Financial Services stories - Page 42

HSBC has launched its Innovation Banking service in New Zealand, providing tailored funding and support for venture-backed scale-ups and their investors.

FICO has been named a category leader by Chartis Research for the fifth consecutive time in enterprise, payment fraud solutions and fraud platforms in 2025.

JP Morgan's new fees for fintech API access spark debate, highlighting differences in US and European banking data revenue models under PSD2 rules.

Xero launches AI-powered tools including JAX and Partner Hub to help accountants automate tasks and enhance advisory services for small businesses.

SAS has been named Market Leader in AI-driven fraud and AML case management, praised for its stable platform and advanced cloud-native AI features.

Binance has named SB Seker as Head of Asia Pacific to lead strategic growth and regulatory cooperation across the region's dynamic crypto markets.

Thinking Machines partners with OpenAI as its first APAC Services Partner to boost AI skills and implement ChatGPT Enterprise across Asia Pacific firms.

Gartner names Daon a Leader in identity verification, citing its advanced biometric tech and AI defences against rising deepfake fraud threats worldwide.

Nearly 73% of global firms now use AI in cybersecurity, tackling rising threats as nearly all plan AI-driven security investments this year.

Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.

Ataccama research reveals enterprises average 42/100 in data trust, risking AI progress and regulatory compliance due to poor data quality and governance.

Retail leads AI satisfaction in EMEA with 96% success rate, while healthcare outspends all sectors but faces challenges, says Lenovo's CIO Playbook 2025 study.

Zoho's ANZ customer base grows 20% with new AI-powered solutions including Zoho Solo and Zoho for Nonprofits, boosting regional impact and innovation.

Afterburner AI and LoanOptions.ai have joined forces to streamline digital lending for mortgage advisers across Australia and New Zealand with AI-driven solutions.

Hyland partners with AWS to enhance its Content Innovation Cloud, boosting AI-driven content management and accelerating global enterprise adoption.

Mastercard will appoint Richard Wormald as Asia Pacific president in 2026, succeeding Ari Sarker who moves to an advisory role after a decade leading the region.

Wiise appoints Sullivan McIntyre as Chief Product Officer to lead AI-driven ERP innovation for Australian and New Zealand SMBs.

Stefan Leitl returns to Melbourne as Cisco's new Vice President for Australia and New Zealand, bringing extensive global experience in IoT and digital transformation.

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

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