Financial Services stories
Cyberattacks on the financial sector have surged 25% in 2024, with phishing leading and nearly half of employees prone to clicking malicious links.
Financial firms face a 25% rise in cyberattacks in 2024, with supply chain breaches and AI-driven phishing posing major risks, says new KnowBe4 report.
Firebolt has launched a new hub in Singapore to support rising demand for real-time data analytics and AI solutions across the Asia Pacific region.
AI crawlers now account for 80% of bot traffic, with Meta leading, placing huge strain on web resources and raising concerns over data bias and security risks.
Adaptiv has named co-founder Nikolai Blackie as CTO to lead AI-driven growth and expand its data integration services across Australasia.
Zoom has integrated its AI Virtual Agent with Zoom Phone, launched Zoom Hub, and enhanced AI tools to streamline meetings and workplace collaboration worldwide.
Cloudera thrives on AI and hybrid cloud growth, aiding clients in regulated sectors while balancing innovation and cost across global markets.
ISG has sold a 75% stake to Shaw and Partners for NZD $67.5 million, marking a major step in its growth and partnership with Switzerland's EFG International.
Tower appoints Dr. Stephen Hastings and Micheal Maclean to lead its digital and data strategy, enhancing customer experience and driving business growth.
The FCA's review highlights progress and challenges in UK pension transfers, urging balance between speed, efficiency and consumer protection from scams.
VECTEC launches VECTEC Networks, a specialist division led by new CEO Jack McEvoy, enhancing enterprise networking and security with expert-led services.
Australian firms face rising IT outages and trust drops, making automation and AI vital for resilience ahead of APRA's CPS 230 compliance by July 2025.
ANNA Money used an AI agent to fully register a UK business account online, completing all identity checks and payments autonomously in a groundbreaking test.
UK organisations face urgent data protection reforms as the Data (Use and Access) Act 2025 introduces stricter rules and higher ICO enforcement powers.
AND Global has raised USD $21.4m in Series B funding to enhance fintech access for the unbanked across Asia-Pacific, backed by IFC and AEON Financial Service.
A new study reveals 72% of New Zealanders believe brands fail to keep promises, with media firms seen as the worst offenders and financial services ranked best.
Smart has secured a GBP £60 million credit facility to expand its UK retirement savings platform amid rapid market consolidation.
OCBC's 20-year investment in data underpins over 30 AI applications, boosting efficiency and cutting costs across its banking services.
Japan International Cooperation Agency adopts Finastra's Loan IQ platform to enhance private sector lending in developing countries, boosting efficiency and scalability.
AMP and UNSW Sydney have partnered to advance responsible AI in financial services, enhancing retirement planning support for Australians.