Banking Technology

CBA pays $525,000 in penalties for data sharing contraventions

CBA pays $525,000 in penalties for data sharing contraventions

Some customers may have been unable to share certain data to accredited recipients.
4 days ago

HSBC: Human oversight key as AI advances

AI tools should be deployed with strong oversight.
4 days ago

Banks leverage AI to streamline research and financial analysis

AI is being adopted in use cases outside CRM and as a research assistant.
5 days ago

Here are five ways banks can use agentic AI

Agentic AI helped free up 10% more time for client interactions, McKinsey reported.

AI authenticity risks undermine digital banking

Banks warned to secure data integrity amid rapid AI adoption.

Westpac to enable subscription viewing and cancellation in app

3 in 10 Australians say they are wasting money on duplicate or unused subscriptions.

Banks struggle to keep pace as fintechs scale agentic AI

Most incumbent initiatives are defined by narrower applications.

UOB scales innovation to strengthen regional competitiveness

UOB’s Innovation Group is driving bank-wide adoption of AI, blockchain, and productivity-boosting tools.

Banks a key entry point for Web3 adoption

Over 8 in 10 will use or will strongly consider using Web3 services if offered by a bank.

Why SMBC launched an agentic AI startup in Singapore

Account opening may drop to two days and loan processing to five.

Banks risk losing $170b if AI adoption lags

But longer term, AI may erode bank profitability as customers turn to AI agents.

VPBank upgrades Temenos core banking system

The bank now operates in a fully cloud-native environment.

Will AI define banking’s winners and losers?

The next five years will determine the industry’s AI adoption journey.

DBS launches Gen-AI virtual assistant for corporate clients

The service provides 24/7 corporate banking support via the IDEAL platform.

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.