Artificial intelligence

Cross-Border transactions complicate AML compliance for businesses

AI tools used to streamline AML processes and reduce false positives.  

AI drives 1500% growth in deepfake fraud across APAC

Sumsub integrates AI tools to combat deepfake threats and fraud networks. 

Hong Leong Bank blends digital innovation with human touch

Digital-first transformation used to meet modern customer demands.  

Mobile banking threats grow with advanced AI tactics

AI powers mobile banking defence against rising cyber threats.

Poor preparation hinders AI’s potential in financial services

Readiness and governance are the key to success in AI adoption.

GienTech targets AI-driven banking solutions amidst rising demand

GienTech responds to surging demand for secure, AI-based tech in finance.

Bpifrance embraces selective approach to Gen AI adoption

Banks advised to be cautious in approaching generative AI investments.

AI and data uplift drive Prudential’s tech strategy

Cloud, AI, and data are driving Prudential’s tech-led evolution.

Hong Kong tells financial firms to adopt “risk-based” approach to AI adoption

The government will adopt a dual-track approach that considers risk.

Swift to launch AI fraud detection service in 2025

Global fraud in financial services is estimated to have cost $485b in 2023.

Banks expand AI adoption amidst governance challenges

AI adoption in banking is increasing, but leaders emphasise careful deployment.

Companies urged to implement AI with focused use cases

Careful assessment and governance is the key.

Siam Commercial Bank teams up with Databricks for data, AI transformation

It is expected to help SCB personalise and manage AI services for its customers.