Financial Services stories

UK payment and betting firms warned to brace for surge in regret-driven card disputes in wake of late-night Super Bowl wagering.

Cowbell and Zurich roll out Prime One cyber cover for Australian SMEs, targeting firms up to AUD $100 million turnover with rapid broker access.

Openmarkets adds two non-executive directors and a new CFO to bolster governance and growth plans ahead of its proposed Nasdaq listing.

Indosat’s AI spam shield blocked 2bn risky contacts in six months, averting scam losses of about USD $500m for Indonesian users.

Revolut passes 1m Australian customers and vows nearly AUD $400m investment, stepping up its challenge to local digital banking rivals.

Logicalis Australia launches Technology Assurance Services to help regulated sectors meet CPS 230-era resilience and third-party risk demands.

Guardsquare snaps up Verimatrix’s XTD tech, adding real-time mobile threat detection and response to its end-to-end app security platform.

Bank ABC shifts ila Bank onto Temenos core on AWS in Bahrain, kicking off a wider cloud-led core banking transformation programme.

Grab Finance taps FICO data tech to automate credit checks across six Southeast Asian markets and boost eligibility by nearly 50%.

SAS Viya has been named a Leader in Gartner’s first Magic Quadrant for Decision Intelligence Platforms, citing strong AI and governance strengths.

Commonwealth Bank unveils a responsible AI blueprint, detailing governance, safeguards and fraud controls as scrutiny of automation grows.

Empathetic AI unveils ‘finance-grade’ agents and a Luna tax copilot, promising explainable, audit-ready automation for accounting teams.

Kocho partners with Zadara for a sovereign AI cloud platform, curbing VMware reliance and scaling Microsoft-aligned, multi-tenant services.

Omnissa launches annual awards spotlighting customer-led innovation in digital workspaces across healthcare, government, travel and finance.

Gartner names Komodor a Representative Vendor in its AI SRE tooling guide, as it predicts 85% of enterprises will adopt such tools by 2029.

Fico says by 2026 banking AI will be standard infrastructure, heightening fraud risks and putting CIOs and human cyber oversight centre stage.

New research warns that nearly half of over 3 million AI agents in US and UK firms run ungoverned, exposing data and systems to rising risks.

Financial firms see strong AI returns but Riverbed survey shows most projects stall in pilots, held back by data quality and tool sprawl.

Multiverse Computing’s quantum finance paper passes 1,000 citations, cementing its software-led approach as a rare standout beyond hardware.

ANZ deploys AI-powered Salesforce CRM across business bank, promising faster service, streamlined workflows and time savings for frontline staff.