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AI holds ‘tremendous potential’ for fraud detection, says Swift CEO
AI holds ‘tremendous potential’ for fraud detection, says Swift CEO
Artificial intelligence (AI) is set to reshape fraud detection and financial crime prevention across the global financial system, according to Swift Chief Executive Officer Javier Pérez-Tasso.
Why finance leaders push tokenisation as next phase of digital money
Tokenised deposits invert the model, allowing banks to deliver liquidity directly where required.
Ant International uses AI to predict liquidity, FX needs
Falcon TST now handles about 60% of the company’s global transactions.
Mastercard bets on ‘agentic commerce’ to transform payments
Central to this effort is Mastercard’s Agent Pay framework.
Finance chiefs cite deepfakes, synthetic identity attacks as top AI concerns
Human oversight remains crucial to manage AI safely.
SG, UK launch first-ever AI in finance collaboration
It aims to enhance cross-border opportunities for financial institutions and AI firms.
Singapore builds a three-tier strategy to future-proof its workforce
The plan spans basic AI literacy to advanced development as technology reshapes jobs.
Singapore pursues digital economy ties with ASEAN and global blocs: DPM
DPM Gan also said Singapore is focusing especially on financial services to stay globally relevant.
UOB CEO calls for banks, fintechs, regulators to align on AI standards and trust
Technology should empower people, not replace human judgment and empathy.
Asia’s regulators need to match banks’ digital pace, GFTN says
Good regulation, he argued, should function as “a safety belt, not a brake."
CIMB, Frasers Property to offer SG’s first ‘pay-as-you-earn’ loan
Benefits include first-year savings of up to $7,360 and annual savings of up to $6,360.
VPBank upgrades Temenos core banking system
The bank now operates in a fully cloud-native environment.
The Philippines’ central bank calls for a 24/7 payment system
A round-the-clock operation will enable real-time payment settlement and further economic activities.
SCSCL names new CEO
He brings with him 20 years of experience in China’s fixed-income capital markets.
DBS launches Gen-AI virtual assistant for corporate clients
The service provides 24/7 corporate banking support via the IDEAL platform.
MAS, OJK renew partnership to drive ASEAN FinTech growth
Theartnership focuses on cross-border knowledge sharing and regulatory cooperation.
Franklin Templeton launches Singapore’s first tokenised fund
The fund leverages blockchain technology to enable fractional ownership, lowering the minimum investment to just US$20.
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
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