Retail Banking

CommBank tests AI banking assistant in app pilot

CommBank tests AI banking assistant in app pilot

CommBank Companion will use live data to deliver financial info to customers.

Philippines to tighten oversight of pawnshops and NBFIs

The council is also working to improve its monitoring of risks and interlinkages in the system.

PNB cuts batch processing by 75% after two-year core banking over

This frees IT teams from late-night monitoring and troubleshooting.

More than half of Filipinos have financial accounts but few hold bank accounts

Lack of money and unemployment were amongst the biggest barriers to opening a bank account.

MAS backs Singapore's finance edge as global risks deepen

MAS’ new circular aims to reduce private bank account opening to just one month.

Japan Post Bank net income surges 26.8% to $3.31b on interest and fee gains

Net interest income and net fees and commission rose in FY2026/3.

Philippine banks face ghost account reckoning amidst biometrics push

It is going down the same route as Vietnam, where a re-verification mandate shuttered millions of ghost accounts.

Higher provisions to squeeze Indonesia bank profits as geopolitical risks mount

An expectd 5% GDP growth should support an 8% to 9% loan expansion in 2026, said Fitch Ratings.

SMBC and Toshiba build quantum-driven Japan and US equity indices

Stocks will be chosen and weighted using Toshiba’s quantum computer.

Westpac lends A$1b to 2,100 women entrepreneurs over 3 years

Women-led businesses are starting and scaling up across Australia, said Westpac’s Paul Fowler.

NAB refreshes app and internet banking

Around 98% of banking interactions in NAB are digital.

Philippine banks face slower loans and rising credit costs in 2026

The Middle East war and an earlier graft scandal is weighing on loan demand, says CreditSights.

Mizuho Bank to become major shareholder of Rakuten Bank

Rakuten Bank may acquire corporate loans originated by Mizuho Bank, amongst others.

Australia rate hikes may slow lending at major banks

Refinancing activity could rise as borrowers search for cheaper mortgages.

UnionBank enables real-time cash deposits at 2,100 ECPay kiosks

The 2,100 ECPay kiosks can deposit up to $161 per transaction.

Mizuho clarifies ‘no decision yet’ on Rakuten Bank investment

Rakuten Bank said that Mizuho “has not made any decision” regarding the investment.