India has an estimated 18 crore low-literate people who struggle to read and write even in their native languages. With smartphone penetration crossing 650 million and regional content consumption skyrocketing, banks, startups, and government organisations are racing to bridge this divide by leveraging voice-based technology and Artificial Intelligence (AI). Earlier, we would pay EMIs in
One million Australians will soon be internet banking without a password. ANZ Bank is scrapping the security feature for ANZ Plus customers as it rolls out internet banking to them within months and replacing password protection with two other methods, the bank revealed on Thursday. ANZ Plus is already a totally digital banking service launched
Lloyds Banking Group Q1 2025 earnings expectations Lloyds Banking Group is scheduled to announce its first-quarter 2025 earnings on Thursday, 1 May 2025, at 7:00 AM BST. Following the release, Chief Financial Officer William Chalmers will host a webcast presentation at 9:30 AM BST to provide additional context and answer analyst questions. Analysts anticipate Lloyds to
In an era where banking apps and automated services have become the norm, Sarah R. Harris, president and CEO of the Black Business Association (BBA), stands firm in her conviction that there’s something irreplaceable about walking into a bank and shaking someone’s hand. “It is vitally important to go in the bank,” she insists, her
Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. getty In this article, I want to explore AI applications in fraud detection within banking. AI significantly enhances fraud detection by reducing false positives and identifying complex fraud patterns in real time.
British multinational bank Standard Chartered is saying that Bitcoin (BTC) could hit a new all-time high over the coming weeks, according to a new report. Standard Chartered’s head of digital assets research, Geoffrey Kendrick, sees Bitcoin appreciating by around 26% from the current level and reaching a price of $120,000 before the end of Q2
Corporate and investment banking (CIB) revenues across the Gulf Cooperation Council (GCC) region have expanded to more than $50 billion over the last few years. Between 2021 and 2024, revenues surged by around 14% annually, more than double the region’s historical CAGR of around 6%, bringing total CIB revenues to between $55 billion and $65
In a quiet neighbourhood outside Dhaka, Nasima slips a crisp 1,000 taka note into a small envelope she keeps tucked in a book. It’s her savings from last month’s embroidery orders. The money isn’t much, but it’s more than a number—it’s a measure of her independence. Like thousands of women across Bangladesh, Nasima doesn’t just
Industry pioneer redefines what a banking platform is in the era of AI, and delivers both the technology and talent to drive remarkable growth Backbase CEO & Founder Jouk Pleiter Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that
The Daily Star (TDS): Could you provide an overview of the current savings situation at your bank? Md. Rafat Ullah Khan (MRUK): Al-Arafah Islami Bank has established a strong reputation for consistently mobilising deposits across a wide range of customer segments, reflecting not only financial strength but also deep-rooted public trust. This trust has been