Banking stories - Page 19

APRA's new rules make boards in Australia's financial sector directly accountable for robust data governance and cyber risk management amid rising threats.

Figma will offer data residency in Australia by late 2025 and launch Governance+ security tools to boost compliance for enterprises locally.

A new study reveals AI is evolving from an adviser to a core architect in enterprise decision-making, enhancing transparency and accountability across sectors.

A Black Kite report reveals most third-party vendors in finance show major cyber security flaws, posing serious risks despite fewer direct attacks on institutions.

TCS reported USD $7,421m revenue in Q1 FY26, highlighting gains in AI and cybersecurity despite a slight year-on-year revenue decline.

Celonis and Bright Cape launch Smart KYC Control Tower app to help financial firms cut costs, boost compliance and improve customer experience in KYC processes.

Appian has been named on FinTech Global's 2025 AIFinTech100 list for pioneering AI-driven solutions that transform banking, compliance and financial services workflows.

Endava appoints Alastair Lukies as Chief Engagement Officer and Rob Machin as Chief People and Locations Officer to boost AI-led growth and global engagement.

LRN has earned global accreditations for its financial services compliance courses from CISI, IBF Singapore and The CPD Certification Service.

Motorhome Republic now offers PayTo for instant bank transfers in Australia, helping customers avoid card fees and speed up motorhome rental payments.

Sumsub enhances fraud defence by integrating Fingerprint's device intelligence, offering real-time threat detection without complicating genuine user access.

Cybersecurity leaders in APAC must blend technical skills with business insight to align cyber risks with enterprise goals, says Check Point's Jayant Dave.

Denodo has earned the Snowflake Financial Services Competency, recognising its expertise in secure data management for banking, capital markets, and insurance.

Airwallex appoints a new board for its SVF unit as it nears an ADI licence in Australia, following a USD $300 million funding round valuing the company at USD $6.2 billion.

Lextech appoints David Hobley CTO and Theo Tragoudistakis CFO to support AUD $6 billion growth in mortgage processing and legal services in Australia.

CMTG stresses AI-driven cybersecurity is vital for managed services, enabling real-time threat detection to protect sectors like finance, engineering, and insurance.

Qualtrics is aiding Asia Pacific firms like CBA and MSB to enhance customer loyalty and engagement through advanced feedback and AI-driven insights.

Singapore cardholders can convert up to 8% of DCS Visa Platinum Card spending into carbon offsets, supporting biodiversity via a new app feature from June.

Starburst secures strategic investment from Citi to advance its scalable, secure data platform, supporting AI-ready solutions for global enterprises and major banks.

Salesforce launches Agentforce for Financial Services, offering AI agents to automate tasks and boost personalised client engagement in banks and insurers.