According to George Westerman, research scientist with the MIT Sloan Initiative on the Digital Economy: “When digital transformation is done right, it’s like a caterpillar turning into a butterfly, ...

Since its inception 56 years ago, People’s Bank has supported customers across the country with practical and convenient financial products and services that meet their unique needs and uplift their ...

(L to R): Mr. Ranjith Kodituwakku - Deputy General Manager of Commercial Banking & Digitalization and Mr. Mangala Kariyawasam - Chief Manager of Digital Banking Opening of the 300th Digital Branch ...

Digitalization of the economy is a hot topic these days. Technological change creates new jobs and new opportunities for business. It’s also changing the nature of work and disrupting many industries.

Bank stand to gain the most, because they have the strongest capabilities to deliver digital services and products that meet changing customer needs. In contrast, most public sector banks have limited ...

Digitalization is shaping the future of money, but traditional central bank money housed in commercial banks will remain dominant, Moody’s predicted in a new report. Essentially, trust trumps ...

Steward Bank has announced a restructuring process which will result in a reduction in its staffing levels following the successful implementation of its digitalization strategy. Courage Mashavave, ...

A World Bank study released Sunday in Brasilia showed the largest South American country was second globally among 198 economies in the digitalization of public service structures. Brazil was ...

Shinhan Bank Vietnam, a subsidiary of Shinhan Bank, was awarded by the State Bank of Vietnam (SBV) for its digitalization efforts. It was the only foreign-affiliated firm to receive an award at the ...

MANILA, Philippines — The World Bank has committed to boost its support for the country’s digitalization and modernization efforts, the Department of Finance said. Finance Secretary Benjamin Diokno ...