Cloud
HSBC Ties up With Oracle to Bolster Its Digital Transformation Journey
HSBC has signed a multi-year agreement with Oracle for a strategic collaboration to accelerate the bank’s digital transformation. The bank will upgrade and migrate select database systems to Oracle Exadata Cloud@Customer, a cloud platform delivered as a managed infrastructure service
Read More
Banks Need to Avoid Risks of a Big Bang Transition When They Digitise
The latest research by the International Data Corporation (IDC) and Thought Machine, a cloud native core banking technology firm, revealed that 40% of banks in the Asia Pacific will make significant changes to their current core banking systems in the
Read More
Huawei Eyes APAC Fintech, E-Commerce Startups with New US$100M Commitment
Over the next three years, Huawei will be committing US$100 million into its Spark program in Asia Pacific (APAC), a startup program aimed at supporting young ventures in the fields of fintech, e-commerce, energy, manufacture and smart city. In particular,
Read More
Building a Bank in 100 Days
COVID-19 has accelerated a trend which had already begun in many parts of APAC – the closure of branches. At the same time though, we are seeing an increasing number of new names in retail banking in the form of
Read More
Crypto.com Picks AWS as Its Cloud Provider
Hong Kong-based cryptocurrency platform Crypto.com announced that it has selected Amazon Web Services (AWS) as its preferred cloud provider. Running on AWS, Crypto.com will scale to offer financial services beyond its existing user base. By using AWS Trusted Advisor, a
Read More
ICBC (Macau) Picks Huawei All-Flash Storage to Support Online Banking Boom
Since the outbreak of COVID-19, contactless payments have soared and digital banking adoption has increased dramatically. In Q1 2020, MasterCard recorded more than 40% growth in contactless transactions globally. In the US, which has traditionally lagged other countries in digital
Read More