BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  94% of Banks Want AI. So Why Are Only 10% Frontrunners?

94% of Banks Want AI. So Why Are Only 10% Frontrunners?

Doriss Chow, Managing Director for Financial Services, Accenture Malaysia

18-Aug-25 12:00

94% of Banks Want AI. So Why Are Only 10% Frontrunners?

With 94% of APAC bank CEOs citing AI as a key priority, the race is on to move beyond simple chatbots and pilot projects. But what separates the top 10% of "forerunner" banks from the rest, and what does it take to turn AI into a real engine for growth?

Doriss Chow, Managing Director for Financial Services at Accenture Malaysia, joins us to share insights on how leading banks are making strategic, long-term bets on AI. She discusses the most impactful use cases, from fraud management to investment advisory, and breaks down the crucial foundations required for success: a strong digital core, data maturity, and a focus on "Responsible AI."

We discuss:

  • What the top 10% of "frontrunners" banks are doing differently with AI.

  • The most impactful AI use cases in fraud, payments, and advisory.

  • The crucial foundations (tech, data, people) needed for AI adoption.

  • Why "Responsible AI" is essential for building customer trust.

  • The real ROI of AI, including faster revenue growth and better compliance.

    For leaders in the financial services industry, this is a guiding conversation to the strategies and challenges of a true AI reinvention.

Produced by: Roshan Kanesan, Carol Wong

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  Corporatesmanagingtechnologysponsored content

Tags:  AI in bankingresponsible AIfinancial servicesdigital transformationGen AIMDX2025





Play / Pause

Listen now : A Bit of Culture: (REPEAT) Kam, Dhanya and Vernon get together to...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Jacinta Lim, Co-Founder, Seek Sophie, on how she curates hidden-gem experiences across Asia for the travel platform.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Dhanya and Vernon get together to talk about reality TV, lessons and cultural resilience.

2:00 PM

Ringgit & Sense

(REPEAT) Siew Yuen Tuck, co-founder of Ringgitplus talks about some findings from RMFLS 2025.

2:30 PM

The Property Show

(REPEAT) Rueben Teoh, founder of the Fire Preventors Society shares key tips to prevent and respond to fires at home.

3:00 PM

Best of The Bigger Picture

(REPEAT) We speak to Dr Lee Hwok-Aun from the ISEAS-Yusof Ishak Institute about the good, the bad and the ugly of the government’s Budi95 fuel plan.

4:00 PM

Best of Evening Edition

(REPEAT) We speak to an expert in extreme physiology about what happens to the human body when we leave Earth’s atmosphere.

5:00 PM

BBC World Service

This episode of The Life Scientific features the late Jane Goodall, in an interview that was previously aired in 2020.