CTBC Bank in banking and wealth management tech revamp with TCS Bancs
TCS says its core system will “support the bank’s growth aspirations over the next decade”.
TCS says its core system will “support the bank’s growth aspirations over the next decade”.
Digital-only Next Bank is backed by Taiwan’s largest telecom operator, Chunghwa Telecom.
The transaction is expected to close in the first quarter of 2023, subject to regulatory approvals.
SinoPac, one of Taiwan’s largest banks, is implementing Temenos’ digital banking solutions.
SCSB will adopt Temenos’ core banking, payments and data lake solutions.
Mega Bank will deploy Avaloq’s core platform to digitalise its private banking business.
Avaloq says its core platform “creates a solid foundation for Cathay Bank”.
The roll-out will start in Hong Kong and Singapore, followed by the onshore market of Taiwan.
The bank will roll out the Avaloq Core solution across business units in Hong Kong and Singapore.
The fintech’s global investors include major banks and venture capital firms.
“In today’s digital world, we are stepping towards a so-called singularity era.”
The regulators will build a “referral mechanism” between their fintech sandboxes.
Chunghwa Telecom owns a 41.9% stake in Next Bank.
Taiwan introduced continuous trading in late March.
FDT and Nogle’s goal is to bring legacy financial services to the digital asset industry.
European investors can now back 12-month commercial loans in Singapore.
Deal is part of “an ongoing commitment to digital innovation.”
This time they’ve integrated logistics provider, Logwin AG.
EXCLUSIVE: SMTB is modernising its core, lending and payments tech for corporate banking in Japan and abroad.
In collaboration with Chunghwa Telecom.