Banking Technology

CBA deploys AI bot army to disrupt and study scam attacks

CBA deploys AI bot army to disrupt and study scam attacks

Thousands of voice and message bots intercept scammers before they reach real customers.
2 hours ago

Banks drop OTPs as fraud drives SNA adoption

66% of critical attacks now target the finance sector.
2 days ago

Protecting against the mobile Trojan horse in your pocket

Scammers, and the criminal organisations they work for, will always look for and take advantage of flaws in mobile banking security.
3 days ago

Krungthai Bank to perform ATM system maintenance

ATM and ATM+ services won’t be available on certain dates and times in July.

Stablecoins bill brings stricter oversight, opportunity to Hong Kong

The digital tokens could support cross-border payments and smart escrow.

Aussie banks welcome confirmation of payee system

It will check if the account names and numbers entered by the payer.

CommBank deploys AI-powered bots to fight scams

The bots engage scammers, gather intelligence, and disrupt scam operations, it said.

ANZ’s group executive for technology and group services is retiring

Gerard Florian will pursue a “non-executive career”, the statement said.

Malaysia’s digital banks face costlier and slower-than-expected loan growth

They may temper deposit-gathering efforts as a result, a positive for incumbents.

Singapore's banks leave more jobs unfilled as hiring slows

For every two people who resign, only one post gets replaced.

Citi to slash 3,500 jobs in China

Layoffs will affect its global tech solution centres in Shanghai and Dalian.

Lloyds, BNP Paribas launch new FX algorithmic execution service

Clients are expected to execute large FX trades more efficiently.

Visa launches AI-powered commerce initiative

It is working with Ant Int’l, Grab, and Tencent to enable an AI-powered checkout experience.

Gen Zers spur banking reinvention

Young consumers are changing financial norms and expectations.

SMFG to merge cloud service Sustana in business partner Asuene’s products

Sustana provides the Japanese bank’s clients calculations of GHG emissions.