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AI raises bank fraud risks as Australia faces control gaps

AUSTRAC has found potentially hundreds of millions of dollars in fraudulent loans.
6 days ago

Robot takes over safe deposit access at Shanghai Commercial Bank

It serves more than 1,600 boxes at Kennedy Town branch.

DBS Indonesia launches SGD portfolio service for wealthy clients

Mandiri Investasi will manage funds across bonds, equities, and gold.

OCBC Hong Kong builds executive coaching pool for staff

The bank targets 100 certified coaches across the group by end-2027.

CIMB simplifies first-car financing

The programme includes road tax, total vehicle loss protection, and Takaful.

PvX pushes revenue-based lending for consumer apps

AI-driven competition is expected to increase demand for marketing capital.

OCBC widens digital wealth access

Mobile banking is bringing investment services to more Indonesians.

Western Union rewrites remittance playbook

Dash acquisition supports lending, payments, and other consumer services.

Singapore banks test way to free up lending capacity

Most Southeast Asian lenders have little need to follow, says S&P Global.

Citi expands AI rollout to Indonesia

The bank says 80% of employees globally have adopted its AI tools.

Stablecoins move into payment infrastructure

Visa says trust remains key to adoption.

BofA sees treasury roles shifting toward strategic advisory

Clients are holding more liquidity in Singapore amid uncertainty.

Chinese SMEs expand into ASEAN through digital-first model

Consumer goods, digital solutions, and logistics are driving outbound expansion.

IPOs spur Hong Kong bank hiring rebound

Workforce across 15 lenders fell 0.73% to 74,376 in 2025.

Singapore banks stretch hiring as caution deepens

Headcount across 15 lenders rose just 0.005% in 2025.

How are banks strengthening buffers against oil price shocks?

China-based banks will likely bear the largest impact.