Banking Technology
Dah Sing Bank warns against seven fraudulent websites
Dah Sing Bank warns against seven fraudulent websites
Customers are reminded to check the URL and look for a secure padlock icon.
1 day ago
Banks should refine AI safeguards on rising complexity and exposure: McKinsey
Having just one committee to oversee all gen AI applications is not a good fit.
Boost Bank targets micro SMEs amidst regulatory, inclusion pressure
The digital bank builds on ecosystem strengths to serve high-risk businesses.
BofA’s AI virtual assistant Erica halves IT service desk calls
It plans to incorporate gen AI in Erica for coding assistance and report synthesis.
India’s Axis Bank unveils in-app mobile OTP feature
Instead of text messages, clients can get their OTPs via their app.
1 in 3 Indonesians blame banks for scam losses: study
Indonesians generally do not expect refunds but do expect protection, FICO found.
Security Bank enhances eKYC process in digital app
It has included enhanced fraud detection capabilities, including deepfake prevention.
CommBank establishes tech hub in Seattle
The first cohort focuses on learning to fast track adoption of agentic AI and gen AI solutions.
Philippine central bank eyes AI rules for banks
Artificial intelligence should not diminish banks’ responsibility to uphold data privacy.
BNP Paribas names Marc Camus as chief information officer
Camus will oversee the bank’s IT strategy and IT System security.
Singapore’s financial sector turns to contract hiring for cost control
Hiring processes have become lengthier as employers consider cultural fit and regulatory compliance.
Digital players steal market share from traditional banks
Value migration and AI-driven changes pose challenges for financial institutions.
RCBC boosts rural presence with ATM Go
The service, which allows cardless transfers, is now available in all Philippine cities.
Rising compliance costs threaten cloud savings for banks
Southeast Asia’s cloud adoption grows, but rising compliance costs may negate savings, especially for smaller firms.
StanChart champions ISO 20022 XML for seamless cash reconciliation
It reduces the need for banks to manually intervene in the process, the bank said.
SCB, GLN launch cardless ATM withdrawals for Korean tourists in Thailand
Tourists just need to scan a QR code via their app.
Digital bank platform ANZ Plus reaches 1 million customers
Over half (55%) consider it their main bank account.
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Cards & Payments
Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
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The Asian connection: China's path to sustainable growth