PAObank, OneConnect Join HKMA AI Sandbox vs Deepfakes

PAO Bank Limited, a member of Ping An Insurance Company of China, Ltd., together with OneConnect Financial Technology Co., Ltd., an associate of Ping An, have been selected for the second cohort of the Hong Kong Monetary Authority’s (“HKMA”) Generative Artificial Intelligence Sandbox, in partnership with Hong Kong Cyberport Management Company Limited. Their joint “Anti-Fraud Strategy Platform” harnesses advanced AI to improve detection of deepfake fraud, strengthening risk management, sharpening fraud investigations, and enhancing customer...

First Internet Bank, Increase Win American Banker Innovation Award

First Internet Bank and Increase were named a winner in American Banker’s inaugural 2025 Innovation of the Year awards, achieving victory in the Payments category. The awards honor the most influential technology-focused innovations. First Internet Bank and Increase joined forces to deliver High-fidelity ACH – a tech solution that brings greater speed and reliability to Automated Clearing House (ACH) transactions. “Innovation doesn’t have to mean disruption; it can mean simply improving our execution of the basics....

Woodsboro Welcomes Penny Millison as New Business Banking Officer

Woodsboro Bank is excited to announce the appointment of Penny Millison as our new Business Banking Officer. In her new role, Penny will be instrumental in developing new business opportunities alongside our branches, leveraging her extensive experience in banking management and customer service to enhance our offerings for business clients. Penny brings over three decades of experience in the banking industry, most recently serving as a Commercial Branch Manager. Her proven track record in establishing and nurturing...

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