The Retail Bank of Australia (RBA) noted the need to modernise Australia's regulatory architecture and payments infrastructure in order to support innovations in the payments industry, says Governor Michele Bullock in an address at the Australian Payment Network Summit.
This story is from the Issue 113 edition of Asian Banking & Finance.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Issue 113 edition of Asian Banking & Finance.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
From Sandbox To Success: How PH Neobanks Disrupt Banking
They made use of their old payments model and partnerships to scale operations.
How Trust Bank Won The Trust Of Singapore's 12%
It is currently the world's fastest growing bank by market share.
GenAI, CBDCs To Shape Singaporean Finance In 2024
Singapore will be piloting the use of wholesale CBDCs next year.
How Financial Institutions Can Build Customer Loyalty
It's no longer just about giving perks, but about offering experiences.
OCBC unveils blockchain-powered CBDCs at Singapore Fintech Festival
OCBC is aiming to commercialise one or two of its blockchain solutions in 2024.
Untapped markets: pioneering the future of finance beyond traditional banking
Brands must shift from running campaigns to building platforms.
Tech glitches, failed cost targets plaque Thai banks
KBank's credit costs rose by 11 basis points to 219 bp in 2023, a step further from its target range of 140 to 160 bp.
DBS' digibank shrinks loan approval time to a maximum of 10 minutes
The bank is making use of government population data for its face recognition service.
GCash goes cross-border, eyes 'biggest IPO' title
It aims for full launch and expansion into 10 markets in 2024.
Grocery runs can now double as shariah bank visits
Bank Aladin Syariah partners with Alfamart, which has 18,000 outlets nationwide.
