Banking Technology
Protecting against the mobile Trojan horse in your pocket
Protecting against the mobile Trojan horse in your pocket
Scammers, and the criminal organisations they work for, will always look for and take advantage of flaws in mobile banking security.
Banks to participate in Australia’s tokenised asset settlement research
There will be 24 use cases explored in the project.
Krungthai Bank to perform ATM system maintenance
ATM and ATM+ services won’t be available on certain dates and times in July.
Stablecoins bill brings stricter oversight, opportunity to Hong Kong
The digital tokens could support cross-border payments and smart escrow.
Aussie banks welcome confirmation of payee system
It will check if the account names and numbers entered by the payer.
CommBank deploys AI-powered bots to fight scams
The bots engage scammers, gather intelligence, and disrupt scam operations, it said.
ANZ’s group executive for technology and group services is retiring
Gerard Florian will pursue a “non-executive career”, the statement said.
Malaysia’s digital banks face costlier and slower-than-expected loan growth
They may temper deposit-gathering efforts as a result, a positive for incumbents.
Singapore's banks leave more jobs unfilled as hiring slows
For every two people who resign, only one post gets replaced.
Citi to slash 3,500 jobs in China
Layoffs will affect its global tech solution centres in Shanghai and Dalian.
Lloyds, BNP Paribas launch new FX algorithmic execution service
Clients are expected to execute large FX trades more efficiently.
Standard Chartered names Yusuf Demiral as global head of WRB data, analytics, and AI
Demiral joins from HSBC.
Visa launches AI-powered commerce initiative
It is working with Ant Int’l, Grab, and Tencent to enable an AI-powered checkout experience.
Gen Zers spur banking reinvention
Young consumers are changing financial norms and expectations.
SMFG to merge cloud service Sustana in business partner Asuene’s products
Sustana provides the Japanese bank’s clients calculations of GHG emissions.
AI to improve effectiveness of banks' ESG reporting: central banker
13 of 15 commercial banks have published sustainability reports, Pham said.
EastWest modernises retail and corporate operations with SaaS adoption
It expects to benefit the bank’s more than 3 million customers in the Philippines.
Commentary
The stablecoin conversation is missing the everyday user
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how
Why digital assets are set to become mainstream in APAC
Bitcoin’s latest hacks expose where trust really sits in Asia
Singapore's next payments opportunity
DIFC's reforms open new doors for Asian businesses: Is yours ready?
Why Asia’s private wealth industry requires a new era of governance