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DBS' new CEO Tan eyes 'bolt-on' acquisitions to bolster tech capabilities

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.

Finance 6month
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 7month
AI Around The World - TSMC Pumps More Money Into U.S. Operations

News of more investment from the top chip manufacturer is exciting for Americans - but how about international competitors?

AI hardware 7month
Palantir Technologies Inc. (PLTR) and TWG Global Launch Joint Venture to Transform AI in Financial Services

We recently compiled a list of the 12 AI Stocks Making Headlines: Latest News and Ratings. In this article, we are going to take a look at where Palantir Technologies Inc.

Enhancing Banking Security with Facial Recognition: A New Era in Customer Identification

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.

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