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Financial Services Stories - Page 5

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Financial Services stories

Compliance teams become AI verification layer in insurance
Digital Transformation

Compliance teams become AI verification layer in insurance

Insurers risk costly errors if AI outputs are not checked for accuracy before they reach claims, pricing and underwriting decisions.

By Joseph Gabriel Lagonsin • 4 min read • Last week
SBS launches AI foundation for banks on existing systems
Software-as-a-Service

SBS launches AI foundation for banks on existing systems

The rollout could help more than 1,500 institutions use generative AI on trusted in-house data without disrupting core banking operations.

By Karen Joy Bacudo • 3 min read • Last week
Conifers opens Singapore data region for Asia-Pacific
Data Protection

Conifers opens Singapore data region for Asia-Pacific

Asia-Pacific security teams can now keep regulated data in Singapore as Conifers expands its CognitiveSOC platform across the region.

By Mark Tarre • 4 min read • Last week
Financial services breach risk rises as AI adoption surges
Malware

Financial services breach risk rises as AI adoption surges

Breaches are hitting lenders harder as AI adoption speeds up, with 98 per cent of affected firms saying the impact was material.

By Sean Mitchell • 4 min read • Last week
AI is rewriting the rules of dealmaking
Software-as-a-Service

AI is rewriting the rules of dealmaking

Deal teams are using generative AI to cut review times and surface risks in seconds, but trust and traceability remain critical.

By Justin Smith • 4 min read • Last week
'That's the wrong right idea!' is the smartest thing a lawyer can say
Digital Transformation

'That's the wrong right idea!' is the smartest thing a lawyer can say

AI is making clients better informed before they meet advisers, shifting the value of lawyers towards judgement, challenge and risk transfer.

By Jamie Ng • 4 min read • Last week
Findex names 41 senior partners across Australia & NZ
Orange

Findex names 41 senior partners across Australia & NZ

Most of the 41 promotions are in regional centres, as the firm seeks to strengthen local leadership amid a wider talent battle.

By Karen Joy Bacudo • 4 min read • Last week
Google tops Gartner's AI infrastructure magic quadrant
Semiconductors

Google tops Gartner's AI infrastructure magic quadrant

The ranking boosts Google Cloud's bid to win more AI infrastructure spend as firms look for cheaper, scalable systems for training and inference.

By Sean Mitchell • 4 min read • Last week
AI skills appear in 17% of GTM job ads, index finds
Software-as-a-Service

AI skills appear in 17% of GTM job ads, index finds

AI hiring is spreading unevenly across revenue teams, with senior roles and Sydney adverts most likely to mention the skill.

By Mark Tarre • 4 min read • Last week
IBM & Red Hat launch Lightwell for open source fixes
Cloud Security

IBM & Red Hat launch Lightwell for open source fixes

Enterprises can now patch older open source software without disruptive upgrades, as IBM and Red Hat target stubborn vulnerability backlogs.

By Mark Tarre • 5 min read • Last week
Australia & New Zealand phishing risk drops after training
Ransomware

Australia & New Zealand phishing risk drops after training

After a year of security awareness training, only 5.3% of workers in Australia and New Zealand were likely to engage with phishing attempts.

By Mark Tarre • 4 min read • Last week
V2 AI opens Singapore hub to expand across Asia-Pacific
Digital Transformation

V2 AI opens Singapore hub to expand across Asia-Pacific

The expansion positions the consultancy to tap rising demand from banks, utilities and government buyers seeking governed AI deployments across APAC.

By Sean Mitchell • 3 min read • Last week
ThetaRay appoints Santander veteran to strategy role
Fintech

ThetaRay appoints Santander veteran to strategy role

The hire brings Santander compliance expertise into ThetaRay as banks face tougher anti-money laundering oversight and demand proof their controls work.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Financial Services stories

Monzo launches automated debt consolidation with ClearScore
Fintech

Monzo launches automated debt consolidation with ClearScore

Automating repayments could ease strain for borrowers juggling multiple debts, as the bank aims to cut admin and improve approval odds.

By Karen Joy Bacudo • 5 min read • Last week
China cloud market turns to compliance & resilience
Data Protection

China cloud market turns to compliance & resilience

Regulation, resilience and AI are now shaping Chinese companies' cloud choices as hybrid models dominate and vendor risk rises.

By Sean Mitchell • 3 min read • Last week
Australian firms warned over AI brand visibility race
Software-as-a-Service

Australian firms warned over AI brand visibility race

Half of Australians now use generative AI, giving brands less than two years to shape how systems describe them to customers.

By Sean Mitchell • 5 min read • Last week
Confirmation of Payee passes 150 million checks in year
Data Protection

Confirmation of Payee passes 150 million checks in year

The name-checking service is now helping avert scam losses and mistaken payments, with more than 150 million checks completed in its first year.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Axos Financial buys Arc Technologies in digital push
Software-as-a-Service

Axos Financial buys Arc Technologies in digital push

The deal gives Axos a newer software platform to court underserved US small businesses and tech start-ups more effectively.

By Karen Joy Bacudo • 3 min read • Last week