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Finzsoft Solutions has signed a five-year agreement with IBM to move its finance and banking applications to the cloud as part of its hybrid cloud infrastructure.
Initial focus will be on banking, engineering, construction and operations, and public sector applications.
A new variation of the notorious banking trojan has been found lurking in the wild, bent on targeting software-as-a-service (SaaS) applications.
According to Trend Micro, consumers are being placed at risk due to rising rates of malware aimed at online banking and malicious applications.
Smartphones may well take over as our payment platform of choice, but could a proliferation of payment apps kill the golden goose?
MCB Mobile Banking ApplicationMCB Mobile is a globally recognized award winning mobile payments service that has an enviable track...
NAB is still building its internal private cloud, but plotting to move apps from the old IT infrastructure to the new one is proving to be a difficult process.
Decision-makers in Japan and Singapore holding off on cloud migration for IT processes citing cybersecurity concerns, while Hong Kong executives show less reticence, survey reveals.
Mobile banking application for customers of First Community Bank.
update Singapore bank investigating how some 200 customers lost about S$200,000 in unauthorized withdrawals that allegedly took place in neighboring Malaysia.
Singapore bank United Overseas Bank launches first mobile app on Apple's iOS platform to enable users to withdraw and transfer money via their mobile devices, among other services.
OCBC says pervasive use of Web-connected mobile devices and social networks has compelled banks to tweak their service models in order to meet customer demand for "instant, now".
Cloud computing more suitable for small and midsize businesses than for large financial institutions, and vendors need to tailor products to make them relevant for large organizations, says ANZ Bank's IT head.
Changing business landscape pressuring financial institutions to change working methods, with cloud services identified as key enabler, says NYSE Technologies CEO.
Web 2.0-savvy youths don't want banks to be their friends on Facebook, finds new survey which highlights mobile phones as key access points for banks to reach out to digital natives.
Come 2015, Asia-Pacific region will clock highest growth in global spending on retail banking technology hitting US$28.1 billion, with strong focus on Internet banking, new report reveals.
Transaction and payment delays continue for National Australia Bank customers as the bank struggles to catch up with the backlog caused by the ongoing system issue holding up transactions.
After quietly slipping a new mobile banking application into the iTunes App Store on Friday, ANZ's group general manager for innovation, Peter Dalton, said that its banking applications work better on the iPhone due to Apple's stringent application screening process.
Customers lost up to US$4,700 each to criminals who used a variant of the Zeus data-stealing Trojan to infect Windows systems, Macs and even Wii consoles, according to security company M86.
Mobile security is getting as stringent as Internet banking security, especially as more security threats targeting phones start to appear, say banking executives.
Compared to their Western counterparts, Asian banks are lagging in use of social media to reach customers, say experts at Asian Banker Summit.
Applications on the Android marketplace were pulled because they infringed banks' trademarks, Google has said.A number of security websites reported earlier in the week that a mobile application developed for use on Android handsets and offered for sale in the Android Marketplace could have been a banking Trojan.
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