Financial institutions stories - Page 2

Australian banks report the region’s worst compliance screening disruption, as ageing systems and manual workloads strain checks and onboarding.

HCLTech moves to deepen its wealth management push with a deal to acquire Singapore-based consultancy Finergic, pending approval by 2026.

Urban tech investor 2150 closes second fund at EUR €210m, lifting total assets to EUR €500m to back climate-focused city technologies.

DXC weaves Ripple and Euronet tech into its Hogan core platform, adding digital asset custody and blockchain payments for banks.

AI compliance firm ThetaRay names ex-Symphony chief Brad Levy as CEO, tasking him with scaling its Cognitive AI platform globally.

Yubico warns EU financial firms that DORA-era resilience demands phish-resistant passkeys, not passwords and legacy MFA still rife in banks.

YAP Global appoints Otto Jacobsson as CEO, signalling expansion and a broader service mix as the crypto and digital assets sector matures.

SEON posts over 80% ARR growth, boosts API usage 250% and secures USD $80 million Series C to scale AI-powered fraud and AML platform.

Hayo upgrades its National Mobile Registry with real-time tools to detect SIM swap fraud, stolen phones and illegal devices on networks.

Alcatraz’s Rock X facial authentication system has completed live trials at Honolulu airport, boosting its pitch for staff and secure-area access.

ReliaQuest warns BaoLoader and trust-based lures are surging, as attackers ditch zero-days for social engineering and valid certificates.

STG completes S&P Global EDM and thinkFolio deal, folding EDM into Gresham while spinning thinkFolio out as a standalone portfolio firm.

Select ID becomes UK’s only dedicated identity orchestration network with DIATF status and ISO 27001, boosting reusable digital IDs for finance.

Agentic AI promises rapid software gains, but a recent Claude Code cyberattack shows how “double agents” can outpace unprepared developers.

StarHub secures its first CDP ‘A’ climate rating, as energy, renewables and supply chain reforms sharpen its decarbonisation strategy.

Unit4 marks 100th ERPx go-live, ramps up AI learning and security as more public and private sector customers move to its cloud ERP.

AI has shifted from experiment to existential need in European finance, with most leaders fearing profit loss or obsolescence if they lag.

Digital Asset predicts 2026 tipping point as institutions go on-chain, prioritising privacy, clear rules and routine stablecoin use.

Mphasis appoints tech and banking veteran Punit Sood as independent director to bolster its AI-led push into global finance clients.

India has surged into the global top tier for everyday crypto use, ranking ninth as stablecoin-driven payments and remittances gain ground.