Banking Technology
Malaysia fines BKRM following cybersecurity breach
Malaysia fines BKRM following cybersecurity breach
An external party gained unauthorised access to the bank’s IT infrastructure, the BNM said.
Westpac urges greater social media accountability as personalised fraud spikes
The bank noted a sharp rise in “Hi Mum” and business email or invoice scams.
Japanese banks bet billions on Indian finance, tech growth
GFTN is working with both sides on talent, technology, and market access.
Banks hit AI plateau as 80% see no bottom-line impact
Many lenders plateau after deploying isolated tools instead of full transformation, said McKinsey.
Financial institutions chase AI edge despite thin budgets
Almost 2 in 3 FIs allocate 10% or less of their tech budgets on AI.
Smartstream targets the mismatches banks overlook in reconciliation
It is investing in AI to remove risks, reduce costs, and make manpower more efficient.
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.
Commentary
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems