News
Banks must address fraud and usability gaps to unlock AI trust
Banks must address fraud and usability gaps to unlock AI trust
Consumers expect real-time scam protection and personalised tools with trust gap remaining high.
49 minutes ago
Southeast Asian banks lose funding efficiency as pricing remains fragmented
Data-led segmentation and pricing discipline can reduce leakage and improve funding cost outcomes.
2 hours ago
Why Thai finance firms push AI as human oversight limits automation
Executives say machines cannot make final calls without review in key processes.
2 hours ago
Banks waste AI spending without workflow redesign as only 10% see gains
Embedding AI into operations and simplifying processes is key to cost-income gains in banking.
4 hours ago
Thai insurers miss growth opportunity from concert goers
This is why Thai Setakij Insurance is looking beyond the standard travel-insurance model.
6 hours ago
Why banks must become gatekeepers or accept commodity status
Global banking revenue is growing, but non-bank challengers will capture 35% of it by 2030.
6 hours ago
DBS Bank taps Ascenda to boost rewards competition
Hong Kong launch begins 27 April as part of phased regional rollout.
7 hours ago
Bank of Singapore reshuffles advisory team amidst UHNW focus
Jiawen Guo will oversee the Singapore based wealth advisory group.
7 hours ago
SMBC launches transaction banking brand SMBC Connect
The Japanese megabank is revamping its TB and especially its cash management services.
1 day ago
Japan Post Bank flags $27.07b securities losses for FY2026
It does not expect the losses to have any impact on its earnings or annual dividend.
1 day ago
JPMorgan and Houlihan Lokey are top M&A financial advisers in Q1: GlobalData
JPMorgan advised $24.7b in deals whilst Houlihan Lokey advised 19 deals.
1 day ago
Green SM Laos onboards Umoney e-wallet to payments
The two will develop digital and financial payment solutions for Green SM drivers.
1 day ago
Union Bank of the Philippines’ net income doubles to $62.69m in Q1
It noted some trading losses associated with the Iran conflict, however.
1 day ago
Bank Mandiri Q1 profit up 16.6% as Agrinas drives loan growth
The bank is prioritising asset quality and underwriting discipline, leading to slower retail loan growth.
1 day ago
FWD Macau taps Banco Well Link for bancassurance partnership
The offer includes insurance services for high-net-worth individuals.
1 day ago
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.
4 days ago
Citi forms new investor group to replace asset managers cluster
Vikram Chavali will continue to lead FSI for JANA and Asia South.
4 days ago
Commentary
Perth is emerging as an unlikely testbed for the future of global finance
Buy now, worry later: The hidden cost of BNPL
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention