Financial institutions stories - Page 1
Fiji central bank leads push for stronger national cyber resilience
Today
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data protection
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ransomware
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digital transformation
The Reserve Bank of Fiji is spearheading efforts to enhance national cyber resilience amid rapid digital growth, urging collaboration between public and private sectors.
Backbase names Adrian McPhee CTO to lead global AI banking push
Today
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data analytics
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digital transformation
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fintech
Backbase appoints Adrian McPhee as CTO to spearhead its AI-powered banking platform, accelerating global digital transformation in the financial sector.
Xero acquires Melio for USD $2.5 billion to boost US growth
Today
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fintech
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commerce systems
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financial systems
Xero is set to acquire US payments platform Melio for USD $2.5 billion, boosting its North American growth and integrating payments with accounting solutions.
Quinn raises $11 million to boost AI-powered wealth advice
Yesterday
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paas
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fintech
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personalisation
Quinn, a New York fintech, secured $11m to launch AI-driven platform offering personalised wealth advice for financial institutions at scale.
FourTwoThree unveils global SME climate data platform with bank support
Yesterday
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hyperscale
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supply chain
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risk & compliance
FourTwoThree launches a global SME climate data platform supported by NatWest, NAB and SC Ventures to aid net zero transitions across supply chains.
Sumsub & Data Zoo partner to boost global fraud prevention
Yesterday
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fintech
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financial systems
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risk & compliance
Sumsub and Data Zoo have partnered to deliver enhanced global fraud prevention and compliance solutions for financial institutions across 170+ jurisdictions.
Canadians lose trust after data breaches, with AI seen as risky
Yesterday
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digital transformation
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biometrics
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advanced persistent threat protection
Nearly 8 in 10 Canadians would stop using a company after a data breach, with many seeing AI as a risk to their personal data and trust.
Digital transformation: How to go faster-without losing control
Yesterday
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digital transformation
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cx
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martech
Digital transformation is vital for survival, but businesses must balance rapid innovation with strong governance to avoid costly risks and stay competitive.
UK banks face rising fraud losses as organised crime outpaces them
Last week
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risk & compliance
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data privacy
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ai
UK banks face rising fraud losses up to GBP £40 million as criminals outpace detection despite growing use of behaviour-based analytics and increased tech spending.
AI deepfakes drive surge in cyberattacks, threatening trust online
Last week
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malware
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mdm
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phishing
AI-driven deepfakes fuel a rise in cyberattacks, tricking users with fake ads and video calls, risking billions in financial losses worldwide.
Thai organisations face surge in cyberattacks after border clash
Last week
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ddos
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cybersecurity
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threat intelligence
Cyberattacks on Thai organisations have surged following a deadly border clash with Cambodia, with hacktivist group AnonSecKh claiming dozens of attacks since March 2025.
CloudTech raises AUD $14 million to launch digital asset custody
This month
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encryption
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fintech
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risk & compliance
CloudTech Group raises AUD $14 million, largely in Bitcoin and USDT, to launch institutional digital asset custody and expand its blockchain platform.
KX & NVIDIA launch AI Banker Agent to boost global trading
This month
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data analytics
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rpa
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risk & compliance
KX and NVIDIA have launched the AI Banker Agent, an AI system designed to enhance real-time decision-making and client service in global trading markets.
Denodo earns Snowflake financial services competency
This month
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digital transformation
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martech
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cdp
Denodo has earned the Snowflake Financial Services Competency, recognising its expertise in secure data management for banking, capital markets, and insurance.
APAC financial sector faces 245% surge in DDoS attacks, report finds
This month
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firewalls
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ddos
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network security
Financial institutions in APAC faced a 245% surge in DDoS attacks last year, accounting for 38% of global incidents amid rising digital vulnerabilities.
Third-party cyber breaches surge 25% in Europe’s top banks
This month
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malware
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firewalls
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endpoint protection
Third-party cyber breaches at Europe’s top 100 banks surged 25% last year, exposing systemic weaknesses in their digital supply chains under rising regulation.
Snowflake to acquire Crunchy Data to enhance Postgres for AI
This month
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saas
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data analytics
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martech
Snowflake announces plans to buy Crunchy Data, aiming to enhance its AI Data Cloud with an enterprise-ready PostgreSQL platform for AI applications.
Lextech strengthens leadership to manage AUD $6 billion growth
This month
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fintech
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cfo
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cto
Lextech appoints David Hobley CTO and Theo Tragoudistakis CFO to support AUD $6 billion growth in mortgage processing and legal services in Australia.
Taurus & Parfin join forces to boost digital assets in Europe
Last month
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fintech
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blockchain
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cloud services
Taurus partners with Parfin to enhance digital asset custody and trading infrastructure, aiming to boost institutional adoption across Europe and Latin America.
FICO & AWS expand AI decision platform via marketplace
Last month
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data analytics
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digital transformation
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hyperscale
FICO and AWS have teamed up to expand global access to AI-driven decision workflows, now available via AWS Marketplace Private Offers.