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NEWS Standard Chartered ramps up IT spending
hub Scope International, says: “We will continue to invest and innovate to ensure we’re able to take advantage of the opportunities as our markets evolve. Approximately $30 million will be invested in our centre here in Malaysia that provides dedicated world- class technology, software and system development, information technology support services, banking operations, situational awareness and response capabilities to businesses globally.”
on global tech hubs over the next three years. Much of the cash will go towards transforming the bank’s digital capabilities.
S Matthew Norris, Chief Executive Officer of Malaysian Fidor fuels O2 Banking launch
elefonica Germany is rolling out a mobile banking service. It has teamed with online new entrant Fidor Bank on this, effectively using its licence as a springboard into the financial services business.
T
The O2 Banking app is available as a free download for Android and iOS users. Depending on their usage, O2 customers receive an additional data volume of up to 1 GB. In addition, early birds also get a one-off bonus of 1 GB for opening an account as well as for their first transaction with the debit Mastercard that comes with the service. Since the announcement of O2 Banking in mid-May, Telefónica Deutschland has been analysing feedback from trial users and will use this to improve the offering.
Scott Thompson tandard Chartered is set to spend $3 billion
Mahendra Gursahani, Managing Director and Chief Executive Officer of Standard Chartered Malaysia, comments: “In order to grow our business, we must become more efficient and invest in long-term growth while contributing to the nation’s vibrant financial landscape. With a history of over 140 years in Malaysia, Standard Chartered has brought the best in banking to our clients. We will continue to do so by bringing the latest in cutting-edge digital capabilities with the same focus on providing easy, convenient banking to our clients.”
Scott Thompson
www.ibsintelligence.com © IBS Intelligence 2016
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