Banking Technology

Only 1 in 10 banks see AI returns despite $97b spend by 2027

Data fragmentation and governance uncertainty plague most AI adoptions.
2 days ago

APAC BaaS market to reach $5.3b as embedded finance surges 148%

Regional revenue is set to climb from $4.44b in 2025 to over $12b by 2031.

APAC digital banking market to hit $5.12t by 2033

Market Data Forecast projects a 9.43% CAGR through the next decade.

India’s ESAF Small Finance Bank modernises onboarding and lending

It expects to optimise IT costs and see lower licensing costs.

Macquarie Bank launches new AI-powered chat agent

It can answer common customers' questions and requests and escalate to a team member.

Siam Commercial Bank to perform maintenance on international fund transfers

SCB Easy App users will not be able to use the service during this period.

Digital transformation starts with leadership

When employees understand the “why” behind a change, digitalisation becomes a shared journey rather than a top-down mandate.

Banks pour into digital asset infrastructure, Sygnum says

Self custody could shift $300b off platforms by end 2026.

Ant International and Google to soon enable AI checkout in chat

The UCP establishes a common language for agents and systems to operate together.

MUFG deploys real-time anonymization across unstructured data

On-premises processing keeps MUFG data off external clouds

Agentic AI to reshape Asian banking, report says

Agentic and multiagent AI boost banking efficiency and cut costs.

Singapore banking sector adapts to AI, digitalisation in 2026

AI adoption, talent demand, and digital skills shape banking 2026.

Singapore keeps retail out of crypto for now

The central bank is unlikely to change its stance in the next two to three years.

CBA pays $525,000 in penalties for data sharing contraventions

Some customers may have been unable to share certain data to accredited recipients.