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Hacks will continue because of loose or zero regulatory oversight over the lopsided interests of buyers and sellers, says one expert.

AI-powered cyberattacks, crypto cloud mining and manipulated data are just some of the methods that cybercriminals will use against us.

These Central Bank Digital Currencies (CBDCs) can foster financial inclusion and modernize the global payments ecosystem, with concept testing already underway. With the global economy racing to embrace digital payments, the central banks of various countries are also investigating ways to support innovation while maintaining monetary policy and financial stability when issuing and distributing currency.

With digital banking making wanes in the region, how do we combat money laundering and other financial crimes? The COVID-19 pandemic is giving criminals plenty of new opportunities to commit financial crime and launder the proceeds. The proliferation of online fraud and financial crimes results from several key factors:

By launching a one-stop digital channel and mobile app to catch the wave, the bank hopes to stay relevant and user-friendly. As the popularity of investing via digital channels grows, consumers want an easier and faster way to move their money to and from their bank accounts. At the moment, we usually need to switch between the mobile apps of various banks to juggle our finances and investments.

To remain resilient and battle-ready, Standard Chartered Bank has decided on a...