Financial Services stories
Gartner names Daon a Leader in identity verification, citing its advanced biometric tech and AI defences against rising deepfake fraud threats worldwide.
Nearly 73% of global firms now use AI in cybersecurity, tackling rising threats as nearly all plan AI-driven security investments this year.
Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.
Ataccama research reveals enterprises average 42/100 in data trust, risking AI progress and regulatory compliance due to poor data quality and governance.
Retail leads AI satisfaction in EMEA with 96% success rate, while healthcare outspends all sectors but faces challenges, says Lenovo's CIO Playbook 2025 study.
Zoho's ANZ customer base grows 20% with new AI-powered solutions including Zoho Solo and Zoho for Nonprofits, boosting regional impact and innovation.
Afterburner AI and LoanOptions.ai have joined forces to streamline digital lending for mortgage advisers across Australia and New Zealand with AI-driven solutions.
Hyland partners with AWS to enhance its Content Innovation Cloud, boosting AI-driven content management and accelerating global enterprise adoption.
Mastercard will appoint Richard Wormald as Asia Pacific president in 2026, succeeding Ari Sarker who moves to an advisory role after a decade leading the region.
Wiise appoints Sullivan McIntyre as Chief Product Officer to lead AI-driven ERP innovation for Australian and New Zealand SMBs.
Stefan Leitl returns to Melbourne as Cisco's new Vice President for Australia and New Zealand, bringing extensive global experience in IoT and digital transformation.
EnterpriseDB's AI platform helps datacentres slash carbon emissions by up to 87% and energy use by 81%, cutting costs while maintaining performance.
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.
Maisa secures $25m seed funding to launch Studio, an AI automation platform enabling non-tech users to deploy digital workers in regulated industries.
SAS urges enterprises to prioritise data quality and trust as they deploy AI for real business value, blending old analytics with new interfaces responsibly.
Dynamoney appoints Brett Thomas as CEO to lead growth, capitalising on surge in SME lending and targeting expansion of flexible finance solutions across Australia.
Australian banks invest heavily in AI but struggle to realise value amid complex compliance, fragmented data, and rising customer trust concerns, experts say.
CommBank reports a 12% rise in home loan pre-approvals after recent 0.25% rate cuts, driven by heightened buyer confidence across NSW and Queensland.
Most UK banking leaders are frustrated by 'cloudwashing' as 57% say core banking systems touted as cloud-native aren't genuinely so.