Financial institutions stories - Page 1
Digital transformation: How to go faster-without losing control
Today
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digital transformation
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cx
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cybersecurity
Digital transformation is vital for survival, but businesses must balance rapid innovation with strong governance to avoid costly risks and stay competitive.
UK banks face rising fraud losses as organised crime outpaces them
Last week
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risk & compliance
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data privacy
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ai
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.
AI deepfakes drive surge in cyberattacks, threatening trust online
Last week
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malware
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mdm
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phishing
AI-driven deepfakes fuel a rise in cyberattacks, tricking users with fake ads and video calls, risking billions in financial losses worldwide.
Thai organisations face surge in cyberattacks after border clash
Last week
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ddos
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cybersecurity
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threat intelligence
Cyberattacks on Thai organisations have surged following a deadly border clash with Cambodia, with hacktivist group AnonSecKh claiming dozens of attacks since March 2025.
CloudTech raises AUD $14 million to launch digital asset custody
This month
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encryption
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fintech
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risk & compliance
CloudTech Group raises AUD $14 million, largely in Bitcoin and USDT, to launch institutional digital asset custody and expand its blockchain platform.
KX & NVIDIA launch AI Banker Agent to boost global trading
This month
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data analytics
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rpa
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risk & compliance
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 earns Snowflake financial services competency
This month
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digital transformation
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martech
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cdp
Denodo has earned the Snowflake Financial Services Competency, recognising its expertise in secure data management for banking, capital markets, and insurance.
APAC financial sector faces 245% surge in DDoS attacks, report finds
This month
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firewalls
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ddos
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network security
Financial institutions in APAC faced a 245% surge in DDoS attacks last year, accounting for 38% of global incidents amid rising digital vulnerabilities.
Third-party cyber breaches surge 25% in Europe’s top banks
This month
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malware
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firewalls
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endpoint protection
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.
Snowflake to acquire Crunchy Data to enhance Postgres for AI
This month
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saas
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data analytics
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martech
Snowflake announces plans to buy Crunchy Data, aiming to enhance its AI Data Cloud with an enterprise-ready PostgreSQL platform for AI applications.
Lextech strengthens leadership to manage AUD $6 billion growth
This month
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fintech
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cfo
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cto
Lextech appoints David Hobley CTO and Theo Tragoudistakis CFO to support AUD $6 billion growth in mortgage processing and legal services in Australia.
Taurus & Parfin join forces to boost digital assets in Europe
Last month
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fintech
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blockchain
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cloud services
Taurus partners with Parfin to enhance digital asset custody and trading infrastructure, aiming to boost institutional adoption across Europe and Latin America.
FICO & AWS expand AI decision platform via marketplace
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data analytics
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digital transformation
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hyperscale
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 AI agents for financial services
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digital transformation
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fintech
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cx
Salesforce launches Agentforce for Financial Services, offering AI agents to automate tasks and boost personalised client engagement in banks and insurers.
NextWave & Diffblue join forces to transform testing in finance
Last month
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devops
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financial systems
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apm
NextWave Consulting and Diffblue team up to revolutionise software testing for financial firms, tackling delays and boosting test coverage with AI technology.
BioCatch & The Knoble launch toolkit to bolster scam defences
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risk & compliance
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genai
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ai
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 top global threat, outpacing scams
Last month
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phishing
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physical security
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email security
First-party fraud now tops global cyberattacks, rising to 36% of cases in 2024, according to LexisNexis Risk Solutions’ Cybercrime Report.
BioCatch appoints Andreas Dombret to aid global expansion
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hyperscale
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fintech
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data privacy
BioCatch appoints Andreas Dombret as senior advisor to boost global growth and fight financial crime with innovative technology.
Extend launches open-source AI toolkit for smarter financial data
Last month
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data analytics
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fintech
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rpa
Extend launches open-source AI toolkit enabling businesses to enhance spend analysis and automate workflows via API integration with major AI frameworks.
Live AI interpretation bridges language gap at Consensus 2025
Last month
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fintech
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blockchain
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defi
Interprefy enhanced multilingual communication at CoinDesk Consensus 2025 in Hong Kong with AI-driven captions and live English-Mandarin interpretation for 500+ attendees.