Banking Technology
Gen Zers spur banking reinvention
Gen Zers spur banking reinvention
Young consumers are changing financial norms and expectations.
2 days ago
SMFG to merge cloud service Sustana in business partner Asuene’s products
Sustana provides the Japanese bank’s clients calculations of GHG emissions.
5 days ago
AI to improve effectiveness of banks' ESG reporting: central banker
13 of 15 commercial banks have published sustainability reports, Pham said.
6 days ago
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.
Aussie banks launch digital locks versus online fraud
Cybercriminals now use AI and deepfakes to scam people.
Bangkok Bank connects with China’s fund transfer network
This is expected to reduce transaction times and costs for export-import businesses.
ANZ Bank set to unveil password-less web banking in mid-2025
Authentication will be done through biometrics or log-in request app approval.
APAC banks slow to update decision rules: survey
Just 27% of banks report frequent use of simulation tools.
Gen Z needs to get the right info in a snap
AI can help financial institutions’ marketing teams get the job done.
UOB inks MOU with Accenture for AI adoption and application
UOB will also upskill its employees.
Financial services, insurance lose $2.2m per hour from outages: study
The value they lose is 16% higher than the average across all industries.
Open banking users to rise threefold through 2029
It is estimated that there are 183 million open banking users in 2025.
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1. Deutsche Bank partners with finaXai on token fund servicing 2. HSBC cuts dozens of analyst jobs in investment banking overhaul: report 3. Malaysia fines Maybank Islamic for info submission lapses 4. HSBC Malaysia penalized $690,000 for customer screening non-compliance 5. OCBC names Elaine Heng as head of global commercial bankingResource Center
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Young consumers are changing financial norms and expectations.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?