Financial Services stories - Page 5

APAC banks face heavy manual compliance workloads as poor data quality and legacy systems stall AI adoption, survey respondents warn.

Illumio earns Gartner Customers’ Choice for network security microsegmentation, scoring 4.8 out of 5 with 98% willing to recommend.

NP Digital Australia posts record H2 2025 growth, winning 22 clients and lifting revenue over 25% on the back of an AI-first strategy.

Mastercard launches BIN Sponsor Plus in the UK, accrediting card sponsors to give fintechs a vetted route into issuing and payments at scale.

SCX.ai launches Australia’s first sovereign, eco-efficient AI node in Sydney, promising tenfold efficiency gains without water cooling.

Bitget taps Oliver Stauber to head its new Vienna-based EU hub as the crypto exchange gears up for the bloc’s MiCAR regime.

Cerillion names Greg Price as incoming CFO to replace Andrew Dickson, who will step down from the board in March 2026 after four years.

Lenders clinging to legacy payment rails are losing borrowers to fintechs that can approve, fund and collect on loans in near real time.

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

Google Cloud opens its first Bangkok region in a USD $1 billion Thailand push, promising AI growth, data residency and thousands of jobs.

Big banks and AI leaders signal they will layer new AI tools on top of, not instead of, core enterprise software systems.

Fingular taps Kilde for SGD $10m credit line to fund Southeast Asia expansion, ramping up Malaysia consumer lending under Tambadana.

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

Rackspace appoints Joseph Vito to spearhead global strategic alliances, bolstering its hybrid cloud and AI partnership ecosystem.

Glasgow cyber security provider Acumen Cyber appoints veteran strategist Derek Whigham to its board to steer UK growth and services.

Houlihan Lokey hires Mark Ward as Managing Director to expand European IT services coverage from its Manchester and London offices.

AI has shifted from hype to an everyday tool for accountants, reshaping workflows, client work and skills as agentic systems loom.

Hnry and Volley launch Scan to Pay using open banking, letting sole traders take QR code payments on the spot for a 35-cent flat fee.

Apadmi eyes 20% FY26 growth after posting GBP £30 million revenue, fuelled by fresh client wins and senior hires in Amsterdam and marketing.

Juspay raises USD $50m in follow-on funding led by WestBridge Capital, lifting the payments firm to a USD $1.2bn valuation.