TechDay Australia - Australia's technology news network

Financial Services stories

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.