Banking technology

DBS mobile app customers face intermittent access on Monday; bank says issue resolved

More than 1,000 reports have been made on outage tracking site Downdetector since around 2 pm

The new Moomoo Private Wealth offering, designed for high-net-worth individuals, combines advanced technology with personalised service, according to the company's CEO Gavin Chia (pictured).
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From retail trading to private wealth: Inside Moomoo’s plans to reshape Singapore’s investment landscape

After simplifying investing for retail traders, the global platform is now attracting high-net-worth investors with digital solutions for wealth management, says its CEO Gavin Chia

SMBC’s AI prototype aims to help humans better analyse data and make informed decisions.
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How generative AI can help companies by asking questions, not providing answers

Bank develops AI prototype that can help humans by identifying areas that require deeper analysis

Jenita Soetanto from UOB, the largest commercial investor in Singapore’s first smart digital district.
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BT Tech In Finance: Harnessing AI’s transformative potential (Ep 1)

How will the integration of Generative AI into daily banking operations affect you and your assets? Howie Lim speaks to Jenita Soetanto from UOB to find out.

The recent disruptions in the digital and ATM services of some banks begs the question as to whether these institutions might be prioritising speed and novelty over the foundational elements of their operations.

Unbridled innovation: a rude awakening for Singapore’s banks?

OVER the past few months, something strange and unsettling has unfolded in Singapore. In a nation renowned for its bustling shopping scene and cutting-edge technological prowess, there have been sever...

DBS and Citibank e-banking services, as well as DBS ATM services at several locations, were down on Oct 14 because of technical issues at a data centre.

Achieving high-availability and 24x7 banking services

Recent incidences of banking and e-payment outages have raised the question – what will it take to ensure failproof services?

By processing vast datasets, detecting patterns and incorporating multiple variables, AI can refine economic and monetary predictions.

Banks must find balance with AI in financial markets

THE surge in artificial intelligence (AI) research within the financial technology sector has been remarkable. Banks are strategically cultivating ecosystems through partnerships with universities and...

Supporting consumer aspirations is what UOB’s aim. Jacquelyn Tan, head of group personal finances tells us how.
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BT Future of Finance: How tech will change the future of financial services (Ep 1)

Singaporeans are worried about their finances during these volatile times but there is help at hand as UOB digitalises and deploys A.I. in thoughtful and targeted ways. It’s the Future of Finance and ...

UBS may be richer following its acquisition of Credit Suisse, but large mega-banks are more prone to operational risks.

Banks need to speak the same digital language

Complex, opaque and often outdated systems in large international lenders can threaten the global banking system’s stability

The prospect of banks using facial recognition has concerned some privacy experts.

India lets banks use face recognition, iris scan for some transactions: sources

THE Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, three sources said. The move is in...