Financial Services stories
Businesses face tighter reporting and new rules as ministers move to overhaul cyber security, AI oversight and digital identity regulation.
Banks in tightly regulated markets will get help modernising systems without surrendering data control, compliance or operational resilience.
Rising AI spend and a modular rebuild are set to reshape Iress' wealth software as it names a new Group Chief Technology Officer.
Households could be losing hundreds of millions in interest as bonus savings rates vanish when monthly conditions are missed.
Enterprises adopting AI will get new tools to assess model behaviour as ITC Infotech adds LayerLens' Stratix platform to its testing suite.
Tighter EU compliance rules are driving demand for access controls as the security supplier expands its regional sales push across Western Europe.
The hire signals a fresh push to win corporate spending on AI customer service tools as Crescendo scales across Europe, the Middle East and Africa.
Existing customers can now get AI-assisted threat hunting and response without extra cost, as attacks are moving faster than manual investigations.
AI systems and social engineering tests proved especially risky, as CyberCX found severe weaknesses in half and 77% of cases respectively.
The funding will help the cyber security start-up expand in Japan and Europe as it pushes AI tools to cut investigation times and false positives.
Tokenised assets could widen market access for smaller investors as India weighs rules for a projected USD $1 trillion fintech economy.
Asset managers can now cut manual checks and duplicated data as onboarding, KYC and fund subscriptions move into one digital workflow.
Uncertainty over planned capital gains tax changes could deter startup funding and prompt founders, investors and talent to leave Australia.
About 85,000 TelstraSuper members have been transferred into Aware Super, creating a fund with about 1.3 million members and AUD $235 billion.
The Malaysian site is part of AUD $1 billion of investment and gives NEXTDC a base for AI and cloud customers across Southeast Asia.
The recognition boosts Atturra's data and integration push as it expands into North America and Greater China, with Boomi backing its customer results.
The deal aims to speed routine legal and compliance work for private capital firms by linking it to fund administration and portfolio data.
AI skills are pushing up salaries across Australian workplaces, with employers struggling to price talent amid fierce competition.
Property firms face tighter anti-money laundering checks as PEXA Clear expands into home building, real estate and advisory businesses.
Despite welcome AI funding, tech leaders say small firms still lack the cyber defences needed to adopt new tools safely.