Banking Technology
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.
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.
Maybank issues apology following digital and payment service disruption
Customers were temporarily unable to make online and retail payments on 5 April.
Malaysian authorities probing service outages in two local banks
The banks are required to give a full explanation of what led to the incidents.
PH-based Allbank and Salmon Group unveil QR PH-enabled payment solution
It eliminates the need to input details manually for traditional payments.
Empathy deficit erodes customers’ trust in banks
Customers who feel valued are willing to spend more for banking products.
Maybank inks MOU with fintech Doxa for supply chain financing
Services include digitisation of documents and other payment solutions.
Ransomware threats to banks escalate to 64%
Security breach costs trust for banks and customers.
Are ATM cash withdrawals making a comeback?
About 2 in 3 markets studied saw ATM withdrawals rise as inflation squeezes on income.
EXIM Thailand inks MOU with SINSOURE; to provide risk, investment support
It aims to facilitate market penetration for Thai and Chinese exporters.
Game changer: Gen AI can transform how banks tackle regulation and risk
Banks are advised to prepare a catalog of prod ready gen AI services and solutions.
China raises annual mobile payment limit of foreign visitors to $50,000
The single transaction limit has also been raised to $5,000.
Weekly Global News Wrap: BBVA sets up finance unit for clean tech; Wells Fargo sued for ‘fake accounts’ scandal
Top regulator calls for EU banks to improve risk management.
Malaysia, Cambodia float plans to link domestic payment systems
They are also aiming to eventually enable cross-border QR payments between the two countries.
Digital bank deposits to surpass $20t by end-2024
Convenience of remote banking has changed how people manage their money.
Australia’s central bank names first-ever COO
Susan Woods has served as Assistant Governor (Corporate Services) at RBA since 2018.
Visa reopens Singapore Innovtion Centre
Amongst those displayed is a pay-by-palm tech where you pay by scanning your palm.
PH’s Security Bank digitising its wealth management platform
The bank has partnered with Avaloq to automate and standardize the WM workflows.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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