Financial institutions stories
Azul and ActiveViam have launched a solution that cuts cloud analytics costs by up to 50%, enhancing performance for financial firms handling large-scale data.
IBM launches Digital Asset Haven, a secure blockchain platform for institutions, combining advanced custody features across 40+ blockchains from late 2025.
Pave Bank secures USD $39 million to expand its programmable banking platform, merging traditional finance and digital asset management for institutions.
Australia sees a 17% rise in data breaches as AI-driven threats on hybrid cloud systems surge, prompting tighter APRA regulations on cybersecurity compliance.
10x Banking appoints Philip Barnett as Executive Vice Chair to drive strategic growth and global expansion, focusing on Asia Pacific markets.
Global scam attempts have surged 65% over the past year, with smishing rising tenfold as banks worldwide battle increasing fraud risks.
Australian banks must use AI and personalised service to rebuild trust and enhance customer experience across all age groups and regions.
Chainlink and 24 major banks collaborate to reduce $58 billion global corporate actions costs, using AI and blockchain for real-time data sharing and automation.
A report finds claims of rapid US 'de-dollarisation' exaggerated, warning Australia faces risks due to heavy reliance on the US dollar amid biased global media.
Dwolla aims to unify instant payments via a single API across FedNow and RTP, simplifying real-time transactions for enterprises amid rapid market growth.
Kasia Hanson joins Alcatraz as VP of Strategic Partnerships to boost growth across critical sectors with her 20+ years experience in security and AI.
ŌURA's Oura Ring sales surpass 5.5 million, doubling revenue to USD $500 million in 2024 with plans to reach USD $1 billion by 2025.
Mark Lane has launched Canada's first FX platform letting entrepreneurial currency professionals run their own client portfolios with flexible hours and higher commissions.
Fortinet has launched its first Secure Access Service Edge point of presence in Auckland, enhancing cybersecurity and connectivity for New Zealand businesses.
Canada unveils its first National Anti-Fraud Strategy and a Financial Crimes Agency to tackle rising fraud losses, which hit CAD $643 million in 2024.
UK finance firms face rising risks as Windows 10 support ends; 90% carry technical debt with legacy systems hindering innovation and security efforts.
Cyberfort has named Kathy Stokes as Chief Revenue Officer to lead growth and expand its footprint in cyber security, cloud and colocation services.
UK credit card balances hit a record GBP £1,915 in August 2025 as payment rates decline and financial stress grows among cardholders, reports FICO.
ANZ warns Australian small businesses to stay vigilant as scams cause AUD $84 million losses amid rising cybercrime threats in 2024.
Machine Learning boosts credit access and profitability in Australia, with 96% of firms noting better SME loan acceptance and improved bad debt rates.