Financial institutions stories
Australian banks must use AI and personalised service to rebuild trust and enhance customer experience across all age groups and regions.
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.
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.
Dwolla aims to unify instant payments via a single API across FedNow and RTP, simplifying real-time transactions for enterprises amid rapid market 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.
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.
Krungsri has partnered with Informatica to boost data governance and management, supporting its digital growth and serving over 19 million customers across ASEAN.
Vulnerability management is now a critical boardroom priority as Australian firms face tighter cyber regulations and rising digital threats requiring automated, proactive defence.
Cloudhouse unveils Alchemy APS, enabling banks to swiftly modernise by packaging applications independently from legacy infrastructure, cutting costs and risks.
Research reveals Australian consumers prefer human customer service, with only 28% comfortable engaging with AI-powered support, citing trust and accuracy concerns.
Financial leaders prioritise responsible AI standards over generative AI, seeing accountability as key to boosting ROI amid growing implementation challenges.
FICO has been named a category leader by Chartis Research for the fifth consecutive time in enterprise, payment fraud solutions and fraud platforms in 2025.
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.
ANZ warns Australian small businesses to stay vigilant as scams cause AUD $84 million losses amid rising cybercrime threats in 2024.
Machine Learning boosts credit access and profitability in Australia, with 96% of firms noting better SME loan acceptance and improved bad debt rates.
Swisscard broadens its partnership with FICO to use AI-driven optimisation, enhancing credit limit management and customer experience in Switzerland.
eflow Global launches AI-powered crypto surveillance in its TZTS platform and expands leadership amid rising regulatory scrutiny and client growth.
US money laundering cases rose 168% in H1 2025, with scams costing Americans USD $6.5 billion amid rising AI-driven fraud and stablecoin use.
Obita raises $10 million to expand its blockchain-based stablecoin payment network, enhancing low-cost, compliant cross-border settlements globally.
Card fraud losses in Europe rose to EUR €1,578 million in 2024, with the UK leading both total and Card Not Present fraud losses amid evolving crime tactics.