loans?

By combining forces, insuretech firms and traditional insurance providers could enhance their offering to serve their customers better. Source: AFP

How insurtech and insurance providers can collaborate better

Senang is an on-demand insuretech platform that partners with insurance providers to provide affordable insurance premiums to micro and small entrepreneurs. Source: Shutterstock

Can API insurance platform solve the pain points in the industry?

Deutsche Bank AG's CEO Christian Sewing is planning to cut back the bank's spending on technology while at the same time gaining ground on their competition, as part of the troubled bank's turnaround plan. Source: Shutterstock

DIGITAL TRANSFORMATION

Is Deutsche Bank’s move to cut tech spending a good idea?