Banking Stories

Australian Stories

Banking stories

OpenDebt raises AUD $2 million to expand AI debt recovery

The funding will help the Sydney start-up reach more lenders as it targets overdue debts that are too small or costly to chase manually.

By Karen Joy Bacudo • 6 min read • Today

Global Stories

Banking stories

Software-as-a-Service

Keepit tops USD $100 million ARR on AI truth cloud

The milestone underlines rising demand for independent backup as firms seek reliable records for AI-driven systems and compliance.

By Joseph Gabriel Lagonsin • 4 min read • Today

Digital Transformation

Bir launches digital push for Azerbaijan micro-firms

Micro-entrepreneurs in Azerbaijan will get training and fee breaks as Bir tries to draw them into digital banking and online sales.

By Sean Mitchell • 3 min read • Today

Software-as-a-Service

Kastle raises USD $24 million to target bank lending

The funding will help Kastle expand AI agents that let banks automate lending work without replacing legacy core systems.

By Karen Joy Bacudo • 4 min read • Yesterday

Software-as-a-Service

FintechOS raises USD $28 million to fuel US expansion

Its US business is expanding rapidly, with recurring revenue up 40% and growth in the market hitting 130% in the first half.

By Karen Joy Bacudo • 4 min read • Today

Hybrid Cloud

F5 named Market Shaper in Gartner AI security quadrant

F5's recognition comes as enterprises scramble to secure AI agents and APIs, with 88 per cent reporting AI security challenges, its research found.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday

Manufacturing

Integrity360 rebrands Advantus360 in Canada after buyout

Canadian customers gain access to a larger cyber security and identity services team as Calgary becomes Integrity360's North American base.

By Sofiah Nichole Salivio • 4 min read • Yesterday

Fintech

Bir says digital banking now reaches 5 million users

Serving more than half of Azerbaijan's population, the group is using physical terminals and app services to ease customers towards digital payments.

By Sofiah Nichole Salivio • 3 min read • Yesterday

Digital Transformation

Bixolon & Isitec boost logistics traceability printing

More than 100 printers are now supporting parcel traceability across Isitec customers' logistics sites, after a rollout designed to cut manual steps.

By Sofiah Nichole Salivio • 3 min read • Yesterday

Crypto

Most banks are planning stablecoin schemes, survey finds

Only 10% of lenders have stablecoins in production, as most still face regulatory and infrastructure hurdles, a RedCompass Labs survey found.

By Karen Joy Bacudo • 5 min read • Yesterday

Data Analytics

ACI Worldwide adds messaging to Connetic payments platform

Banks can now manage translation, validation and routing of payment messages in one platform as ACI targets cleaner data across networks.

By Karen Joy Bacudo • 4 min read • 2 days ago

Data Analytics

Are you still panning? There is a better way to extract mainframe gold

Real-time mainframe data is becoming crucial for faster lending, fraud checks and insurance quotes, as stale feeds can mislead AI systems.

By Kaushik Bagchi • 5 min read • 2 days ago

Software-as-a-Service

Portage closes USD $600 million fourth ventures fund

Fresh capital will back fintech startups as banks and insurers speed up digital modernisation, with Portage now overseeing USD $7.0 billion in assets.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Banking stories

Software-as-a-Service

TD's Layer 6 invests CAD $25 million in Cohere AI tie-up

The bank's AI push aims to improve staff productivity and client service as it tests secure tools with Cohere and its Layer 6 unit.

By Jake MacAndrew • 3 min read • Today

Data Protection

Glassbox earns Microsoft designation for financial AI

The designation could help Glassbox win more bank and insurer deals by signalling its AI tools fit Microsoft cloud and compliance standards.

By Joseph Gabriel Lagonsin • 4 min read • Today

Digital Transformation

TBC Uzbekistan launches car buying in app in Tashkent

Customers in Tashkent can now complete vehicle selection, finance and paperwork through TBC Uzbekistan's app in about 24 hours.

By Sean Mitchell • 4 min read • Today

Fintech

Feijoa users add NZD $4.5m to KiwiSaver through round-ups

Round-up saving has pushed more than 7,000 users towards retirement balances, with self-employed New Zealanders making up about a third of Feijoa's base.

By Karen Joy Bacudo • 3 min read • Yesterday