Banking Technology
Multiagent systems as key to AI-first banking: analysts
Multiagent systems as key to AI-first banking: analysts
If implemented well, banks can see up to 60% productivity gains from credit analysts.
IT leaders told to prioritise basic strategies to unlock AI potential: report
Around 70% of companies have implemented formal data strategies for their IT locations.
SCB’s Mae Manee app temporarily available on Dec 13-14
It will be down from December 13, 11PM to December 14, 5AM
Ant International joins SWIFT program exploring cross-border treasury mgmt
The program explores business scenarios on cross-border end-to-end transactions.
PH central bank completes proof-of-concept test for wholesale CBDC
Project Agila enabled banks to transfer funds during off-business hours.
SG banks see over 1,800 cyberattacks weekly in past six months
The financial sector ranks as the third most targeted industry.
HDFC Bank teams up with Pennant to offer quicker loan processing
HDFC will be able to quickly launch new loan products, amongst others.
Deutsche Bank unveils Merchant Solutions in Australia, India, Indonesia, and SoKor
It is a global payment acceptance platform that gives access to local payment methods in a market.
Global body eyes broader use of unique ID by SMEs
Cross-border payments, supply chain and trade, and ESG will drive greater adoption.
Financial crimes to continue to squeeze bank profits
More sophisticated crooks and stricter rules are expected to increase compliance costs.
Patents for 3D secure transactions nearly double in 2023
Payment entities are looking to strengthen their security to combat online threats.
Authorised payment scams rise as a major fraud trend
E-commerce, phishing, job scams dominate reported fraud cases.
Private fund tokens may be the future of investing
Kinexys seeks to keep a token’s sensitive financial information from prying eyes.
Few banks capture tech spending benefits: report
Global tech spending on banking hit $650b in 2023, but few benefitted.
India’s central bank warns against deepfake videos involving governor
The videos claim that its governor supports investment schemes.
Fragmented systems hinder tech adoption in wealth management
Outdated technology limits wealth managers' services.
Cross-Border transactions complicate AML compliance for businesses
AI tools used to streamline AML processes and reduce false positives.
Thought Leadership Centre
Most Read
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
Read Here
Advertise
Sign Up
Event News
Discover how interconnected data centres are enabling banks to accelerate innovation, strengthen compliance, and achieve sustainable growth.
Commentary
Electronic trading proves its strength in times of volatility
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how