Banking stories
Earnings fell as lower margins squeezed Kiwibank, even though home loans and deposits climbed faster than those of bigger rivals.
Hundreds of users could be exposed to fake banking portals built from a low-cost template, as researchers linked 2,200 suspect domains.
Barclays, Citi, Deutsche Bank and Standard Chartered are using the model to improve cash-flow and FX forecasts, with accuracy above 93%.
Asia Pacific firms are reworking data systems to meet AI rules, as Cloudera unveils a hybrid platform aimed at keeping data in place.
Card networks and fintech groups are trying to set rules for AI-driven purchases before a projected USD $3 trillion market fragments.
Banks could use the new tool to give branch staff a fuller customer history, reducing repeated questions and improving advice on complex issues.
Banks face tighter scrutiny as Deutsche Bank's Google Cloud-backed system ties resilience tests to live operational data and audit records.
Banks and merchants face fresh fraud risks as the council's Kuala Lumpur meeting weighs how AI is changing payment security.
The funding will help the Mumbai-based lender software maker push AI across collections and lending workflows for banks and NBFCs.
The hire underscores rising pressure on IT services firms to turn AI pilots into measurable client gains as Sonata deepens its push into enterprise use.
Railway, banking and industrial contracts have lifted the Hyderabad-based group's order book by more than INR ₹111 crore in recent months.
Institutional clients in more than 100 countries can now trade an Australian dollar stablecoin as Macropod broadens AUDM beyond retail venues.
Digital onboarding now takes six to seven minutes at Frost Bank, as manual reviews dropped and customer acquisition improved.
Startups can now earn higher returns on idle balances as Mercury adds exclusive fund options from Morgan Stanley and State Street.
Banks could keep customers on their own apps more easily as Personetics and Plaid combine account data to flag savings and debt moves.
Banks can add stablecoin services without overhauling core systems under a new setup that keeps customer balances off-chain and controls in-house.
Banks and credit unions can now manage compliance for money services, gaming and other high-risk sectors in one system.
Nearly a million Malaysian firms took up AI in the past year, but most are still using basic tools rather than scaling them.
The subscription aims to woo Singapore's affluent customers with travel perks, investment discounts and bundled services worth more than S$10,000 a year.
Singapore customers shut out of premium banking may now buy access, as a S$899 annual membership bundles travel, investment and lifestyle perks.