Banking Technology
BTN reinvents risk strategy as digital threats escalate
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.
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.
Standard Chartered names Yusuf Demiral as global head of WRB data, analytics, and AI
Demiral joins from HSBC.
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.
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