Financial Services stories
Manual accounts payable processes drain money, time and trust from businesses, risking cash flow and reputation if action isn't taken promptly, say CFOs.
Banks are doubling AI budgets to 17% of IT spend by 2028, but only 20% have robust real-time data governance, reveals Tech Mahindra's global survey.
Fintech firms rush to adopt AI, with 65% using it despite cybersecurity lapses, highlighting the urgent need for robust guardrails to build trust and ensure safety.
Confluent's Tableflow now integrates with Delta Lake and Databricks Unity Catalog, enabling real-time analytics and AI with governed data across multicloud environments.
Straker secures a NZD $28 million deal with IBM to expand AI translation services and co-develop specialised language models over three years.
Confluent has launched Private Cloud, enabling organisations to securely deploy and manage real-time data streaming on private infrastructure with cloud-like agility.
Check Point and NVIDIA launch AI Cloud Protect, a security solution for AI infrastructure, securing enterprise AI without compromising performance.
ELMO Software appoints Anne Tosky as Global Chief People Officer to lead people strategy amid expansion in Australia, New Zealand and the UK.
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.
Canon Business Services ANZ expands its sales team with six hires to boost support and growth across Australia and New Zealand's technology sectors.
DDoS attacks have surged to record peaks of 3.7 Tbps, driven by automation and shifting geopolitical sources, targeting sectors like higher education globally.
Despite high confidence in ransomware readiness, 55% of ANZ firms struggle with slow recovery, lagging behind UK and US in rapid ransomware response.
IBM launches Digital Asset Haven, a secure blockchain platform for institutions, combining advanced custody features across 40+ blockchains from late 2025.
Ace launches as the first post-digital consultancy for financial services, advising on quantum computing and advanced AI beyond digital transformation.
EY's Canadian branch is spearheading the release of a client agent marketplace, aiming to enhance collaboration and service delivery.
A dNOVO survey reveals Canadians trust AI search tools least of all sectors, with a score of 1.91, even below lawmakers at 2.08.
A FICO survey reveals 70% of UK consumers rank fraud protection as a top priority when choosing banks, reflecting rising security concerns.
BSI warns many UK and global firms lack robust AI governance despite rising investment, risking operational failures and reputational damage amid growing AI use.
UK firms feel confident recovering from ransomware but face growing AI-driven risks and supply-chain vulnerabilities, reveals OpenText Cybersecurity survey.
India's healthcare and finance sectors are prioritising cybersecurity, combining advanced tech and cultural change to safeguard patient data and digital transactions.