CFOtech New Zealand - Technology news for CFOs & financial decision-makers
New Zealand

Financial institutions Stories - Page 2

Global Stories

Financial institutions stories

Quantifind opens Sydney office to expand in Asia-Pacific
Risk & Compliance

Quantifind opens Sydney office to expand in Asia-Pacific

The move gives banks in Australia and across Asia-Pacific local support as Quantifind seeks growth after a USD $200 million investment round.

By Karen Joy Bacudo • 3 min read • Last month
Supply chain attacks rise as 215 flaws are exploited
Malware

Supply chain attacks rise as 215 flaws are exploited

Supply chain compromises helped actively exploited flaws to 215 in the first half of 2026, as attackers used trusted tools and platforms to steal credentials.

By Sofiah Nichole Salivio • 5 min read • Last month
Hyperlayer raises USD $26 million in Flintlock-led round
Digital Transformation

Hyperlayer raises USD $26 million in Flintlock-led round

The banking software group is now valued at USD $260 million after the latest follow-on financing, bringing its total funding to nearly USD $66 million.

By Karen Joy Bacudo • 3 min read • Last month
Financial firms deploy AI agents unmonitored, study warns
Risk & Compliance

Financial firms deploy AI agents unmonitored, study warns

A compliance gap is leaving 22% of financial services firms running AI agents in production without monitoring, a New Relic study warns.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Hyperlayer raises USD $25.8 million in Series A2 round
Digital Transformation

Hyperlayer raises USD $25.8 million in Series A2 round

Fresh capital will help Hyperlayer hire and expand across three regions as banks seek to modernise legacy systems without costly core replacements.

By Joseph Gabriel Lagonsin • 3 min read • Last month
From Payment Card to Digital Trust Infrastructure: How Cards Are Evolving
Payment Technologies

From Payment Card to Digital Trust Infrastructure: How Cards Are Evolving

Banks are using payment cards as trust anchors to link onboarding, wallet enrolment and fraud checks without adding more customer friction.

By Brent Bowen • 7 min read • Last month
Chargebacks911 names Brad Wiskirchen to drive acquisitions
Fintech

Chargebacks911 names Brad Wiskirchen to drive acquisitions

The hire signals a push into acquisitions and new financial services products as the payments group broadens beyond dispute management.

By Sofiah Nichole Salivio • 4 min read • Last month
DataMasque joins MAS PathFin.ai for privacy-preserving AI
Risk & Compliance

DataMasque joins MAS PathFin.ai for privacy-preserving AI

Financial firms can now assess privacy-preserving AI tools faster as DataMasque joins MAS's PathFin.ai library to mask sensitive customer data.

By Sean Mitchell • 3 min read • Last month
Shield appoints former HSBC executive Michelle Clark
Artificial Intelligence

Shield appoints former HSBC executive Michelle Clark

Her appointment signals Shield's push to sharpen its compliance software as banks grapple with tighter communications monitoring and AI oversight.

By Sofiah Nichole Salivio • 4 min read • Last month
Memcyco updates PoSA to spot attacker devices earlier
Phishing

Memcyco updates PoSA to spot attacker devices earlier

Fraud teams can now flag suspicious devices before login, as PoSA v1.11 adds real-time risk scores to help stop account takeovers earlier.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Bloomberg launches Enterprise MCP for AI data access
Data governance

Bloomberg launches Enterprise MCP for AI data access

Financial firms can now give AI agents governed access to Bloomberg data, with context that clarifies currency, pricing and timing.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Bloomberg launches enterprise MCP for AI data access
Data governance

Bloomberg launches enterprise MCP for AI data access

Financial firms can now let AI agents pull licensed Bloomberg data through a standardised interface that also supplies the context needed to use it correctly.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Duco says agentic AI cuts bank reconciliation work 76%
Generative AI

Duco says agentic AI cuts bank reconciliation work 76%

Production trials at 12 banks and financial institutions cut manual post-trade reconciliation work by an average of 76%, Duco said.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Stories from Other Regions

Financial institutions stories

Canton Foundation & LG CNS back Korea network push
Fintech

Canton Foundation & LG CNS back Korea network push

The tie-up aims to speed real-world blockchain deployment among Korean banks and other institutions as tokenised assets gain momentum in Asia.

By Mara Sugue • 3 min read • Last month
Farsight & Ornn bring AI compute in-house for banks
Risk & Compliance

Farsight & Ornn bring AI compute in-house for banks

Banks worried about data security and rising AI costs can now run Farsight's platform on their own systems via Ornn's GPU capacity.

By Karen Joy Bacudo • 3 min read • Last month
Eltropy launches verified texting for banks & credit unions
Risk & Compliance

Eltropy launches verified texting for banks & credit unions

Verified profiles and richer message formats could help banks and credit unions curb impersonation scams as RCS reaches more US phones.

By Karen Joy Bacudo • 3 min read • Last month
One in three Canadians targeted by scam, survey finds
Phishing

One in three Canadians targeted by scam, survey finds

Banks and phone firms face pressure to do more, as 34 per cent of Canadians say they were targeted by a scam in the past year.

By Sofiah Nichole Salivio • 4 min read • Last month
CodeWall raises USD $4 million to test cyber defences
Artificial Intelligence

CodeWall raises USD $4 million to test cyber defences

The London start-up will use the funding to expand autonomous attack testing as firms face more frequent, AI-driven cyber threats.

By Karen Joy Bacudo • 3 min read • Last month