Banking Technology

CommBank deploys AI-powered bots to fight scams

CommBank deploys AI-powered bots to fight scams

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

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

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

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.
4 days ago

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.

AI to improve effectiveness of banks' ESG reporting: central banker

13 of 15 commercial banks have published sustainability reports, Pham said.

EastWest modernises retail and corporate operations with SaaS adoption

It expects to benefit the bank’s more than 3 million customers in the Philippines.

Citi launches AI tools for Hong Kong employees

One tool can summarise, compare, and translate multiple documents at the same time.

SMBs drive digital wallet boom across Asia

Eighty-two percent are already on board.

Indonesian banks reap returns from IT investments

Bank Mandiri’s digital fee income grew by double digits.

Cake Digital Bank’s facial biometrics clinches highest-level ISO certification

Its system verifies without need for interaction such as blinking or facial gestures.

Australia launches new license application portal

It has automatic pre-filling of application details.