Banking Technology

Generative AI’s role in the evolution of banking

Generative AI presents a significant revenue opportunity for banks, not just as a cost-saving tool. 
23 minutes ago

Generative AI’s role in the evolution of banking

Generative AI presents a significant revenue opportunity for banks, not just as a cost-saving tool. 
23 minutes ago

National Australia Bank, Banked eyes boosting A2A payment adoption

Their tech enables Australian merchants to send PayTo Agreements to customers.
3 hours ago

India’s ICICI enables non-resident Indian customers to make UPI payments

The service is available through the iMobile Pay app.
4 hours ago

Why tech is not the focal point of banks’ digital transformations

About 70% of digital transformations fail, an industry expert warned.
1 day ago

Olea, Standard Chartered forge alliance to empower SMEs

The alliance signals a proactive effort to support SMEs by leveraging digital innovation and financial services.
1 day ago

BOCHK warns against remittance phishing email

The email reportedly intends to steal customers’ data.
2 days ago

FNZ, abrdn launch digital wealth platform in Singapore

The firms’ platform have over $90b assets administered in the UK.
5 days ago

ABF Wholesale Banking Awards 2023 Winner: CIMB Bank Berhad

Head of Commercial Banking at CIMB Singapore, Benjamin Tan, shares insights on CIMB Bank Berhad's triumph at the ABF Retail Banking Awards 2023...

Standard Chartered launches open banking marketplace with over 100 APIs

Clients can discover, identify, and test APIs in a sandbox environment.

Maybank Singapore unveils online investment service for as low as S$200

From now until 30 June, the sales charge for the first $2,000 will be waived.

BaaS providers revenues to more than double by 2028

The BaaS space has generated $36.4b in revenue as of 2024.

India floats regulations for non-bank POS payment aggregators

They are required to apply authorisation from the RBI by May 2025.

Why tokenization and funding are two key issues for financial disruptors in 2024

HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.

Superapps to help drive BNPL userbase to 670 million by 2028

Superapps like WeChat and Grab are adopting and offering BNPL services to users.

APAC payments gateway market to rise 30% as cashless economy expands

The market is expected to grow by over 11% between 2023-2027.

Trading platform Banxso secures Australian license

It will offer real-time data, analytics tools, and educational resources.

Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future

Financial organisations lean on AI to unravel complex issues, a shift propelled by an exponential rise in big and alternative data sources.