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Bank Rakyat Indonesia, Indonesia’s biggest state-owned lender, started the year with key strategic announcements, including an alliance with Chinese payment platform Alipay and plans to acquire a local insurance company and a small lender. BRI signed a…
Juniper Research predicts that by 2021, nearly 3 billion users will be using retail banking services on smartphones, tablets, PCs and smartwatches, up 53% from 2017. The new research titled “Retail Banking: Digital Transformation & Disruptor Opportunities…
Research institute Microsave reported that only 0.73 percent of cellphone users in Indonesia have utilized online financial services. “The figure is lower than those of Malaysia with 5.79 percent and Cambodia with 2.73 percent,” Microsave Country Development…
Mobile devices, for the first time, now account for more than half of all online viewing, and compares video engagement between iOS versus Android users, according to the second-quarter 2016 Global Video Index from Ooyala. The report continues a quarterly…
DBS launched a “mobile-only bank” and said it aims to garner 5 million customers and a deposit base of Rs50,000 crore over the next five years On Tuesday, DBS launched a “mobile-only bank” and said it aims to garner 5 million customers and a deposit base of…
Singapore’s OCBC Bank has launched a new mobile banking app designed for the Apple Watch. With the app, users can have instant access to their personal banking information, including the full list of their balances – bank accounts, cards and investments,…
The Association of Banks in Singapore on Tuesday (1 December) warned consumers of a new malware that has been targeting mobile banking customers using Android smartphones. In a press briefing, ABS director Ong-Ang Ai Boon said that since September “about 50”…
A bold new plan to enable money transfers using only mobile phone numbers is being explored as the banking industry looks at ways to improve payment technologies. Monetary Authority of Singapore (MAS) managing director Ravi Menon revealed the initiative…
