ABF IA Summit
Stay updated on the happenings at the Asian Banking & Finance and Insurance Asia Summit.
Nine in 10 investors do not trust AI for investment decisions
Nine in 10 investors do not trust AI for investment decisions
Banks can respond by moving toward a hybrid advisory model.
5 days ago
Industrialising AI pilots is insurers’ next enterprise test
Prudentials Mohit Tandon said usage is now the million-dollar question.
Digital banks bet on AI to unlock outsized ROI
However, AI is everywhere except in ROIs.
Human oversight remains central as insurers adopt agentic AI: valantic
Agentic AI handles verification and analysis whilst people make final decisions.
Travel trends reshape banks' payment strategies: Euromonitor
AI and experiences are changing how lenders compete for travel spending.
AI shifting how wealth management solutions are built and delivered at scale
DBS aims to reduce time spent on preparing investment insights from hours to minutes using agentic AI.
Asia insurers risk irrelevance as protection gaps widen
An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.
Banks urged to turn pricing into a strategic growth lever
A consultant says data-driven pricing can boost revenue and lower funding costs without sacrificing volume.
AI governance failures threaten banks’ returns
95% of GenAI spend has no outcome as organisations remain in the early stages of adoption.
Insurers chase AI gains as workers fear job losses
Ninety-two million jobs may be displaced by AI by 2030.
Trust Bank taps ecosystem to fuel digital banking growth
The digital lender credits partnerships, not just tech, for its scale to one million customers in under four years
Organised crime forces banks to rethink fraud prevention
Industry leaders say collaboration is key to combating organised financial crime.
AI oversight gains urgency as deepfake scams surge 2,000%
Ashwini Karandikar urged firms to map every point where AI influences risk-bearing decisions this year.
DBS, HSBC, AIA and more convene at ABF IA Summit Singapore on 1 July
Leading voices from the banking and insurance industries will meet at Andaz Singapore to discuss trust, transformation, and AI.
Insurance growth strains trust at claims stage
Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
Indonesia's financial sector urged to shift from expansion to resilience
The country’s 5% growth is no longer a green light for risk-taking, an economist warns.
Banks and insurers must chase AI value creation, not cost savings
They should consider AI as an operating system by itself, not whether it can write them a system.
Commentary
Why expanding embedded insurance is Asian telcos’ next differentiator