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Financial institutions Stories - Page 16

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Financial institutions stories

How vulnerability management has become a boardroom issue
Security Information and Event Management

How vulnerability management has become a boardroom issue

Vulnerability management is now a critical boardroom priority as Australian firms face tighter cyber regulations and rising digital threats requiring automated, proactive defence.

By Matthew Lowe • 4 min read • Mon, 15th Sep 2025
Cloudhouse launches Alchemy APS to help banks modernise quickly
Digital Transformation

Cloudhouse launches Alchemy APS to help banks modernise quickly

Cloudhouse unveils Alchemy APS, enabling banks to swiftly modernise by packaging applications independently from legacy infrastructure, cutting costs and risks.

By Catherine Knowles • 3 min read • Fri, 12th Sep 2025
Australian consumers wary of AI, prefer human service touch
Digital Transformation

Australian consumers wary of AI, prefer human service touch

Research reveals Australian consumers prefer human customer service, with only 28% comfortable engaging with AI-powered support, citing trust and accuracy concerns.

By Melvin Hipolito • 4 min read • Tue, 9th Sep 2025
Financial leaders prioritise responsible AI for greater ROI impact
Risk & Compliance

Financial leaders prioritise responsible AI for greater ROI impact

Financial leaders prioritise responsible AI standards over generative AI, seeing accountability as key to boosting ROI amid growing implementation challenges.

By Melvin Hipolito • 4 min read • Thu, 4th Sep 2025
FICO named top category leader for enterprise fraud solutions
Breach Prevention

FICO named top category leader for enterprise fraud solutions

FICO has been named a category leader by Chartis Research for the fifth consecutive time in enterprise, payment fraud solutions and fraud platforms in 2025.

By Sean Mitchell • 4 min read • Thu, 4th Sep 2025
SAS named market leader for AI-driven fraud & AML solutions
Risk & Compliance

SAS named market leader for AI-driven fraud & AML solutions

SAS has been named Market Leader in AI-driven fraud and AML case management, praised for its stable platform and advanced cloud-native AI features.

By Melvin Hipolito • 4 min read • Wed, 3rd Sep 2025
Atlas Consolidated raises USD $18.1M to boost HugoHub growth
Digital Transformation

Atlas Consolidated raises USD $18.1M to boost HugoHub growth

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.

By Jed Nykolle Harme • 4 min read • Thu, 28th Aug 2025
Finastra & NTT DATA expand lending cloud support in MAAP, LATAM
Digital Transformation

Finastra & NTT DATA expand lending cloud support in MAAP, LATAM

Finastra and NTT DATA have expanded their partnership to enhance cloud-based lending services for banks in MAAP and LATAM, improving speed and operational efficiency.

By Shannon Williams • 3 min read • Thu, 14th Aug 2025

Stories from Other Regions

Financial institutions stories

eflow Global rolls out AI crypto surveillance & expands team
Surveillance

eflow Global rolls out AI crypto surveillance & expands team

eflow Global launches AI-powered crypto surveillance in its TZTS platform and expands leadership amid rising regulatory scrutiny and client growth.

By Catherine Knowles • 3 min read • Fri, 12th Sep 2025
US money laundering cases surge 168% as scams cost USD $6.5 billion
Crypto

US money laundering cases surge 168% as scams cost USD $6.5 billion

US money laundering cases rose 168% in H1 2025, with scams costing Americans USD $6.5 billion amid rising AI-driven fraud and stablecoin use.

By Shannon Williams • 4 min read • Thu, 11th Sep 2025
Obita raises $10 million to expand stablecoin payment network
Fintech

Obita raises $10 million to expand stablecoin payment network

Obita raises $10 million to expand its blockchain-based stablecoin payment network, enhancing low-cost, compliant cross-border settlements globally.

By Catherine Knowles • 4 min read • Fri, 5th Sep 2025
Card fraud losses rise to EUR €1,578M across Europe in 2024
Payment Technologies

Card fraud losses rise to EUR €1,578M across Europe in 2024

Card fraud losses in Europe rose to EUR €1,578 million in 2024, with the UK leading both total and Card Not Present fraud losses amid evolving crime tactics.

By Sean Mitchell • 5 min read • Thu, 4th Sep 2025
Maisa raises $25m to launch Studio AI automation platform
Generative AI

Maisa raises $25m to launch Studio AI automation platform

Maisa secures $25m seed funding to launch Studio, an AI automation platform enabling non-tech users to deploy digital workers in regulated industries.

By Catherine Knowles • 5 min read • Fri, 29th Aug 2025
Exclusive: Cloudera urges banks to rethink data for AI
Data Protection

Exclusive: Cloudera urges banks to rethink data for AI

Australian banks invest heavily in AI but struggle to realise value amid complex compliance, fragmented data, and rising customer trust concerns, experts say.

By Melania Watson • 5 min read • Mon, 25th Aug 2025
Australian businesses lose AUD $2.03 billion as AI scams surge
Data Protection

Australian businesses lose AUD $2.03 billion as AI scams surge

Australian businesses have lost AUD $2.03 billion to increasingly sophisticated AI-driven scams in 2024, signalling a growing threat to the economy.

By Sean Mitchell • 5 min read • Thu, 21st Aug 2025
Smart secures £60 million to expand UK retirement platform
Fintech

Smart secures £60 million to expand UK retirement platform

Smart has secured a GBP £60 million credit facility to expand its UK retirement savings platform amid rapid market consolidation.

By Catherine Knowles • 3 min read • Tue, 19th Aug 2025
Halifax's fintech legacy inspires new inclusive community group
Unified Communications

Halifax's fintech legacy inspires new inclusive community group

Finclusiv Edge, a new non-profit in Halifax, draws on the city's legacy as the birthplace of major banks to foster inclusive fintech conversations and collaboration.

By Catherine Knowles • 3 min read • Fri, 15th Aug 2025
8x8 & MNET partner to enhance secure banking customer service
Unified Communications

8x8 & MNET partner to enhance secure banking customer service

8x8 and MNET partner to enhance secure, real-time banking customer service by integrating CoreAccess+ with 8x8's CX platform for faster, safer authentication.

By Catherine Knowles • 3 min read • Fri, 15th Aug 2025