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Hidden travel fees cost Aussies as banks overcharge
Fintech

Hidden travel fees cost Aussies as banks overcharge

78% of Australians face hidden bank fees abroad, with traditional banks charging up to seven times more than fintech providers like Wise.

By Kaleah Salmon • 4 min read • Fri, 30th May 2025
Aussies slammed with hidden fees while using bank cards abroad
Fintech

Aussies slammed with hidden fees while using bank cards abroad

New research reveals 78% of Aussie travellers face hidden bank card fees abroad, with charges costing some up to AUD $4,000 annually on holidays.

By Melania Watson • 4 min read • Thu, 29th May 2025

Global Stories

Financial Services stories

APJ region accelerates AI adoption as Dell rolls out new innovations
Network Infrastructure

APJ region accelerates AI adoption as Dell rolls out new innovations

Dell leads AI innovation surge in Asia Pacific and Japan, unveiling new tech and partnerships to drive adoption across industries and scale AI solutions.

By Moritz Florian • 5 min read • Fri, 30th May 2025
Aryza acquires Webio to boost AI in financial software suite
Software-as-a-Service

Aryza acquires Webio to boost AI in financial software suite

Aryza has acquired conversational AI firm Webio to enhance its financial software with AI-driven features, aiming to lead in AI-powered credit and debt solutions.

By Kaleah Salmon • 3 min read • Fri, 30th May 2025
Salesforce to acquire Informatica for equity value of USD $8 billion
Mobile Device Management

Salesforce to acquire Informatica for equity value of USD $8 billion

Salesforce to acquire Informatica for USD $8 billion, enhancing AI capabilities by integrating Informatica's data services with its platform, deal to close fiscal 2027.

By Shannon Williams • 5 min read • Fri, 30th May 2025
Velocity secures USD $10M to build stablecoin platform
Fintech

Velocity secures USD $10M to build stablecoin platform

Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.

By Jed Nykolle Harme • 4 min read • Wed, 28th May 2025
FICO & AWS expand AI decision platform via marketplace
Data Analytics

FICO & AWS expand AI decision platform via marketplace

FICO and AWS have teamed up to expand global access to AI-driven decision workflows, now available via AWS Marketplace Private Offers.

By Sean Mitchell • 3 min read • Tue, 27th May 2025
Capgemini expands partnership for secure generative AI with SAP
Digital Transformation

Capgemini expands partnership for secure generative AI with SAP

Capgemini broadens its partnership with Mistral AI and SAP to deliver secure generative AI solutions for regulated sectors like finance and aerospace.

By Sean Mitchell • 4 min read • Tue, 27th May 2025

Stories from Other Regions

Financial Services stories

Griffin unveils MCP Server to boost AI agents in banking
Fintech

Griffin unveils MCP Server to boost AI agents in banking

Griffin has launched its MCP Server, enabling AI agents to open accounts, make payments and analyse transactions within banking systems securely.

By Sean Mitchell • 3 min read • Fri, 30th May 2025
TXP acquires Metatech to boost Gen legacy IT modernisation
Digital Transformation

TXP acquires Metatech to boost Gen legacy IT modernisation

TXP has acquired Newcastle-based Metatech to enhance its IT automation expertise in Gen legacy system modernisation across multiple sectors globally.

By Catherine Knowles • 3 min read • Fri, 30th May 2025
Calls for review as TISA urges FCA to simplify disclosures
Financial Literacy

Calls for review as TISA urges FCA to simplify disclosures

TISA urges the FCA to simplify consumer disclosures for investments, calling current rules confusing and advocating clearer, unified information.

By Shannon Williams • 3 min read • Fri, 30th May 2025
Fundbox rebrands to power embedded finance for small business
Fintech

Fundbox rebrands to power embedded finance for small business

Fundbox shifts from direct lending to embedding capital infrastructure in platforms, aiming to bridge the USD $2 trillion small business credit gap.

By Kaleah Salmon • 3 min read • Fri, 30th May 2025
MTF receives high commendation for trust in car loan awards
Customer service

MTF receives high commendation for trust in car loan awards

MTF has been Highly Commended in the 2025 Reader's Digest Most Trusted Brands Awards for car loans, highlighting its trusted service in New Zealand.

By Kaleah Salmon • 2 min read • Fri, 30th May 2025
Open banking boosted in New Zealand as major banks upgrade API
Fintech

Open banking boosted in New Zealand as major banks upgrade API

New Zealand's four largest banks have upgraded to Payment Initiation API v2.3, enabling flexible payments and lasting customer consent for open banking.

By Melania Watson • 5 min read • Fri, 30th May 2025
UK banks take an average of 65 days to update base rates
Digital Transformation

UK banks take an average of 65 days to update base rates

A study reveals UK banks average 65 days to update base rates and over six months to launch new features, slowing innovation amid rising customer expectations.

By Shannon Williams • 4 min read • Thu, 29th May 2025
Aryza acquires Webio to boost AI SaaS financial services
Software-as-a-Service

Aryza acquires Webio to boost AI SaaS financial services

Aryza has acquired conversational AI firm Webio to enhance its AI-driven SaaS financial services, targeting improved customer engagement and collections.

By Kaleah Salmon • 3 min read • Thu, 29th May 2025
EastWest chooses Temenos SaaS to upgrade banking platform
Software-as-a-Service

EastWest chooses Temenos SaaS to upgrade banking platform

EastWest Banking Corporation partners with Temenos to adopt a SaaS core banking platform, boosting digital transformation and operational efficiency.

By Jed Nykolle Harme • 3 min read • Wed, 28th May 2025