Banking Technology

Fraud checks shift as transactions move in real time

Fraud checks shift as transactions move in real time

Globe Business monitors logins API requests traces and system health.
4 days ago

Standard Chartered appoints Shebani Baweja as group chief data officer

She will shape the bank’s data strategy and the direction for how data is governed.

Bank of Baroda adds biometric authentication for UPI payments and PIN setting

Customers can authorise payments and reset their PINs using fingerprint or face ID.

Do banks choose tokenised deposits over stablecoins to guard their balance sheets?

Banks are ramping up tokenised deposit infrastructure use whilst tokenised central bank money remains in the experimental phase.

CommBank tests AI banking assistant in app pilot

CommBank Companion will use live data to deliver financial info to customers.

PNB cuts batch processing by 75% after two-year core banking over

This frees IT teams from late-night monitoring and troubleshooting.

APAC finance firms pummeled by 52% of global cyberattacks in 2025

Banks accounted for 44% of all attacks and got 92% of lower-level attacks.

Philippine banks face ghost account reckoning amidst biometrics push

It is going down the same route as Vietnam, where a re-verification mandate shuttered millions of ghost accounts.

Citi streamlines ETF orders for APAC clients as regional assets hit $1.81t

Direct integration heightens efficiency as clients no longer need to reconcile on multiple and separate platforms.

CommBank names UNSW’s Mary-Anne Williams as chief AI strategist

Wiliams will lead CommBank’s team of AI scientists.

NAB refreshes app and internet banking

Around 98% of banking interactions in NAB are digital.

SMBC, Fujitsu and SoftBank build platform to slash $31b in health costs

They will create new businesses to streamline costs of prescriptions and treatments.

Built to last: How Japan is approaching the cross-border payments challenge

Japan is extending it until the reliability it has delivered domestically is matched by when a payment leaves borders.

CBA onboards FIS to streamline reconciliations

FIS is expected to process over 150 million transactions per day for CBA.

Nonbank finance, AI and war top APAC financial institutions’ risks in 2026

A protracted war could raise their credit losses by 25% or $180b, S&P warned.

Commonwealth Bank of Australia deploys agentic AI to detect scam patterns

It also creates new rules to intercept scams, approved by the bank’s fraud analytics team.

Over 2 in 3 APAC adults say financial scams are on the rise: LSEG

Australians are most concerned about scams whilst the Chinese are likeliest to lose money.