Financial Services stories - Page 38

DBS has been named the World's Best AI Bank, recognised for its innovation and responsible AI use across retail and corporate banking services.

Global banking AI spend is forecast to hit USD $67bn by 2028 as firms focus on responsible adoption to drive strategy, innovation and risk management.

Salesforce teams up with Stripe and OpenAI to launch AI-powered Instant Checkout, enhancing personalised shopping and speeding up online purchases for retailers.

By 2026, 79% of Asia Pacific firms plan to boost threat intelligence spending and adopt AI to tackle rising cyber threats and regulatory demands.

Salesforce and Anthropic have deepened their AI partnership to deliver secure, industry-specific tools for finance, healthcare, and other regulated sectors.

Appian has named Roboyo, WNS, Deloitte, Accenture, and Via Appia as winners of its 2025 APJ Partner Awards for excellence, innovation and growth in the region.

Rubrik has been named a Leader in the IDC MarketScape 2025 report for its advanced AI-driven cyber-recovery and identity resilience solutions.

AI deployment delays are increasing by up to 12 months as 75% of firms face data security breaches and accuracy issues, hindering progress globally.

Omnissa unveils Secure Access Suite in partnership with Google, strengthening browser-based protection for SaaS and web applications across industries.

A global shortage of cyber experts and rising AI use are driving cyber breach costs above USD $1 million for over half of organisations in 2024, says Fortinet.

GovWare 2025 in Singapore will unite over 13,000 global experts from 90+ countries to discuss digital trust, AI, and cybersecurity innovation in October.

A Flint Global report urges APAC policymakers to reform regulations and boost AI adoption in financial services for innovation and security gains.

Ecommpay teams up with humm to offer flexible finance up to GBP £3,000 for UK merchants, boosting sales in travel and high-value retail sectors.

Tata Communications unveils Voice AI platform for real-time, multilingual fintech chats, enhancing speed, security, and seamless automation in financial services.

Organisations using NiCE's AI-driven CXone Mpower platform report faster response times, better service quality, and improved staff efficiency across sectors.

New data shows Vietnam charges Kiwi travellers the highest ATM fees globally, with average third-party costs of 27.1% per withdrawal, the biggest worldwide.

Enterprises using Hitachi Vantara's VSP One reported a 285% ROI and USD $1.1 million value, with benefits realised in just seven months, says Forrester.

Elemental Concept has appointed Chris Mitchell as Managing Director APAC to drive its expansion and digital transformation services across the Asia-Pacific region.

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.

Enterprises investing USD $5.4m yearly in AI see higher ROI when mature adopters focus on secure, well-governed information management.