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DBS Group's incoming CEO Tan Su Shan is eyeing "bolt-on" acquisitions that align with the Singaporean lender's digital and AI-driven priorities, while focusing on boosting high-return businesses such as wealth and transaction banking.
Huntington Bancshares Inc., Fifth Third Bancorp and Valley National Bancorp are among regional US lenders that use artificial intelligence tools to scrape customer data, helping them personalize deposit offerings as competition for customers' money intensifies.
The People's Bank of China (PBC), the central bank, held a meeting to reinforce its technological work in 2025, vowing to promote the applications of artificial intelligence (AI) large language models and related technologies in the financial sector to accelerate the process of financial digitalization.
The industry increased its hiring of governance and ethical use professionals last year, according to Evident Insights.
By leveraging AI analytics, financial institutions can gain deeper insights into customer behaviour and preferences, enabling them to offer tailored solutions such as personalised loans
AT the Philippine Global AI Council's 'State of the Nation in AI (Sonai)' congress, Union Bank of the Philippines (UnionBank) showcased its leadership in AI-driven innovation to enhance customer experience,
DBS Bank to cut 10% workforce in 3 years as AI takes over key operations, with CEO Piyush Gupta outlining the impact of automation on banking jobs
It's been a year since clever crooks tricked a staff member of a design firm into joining a video call with deep fake versions of the company's CFO and other executives—a call that was so convincing that the employee wired a series of payments totaling over $25 million.