Financial institutions Stories - Page 14

UK Stories

Financial institutions stories

UK finance faces legacy IT risks as Windows 10 support ends

UK finance firms face rising risks as Windows 10 support ends; 90% carry technical debt with legacy systems hindering innovation and security efforts.

By Shannon Williams • 3 min read • Wed, 15th Oct 2025

Partner Programmes

Cyberfort names Kathy Stokes Chief Revenue Officer for growth push

Cyberfort has named Kathy Stokes as Chief Revenue Officer to lead growth and expand its footprint in cyber security, cloud and colocation services.

By Jed Nykolle Harme • 2 min read • Wed, 15th Oct 2025

Financial institutions

UK credit card balances hit record high as payment rates decline

UK credit card balances hit a record GBP £1,915 in August 2025 as payment rates decline and financial stress grows among cardholders, reports FICO.

By Jed Nykolle Harme • 4 min read • Wed, 15th Oct 2025

Fintech

Swisscard extends FICO partnership to optimise credit limits with AI

Swisscard broadens its partnership with FICO to use AI-driven optimisation, enhancing credit limit management and customer experience in Switzerland.

By Sean Mitchell • 3 min read • Thu, 18th Sep 2025

Surveillance

eflow Global rolls out AI crypto surveillance & expands team

eflow Global launches AI-powered crypto surveillance in its TZTS platform and expands leadership amid rising regulatory scrutiny and client growth.

By Catherine Knowles • 3 min read • Fri, 12th Sep 2025

Global Stories

Financial institutions stories

Email Security

Global scam attempts jump 65% as banks tackle new fraud risks

Global scam attempts have surged 65% over the past year, with smishing rising tenfold as banks worldwide battle increasing fraud risks.

By Catherine Knowles • 4 min read • Thu, 16th Oct 2025

Data Analytics

Why it's vital to bring all of your customers on your CX transformation journey

Australian banks must use AI and personalised service to rebuild trust and enhance customer experience across all age groups and regions.

By Jeremy Thomas • 5 min read • Mon, 13th Oct 2025

Digital Transformation

Chainlink & major banks unite to cut $58 billion costs in global corporate actions

Chainlink and 24 major banks collaborate to reduce $58 billion global corporate actions costs, using AI and blockchain for real-time data sharing and automation.

By Catherine Knowles • 5 min read • Thu, 2nd Oct 2025

Wall Street

Report finds claims of US 'de-dollarisation' exaggerated, warns on AUD ties

A report finds claims of rapid US 'de-dollarisation' exaggerated, warning Australia faces risks due to heavy reliance on the US dollar amid biased global media.

By Shannon Williams • 4 min read • Wed, 1st Oct 2025

Fintech

The instant payments race is on, and Dwolla wants to be the orchestrator

Dwolla aims to unify instant payments via a single API across FedNow and RTP, simplifying real-time transactions for enterprises amid rapid market growth.

By Richard Black • 4 min read • Tue, 30th Sep 2025

EduTech

Kasia Hanson joins Alcatraz to drive strategic partnerships growth

Kasia Hanson joins Alcatraz as VP of Strategic Partnerships to boost growth across critical sectors with her 20+ years experience in security and AI.

By Jed Nykolle Harme • 3 min read • Wed, 24th Sep 2025

Amazon

ŌURA doubles revenue to USD $500 million as Oura Ring sales surge

ŌURA's Oura Ring sales surpass 5.5 million, doubling revenue to USD $500 million in 2024 with plans to reach USD $1 billion by 2025.

By Melvin Hipolito • 3 min read • Tue, 23rd Sep 2025

Hybrid Cloud

Krungsri enhances data strategy with Informatica for digital growth

Krungsri has partnered with Informatica to boost data governance and management, supporting its digital growth and serving over 19 million customers across ASEAN.

By Melvin Hipolito • 4 min read • Fri, 19th Sep 2025

Security Information and Event Management

How vulnerability management has become a boardroom issue

Vulnerability management is now a critical boardroom priority as Australian firms face tighter cyber regulations and rising digital threats requiring automated, proactive defence.

By Matthew Lowe • 4 min read • Mon, 15th Sep 2025

Digital Transformation

Cloudhouse launches Alchemy APS to help banks modernise quickly

Cloudhouse unveils Alchemy APS, enabling banks to swiftly modernise by packaging applications independently from legacy infrastructure, cutting costs and risks.

By Catherine Knowles • 3 min read • Fri, 12th Sep 2025

Digital Transformation

Australian consumers wary of AI, prefer human service touch

Research reveals Australian consumers prefer human customer service, with only 28% comfortable engaging with AI-powered support, citing trust and accuracy concerns.

By Melvin Hipolito • 4 min read • Tue, 9th Sep 2025

Stories from Other Regions

Financial institutions stories

Advanced Persistent Threat Protection

ANZ warns small businesses after AUD $84 million cyber losses

ANZ warns Australian small businesses to stay vigilant as scams cause AUD $84 million losses amid rising cybercrime threats in 2024.

By Catherine Knowles • 5 min read • Thu, 2nd Oct 2025

Data Analytics

Machine learning boosts credit access & profitability in Australia

Machine Learning boosts credit access and profitability in Australia, with 96% of firms noting better SME loan acceptance and improved bad debt rates.

By Catherine Knowles • 4 min read • Wed, 24th Sep 2025