Financial Services stories
AI 'leaders' in finance rush to pilots but lack rules, data and governance to scale tools into core, high‑accountability workflows.
OpenLegacy debuts an AWS-integrated hub to modernise mainframes incrementally, enabling parallel legacy-cloud operations with less risk.
New Relic will open its first Japan data centre in Tokyo in July 2026, targeting local data residency, latency and governance demands.
Legal AI specialist Harvey will open a Singapore office in June, deepening its APAC footprint and support for regional law firms and corporates.
Revolut secures full UK bank licence, pledging GBP £3 billion investment, 1,000 new jobs and a phased roll-out of FSCS-protected accounts.
ControlPlane launches enterprise support for OpenBao as IBM's USD $6.4 billion HashiCorp deal drives demand for open source Vault alternatives.
Appdome's new Threat-Memory tool stores on-device threat histories and AI scores to counter repeat mobile fraud and account takeovers.
Socotra launches embedded AI assistant in its Operations Workbench, promising faster, auditable underwriting across products and regions.
AI is speeding up shorter workdays but piling on more tasks, with rising collaboration, multitasking and weekend work, a study finds.
Anthropic will open a Sydney office within weeks, expanding its Asia-Pacific footprint and deepening AI partnerships in Australia and New Zealand.
Rackspace and Uniphore ally on sovereign agentic AI for regulated sectors, aiming for USD $100m in outcomes-based enterprise roll-outs.
DevRev to expand its Computer AI agent platform in India, debuting Agent Studio and Text2SQL tools to push enterprises beyond pilot projects.
Manulife taps Akka's runtime to harden and scale its beta enterprise agentic AI platform for regulated, business-critical workloads.
Jazz raises USD $61m to launch AI-led data loss prevention platform that slashes alert noise and targets higher-confidence risks.
KiwiSaver round-up app Feijoa has clinched the Audience Choice award at the Kiwibank Start Up Pitch Breakfast in Wellington.
Hitachi Vantara launches new AI-ready block and object storage in Singapore to unify data platforms as enterprises scale production AI.
LINE Plus launches ActEngine AI, an agent platform automating merchant support and sales, after big gains at Thailand's LINE MAN Wongnai.
Elula hires Andrew Phillips as chief revenue officer to drive sales, partnerships and growth across its expanding AI-led financial services push.
MATTR makes its VII digital credential platform available on AWS New Zealand, enabling local data residency and lower-latency identity services.
MANTL and MeridianLink are partnering to integrate digital loan applications with back-end origination, targeting banks and credit unions.