Banking Technology

Gen AI to add up to $340b new value to banks: McKinsey

It will add $56b and $54b in new value to corporate and retail banking, respectively.

Gen AI to add up to $340b new value to banks: McKinsey

It will add $56b and $54b in new value to corporate and retail banking, respectively.

HSBC SG's Tancy Tan on balancing risk and innovation in AI adoption

COO Tancy Tan says the bank currently runs over 100 use cases for generative AI.

How Open Finance Transforms Emerging Economies Like the Philippines

The financial landscape in emerging markets is undergoing a great shift.

CIMB Singapore announces 2.88% interest rate for CIMB BusinessGo

There are no minimum fall-below fees until 31 January 2024.

GBA’s financial services industry more ‘bullish’ for future prospects: PwC

Tech advancements are paving the way to new opportunities for cross-industry servicing.

UOB, Visa, SG fintech Doxa to facilitate quicker payments for contractors

JTC and Kimly have joined the trials in the Doxa Connex platform to simulate payments.

Commonwealth Bank of Australia exploring GenAI use to test products

They are exploring the creation of GenAI chatbots that emulate human behaviors.

How can financial institutions build customer loyalty in the modern era?

It’s no longer just about giving perks, but about offering experiences, industry leaders said.

Thailand’s KBank launches the K PLUS Laos app

The app is now active in 3 countries, with 21.8 million users.

Ensuring Operational Resilience (OR) in Japan

Initiatives from BCM (Business Continuity Management) to OR.

Mizuho Bank unveils progress report for business improvement plan

It is also in the process of reforming company culture through a new corporate identity.

PH digital bank CEOs tout marketing, mindset, partnerships to disrupt banking

They made use of their old payments model and partnerships to scale operations.

Philippines on track to meet digital payments goal: central bank 

Nearly 4 in 10 Filipinos now have e-money accounts, says Deputy Governor Tangonan.

Asian Banking & Finance Awards 2023 Highlights

Experience the most memorable moments from the prestigious 2023 Asian Banking & Finance Awards.

How tech disruption, branding innovation are shaping the future of finance: analysts

The afternoon sessions of ABF Summit 2023 saw analysts and bankers explore why tech and marketing are important to financial institutions.

Regulatory caps on neobanks’ operations could stifle growth, expert warns

Despite questions arising from the recent rise of deposit caps in neobanks, incumbent banks are left unfazed.