Financial institutions stories
AI-driven deepfakes fuel a rise in cyberattacks, tricking users with fake ads and video calls, risking billions in financial losses worldwide.
Cyberattacks on Thai organisations have surged following a deadly border clash with Cambodia, with hacktivist group AnonSecKh claiming dozens of attacks since March 2025.
KX and NVIDIA have launched the AI Banker Agent, an AI system designed to enhance real-time decision-making and client service in global trading markets.
Denodo has earned the Snowflake Financial Services Competency, recognising its expertise in secure data management for banking, capital markets, and insurance.
Financial institutions in APAC faced a 245% surge in DDoS attacks last year, accounting for 38% of global incidents amid rising digital vulnerabilities.
Snowflake announces plans to buy Crunchy Data, aiming to enhance its AI Data Cloud with an enterprise-ready PostgreSQL platform for AI applications.
FICO and AWS have teamed up to expand global access to AI-driven decision workflows, now available via AWS Marketplace Private Offers.
Salesforce launches Agentforce for Financial Services, offering AI agents to automate tasks and boost personalised client engagement in banks and insurers.
BioCatch and The Knoble have launched a toolkit to help banks quantify losses and build a business case for stronger authorised push payment scam prevention.
First-party fraud now tops global cyberattacks, rising to 36% of cases in 2024, according to LexisNexis Risk Solutions' Cybercrime Report.
Extend launches open-source AI toolkit enabling businesses to enhance spend analysis and automate workflows via API integration with major AI frameworks.
Interprefy enhanced multilingual communication at CoinDesk Consensus 2025 in Hong Kong with AI-driven captions and live English-Mandarin interpretation for 500+ attendees.
UK banks face rising fraud losses up to GBP £40 million as criminals outpace detection despite growing use of behaviour-based analytics and increased tech spending.
CloudTech Group raises AUD $14 million, largely in Bitcoin and USDT, to launch institutional digital asset custody and expand its blockchain platform.
Third-party cyber breaches at Europe's top 100 banks surged 25% last year, exposing systemic weaknesses in their digital supply chains under rising regulation.
Lextech appoints David Hobley CTO and Theo Tragoudistakis CFO to support AUD $6 billion growth in mortgage processing and legal services in Australia.
Taurus partners with Parfin to enhance digital asset custody and trading infrastructure, aiming to boost institutional adoption across Europe and Latin America.
NextWave Consulting and Diffblue team up to revolutionise software testing for financial firms, tackling delays and boosting test coverage with AI technology.
BioCatch appoints Andreas Dombret as senior advisor to boost global growth and fight financial crime with innovative technology.
Singapore braces for increased cyber threats as General Election nears, with businesses urged to strengthen defences amid rising geopolitical tensions.