TelcoNews Australia - Telecommunications news for ICT decision-makers

Banking stories - Page 5

L r kelly drewett  managing director  enterprise  australia  synechron scott grigg  country managing director  australia  synechron

Synechron unifies three Australian consultancies under one

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Synechron merges Chamonix IT, Exposé and iGreenData into a single Australian consultancy, unveiling a new national leadership team.
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AI lag puts Australian firms at risk of losing ground

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Australian firms' slow, piecemeal AI adoption risks wasted investment and lost ground to faster-moving global rivals, TP leaders warn.
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Oracle named IDC MarketScape leader in AI trade finance

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Oracle named IDC MarketScape leader for AI-enabled embedded trade finance apps, bolstering its position in bank trade digitisation.
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Revolut launches PayTo in Australia to fight bill shock

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subscriptions
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Revolut rolls out PayTo in Australia, giving customers real-time control over recurring bills and subscriptions to help curb surprise charges.
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Visa expands Bridge partnership to boost SMB payments

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Visa widens Bridge tie-up to let more firms issue stablecoin-backed cards, targeting faster, more certain cross-border SMB payments.
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Cryptio raises USD $45m to scale digital asset ERP tools

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blockchain
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financial systems
Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.
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Modern Treasury joins Mastercard crypto partner push

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crypto
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blockchain
Modern Treasury joins Mastercard's Crypto Partner Program to power fiat-crypto on/off-ramps and cross-border blockchain payment flows.
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AI-fuelled crime drives illicit funds to $4.4 trillion

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AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
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Finastra adds real-time AI fraud checks to payments

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Finastra is embedding FraudAverse's AI-driven fraud checks into its Financial Messaging platform to secure real-time global and instant payments.
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Chartis names SAS a leader in AI governance solutions

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Chartis names SAS a category leader in AI governance, spotlighting Viya's model controls as demand for robust oversight accelerates.
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Creditinfo rolls out fraud & AML platform in Uganda

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Creditinfo launches fraud and AML platform in Uganda, targeting rising digital payment risks and bolstering banks' compliance tools.
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BioCatch unveils DeviceIQ to spot banking fraud pre-login

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BioCatch launches DeviceIQ to scan mobile and web devices before login, spotting AI-driven fraud and compromised handsets in milliseconds.
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Commerzbank deploys AI to sharpen money laundering controls

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Commerzbank taps Hawk's AI to cut false alerts and sharpen money-laundering detection, as regulators push banks to bolster AML controls.
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Conquer the KYB challenge: How smarter data quality fuels fintech integrators

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Fintech integrators turn to Melissa's real-time, trusted data layer to sharpen KYB checks, slash onboarding friction and cut synthetic fraud.
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Mastercard debuts SME cross-border payments suite in APAC

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digital transformation
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Mastercard launches Global Commerce Suite in Hong Kong, targeting SME cross-border payments as Asia Pacific digital trade surges.
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Elula names Andrew Phillips as new Chief Revenue Officer

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Elula hires Andrew Phillips as chief revenue officer to drive sales, partnerships and growth across its expanding AI-led financial services push.
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Revolut wins UK bank licence, plans major investment push

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Revolut secures full UK bank licence, pledging GBP £3 billion investment, 1,000 new jobs and a phased roll-out of FSCS-protected accounts.
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ControlPlane unveils enterprise support for OpenBao

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encryption
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pam
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cloud security
ControlPlane launches enterprise support for OpenBao as IBM's USD $6.4 billion HashiCorp deal drives demand for open source Vault alternatives.
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Appdome unveils Threat-Memory to track repeated attacks

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malware
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endpoint protection
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application security
Appdome's new Threat-Memory tool stores on-device threat histories and AI scores to counter repeat mobile fraud and account takeovers.
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Anthropic to open Sydney office in Australia, New Zealand

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agricultural technology
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hyperscale
Anthropic will open a Sydney office within weeks, expanding its Asia-Pacific footprint and deepening AI partnerships in Australia and New Zealand.