Financial Services stories
KAF Digital Bank onboards with Temenos SaaS in Malaysia
Today
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saas
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digital transformation
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fintech
KAF Digital Bank has begun onboarding customers on Temenos SaaS, launching Shariah-compliant digital banking powered by Microsoft Azure in Malaysia.
Short-term focus slows digital transformation for UK firms
Today
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digital transformation
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cybersecurity
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software development
One in five UK firms hamper digital transformation by prioritising short-term gains, delaying tech investments, and feeling pressure for quick ROI, says Crosstide.
UK credit card debt up as spending slows, missed payments rise
Yesterday
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credit risk
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predictive analytics
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fico
UK credit card debt rises as spending drops 6.8%, with average balances hitting GBP £1,845 and missed payments surging 23% in March 2025.
Airwallex appoints board as ADI licence bid nears after USD $300 million funding
Yesterday
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fintech
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investment
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airwallex
Airwallex appoints a new board for its SVF unit as it nears an ADI licence in Australia, following a USD $300 million funding round valuing the company at USD $6.2 billion.
Commonwealth Bank completes major AWS data migration for AI push
2 days ago
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data analytics
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digital transformation
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hyperscale
Commonwealth Bank has completed one of the Southern Hemisphere's largest AWS data migrations, boosting its AI capabilities with 2,000 models and 157bn data points.
Tata enhances Asia data links with TGN-IA2 submarine cable
2 days ago
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digital transformation
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iot
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supply chain & logistics
Tata Communications integrates the TGN-IA2 submarine cable, boosting high-capacity, low-latency data links across Asia for enterprises and hyperscalers.
The Evolution Platform: Empowering businesses to thrive in a dynamic digital world
2 days ago
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firewalls
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network infrastructure
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digital transformation
Orange Business launches the Evolution Platform, reducing network costs up to 60% and enabling seamless digital transformation for global enterprises.
SYSPRO appoints Mathias Høyer as Chief Financial Officer
3 days ago
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partner programmes
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supply chain & logistics
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ipo
SYSPRO appoints Mathias Høyer as CFO to lead global finance during growth, leveraging his extensive experience in tech-focused financial strategy and transformation.
Smartsheet & PwC UK partner to drive enterprise transformation
3 days ago
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devops
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digital transformation
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apm
Smartsheet teams up with PwC UK to enhance enterprise transformation in public sector and finance using AI-driven work management solutions.
HPE unveils next-gen Nonstop Compute for mission-critical work
3 days ago
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digital transformation
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hyperscale
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mfa
HPE launches NS5 X5 and NS9 X5 Nonstop Compute platforms, boosting performance and uptime for mission-critical sectors like finance and manufacturing.
Paragon acquires Service Graphics to expand marketing services
4 days ago
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saas
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cx
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martech
Paragon has acquired UK-based Service Graphics, enhancing its marketing services with brand activations, large format displays, and on-demand print expertise.
Lextech strengthens leadership to manage AUD $6 billion growth
4 days ago
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fintech
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cfo
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cto
Lextech appoints David Hobley CTO and Theo Tragoudistakis CFO to support AUD $6 billion growth in mortgage processing and legal services in Australia.
Elastic & AWS partner to enable secure generative AI apps
4 days ago
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data protection
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digital transformation
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hyperscale
Elastic partners with AWS in a five-year deal to help organisations build secure generative AI applications, targeting highly regulated sectors like finance and public services.
Griffin unveils MCP Server to boost AI agents in banking
Last week
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fintech
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api
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agentic ai
Griffin has launched its MCP Server, enabling AI agents to open accounts, make payments and analyse transactions within banking systems securely.
APJ region accelerates AI adoption as Dell rolls out new innovations
Last week
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network infrastructure
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digital transformation
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hyperscale
Dell leads AI innovation surge in Asia Pacific and Japan, unveiling new tech and partnerships to drive adoption across industries and scale AI solutions.
TXP acquires Metatech to boost Gen legacy IT modernisation
Last week
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digital transformation
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it automation
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partner programmes
TXP has acquired Newcastle-based Metatech to enhance its IT automation expertise in Gen legacy system modernisation across multiple sectors globally.
Calls for review as TISA urges FCA to simplify disclosures
Last week
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financial literacy
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fca
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financial services
TISA urges the FCA to simplify consumer disclosures for investments, calling current rules confusing and advocating clearer, unified information.
Fundbox rebrands to power embedded finance for small business
Last week
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fintech
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api
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smb
Fundbox shifts from direct lending to embedding capital infrastructure in platforms, aiming to bridge the USD $2 trillion small business credit gap.
Aryza acquires Webio to boost AI in financial software suite
Last week
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saas
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fintech
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cx
Aryza has acquired conversational AI firm Webio to enhance its financial software with AI-driven features, aiming to lead in AI-powered credit and debt solutions.
Open banking boosted in New Zealand as major banks upgrade API
Last week
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fintech
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api
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data privacy
New Zealand's four largest banks have upgraded to Payment Initiation API v2.3, enabling flexible payments and lasting customer consent for open banking.