Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Banking on technology in capital

Banking on technology in capital

The Cambodian finance industry is to celebrate the sixth Banking and Finance Conference a week from today, at a meeting that will focus on developing technology in the country’s financial sector.

To be held at the InterContinental Hotel, the event is hosted by the Cambodian Microfinance Association and the International Data Group ASEAN.

“Leading banks are actively enhancing their delivery channel mix to be more responsive and interactive, while adopting new waves of technologies such mobile computing, social computing, and big data to progressively diversify products and service and expand their service scope,” a statement from the events organisers reads.

So Phonnary, chief operations officer of Acleda Bank, said it was important for the industry to stay on top of technological advancements.

“The new and modern technology is the heart of banking operators. It is now the competitive advantage for banking institutions,” she said.

0

Comments

Please, login or register to post a comment

Latest Video

Setting up a drone for flight. Photo supplied

How Cambodia's first drone company is helping farmers

SM Waypoint claims its unmanned aerial vehicles can help local farm and plantation owners increase their yields. Established in September 2015, SM Waypoint now has seven drone pilots, two sales staff and two accountants. Though the company focuses mainly on agricultural projects, the potential uses of the drones are extremely varied, going from measuring exact land height for building drainage systems to finding the most suitable location for special economic zones (SEZs) or factories.

New street food dish shakes things up at Russian Market

Though the bustling food stalls that emerge after dark next to Phnom Penh's Russian Market can seem intimidating to tourists at first glance, there are street food treats to be enjoyed by all, from Kep crab to a new shrimp dish created by the market's owners.

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern