Banking stories - Page 1

APRA's new rules make boards in Australia’s financial sector directly accountable for robust data governance and cyber risk management amid rising threats.

Figma will offer data residency in Australia by late 2025 and launch Governance+ security tools to boost compliance for enterprises locally.

Wise urges New Zealand MPs to end NZD $667m annual losses from hidden foreign exchange fees by enforcing transparency in bank currency conversion costs.

BioCatch has launched Scams360 to help UK banks cut social engineering scam losses, which reached £450 million in 2024, using advanced behavioural biometrics.

Gresham appoints Hayley Zhu as Sales Director to drive growth and lead strategy across Asia-Pacific’s evolving financial technology landscape.

Exactly.com now offers MB WAY and Multibanco payment options to help UK eCommerce firms meet Portuguese consumer preferences and boost sales locally.

A new study reveals AI is evolving from an adviser to a core architect in enterprise decision-making, enhancing transparency and accountability across sectors.

Paydibs now directly processes FPX transactions via PayNet, boosting Malaysian merchants' payment efficiency, control, and faster fund access.

A Black Kite report reveals most third-party vendors in finance show major cyber security flaws, posing serious risks despite fewer direct attacks on institutions.

TCS reported USD $7,421m revenue in Q1 FY26, highlighting gains in AI and cybersecurity despite a slight year-on-year revenue decline.

New Zealand’s government forms 'Anti-Scam Alliance' with banks, police and tech firms to tackle online scams through real-time data sharing.

Celonis and Bright Cape launch Smart KYC Control Tower app to help financial firms cut costs, boost compliance and improve customer experience in KYC processes.

Appian has been named on FinTech Global’s 2025 AIFinTech100 list for pioneering AI-driven solutions that transform banking, compliance and financial services workflows.

Endava appoints Alastair Lukies as Chief Engagement Officer and Rob Machin as Chief People and Locations Officer to boost AI-led growth and global engagement.

IDnow and Keyless have partnered to enhance digital identity checks by combining biometric authentication with identity verification, bolstering security and privacy.

LRN has earned global accreditations for its financial services compliance courses from CISI, IBF Singapore and The CPD Certification Service.

Motorhome Republic now offers PayTo for instant bank transfers in Australia, helping customers avoid card fees and speed up motorhome rental payments.

Sumsub enhances fraud defence by integrating Fingerprint's device intelligence, offering real-time threat detection without complicating genuine user access.

Nimbl predicts AI will create new job roles and growth, transforming the workforce with personalised services rather than causing redundancies.

Cybersecurity leaders in APAC must blend technical skills with business insight to align cyber risks with enterprise goals, says Check Point’s Jayant Dave.