Banking Technology
CBA partners with OpenAI for scam and fraud detection, personalised services
CBA partners with OpenAI for scam and fraud detection, personalised services
CBA employees will progressively get access to OpenAI’s AI tools.
13 minutes ago
How stablecoins may challenge the traditional payments’ status quo
Stabelcoin transaction volume has exceeded $27t per year, according to official data.
Security Bank modernises core systems to meet digital demand
The bank is investing in AI, cloud, and omnichannel platforms to future-proof its operations.
Financial institutions boost engagement with digital transformation
Banks focus on trust, transparency, and security in digital self-service.
Financial complaints surpass 100,000 in Australia in 2024-25
Banking and finance related complaints fell 9% on declining scam-related complaints.
CBA deploys AI bot army to disrupt and study scam attacks
Thousands of voice and message bots intercept scammers before they reach real customers.
Banks drop OTPs as fraud drives SNA adoption
66% of critical attacks now target the finance sector.
BTN reinvents risk strategy as digital threats escalate
It has cut fraud effort by 80% using AI.
Indonesia accelerates real-time payments
QR code payment volume rose almost 50% year on year.
Protecting against the mobile Trojan horse in your pocket
Scammers, and the criminal organisations they work for, will always look for and take advantage of flaws in mobile banking security.
Banks to participate in Australia’s tokenised asset settlement research
There will be 24 use cases explored in the project.
Krungthai Bank to perform ATM system maintenance
ATM and ATM+ services won’t be available on certain dates and times in July.
Stablecoins bill brings stricter oversight, opportunity to Hong Kong
The digital tokens could support cross-border payments and smart escrow.
Aussie banks welcome confirmation of payee system
It will check if the account names and numbers entered by the payer.
CommBank deploys AI-powered bots to fight scams
The bots engage scammers, gather intelligence, and disrupt scam operations, it said.
ANZ’s group executive for technology and group services is retiring
Gerard Florian will pursue a “non-executive career”, the statement said.
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.
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Asian Banking & Finance Fintech Awards 2025 Winner: Ei Thanda Hlaing of KBZ Bank
Ei Thanda Hlaing of KBZ Bank highlights how the KBZPay initiative has evolved into a platform that supports everyday digital living.
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Protecting against the mobile Trojan horse in your pocket