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Sanjay K. Deshmukh, Vice president and Managing Director, SEAK, VMware
NATION
NATION

VMware Banking Consumer 2020 Study: Malaysian consumers have one of the highest distrust of online payment security in the region

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According to VMware, a leading innovator in enterprise software, the new VMware Banking Consumer 2020 Study reveals that almost half (46%) of Malaysia consumers are dubious about the security of e-wallets and payment applications. The numbers rise for connected devices, with 53% doubting the security of smart devices with payment capabilities. The study also found […]
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FAA Announces New Finance Qualification Structure

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For Part 3 – Kashminder Singh – PitchIN

MALAYSIA’S INDUSTRY 4.0 JOURNEY – FUNDING OPTIONS

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Views of Punjab National Bank Following Multi-Billion Dollar Fraud
INDIA
INDIA

India poised to infuse $2 Billion into state-run banks

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India will inject at least 135 billion rupees ($2 billion) into state-controlled banks this month, as it seeks to shore up capital buffers and help the lenders meet coupon payments on their bonds, people familiar with the matter said. Read the full story at https://www.bloomberg.com/news/articles/2018-07-18/india-is-said-poised-to-infuse-2-billion-into-state-run-banks SOURCE: Bloomberg (15)
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indiaeconomy

India’s slowing economy takes deadly turn, but Modi’s in denial

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Google, Walmart Help Drive India Payments Past 1 Billion Transactions

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smart counter
CHINA
CHINA

Shanghai Pudong Development Bank unveiled China’s first smart counter

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The intelligent i-Counter provides customers with efficient and convenient one-stop integrated financial services digitally and the equipment at the counter can handle up to 90 percent of banking services previously done with the help of bank staff in the physical outlets, the Shanghai-based commercial joint-stock lender said. Read the full story at https://www.shine.cn/biz/company/1807027833/ SOURCE: SHINE […]
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5G China – 2019 World 5G Convention – courtesy CGTN11

HOW 5G APPS WILL TRANSFORM CHINA – PART 2

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chinese smartphones

Chinese tech companies are shaping UN facial recognition standards

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Screenshot_2018-06-18-19-13-00-107
NATION
NATION

The outlook for Malaysia’s banks remains ‘stable’: Analyst

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Simon Chen of Moody’s Investors Service says “fairly robust” global growth and expectations of strength in its domestic consumption are likely to bode well for Malaysia’s banking sector. Watch the video at https://www.cnbc.com/video/2018/06/17/the-outlook-for-malaysias-banks-remains-stable-analyst.html SOURCE: CNBC (13)
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paper-300118_640

FAA Announces New Finance Qualification Structure

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For Part 3 – Kashminder Singh – PitchIN

MALAYSIA’S INDUSTRY 4.0 JOURNEY – FUNDING OPTIONS

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cheques-2672195_640
CHINA
CHINA

China has built a blockchain system that could replace paper checks

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China’s central bank has finished work on a blockchain-based system that digitizes checks issued by domestic businesses, according to a senior official. Read the full story at https://www.coindesk.com/china-has-built-a-blockchain-system-that-could-replace-paper-checks/ SOURCE: Coindesk (11)
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5G China – 2019 World 5G Convention – courtesy CGTN11

HOW 5G APPS WILL TRANSFORM CHINA – PART 2

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chinese smartphones

Chinese tech companies are shaping UN facial recognition standards

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thirdboard
CHINA
CHINA

Insurance and bank sectors to see overhaul of their regulation

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China is planning to overhaul its financial regulatory bodies by combining the country’s top banking and insurance regulators and transferring some of their functions to the central bank. Read the full story at https://www.shine.cn/biz/finance/1803141641/ SOURCE: SHINE (23)
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5G China – 2019 World 5G Convention – courtesy CGTN11

HOW 5G APPS WILL TRANSFORM CHINA – PART 2

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chinese smartphones

Chinese tech companies are shaping UN facial recognition standards

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Tamara Van Den Ban – 2018-01-22-2560
CORPORATE
CORPORATE

2018 Customer experience trends in banks and financial institutions

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Editor’s Note: This article reports on the media briefing that followed the panel discussion – China’s digital revolution: The opportunities and challenges for Malaysia, in conjunction with HSBC’s Asian Outlook & BRI Forum 2018 at the Kuala Lumpur Hilton on 22 January 2018, By Charles F Moreira, Editor. Banks usually have to follow customers in […]
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VMware: APAC CIOs are Expected to Embrace Cutting-Edge, Data-Driven Technologies

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VMware Announces Cutting-Edge Innovations to Supercharge Malaysia’s Economic Transformation

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INDIA
INDIA

Banks may get incentives for digital push

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India may give banks an incentive of up to Rs 10 for each transaction to encourage merchants to adopt digital modes of payment, helping achieve the objective of a less-cash economy that makes tax evasion easier to detect. According to a government official, the proposal is to provide an incentive of 0.25% on the value […]
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indiaeconomy

India’s slowing economy takes deadly turn, but Modi’s in denial

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money-2180330_640

Google, Walmart Help Drive India Payments Past 1 Billion Transactions

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china-bank
CHINA
CHINA

Private banks approved in Beijing, Nanjing

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China’s banking watchdog has approved the launch of two private banks, in Beijing and East China’s Jiangsu province, to better serve the real economy and help finance small enterprises. In a statement to the Shenzhen Stock Exchange Wednesday night, Suning Commerce Group, a major Chinese home appliance retailer, said it had received the green light […]
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5G China – 2019 World 5G Convention – courtesy CGTN11

HOW 5G APPS WILL TRANSFORM CHINA – PART 2

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chinese smartphones

Chinese tech companies are shaping UN facial recognition standards

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