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AI in BFSI - Readiness, Risk and Rewards

AI is transforming BFSI with enhanced efficiency, risk assessment, and financial inclusion. However, managing bias, security, and regulations is crucial. A balanced approach with automation and human oversight will shape AI's future.

Huntington among banks using AI to help lure customer deposits

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.

China's central bank vows to promote applications of AI large language models

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.

CommBank Expands AI Partnership With Anthropic

Commonwealth Bank of Australia (CBA) today announced an expanded strategic partnership and investment in artificial intelligence (AI) safety and

Blockchain 5month
Brunei focuses on national security, AI and economy

Minister at the Prime Minister's Office and Minister of Defence II Major General (Rtd) Datuk Paduka Seri Awang Halbi Mohd Yussof emphasised that the Prime Minister's Office (PMO) and its agencies have formulated various strategies to preserve political stability and defend national sovereignty.

Cybersecurity 5month
Indosat Ooredoo Hutchison claims AI-RAN first for Southeast Asia

Collaboration between operator, tech provider and artificial intelligence leader looks to accelerate innovation and commercialisation across the globe with AI in radio access network.

AI hardware 5month
Redefining banking, finance via innovative communication

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

As the US moves towards open banking, cloud technology is driving AI innovation

The US is going all-in on AI, with spending projected to hit a massive $120 billion by the end of 2025, a 26% annual gro