Financial Services stories
TerraPay launches Xend, a global payments network linking wallets, banks and cards for seamless cross-border transactions with Swift integration.
Revolut's employee share sale values the fintech at $75 billion, with revenue up 72% to $4 billion and expansion into Mexico, Colombia, and India.
A global study reveals 52% of ransomware attacks strike during holidays, weekends, and major corporate events, exploiting reduced cybersecurity staffing.
AI-led cloud migration cuts banking downtime by 45%, boosts transaction reliability and halves migration timelines, easing regulatory concerns.
Link Financial Group partners with Afterburner AI to equip advisers with automation tools, cutting admin time drastically to boost client service delivery.
AI will transform B2B finance by 2030, replacing traditional integrations with smart agents that automate invoices, contracts and workflows, says Flywire expert.
cside wins three industry awards for pioneering client-side web security as browser-based threats rise, challenging traditional protections and compliance efforts.
Fintech firms in Australia, the UK and Singapore boost growth by adopting AI, real-time payments and ESG-focused strategies to thrive amid evolving markets.
Google Cloud has launched PanyaThAI to boost agentic AI adoption across Thai sectors, aiming to create USD $21bn in economic value by 2030.
Expert Tech CEO Pat Murphy highlights AI's key role in enhancing security and compliance for Australia's mutual banks amid rising cyber threats and cost pressures.
Secure data sharing via Consumer Data Right and Digital ID could streamline real estate processes, easing rental applications and boosting privacy in Australia's market.
KuCoin has secured AUSTRAC registration, expanding its regulated digital currency services and bolstering compliance for Australian users with a new Sydney base.
UK digital consultancy Waracle expands into Europe with the acquisition of Sofia-based HackSoft, boosting its workforce to 265 and enhancing tech expertise.
The future of finance hinges on interoperable payment systems that offer consumers seamless choice and reflect their everyday digital lives.
Willem Wellinghoff, Ecommpay's Chief Compliance Officer, has joined The Payments Association Advisory Board to enhance compliance and support industry growth in the UK.
Insurers must overhaul legacy systems and embrace AI-driven data to boost speed, transparency, and risk assessment in the evolving insurance landscape.
The finance sector is urged to support mature open source projects like XML libraries, crucial for banking but reliant on dwindling volunteer maintenance.
Australian financial firms must strengthen Salesforce backup and restore practices to meet APRA's new CPS 230 resilience standards effective July 2025.
Latino Community Credit Union, with over 140,000 members, adopts ReconArt's platform to automate reconciliation and enhance financial accuracy and compliance.
Kiteworks unveils Secure Data Forms, offering FedRAMP High Ready-certified web forms with zero-trust security and strict data residency controls for regulated sectors.