Banking Technology
Singapore's banks leave more jobs unfilled as hiring slows
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.
AI to improve effectiveness of banks' ESG reporting: central banker
13 of 15 commercial banks have published sustainability reports, Pham said.
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.
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1. BofA: Firms want cross-border payments without tech headaches 2. Top companies are looking for top talent — they’re looking for CTPs 3. ANZ to lay off 3,500 staff, reduce services contractors engagement 4. Citi’s new Singapore head is first local to hold the position in 50 years 5. GXS Bank expands SME lending after Validus acquisitionResource Center
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