Banking stories - Page 16

Hong Leong Finance's HLF Digital app has topped SGD $1 billion in transactions since August, boosting fixed deposits and customer engagement.

Saudi fintech HALA has raised USD $157 million to expand SME services, launch new lending products, and support Vision 2030's economic goals.

Success with AI in Asia Pacific and Japan requires clear strategy, skilled talent, and strong partnerships, according to Dell Technologies.

Cloudhouse unveils Alchemy APS, enabling banks to swiftly modernise by packaging applications independently from legacy infrastructure, cutting costs and risks.

Pure Storage has been named a Leader in Gartner's 2025 Magic Quadrant for Enterprise Storage Platforms for the twelfth year running.

Appian has been named a Leader in the IDC MarketScape for business automation, praised for its AI-driven platform which enhances operational efficiency.

Ecommpay expands Asian payment methods, enabling merchants to tap into the USD $23.8 trillion Asia-Pacific digital payments boom by 2032.

A browser flaw risks hijacking passkey authentication, threatening access to banking, shopping and SaaS accounts despite passkeys' security promise.

LegitScript has launched automated Global Business Identity Check and U.S. TIN Verification to speed and improve merchant onboarding worldwide.

Bangkok Bank has extended its deal with New Relic to enhance its digital banking app, boosting system uptime by 90% and improving customer experience.

Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.

Retail leads AI satisfaction in EMEA with 96% success rate, while healthcare outspends all sectors but faces challenges, says Lenovo's CIO Playbook 2025 study.

Cyberattacks on the financial sector have surged 25% in 2024, with phishing leading and nearly half of employees prone to clicking malicious links.

AI-driven referrals to US retail, travel, and banking sites have surged over tenfold since July 2024, reshaping online shopping and boosting engagement.

Over 74% of Asia Pacific youth prefer digital apps for remittances, valuing speed and trust over fees, reveals Visa's report covering 20 countries.

Techcombank has reappointed Dr Jens Lottner as CEO from 2025 to 2030, recognising his leadership in driving growth and digital transformation.

CelcomDigi has launched MobileSHIELD, an AI-powered app offering protection against scams, malware, and identity leaks for MYR RM10 monthly in Malaysia.

Nutanix has been named a Challenger in the 2025 Gartner Magic Quadrant for Container Management after launching its Nutanix Kubernetes Platform last year.

AI adoption in Australia and New Zealand surges, with 21% noting gains despite a skills shortage delaying digital transformation and product development.

Cloudera upgrades its AI services to enable secure, GPU-accelerated generative AI apps within enterprise data centres, enhancing control and reducing costs.