Digital Transformation

AWS Rolls Out Gamified Tool to Help Financial Institutions Plug the Digital Talent Gap

Amazon Web Services (AWS) announced the launch of a new interactive, game-based learning experience to help individuals and organisations develop their digital skills. Professionals and teams can play AWS Industry Quest: Financial Services to learn and build solutions for fraud

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Five Takeaways Banks Need to Consider for Their Trade Finance Platforms

Asia Pacific accounts for 55% of the global trade finance’s volume. As the region’s trade grows, so does the financing gap. The high cost-to-serve, perceived risks, legacy systems and processes has left US$700 billion worth of unmet demand in emerging

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Salary is the Top Issue Exacerbating Hong Kong’s Fintech Talent Gap

The HKU-SCF Fintech Academy, Cyberport and Hong Kong Productivity Council have published a Fintech Talent Study Report which found an urgent need to nurture more talents to address the fintech talent gap. The report, which was unveiled at the Hong

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10 Key Highlights from Day 2 of Hong Kong Fintech Week 2022

Hong Kong Fintech Week 2022 ‘s second day was every bit as exciting as the first, with a packed schedule of events, announcements, and sessions with some of the biggest names in the industry.  With so much to see and

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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

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How Indonesia’s BNPL Giant Leverages Data Science to Drive Innovation

Data science and machine learning are some of the most complex yet important business concepts today. And many companies, irrespective of their niche, rely on them to deliver a better user experience to their customers. But what role do data

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BaaS Needs to Double Down on Cross-Industry Partnerships to Fuel Growth

Banking as a Service (BaaS) is seen as one of the biggest opportunities in financial services and is experiencing rapid growth in APAC. Indeed, almost 9 out of 10 APAC executives surveyed by Finastra said they had already implemented BaaS

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HKMA Takes Stock of Banks’ Fintech Adoption Rate to Push Digitisation Efforts

The Hong Kong Monetary Authority (HKMA) announced the results of the Tech Baseline Assessment and its plans for further supporting the industry’s adoption of fintech. As part of its “Fintech 2025” strategy, the HKMA is promoting the all-round adoption of

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Hong Kong’s Talent Development Programme FAST Sustains the Fintech Industry

Despite the heavy blow it has dealt the global economy over the past two years, the pandemic has accelerated digital transformation across multiple sectors. This has led to a spike in demand for talent in the fintech sector. While talent

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SME Lending in APAC Is the Major Opportunity for Banking-as-a-Service

Opportunities are endless with Banking-as-a-Service (BaaS), and nowhere is this more true than in Asia Pacific (APAC). Banks in the region, particularly in hubs like Singapore and Hong Kong, have embraced and become leaders in open banking, automated services, ever-improving

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