Banking stories

Digital outages cost Australians AUD $5.3bn annually, eroding trust in telcos, banks and airlines as consumers seek more reliable alternatives.

Cogo launches a new tool in the UK, Australia and New Zealand to help homes and vehicles cut energy costs with personalised efficiency advice.

Cloudera upgrades its AI services to enable secure, GPU-accelerated generative AI apps within enterprise data centres, enhancing control and reducing costs.

Bank Negara Indonesia partners with Cloudera to deploy AI-powered banking services securely, meeting Indonesia's strict regulatory and data sovereignty requirements.

Cloudera launches an on-premises AI platform allowing enterprises to deploy generative AI securely within their own data centres, enhancing control and compliance.

Australian banks are racing to fully adopt biometric banking, offering enhanced security and convenience through facial recognition and fingerprint technology.

Auckland’s Dosh teams up with Visa and Pismo to accelerate its digital banking platform, aiming to become New Zealand’s first fully digital local bank.

Interac appoints Anuj Dhall as Group Head, Technology & Operations to lead tech modernisation and enhance secure digital payments in Canada.

Mambu launches enhanced Islamic banking tools to help banks across APAC and MEA scale Shari'ah-compliant products as assets near USD $3.8 trillion by 2025.

Datadog has named Roz Gregory as Regional Vice President for Australia and New Zealand, aiming to boost enterprise growth and customer support.

Digimune and ViaCarte partner to launch Identicate, a cyber protection platform offering Australian banks real-time identity theft alerts and financial fraud cover.

Coinme expands cash-to-crypto service to over 50,000 US retail locations, offering low fees and easy access for cash-preferred and unbanked consumers.

An Australian report warns the rise of multi-agent AI systems brings new risks, urging firms to adopt fresh risk management strategies beyond single-agent methods.

Curtin University and Cisco extend Innovation Central partnership to Singapore, boosting regional collaboration in AI, cybersecurity and digital health innovation.

UK public sector hotlines now cause more caller frustration over hold times than banks, with healthcare and government services topping the list, says new survey.

APRA's new rules make boards in Australia’s financial sector directly accountable for robust data governance and cyber risk management amid rising threats.

Figma will offer data residency in Australia by late 2025 and launch Governance+ security tools to boost compliance for enterprises locally.

Wise urges New Zealand MPs to end NZD $667m annual losses from hidden foreign exchange fees by enforcing transparency in bank currency conversion costs.

BioCatch has launched Scams360 to help UK banks cut social engineering scam losses, which reached £450 million in 2024, using advanced behavioural biometrics.

Gresham appoints Hayley Zhu as Sales Director to drive growth and lead strategy across Asia-Pacific’s evolving financial technology landscape.