TechDay Australia - Australia's technology news network

Financial institutions stories

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FICO & AWS expand AI decision platform via marketplace
2 days ago
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data analytics
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digital transformation
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hyperscale
FICO and AWS have teamed up to expand global access to AI-driven decision workflows, now available via AWS Marketplace Private Offers.
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Salesforce launches Agentforce AI agents for financial services
Last week
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digital transformation
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fintech
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cx
Salesforce launches Agentforce for Financial Services, offering AI agents to automate tasks and boost personalised client engagement in banks and insurers.
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NextWave & Diffblue join forces to transform testing in finance
This month
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devops
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financial systems
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apm
NextWave Consulting and Diffblue team up to revolutionise software testing for financial firms, tackling delays and boosting test coverage with AI technology.
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BioCatch & The Knoble launch toolkit to bolster scam defences
This month
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risk & compliance
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genai
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ai
BioCatch and The Knoble have launched a toolkit to help banks quantify losses and build a business case for stronger authorised push payment scam prevention.
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First-party fraud now top global threat, outpacing scams
This month
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phishing
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physical security
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email security
First-party fraud now tops global cyberattacks, rising to 36% of cases in 2024, according to LexisNexis Risk Solutions’ Cybercrime Report.
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BioCatch appoints Andreas Dombret to aid global expansion
This month
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hyperscale
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fintech
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data privacy
BioCatch appoints Andreas Dombret as senior advisor to boost global growth and fight financial crime with innovative technology.
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Extend launches open-source AI toolkit for smarter financial data
This month
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data analytics
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fintech
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rpa
Extend launches open-source AI toolkit enabling businesses to enhance spend analysis and automate workflows via API integration with major AI frameworks.
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Live AI interpretation bridges language gap at Consensus 2025
This month
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fintech
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blockchain
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defi
Interprefy enhanced multilingual communication at CoinDesk Consensus 2025 in Hong Kong with AI-driven captions and live English-Mandarin interpretation for 500+ attendees.
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Singapore Election a hotbed for cyberactivity: Are businesses ready?
This month
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uc
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data protection
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ransomware
Singapore braces for increased cyber threats as General Election nears, with businesses urged to strengthen defences amid rising geopolitical tensions.
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Rayls launches Enygma for private transactions on Ethereum
This month
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blockchain
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defi
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cryptocurrency
Rayls launches Enygma, a compliance-ready privacy framework for Ethereum, enabling confidential transactions with optional auditor oversight and seamless integration.
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UK credit card balances & missed payments on the rise
Last month
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fintech
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credit card fraud
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financial institutions
FICO's UK report warns of rising first-party fraud amid financial strain, as average credit card balances grow and missed payments increase year-on-year.
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Backbase unveils AI platform to boost bank efficiency & growth
Last month
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fintech
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cx
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martech
Backbase launches AI-powered Banking Platform to boost banks' growth, automate tasks and improve efficiency amid legacy tech challenges globally.
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World Password Day highlights security trends, future shifts
Last month
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smartphones
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mfa
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phishing
World Password Day highlights the importance of strong, unique passwords and emerging passwordless technologies for enhanced security against cyber threats.
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Uno Digital Bank adopts new loan system to boost lending agility
Last month
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edutech
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fintech
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cx
Uno Digital Bank has adopted Pennant Technologies’ Loan Management System to streamline operations, boost flexibility, and enhance customer lending experiences.
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Meta1st rolls out AI features for stronger email security
Last month
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email security
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cybersecurity
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financial institutions
Meta1st upgrades its Analyse1st and Learn1st to enhance cyber risk defence and help financial firms comply with DORA, boosting real-time email threat detection.
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Study reveals rising cyber threats to financial industry
Last month
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malware
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ddos
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advanced persistent threat protection
A Radware study highlights alarming trends in cyber threats to the financial sector, revealing a surge in infostealer services and sophisticated OTP bots.
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Ripple acquires Hidden Road for USD $1.25 billion deal
Last month
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blockchain
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cryptocurrency
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financial institutions
Ripple has announced the acquisition of Hidden Road for USD $1.25 billion, making it the first crypto firm to manage a global multi-asset prime broker.
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Cyberattacks expose vulnerabilities in Aussie super funds
Last month
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data protection
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mfa
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cybersecurity
A series of cyberattacks on Australia's superannuation funds has exposed critical cybersecurity vulnerabilities, sparking urgent national security concerns.
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LDA Technologies unveils NeoTap X for capital markets
Last month
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financial institutions
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fpga
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low latency
LDA Technologies has unveiled NeoTap X, an advanced solution for timestamping and tap aggregation in capital markets, featuring 100G capabilities and high-speed processing.
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Revolut report highlights surge in Telegram, WhatsApp scams
Last month
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email security
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cybersecurity
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whatsapp
Revolut's latest report reveals Meta platforms are the primary source of scams affecting consumers, with reported cases rising significantly in Australia and globally.