digital banking - Tech Wire Asia

DIGITAL BANKING

The financial wellness war – Malaysian banks vs digital banks

NOV 14, 2020: A United Overseas Bank store front in the island of Penang, Malaysia. (IMG/mokjc / Shutterstock)

UOB Bank Malaysia SEA’s first to use online video call service for insurance advice

BNPL

Embedded finance ensures BNPL is not making banks irrelevant

Fruits and vegetable vendors at a market in Quezon City, Philippines. A large number of Filipinos are underbanked or unbanked, making fintech services a boon to the development of financial inclusion there.

Digital banking in Philippines sees new contender, GOtyme

banking as a service

Can legacy banks stay relevant with banking as a service?

The privileged-underprivileged divide is prominent in certain parts of the Philippines. A large number of unbanked consumers reside here, and digital banking can help support and tap into this market. (Photo by NOEL CELIS / AFP)

UnionBank first traditional Philippines bank to secure digital banking license

NLP based chatbots can help banks improve the customer experience so lines can be shorter, and staff can focus on attending to more complex queries (Photo by TANG CHHIN Sothy / AFP)

Commercial AI-powered NLP chatbot by CIMB now available to Malaysian SMEs

Malaysian banks embracing more technologies to build consumer trust

Consumers can't wait for digital banking in Malaysia to take off (Photo by Mohd RASFAN / AFP)

Majority of consumers are eager to use digital banking in Malaysia

The APAC region has seen a massive jump in downloads of fintech apps, showing strong support for fintech to grow in the region. (Photo by Roslan RAHMAN / AFP)

AI in banking still has room for growth in Asia Pacific