Financial Services stories - Page 38

Backbase wins the 2025 Datos Impact Award for its AI-driven platform revolutionising wealth management with faster onboarding and personalised digital advice.

Interactive and Microsoft's enduring partnership drives real digital transformation, helping businesses innovate and modernise with trusted, collaborative solutions.

Revolut has launched an eight-week NZ campaign with All Blacks star Ardie Savea, highlighting its app's global finance features and ease of use.

Reflectiz has raised $22 million in Series B funding to expand its AI-driven web risk platform and establish a global HQ in Boston.

Banks are doubling AI budgets to 17% of IT spend by 2028, but only 20% have robust real-time data governance, reveals Tech Mahindra's global survey.

Fintech firms rush to adopt AI, with 65% using it despite cybersecurity lapses, highlighting the urgent need for robust guardrails to build trust and ensure safety.

Straker secures a NZD $28 million deal with IBM to expand AI translation services and co-develop specialised language models over three years.

Confluent's Tableflow now integrates with Delta Lake and Databricks Unity Catalog, enabling real-time analytics and AI with governed data across multicloud environments.

Confluent has launched Private Cloud, enabling organisations to securely deploy and manage real-time data streaming on private infrastructure with cloud-like agility.

Check Point and NVIDIA launch AI Cloud Protect, a security solution for AI infrastructure, securing enterprise AI without compromising performance.

ELMO Software appoints Anne Tosky as Global Chief People Officer to lead people strategy amid expansion in Australia, New Zealand and the UK.

Azul and ActiveViam have launched a solution that cuts cloud analytics costs by up to 50%, enhancing performance for financial firms handling large-scale data.

Canon Business Services ANZ expands its sales team with six hires to boost support and growth across Australia and New Zealand's technology sectors.

DDoS attacks have surged to record peaks of 3.7 Tbps, driven by automation and shifting geopolitical sources, targeting sectors like higher education globally.

Despite high confidence in ransomware readiness, 55% of ANZ firms struggle with slow recovery, lagging behind UK and US in rapid ransomware response.

IBM launches Digital Asset Haven, a secure blockchain platform for institutions, combining advanced custody features across 40+ blockchains from late 2025.

Talkdesk expands its partnership with Databricks to unify customer data, enhancing AI-driven automation and personalised experiences on its CXA platform.

Small businesses are remediating critical cyber vulnerabilities faster than larger firms amid rising AI-assisted cyber threats, reveals Intruder's 2025 report.

Rydoo leads Gartner's 2025 expense management report with a 95% user recommendation, thanks to its AI-powered software used by over 1 million customers globally.

Vectec has launched PIT-CHECK, a diagnostic suite offering executives clear insights and risk assessments to manage complex IT and cyber security challenges.