Banking Technology
Citi streamlines ETF orders for APAC clients as regional assets hit $1.81t
Citi streamlines ETF orders for APAC clients as regional assets hit $1.81t
Direct integration heightens efficiency as clients no longer need to reconcile on multiple and separate platforms.
CommBank names UNSW’s Mary-Anne Williams as chief AI strategist
Wiliams will lead CommBank’s team of AI scientists.
NAB refreshes app and internet banking
Around 98% of banking interactions in NAB are digital.
SMBC, Fujitsu and SoftBank build platform to slash $31b in health costs
They will create new businesses to streamline costs of prescriptions and treatments.
Built to last: How Japan is approaching the cross-border payments challenge
Japan is extending it until the reliability it has delivered domestically is matched by when a payment leaves borders.
CBA onboards FIS to streamline reconciliations
FIS is expected to process over 150 million transactions per day for CBA.
Nonbank finance, AI and war top APAC financial institutions’ risks in 2026
A protracted war could raise their credit losses by 25% or $180b, S&P warned.
Commonwealth Bank of Australia deploys agentic AI to detect scam patterns
It also creates new rules to intercept scams, approved by the bank’s fraud analytics team.
Over 2 in 3 APAC adults say financial scams are on the rise: LSEG
Australians are most concerned about scams whilst the Chinese are likeliest to lose money.
CIMB Niaga launches two AI agents for bank staff
The agents will assist financial planning staff and service teams.
Standard Chartered unveils first-ever Global Fusion Centre in Malaysia
It is located in the bank’s Global Business Services hub.
Malaysia fines BKRM following cybersecurity breach
An external party gained unauthorised access to the bank’s IT infrastructure, the BNM said.
Westpac urges greater social media accountability as personalised fraud spikes
The bank noted a sharp rise in “Hi Mum” and business email or invoice scams.
Japanese banks bet billions on Indian finance, tech growth
GFTN is working with both sides on talent, technology, and market access.
Banks hit AI plateau as 80% see no bottom-line impact
Many lenders plateau after deploying isolated tools instead of full transformation, said McKinsey.
Financial institutions chase AI edge despite thin budgets
Almost 2 in 3 FIs allocate 10% or less of their tech budgets on AI.
Smartstream targets the mismatches banks overlook in reconciliation
It is investing in AI to remove risks, reduce costs, and make manpower more efficient.
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