Financial Services stories
Nutanix will soon support Microsoft Azure Virtual Desktop on premises via its AHV hypervisor, enabling hybrid deployment with cloud management and security.
Rackspace Technology appoints Lata Varghese and Phani Kishore Burre as Senior VPs to boost AI, cloud services and business transformation efforts.
AI-driven deepfakes are fuelling a global surge in fraud, with 77% of anti-fraud experts reporting increased incidents and 83% expecting further rises soon.
Capco joins OpenAI's Beta Services Partner Programme, gaining early access to AI tech to enhance financial and energy sector services globally.
Cyber insurance now demands transparency and collaboration, with firms needing to prove measurable risk reduction amid rising supply chain cyber threats.
Pipe launches its embedded capital platform in Australia via Live Payments, enabling SMEs to access pre-approved funding within their existing payment portal.
Financial institutions face rising AI-driven cyberattacks and must adopt intelligence-led defence, active vendor management, and balance security with customer experience.
Seventy-six percent of Australian banks use AI, leading in Asia-Pacific, but trust and regulation remain key hurdles for wider adoption.
Banks and credit unions are shifting from transaction rewards to building trust and personalised relationships, using AI to anticipate customer needs and enhance loyalty.
Australia's homes face a $50bn value boost from better energy ratings, with banks needing to adapt as energy efficiency becomes vital in property valuations.
Australia must boost funding and diversify research in quantum computing to harness its benefits and tackle emerging cybersecurity risks, experts warn.
Deskpro unveils AI help desk tailored for regulated sectors, enabling on-premise deployment to meet strict data sovereignty and compliance needs.
AI adoption lags in regulated sectors like healthcare and finance, hindered by strict compliance demands unlike faster tech industry uptake.
Primer launches Primer Companion, an AI tool designed to boost efficiency by automating and optimising payment teams' operations in real time.
All UK firms surveyed plan to deploy AI agents within a year, with 65% expecting job cuts despite high risks and costly system failures reported.
Revolut Business launches Flexible Cash Funds in Singapore, offering firms up to 4.48% APY on USD balances with daily returns and easy access.
Financial firms use predictive AI combined with generative AI to meet FCA Consumer Duty, ensuring compliance and improving customer outcomes efficiently.
Yaspa won the Real-Time Payments Innovation award for its AI-powered platform that streamlines instant bank transfers and KYC verification across the UK and Europe.
Waracle has secured a multi-million-pound deal with People's Partnership to enhance digital pension services for over seven million members until 2027.
Corporate banks are streamlining deal-making by uniting fragmented systems, cutting approval times from days to hours and boosting pricing accuracy and compliance.