For most banks, more than 90% of transaction-monitoring alerts can turn out to be false positives, according to McKinsey. eKYC and AML AI solutions can …
November 6, 2026
For most banks, more than 90% of transaction-monitoring alerts can turn out to be false positives, according to McKinsey. eKYC and AML AI solutions can …
Successful core banking transformations can generate value within 12 to 24 months, according to McKinsey’s 2026 core banking analysis. AI in core banking modernization can …
AI is moving deeper into banking operations across Asia-Pacific. McKinsey estimates that end-to-end operations represent 60% to 70% of a bank’s cost base. McKinsey’s analysis …
From October to December 2024, Singapore recorded at least 656 reports involving phished card credentials added to mobile wallets, with losses of at least S$1.2 …
AI-enabled financial fraud is becoming harder to stop with static controls alone. INTERPOL’s 2026 Global Financial Fraud Threat Assessment found AI-enhanced fraud can be 4.5 …
Deloitte’s 2026 enterprise AI infrastructure survey found that 36% of 515 US decision-makers had scaled AI at the edge. By 2028, 72% expect to reach …
In AI at work but not at scale report, published in December 2025, McKinsey found that 88% of surveyed organizations used AI. Yet only 7% …
According to IDC’s 2026 AI MaturityScape Benchmark, only 3.1% of organizations have reached its optimized AI maturity stage. Computer vision development services face the same …