Financial Services stories
Ataccama and Cognizant unveil ONE Bridge, cutting data platform migration time by 40% and easing compliance with automated workflows.
Nutanix will soon support Microsoft Azure Virtual Desktop on premises via its AHV hypervisor, enabling hybrid deployment with cloud management and security.
Rackspace Technology appoints Lata Varghese and Phani Kishore Burre as Senior VPs to boost AI, cloud services and business transformation efforts.
AI-driven deepfakes are fuelling a global surge in fraud, with 77% of anti-fraud experts reporting increased incidents and 83% expecting further rises soon.
Payments now make up 55% of global fintech revenues at USD $126 billion, driven by innovation, regulation, and demand for instant, secure transactions.
AI-powered payment systems now approve credit and detect fraud in milliseconds, revolutionising the speed and security of financial transactions.
Graph databases are revolutionising finance, helping firms detect fraud, enhance compliance, and harness AI by mapping complex data relationships in real time.
eflow Global launches PATH AI, enhancing trade surveillance with transparent, auditable alerts amid USD $1.8bn market abuse fines globally this year.
ECCTA's mandatory ID verification poses major compliance and liability risks for UK law firms, with millions facing deadlines to avoid fines and penalties.
CommonAI launches a UK and Europe-wide platform to provide affordable AI computing resources and support for start-ups, backed by investment initiatives.
Cyber insurance now demands transparency and collaboration, with firms needing to prove measurable risk reduction amid rising supply chain cyber threats.
Pipe launches its embedded capital platform in Australia via Live Payments, enabling SMEs to access pre-approved funding within their existing payment portal.
Financial institutions face rising AI-driven cyberattacks and must adopt intelligence-led defence, active vendor management, and balance security with customer experience.
Seventy-six percent of Australian banks use AI, leading in Asia-Pacific, but trust and regulation remain key hurdles for wider adoption.
Banks and credit unions are shifting from transaction rewards to building trust and personalised relationships, using AI to anticipate customer needs and enhance loyalty.
Australia's homes face a $50bn value boost from better energy ratings, with banks needing to adapt as energy efficiency becomes vital in property valuations.
Australia must boost funding and diversify research in quantum computing to harness its benefits and tackle emerging cybersecurity risks, experts warn.
Deskpro unveils AI help desk tailored for regulated sectors, enabling on-premise deployment to meet strict data sovereignty and compliance needs.
AI adoption lags in regulated sectors like healthcare and finance, hindered by strict compliance demands unlike faster tech industry uptake.
Primer launches Primer Companion, an AI tool designed to boost efficiency by automating and optimising payment teams' operations in real time.