Financial Services stories - Page 2

Australian legacy firms in banking, insurance and accounting are turning vast data troves into a new competitive edge through modern digital systems.

Acuity Knowledge Partners rebrands as Acuity Analytics, expanding AI and data services to support over 800 clients with advanced tech and human expertise.

LexisNexis has upgraded its IDVerse platform with advanced deepfake detection and unified fraud controls, improving security and user experience globally.

The Aisuru botnet has caused a 54% surge in DDoS attacks, driving record highs in volume and targeting sectors from AI to automotive worldwide in Q3 2025.

PagerDuty has earned the AWS Resilience Services Competency, proving its software aids firms in keeping critical systems operational and recovering fast from failures.

Fintech platform Flex raises USD $60 million to expand its AI-driven banking and personal finance services for middle-market business owners.

Michaela O'Connor has been appointed Chief Growth Officer at Symcor to lead sales, marketing, and strategy, driving the company’s expansion and innovation.

Edinburgh-based AI consultancy Optima Partners has secured fresh investment from Growth Capital Partners to expand its UK and European operations.

Ataccama names Andrea Eaton as Chief Marketing Officer to expand its data trust platform amid growing AI adoption and regulatory demands in finance and insurance.

Pytilia has tripled its Belfast HQ space to support growth, boosting its 50-strong team and exporting 90% of its tech services worldwide.

Compliance breaches by insurance brokers surged, with $3.7M in penalties; JAVLN offers a 10-minute scorecard to simplify audit readiness and documentation.

A survey reveals most cybersecurity pros see AI as a tool to aid their work amid rising breaches and a global shortfall of 4.7 million security experts.

AWS has honoured top Australia and New Zealand partners like HCLTech and TechnologyOne for excellence in cloud and AI innovation at its 2025 Partner Awards.

Snowflake and Anthropic partner in a USD $200m deal to embed Claude AI agents in enterprise data platforms, enhancing secure, multi-step data analysis.

By 2026, Australian organisations will prioritise digital sovereignty and distributed AI, reshaping cloud strategies to boost security and resilience amid rising AI-driven threats.

Ransomware attacks cost Australian organisations AUD $42 billion annually, urging a shift from prevention to pragmatic cyber resilience amid rising threats.

DDoS attacks targeting AI firms surged 347% in Sept 2025 amid rising public scrutiny and regulatory concerns in the UK.

Wasabi Technologies launches Covert Copy, a free hidden backup feature shielding data from cyberattacks for healthcare, finance and public sectors.

Australia's SME sector posts strongest half-year growth since 2023, driven by digital adoption and productivity, nearing pre-pandemic output levels.

Accenture partners with OpenAI to provide ChatGPT Enterprise to its workforce, boosting AI adoption and accelerating business transformation across industries.