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 : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Geetha Ranganathan, Senior Media Analyst, Bloomberg Intelligence discusses updates in the US media space.

7:45 AM

Morning Brief

Syahredzan Johan, MP for Bangi discusses DAP’s call for a Royal Commission of Inquiry amid allegations of a “corporate mafia” involving MACC officials.

8:00 AM

The Breakfast Grille

Acting High Commissioner to Malaysia M.I. Mohamed Rizvi discusses the trajectory of Sri Lanka.

8:30 AM

Morning Brief

Gandipan Gopalan, Advocacy Manager at the Women’s Aid Organisation, shines a light on the framework and process involving reporting of domestic and sexual violence cases.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Ringgit & Sense

Yuvarajan Periyan, licensed financial planner and co-founder of Uno Advisers talks about 'Pig Butchering' scams.

10:05 AM

Open For Business

Rafiq Razali, CEO, AquFish

11:00 AM

Tech Talk

Afizulazha Abdullah, Chief Enterprise Business Officer, CelcomDigi

12:00 PM

Enterprise Explores

Elad Koren, Vice President of Product Management, Cortex Cloud, Palo Alto Networks

1:00 PM

The Breakfast Grille Repeat

Acting High Commissioner to Malaysia M.I. Mohamed Rizvi discusses the trajectory of Sri Lanka.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Beyond the Ballot Box

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Talkback Thursday