Banking stories
AI-fuelled cybercrime will outpace human intuition by 2026, as deepfakes, emotional scams and synthetic identities erode online trust.
Australia and New Zealand lead global generative AI adoption with 92% of firms prioritising trust, governance and decision efficiency over cost savings.
Twilio predicts Asia Pacific customer service will face strict AI transparency rules and mandatory bot disclosures by 2026.
US banks tighten grip on AI patents in finance, with a small North American elite racing ahead as European rivals fall further behind.
F5 and NetApp are deepening their alliance to harden AI data pipelines with quantum-resistant encryption and higher S3 throughput.
Guidewire appoints Suresh Raman as APAC regional vice president to drive cloud and AI-led sales growth across key Asia Pacific markets.
V2 AI names cyber specialist Ian Nguyen as Partner to lead secure AI strategy amid rising demand from regulated industries across Asia Pacific.
A global NTT DATA study finds AI leaders are 2.5 times likelier to see double-digit revenue growth and triple the profit margins of peers.
US retailers face rising friendly fraud during Cyber Week as 77% of shoppers dispute charges via banks, threatening profits amid USD $43.7bn online spend.
Australia's banks face rising AI-driven scams, making robust human identity verification and phishing-resistant MFA critical to security.
FPT and SCSK are launching COBOL PARK in Japan to modernise ageing mainframes and avert the looming 2025 “digital cliff” risk.
AI-native, cloud-first networking is turning enterprise connectivity from a sunk cost into a strategic, measurable driver of financial value.
Castles Technology has opened a Melbourne hub as its Pacific headquarters, targeting fast-growing Android payments across Australia and NZ.
Festive-season cyber fraud is surging across India, with Karnataka alone reporting losses above INR ₹2,000 crores, experts warn.
Thirdfort adopts iProov biometrics to streamline UK property ID checks and combat AI-driven fraud in deals worth billions of GBP £1.6bn+.
AI-fuelled synthetic ID fraud is surging, set to cost firms USD $23 billion by 2025 and USD $58.3 billion by 2030 without stronger checks.
Block Earner links with Worldpay to let Australians fund accounts instantly and buy crypto via major cards and mobile wallets.
Digimune and MY CYBER GUARD have teamed up to launch an Australian identity protection service for households and small businesses.
Group-IB has launched a Cyber Fraud Intelligence Platform to help UK banks tackle GBP £600m fraud by securely sharing real-time risk signals while ensuring data privacy.
UK banks face rising AI-driven fraud in 2026 as criminals exploit gaps in regulation, prompting calls for urgent cross-sector action to protect consumers.