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Financial Services stories

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
Home loan pre-approvals surge after rate cuts, says CommBank
Commonwealth Bank of Australia

Home loan pre-approvals surge after rate cuts, says CommBank

CommBank reports a 12% rise in home loan pre-approvals after recent 0.25% rate cuts, driven by heightened buyer confidence across NSW and Queensland.

By Kaleah Salmon • 3 min read • Mon, 25th Aug 2025
VECTEC Networks launches with new leaders to boost enterprise security
Firewalls

VECTEC Networks launches with new leaders to boost enterprise security

VECTEC launches VECTEC Networks, a specialist division led by new CEO Jack McEvoy, enhancing enterprise networking and security with expert-led services.

By Kaleah Salmon • 3 min read • Thu, 21st Aug 2025
Exclusive: Why automation & AI are now vital for Australian resilience
Digital Transformation

Exclusive: Why automation & AI are now vital for Australian resilience

Australian firms face rising IT outages and trust drops, making automation and AI vital for resilience ahead of APRA's CPS 230 compliance by July 2025.

By Melania Watson • 6 min read • Thu, 21st Aug 2025

Global Stories

Financial Services stories

EnterpriseDB platform cuts datacentre emissions by up to 87%
Digital Transformation

EnterpriseDB platform cuts datacentre emissions by up to 87%

EnterpriseDB's AI platform helps datacentres slash carbon emissions by up to 87% and energy use by 81%, cutting costs while maintaining performance.

By Shannon Williams • 4 min read • Sat, 23rd Aug 2025
Financial sector faces 25% jump in cyberattacks, led by phishing
Ransomware

Financial sector faces 25% jump in cyberattacks, led by phishing

Cyberattacks on the financial sector have surged 25% in 2024, with phishing leading and nearly half of employees prone to clicking malicious links.

By Melania Watson • 3 min read • Fri, 22nd Aug 2025
Financial firms face 25% surge in advanced cyberattacks in 2024
Ransomware

Financial firms face 25% surge in advanced cyberattacks in 2024

Financial firms face a 25% rise in cyberattacks in 2024, with supply chain breaches and AI-driven phishing posing major risks, says new KnowBe4 report.

By Melania Watson • 3 min read • Fri, 22nd Aug 2025
Firebolt opens Singapore hub to boost data & AI in APAC
Data Analytics

Firebolt opens Singapore hub to boost data & AI in APAC

Firebolt has launched a new hub in Singapore to support rising demand for real-time data analytics and AI solutions across the Asia Pacific region.

By Kaleah Salmon • 3 min read • Thu, 21st Aug 2025
AI bots drive 80% of bot traffic, straining web resources
Large Language Models

AI bots drive 80% of bot traffic, straining web resources

AI crawlers now account for 80% of bot traffic, with Meta leading, placing huge strain on web resources and raising concerns over data bias and security risks.

By Sean Mitchell • 3 min read • Wed, 20th Aug 2025
Adaptiv appoints Nikolai Blackie CTO to drive AI & growth
Digital Transformation

Adaptiv appoints Nikolai Blackie CTO to drive AI & growth

Adaptiv has named co-founder Nikolai Blackie as CTO to lead AI-driven growth and expand its data integration services across Australasia.

By Melvin Hipolito • 3 min read • Wed, 20th Aug 2025
Zoom expands AI agent to phone, launches hub & boosts AI tools
Artificial Intelligence

Zoom expands AI agent to phone, launches hub & boosts AI tools

Zoom has integrated its AI Virtual Agent with Zoom Phone, launched Zoom Hub, and enhanced AI tools to streamline meetings and workplace collaboration worldwide.

By Sean Mitchell • 4 min read • Tue, 19th Aug 2025

Stories from Other Regions

Financial Services stories

Tower appoints new technology leaders to drive digital strategy
Data Analytics

Tower appoints new technology leaders to drive digital strategy

Tower appoints Dr. Stephen Hastings and Micheal Maclean to lead its digital and data strategy, enhancing customer experience and driving business growth.

By Melvin Hipolito • 3 min read • Fri, 22nd Aug 2025
FCA pension transfer review urges balance between speed & safety
Government

FCA pension transfer review urges balance between speed & safety

The FCA's review highlights progress and challenges in UK pension transfers, urging balance between speed, efficiency and consumer protection from scams.

By Shannon Williams • 4 min read • Thu, 21st Aug 2025
AI agent opens UK business account end-to-end at ANNA Money
Fintech

AI agent opens UK business account end-to-end at ANNA Money

ANNA Money used an AI agent to fully register a UK business account online, completing all identity checks and payments autonomously in a groundbreaking test.

By Jed Nykolle Harme • 3 min read • Thu, 21st Aug 2025
UK data leaders face urgent overhaul as DUAA brings strict new rules
Data Protection

UK data leaders face urgent overhaul as DUAA brings strict new rules

UK organisations face urgent data protection reforms as the Data (Use and Access) Act 2025 introduces stricter rules and higher ICO enforcement powers.

By Kaleah Salmon • 3 min read • Wed, 20th Aug 2025
AND Global raises USD $21.4m to boost fintech for Asia-Pacific
Digital Transformation

AND Global raises USD $21.4m to boost fintech for Asia-Pacific

AND Global has raised USD $21.4m in Series B funding to enhance fintech access for the unbanked across Asia-Pacific, backed by IFC and AEON Financial Service.

By Kaleah Salmon • 3 min read • Wed, 20th Aug 2025
Seventy-two percent of New Zealanders say brands break promises
Customer Experience

Seventy-two percent of New Zealanders say brands break promises

A new study reveals 72% of New Zealanders believe brands fail to keep promises, with media firms seen as the worst offenders and financial services ranked best.

By Kaleah Salmon • 3 min read • Wed, 20th Aug 2025