Banking Technology
Banks hit AI plateau as 80% see no bottom-line impact
Banks hit AI plateau as 80% see no bottom-line impact
Many lenders plateau after deploying isolated tools instead of full transformation, said McKinsey.
6 days ago
Financial institutions chase AI edge despite thin budgets
Almost 2 in 3 FIs allocate 10% or less of their tech budgets on AI.
Landbank touts digital-led financial inclusion as app logs 1 million new users
Its digital channels reportedly processed 800 million transactions in 2025.
Filipinos’ digital take-up rises as they seek more money savings: NielsenIQ PH
Over 7 in 10 have used e-wallets, a study found.
CIMB net profit edges up 1.7% to $2.03b in 2025
Profit before tax increased to 2.7%.
Welcome Bank (Rural Bank) unveil e-signature and e-KYC services in loan apps
It eliminates the need for scheduled video calls or a hybrid application process.
Why Asian banks struggle to embed AI in compliance
Institutions cite fragmented infrastructure, manual workflows and skills gaps as barriers.
CIMB tests tokenised sukuk under Malaysia’s digital asset hub
It will evaluate bank-grade tokenisation across issuance, payment, and settlement.
Maybank pilots tokenised ringgit for cross-border payments
The bank aims to pioneer a range of tokenised assets, from Islamic finance to wealth products.
Half of APAC banks hit KYC backlog as manual systems fail
In Singapore, nine institutions were fined a combined $21m for anti-money laundering failures.
ANZ rolls out agentic AI CRM tool that will save bankers 1 month of time
The new CRM consolidates data from 20 different platforms.
Only 1 in 10 banks see AI returns despite $97b spend by 2027
Data fragmentation and governance uncertainty plague most AI adoptions.
APAC BaaS market to reach $5.3b as embedded finance surges 148%
Regional revenue is set to climb from $4.44b in 2025 to over $12b by 2031.
APAC digital banking market to hit $5.12t by 2033
Market Data Forecast projects a 9.43% CAGR through the next decade.
India’s ESAF Small Finance Bank modernises onboarding and lending
It expects to optimise IT costs and see lower licensing costs.
Macquarie Bank launches new AI-powered chat agent
It can answer common customers' questions and requests and escalate to a team member.
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Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
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