TechDay Australia - Australia's technology news network

Banking stories - Page 6

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Obin AI raises USD $7 million to power agentic finance

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Obin AI exits stealth with USD $7 million to build auditable AI agents for heavily regulated financial workflows and asset managers.
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OXIL urges safeguarding framework to curb online scams

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OXIL unveils a safeguarding-based blueprint to fight online scams, shifting responsibility from individuals to coordinated organisational action.
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Circles, Airwallex bring embedded finance to global telcos

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Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.
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Unlimited & Themis unveil AI tool for bank complaints

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Unlimited and Themis launch Complaints AI to help banks automate complaint analysis, spot emerging risks and meet tightening regulation.
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Mastercard to buy BVNK in USD $1.8 billion stablecoin push

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Mastercard to acquire stablecoin platform BVNK in a deal worth up to USD $1.8 billion, deepening its push into on-chain payments.
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PayPal expands PYUSD stablecoin to 70 global markets

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PayPal widens access to its PYUSD stablecoin, rolling it out to accounts in 70 markets to speed up and cut the cost of cross-border payments.
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3DiVi maps global face recognition lifecycle to 2026

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3DiVi charts a six-stage global face recognition lifecycle to 2026, showing regions split by regulation pace, infrastructure and politics.
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XConnect & SONIO team up to fight fraud in fintech

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XConnect links its mobile network fraud signals into SONIO's identity platform to tighten onboarding and compliance for fintech and gambling.
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NCS links agentic AI to NVIDIA stack for sovereign use

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NCS integrates its agentic AI platforms with NVIDIA AI Enterprise to deliver sovereign, production-grade AI for regulated sectors across Asia.
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Island brings secure AI-ready enterprise browser to ANZ

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Island launches a secure AI-ready enterprise browser in Australia and New Zealand as CIOs boost AI spend but fret over data governance.
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Workiva appoints Kristen Pimpini to lead APJ growth

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Workiva names Kristen “KP” Pimpini to spearhead APJ sales and operations, backing its AI-powered reporting push across key regional markets.
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Synechron unifies three Australian consultancies under one

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Synechron merges Chamonix IT, Exposé and iGreenData into a single Australian consultancy, unveiling a new national leadership team.
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AI lag puts Australian firms at risk of losing ground

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Australian firms' slow, piecemeal AI adoption risks wasted investment and lost ground to faster-moving global rivals, TP leaders warn.
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Oracle named IDC MarketScape leader in AI trade finance

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Oracle named IDC MarketScape leader for AI-enabled embedded trade finance apps, bolstering its position in bank trade digitisation.
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Revolut launches PayTo in Australia to fight bill shock

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Revolut rolls out PayTo in Australia, giving customers real-time control over recurring bills and subscriptions to help curb surprise charges.
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Visa expands Bridge partnership to boost SMB payments

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Visa widens Bridge tie-up to let more firms issue stablecoin-backed cards, targeting faster, more certain cross-border SMB payments.
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AI-fuelled crime drives illicit funds to $4.4 trillion

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AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
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Modern Treasury joins Mastercard crypto partner push

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Modern Treasury joins Mastercard's Crypto Partner Program to power fiat-crypto on/off-ramps and cross-border blockchain payment flows.
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Cryptio raises USD $45m to scale digital asset ERP tools

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Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.
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Finastra adds real-time AI fraud checks to payments

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Finastra is embedding FraudAverse's AI-driven fraud checks into its Financial Messaging platform to secure real-time global and instant payments.