Banking Technology
Banks risk losing $170b if AI adoption lags
Banks risk losing $170b if AI adoption lags
But longer term, AI may erode bank profitability as customers turn to AI agents.
2 days ago
VPBank upgrades Temenos core banking system
The bank now operates in a fully cloud-native environment.
2 days ago
Will AI define banking’s winners and losers?
The next five years will determine the industry’s AI adoption journey.
2 days ago
DBS launches Gen-AI virtual assistant for corporate clients
The service provides 24/7 corporate banking support via the IDEAL platform.
2 days ago
Banks’ AI adoption to shape cost and revenue advantage
An AI-gap may emerge amongst global banks depending on their adoption journeys, says S&P.
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
As cyber criminals grow more sophisticated, banks must shift their strategy.
NAB’s Ubank expands Passkeys feature to online banking
The digital bank now enables fingerprint or facial recognition logins online.
How Gen AI is transforming banks’ financial advice, risk, and operations
Gen AI can be used to reimagine distribution, improve financial advise, and transform risk management.
PAOBank, OneConnect to use advanced AI to fight deepfakes
The firms join Hong Kong’s fraud detection cohort.
CBA named best in APAC for AI maturity
The bank was first on talent development and responsible AI leadership, the index said.
Hong Kong’s stablecoin rules set to benefit major banks
Cross-border payments will likely be a key factor in the HKMA’s licensing decisions.
CIMB unveils new wealth management platform in Malaysia
This is reportedly the first CIO domiciled in Malaysia to serve affluent customers.
SMBC Group establishes offshoring hub in Chennai, India
The offshore hub will ensure stable systems development and operations, the bank said.
Citi poaches BofA banker for vice chair of tech investment banking
Ric Spencer was global co-head of technology investment banking in BofA.
APAC banks and payments firms urged to prepare for quantum threats
Quantum computing may crack encrypted financial data.
Westpac mobile app rated best in Australia by Forrester
Actionable recommendations and prompts to avoid fees helped propel it to the top spot.
BofA launches gen AI solution AskGPS using 3,200 internal documents
It is expected to help employees answer client queries faster.
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Experts explored how hybrid multi-cloud strategies and interconnected data centres are shaping the future of banking in the region.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections