Financial Services stories
Digital payments, AI and open banking are set to propel the sector to USD $1,533.29 billion by 2034, the report says.
Enterprises can now deploy quantum-safe signing in production as Cloud KMS adds post-quantum algorithms for sensitive records and transactions.
Most firms are still unprepared for quantum attacks, with only 7% deploying quantum-safe cryptography across most digital certificates.
European firms facing tighter rules and AI-driven attacks will get a locally hosted security service that keeps data in Germany.
The funding lifts the Spanish AI firm to a USD $1.7 billion valuation as demand grows for cheaper, lower-energy model deployment.
The expansion signals Cognizant's push to turn AI trials into production work for clients amid tighter scrutiny of governance and risk.
New licensing rules mean BNPL providers must verify identities and addresses more accurately or risk fraud losses and compliance breaches.
Expansion in Australia and New Zealand is expected to deepen Qualys' managed risk services push as it adds four local hires.
Australian firms seeking local cloud hosting will gain more options as Hyve opens live data centre capacity in Sydney and Melbourne.
Banks could cut onboarding and compliance workloads as Fenergo's Fen-AI ties every AI action to a full audit trail for regulators.
Businesses may see credit card rewards shrink as the Reserve Bank of Australia's surcharge ban and lower fees prompt banks to trim offers.
Singapore retail investors get broader access to Asian and thematic funds as demand shifts towards technology and diversification.
A broad industry push aims to give cyber defenders shared tools for spotting AI flaws, as regulators weigh whether open models raise new risks.
The hire is aimed at accelerating AI product development and strengthening governance as Zingtree targets regulated customer service operations.
Severe arrears are deepening among vulnerable borrowers, even as post-Easter spending fell and repayments ticked higher in May.
Banks are moving AI into live, regulated systems, putting pressure on software vendors to prove every instruction is authorised and auditable.
The Grantham-based affordability technology provider is expanding beyond its Embark platform as it targets more clients and stronger customer support.
Banks and insurers face a gap between the plan's broad AI aims and the controls needed to satisfy compliance and audit demands.
Banks are adopting stablecoins, tokenisation and digital custody as crypto's ideas quietly reshape payments, settlement and asset transfer.
Organisations seeking tidier shared desks may adopt a keyboard-integrated PC that supports four 4K displays and local AI tasks.