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Global Banks Turn to Fintechs to Cut Operational Costs and Pursue Innovation
Fintech Finance NewsFinastra research reveals that fintech partnerships are a critical part of a bank’s strategy, with 3 in 4 global banks planning to connect with an average of 3 fintechs in the next 12-18 months. The largest proportion of respondents want to plug into a platform of integrated fintech solutions (56%), with only 6% preferring to build capabilities in-house. This is particularly prevalent in Europe, where this is 73% and 5% respectively.
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Digital transformation remains core agenda in Asia Pacific
Wed, September 22, 2021 Asia Singapore  DBS Group ,Digital Banking ,e-Banking ,FinTech ,Technology ,Treasury2021 survey expanded to include views of more than 1,000 SMEs to garner deeper insights on digitalisation trends and challenges
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We want more APIs, treasurers affirm
Research by DBS reveals the region’s most influential treasury units will notably increase usage of API technology to solve their biggest issues. Dynamic companies such as Gojek, Skyee and Bukalapak are just a few live examples.
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Are CFOs getting too distracted from their core role by all the tech that businesses are adopting?
Digital technologies are intended to improve efficiency and productivity in the treasury function, yet newly released East & Partners research suggests the opposite is taking place.
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3 in 10 CFOs, treasurers in Asia-Pacific leading digital transformation: DBS poll
THREE in 10 (29.5 per cent) chief financial officers (CFOs) and corporate treasurers in Asia-Pacific (APAC) said it is their responsibility to push the digital strategy agenda at their companies.
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Fintech to shake up finance
Global fintech Ebury wants to take on the large domestic banks in trade finance, as part of a plan to expand aggressively and use Australia as a springboard to grab “lower hanging fruit” in the Asian region.