Financial Services stories
Cybersecurity group Wultra will use the funding to expand its digital identity platform as banks face rising AI-driven fraud and quantum risks.
It could simplify mixed HPC and AI estates, as pre-validated software now runs on ProLiant servers and shared systems gain tighter tenancy controls.
Banks could cut compliance review workloads by 77% as Smarsh rolls out AWS-backed AI tools that regulators can still audit.
The recognition boosts its credibility with banks and energy clients, as regulated industries demand AI tools that can be explained, controlled and audited.
The insurer is bolstering its Asia management as it pushes harder into data, automation and AI to improve underwriting and customer service.
Its founders say the consultancy has avoided redundancies and kept growth lean, even as demand for AI transformation rises across the region.
The funding will help banks and insurers automate lending, claims and onboarding while keeping AI decisions auditable and compliant.
Organisations with remote staff may gain tighter access controls, as the new network aims to curb stolen-credential breaches without redesigning systems.
Regulated sectors could gain tighter control of credentials as the pair combines software and hardware to cut vendor dependence.
Enterprises can now trace hidden AI components in code to meet growing audit and compliance demands as production use outpaces governance.
Small importers in New Zealand may get relief from cashflow strain as unsecured trade finance lets them pay overseas suppliers later.
Australia's new real estate rules will now be met by the network, after offices finished anti-money laundering preparation three weeks early.
False negatives from automated scanning tools are fuelling a shift towards human-led AI security testing across large organisations.
The four UK regulators are moving generative AI into routine oversight, despite concerns over errors, bias and consumer harm.
Stolen credentials are fuelling fraud as attackers bypass ATO controls, exposing taxpayers and forcing tax agents to harden logins.
More than 1,100 assurance staff will use a single cloud audit platform as the firm pushes standardisation and AI-ready workflows.
The move strengthens the trade group's push for tighter standards as scrutiny of banking-as-a-service partnerships intensifies across the US financial sector.
The deal gives banks and telecoms a way to share fraud signals without pooling customer data, as AI-driven scams surge worldwide.
Customers could soon verify their age, address and identity through banking apps, as lenders test a voluntary check-sharing service to curb fraud.
Automated traffic now makes up more than half of web requests, pushing enterprises to adopt defences that work across AI agents and APIs.