CFOtech Asia - Technology news for CFOs & financial decision-makers
Asia

Financial institutions Stories

Global Stories

Financial institutions stories

DataCentreNews marks 12 years of global industry coverage
Storage

DataCentreNews marks 12 years of global industry coverage

The specialist title now reaches readers across six countries as demand grows for coverage of power, cooling and AI-driven data centre expansion.

By Mark Tarre • 2 min read • 2 days ago
Overtime & Authvia join up on receivables payments
Software-as-a-Service

Overtime & Authvia join up on receivables payments

Receivables teams could cut friction as the joint platform lets consumers settle balances during the same voice, SMS or digital exchange.

By Mark Tarre • 4 min read • 3 days ago
Watchlist screening: Reducing false positives in Australia & New Zealand
Customer Relationship Management

Watchlist screening: Reducing false positives in Australia & New Zealand

Higher false positive rates are slowing onboarding and draining compliance teams as sanctions screening volumes rise across Australia and New Zealand.

By Edmund Ng • 6 min read • 4 days ago
Standard Chartered taps Broadcom for private cloud overhaul
Private Cloud

Standard Chartered taps Broadcom for private cloud overhaul

The shift has already cut deployment times to a day as the bank rebuilds critical systems for 54 markets on a private cloud platform.

By Sofiah Nichole Salivio • 3 min read • 4 days ago
Mambu gains Swift certification for payments platform
Fintech

Mambu gains Swift certification for payments platform

New customers can tap Swift's global network without building their own connectivity, as BankB goes live on Mambu's managed service.

By Karen Joy Bacudo • 4 min read • Last week
Rogo appoints Joe Xavier as Chief Technology Officer
Software-as-a-Service

Rogo appoints Joe Xavier as Chief Technology Officer

The hire signals Rogo's push to expand in finance, with annual recurring revenue up more than 50% and 100 new customers last quarter.

By Joseph Gabriel Lagonsin • 3 min read • Last week

Stories from Other Regions

Financial institutions stories

Peoples Group backs hybrid models for Canada payments
Fintech

Peoples Group backs hybrid models for Canada payments

As Canada's payments system grows more complex, hybrid access is emerging as a way to cut costs and ease compliance burdens.

By Karen Joy Bacudo • 4 min read • Yesterday
Eltropy summit to gather credit union leaders in Monterey
Digital Transformation

Eltropy summit to gather credit union leaders in Monterey

More than 90 credit union and community bank executives will discuss economy, AI and growth at Eltropy's invitation-only summit in Monterey.

By Karen Joy Bacudo • 3 min read • 3 days ago
Alpaca & Broadridge add governance to tokenised equities
Fintech

Alpaca & Broadridge add governance to tokenised equities

Investor voting and disclosures will now extend to tokenised equities on Alpaca's platform, as Broadridge adds governance controls to the network.

By Karen Joy Bacudo • 4 min read • 3 days ago
Australian banks pay over AUD $4,000 a day for specialists
Digital Transformation

Australian banks pay over AUD $4,000 a day for specialists

Banks and insurers are scrambling for scarce regulatory experts as deadlines bite, even after cutting about 8,000 permanent roles this year.

By Sean Mitchell • 4 min read • 3 days ago
AFM calls for audit rule reform to ease mutual costs
Law Commission

AFM calls for audit rule reform to ease mutual costs

Smaller member-owned insurers say stricter audit rules are draining funds that could be spent on services, growth and product development.

By Karen Joy Bacudo • 4 min read • 4 days ago
Australia urges small firms to ditch cheques for digital
Digital Transformation

Australia urges small firms to ditch cheques for digital

Small businesses face disruption as Australia phases out cheques by 2029, with 3.5 million bank cheques still unbanked.

By Sean Mitchell • 3 min read • 4 days ago
Payments NZ chief calls for stronger interoperability
Fintech

Payments NZ chief calls for stronger interoperability

New Zealand's payments system could face disruption unless banks and providers agree common standards, Steve Wiggins said.

By Mark Tarre • 3 min read • Last week
Lumin Digital raises USD $115 million in new capital
Software-as-a-Service

Lumin Digital raises USD $115 million in new capital

Backers including clients boosted the bank software provider's war chest to fund AI, payments and lending development as valuation hit USD $1.6 billion.

By Karen Joy Bacudo • 4 min read • Last week
Corning Credit Union adds plain-language search with Tursio
Data Protection

Corning Credit Union adds plain-language search with Tursio

Staff can now pull member data in plain English after Corning Credit Union cut wait times from weeks to near-instant ad hoc searches.

By Sofiah Nichole Salivio • 4 min read • Last week
Visa launches stablecoin platform for financial firms
Crypto

Visa launches stablecoin platform for financial firms

Select banks and fintechs can now test stablecoin transfers in a Visa-managed environment built for treasury and settlement work.

By Karen Joy Bacudo • 4 min read • Last week
UK Fraud liability in 2026: The hidden cost of synthetic identity fraud
Fintech

UK Fraud liability in 2026: The hidden cost of synthetic identity fraud

Banks now face a capped GBP £85,000 reimbursement bill per claim as synthetic identity fraud turns into a direct liability under tighter UK rules.

By Barley Laing • 5 min read • Last week
Tradable to tokenise USD $1 billion of credit on Stellar
Fintech

Tradable to tokenise USD $1 billion of credit on Stellar

The move could widen access to regulated private credit products as Tradable brings its onchain issuance platform to Stellar for institutional users.

By Karen Joy Bacudo • 3 min read • Last week