Financial Services stories

Deepfakes, new biometrics rules and AI agents are rewriting digital identity, forcing ANZ firms to treat KYC as core infrastructure.

AI is supercharging supply chain cyber attacks across Asia-Pacific, with Group-IB warning single hacks now threaten thousands of victims.

Intuit launches its AI-native Accountant Suite in Australia, promising to ease capacity strain and turn automation into a growth driver.

Xiid and Cytex join forces to fuse AI governance with zero trust access, targeting shrinking attack paths and stricter cyber regulation.

Leadership and communication top 2026 workplace learning as employees prioritise human and business skills alongside rising AI adoption.

Tailor Brands now lets founders open business bank accounts as they form US LLCs, promising faster launches and integrated money tools.

Aspia teams with Stelia to overhaul AI backbone, speeding real-time land intelligence from petabyte-scale satellite data for business use.

Data and AI firm Quantexa will move its global headquarters to The Delft on London’s South Bank when the new development completes in 2027.

Most organisations still cannot show pounds-and-pence returns on AI, with only 15% tracking its financial impact, a new report warns.

Synechron secures EcoVadis silver rating, placing it among the top 15% globally for sustainability across environment, ethics and labour.

Legal Brokers launches iDWallet app in the UK, promising faster biometric ID checks as sectors face tougher anti-money laundering demands.

Unlimit appoints Hong Kong-based Michele Fung as Asia-Pacific head to drive regional expansion in increasingly competitive payments markets.

Okta launches Agent Discovery to uncover and rein in shadow AI agents, mapping risky app access and tightening identity-based controls.

Young Australians lose over AUD $2.2 million as fake flexible job offers surge, with scammers recruiting money mules via texts and social media.

Atombeam and Trilliant team up to compress grid-edge data for AMI networks, promising faster, more secure smart meter traffic for utilities.

Peru’s largest microfinance lender Mibanco selects Temenos SaaS on Microsoft Azure to overhaul its core banking and speed digital services.

UK romance scam losses top GBP £106m as organised fraudsters exploit Valentine’s surge, with average victims losing more than GBP £11,000.

TISA urges the FCA to consumer-test pension transfer rule changes and align them with DWP rules to avoid delays and inconsistent outcomes.

New research finds 85% of firms trial AI but only 17% use it daily, with weak knowledge governance blamed for stalled adoption.

Paragon has acquired a majority stake in South Yorkshire outsourcing specialist Parseq from Parabellum, boosting its back-office and payments arm.