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Global Report Reveals Filipino Banks Face Extinction Unless They Embrace Digitisation

Three in five banks believe they will cease to exist within five to ten years unless they change their business models, according to a new global research report “Evolve or be extinct” from the Financial Times Focus (FT Focus) and

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Stronger Mobile Application Security Is the Key to Revenue Growth

Financial institutions have been moving towards expanding digitisation for years, offering remote banking services, and prioritising the customer experience in digital platforms. In 2020, however, the COVID-19 pandemic has dramatically accelerated this shift. With less access to bank branches, the

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Mambu’s Finding Reveals Risks if Banks Do Not Evolve

Banking and financial services platform Mambu shares its “Reinventing Banks as Disruptors” whitepaper to help financial institutions get ready for the future of core banking. Technology is evolving faster than ever and it is becoming challenging for banks to continue

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Huawei Vows To Enable Digital Ecosystem-Based Finance in APAC

Huawei held its first virtual Asia-Pacific Intelligent Finance Summit 2021 with the theme “Accelerate Digital Transformation in Banking, New Value Together” on 29 July 2021. As economies across the Asia-Pacific region continue to recover and rebound, leading banks and financial

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Mambu Says 33 Million Filipinos With Digital Wallets Remain Formally Unbanked

A recent study of 2,000 global consumers by Mambu, the market-leading banking and financial services platform, revealed that both banked and unbanked individuals feel underserved, with 56% of banked customers claiming that there are other services they should be able

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Seamless Philippines to Discuss the Future of Payments, E-Commerce and Fintech

On 30 September & 1 October, Seamless Philippines’ 2020 edition will take place online, bringing together the region’s commerce and finance ecosystem to discuss the latest trends in payments, e-commerce, retail, fintech and more. On the morning of 30 September,

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Banks Must Gear Up for Upcoming Data-Intensive Era, Experts Say

Changing customer expectations, the rise of big techs, and COVID-19 are accelerating banks’ digital transformation, forcing them to upgrade their infrastructure to meet the requirements of the data-intensive era, experts said. At the Huawei APAC FSI Data Storage Summit virtual event, experts

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Huawei Aims to Help Banks Unlock Data-Driven Intelligent Finance at Its Virtual Summit

Huawei announced that it will be hosting its APAC Financial Industry Storage Summit 2020 on the 13th August 2020. The high-level summit is targeted at keeping the C-level from banks informed on the latest trends, developments and challenges in data

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