DBS Bank

Dover Corporation DOV announced that its subsidiary Innovative Control Systems, a brand of OPW Vehicle Wash Solutions, launched an AI-powered license-plate recognition (LPR) solution. This move will improve operational efficiency and satisfaction for Dover's customers.

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.

The software-as-a-service giant told the Post that DeepSeek has been a boon for its clients as it builds a platform for customised AI agents.

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.

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

In conclusion, Venkata Raja Ravi Kumar Gelle highlights that facial recognition adoption in banking marks a major shift toward smarter and safer financial services. With responsible implementation and continuous innovation, this technology can redefine customer interactions, setting new standards for security and service excellence.

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