Information Technology

Commonwealth Bank of Australia deploys agentic AI to detect scam patterns

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.
6 days ago

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.

APAC banks' data sharing outpaces global average but fragments access

Korea and India offer widest datasets whilst Indonesia restricts scope.

Malaysia fines BKRM following cybersecurity breach

An external party gained unauthorised access to the bank’s IT infrastructure, the BNM said.

Banks face budget squeeze from AI and legacy systems

Corporate IT allocations are projected to keep climbing through 2027.

Mastercard partners to launch cyber shield for SMEs and public sector

Partnership merges Recorded Future with WAF to guard against Shadow IT threats.

Banking phishing drove 23% of employee clicks

Netskope said phishing campaigns now rely on counterfeit login pages.

AI trust gap threatens banks’ responsible adoption

Financial institutions confront rising risks from untested and opaque AI systems.

GenAI pressures overhaul banks’ data foundations

Financial firms race to strengthen data quality and governance.

AI disruption accelerates Southeast Asia’s telecom shift

Regional telcos turn to AI to boost efficiency and revenue.

Standard Chartered filters AI through business-first lens

Clear objectives and disciplined architecture are essential to scaling responsible AI.

NAB’s Ubank expands Passkeys feature to online banking

The digital bank now enables fingerprint or facial recognition logins online.

How Gen AI is transforming banks’ financial advice, risk, and operations

Gen AI can be used to reimagine distribution, improve financial advise, and transform risk management.

PH financial sector targeted by Chinese-linked cyber group: report

The group relies on financial-themed phishing lures.

CBA named best in APAC for AI maturity

The bank was first on talent development and responsible AI leadership, the index said.

BPI digital platforms unavailable on 4 October 2025

System integration will take place from 8AM to 6PM.

Banks expand cyber defenses with penetration tests, team drills

Asia outpaces other regions in cybersecurity leaders reporting to CEOs.