Financial Services stories
Revolut now allows Australian customers to send instant money transfers to China via Alipay, enhancing convenience and reducing costs for remittances.
Ebury launches a mobile app enabling SMEs to manage international payments and FX on the go, offering real-time rates for over 130 currencies.
Sama has launched Bulk Annotation, boosting AI labelling speed by 80% and cutting inconsistencies by 25% through collective data annotation.
Sber launches dual-screen ATMs across Russia featuring AI assistance and rapid health checks covering 10 indicators, debuting from December.
Smarsh partners with Google to archive encrypted RCS messages on Android, helping regulated firms ensure compliance with modern communication standards.
ThetaRay's AI modules for AML and sanctions screening have gained key validation from Kaufman Rossin, aiding compliance with evolving US and EU regulations.
OpenText and Google have teamed up to offer AI-driven, sovereign cloud tools enhancing data security and compliance for finance, insurance, and retail sectors.
CloudSEK partners with Dubai's Seed Group to offer AI-driven cybersecurity tools across the GCC, marking a key expansion into the Middle East market.
Australian eyewear retailers Specsavers and OPSM top customer service rankings, while Bendigo Bank leads non-retail brands in KPMG's CX excellence study.
Auckland's MyRepsoft has launched an AI platform that automates financial data entry, cutting labour costs and boosting efficiency by 85% for enterprises.
Aspire launches AspireOS, a modular AI-powered platform helping banks modernise SME business banking without replacing core systems.
Entersekt launches Orkestrate API, helping banks cut fraud risk worth USD $40 billion by simplifying digital authentication with a single integration.
UK wealth managers risk losing GBP £90 billion as millions move assets abroad amid rising demands for digital services and generational wealth shifts.
Calero wins two 2025 CODiE Awards for Best IT Management and Financial & Market Data Solutions, marking its sixth win since 2020.
UK firms could regain nine sick days per worker by 2030 through upgraded connected technology, boosting productivity in retail, finance and healthcare sectors.
In 2026, traditional banks will face fierce competition from neobanks, rising fraud risks, and new ISO 20022 rules, forcing urgent modernisation or loss of customers.
PwC partners with Multiverse Computing to enhance AI efficiency and security, using CompactifAI for faster, greener, and more secure AI deployments across industries.
Mainframe Shield, a new not-for-profit mainframe security community, has launched in the USA to foster collaboration amid rising cyberattack costs.
Tokenovate has bolstered its senior engineering team with four key hires to enhance digital settlement and meet rising client demand ahead of T+1 settlement in 2027.
UK finance teams face slow expense claim approvals and vague submissions, with 27% taking over a month and GBP £60 million in claims analysed.