Financial Services stories

Akamai survey finds APIs are now cybercriminals' main target, with AI-linked interfaces under attack and incidents costing organisations more than USD $700,000.

Finologee teams with Gresham to embed Control into Banking Orchestrator, automating depositary reconciliation for insurers, fund managers and asset servicers.

CDR reforms on consent, representatives and small bank exemptions could add AUD $1.2 billion annually by 2035, modelling says.

Harvey and Ansarada team up to connect virtual data rooms with legal AI, letting deal teams analyse documents while keeping permissions and audit trails intact.

Genetec honours ANZ security partners in Vietnam, with Convergint top winner and PMT Security taking a first cloud award amid hybrid growth.

Qld researchers urge boards to treat cyber risk as shared responsibility, saying leadership, culture and staff decisions shape defences.

Neosframe wins Entain as an early client before finishing beta, giving the Brisbane software startup a live test case as it prepares a capital raise.

Kyndryl broadens Google Cloud deal to help enterprises modernise applications and run AI workloads across regulated hybrid environments.

Cobalt's annual pentesting study says AI and supplier tools are exposing fresh weaknesses, with security teams struggling to keep pace with rapid deployment.

Google Cloud says banks need governance-led platforms to unlock agentic AI at scale, with tens of agents set to reshape compliance, fraud and risk.

Avatier unveils offline Identity Challenge Card as firms seek fallback access after Stryker hack exposes MFA weaknesses.

Temenos and Bain warn banks that cloud, AI and stablecoins will reshape competition, with core modernisation now key to growth.

CommBank deploys agentic AI to uncover emerging fraud and scam patterns, generating detection rules across 80 million daily payment signals.

Celonis and ProcessLab debut banking tools for mortgage approvals and service teams as lenders seek faster decisions, lower costs and better customer journeys.

Pepperstone Crypto says digital assets are moving into the mainstream as regulation, ETFs and younger investors reshape how traders access markets.

Unpatched VPN gateways are leaving organisations open to ransomware and outages, as modern Zero Trust access cuts off the exposed front door.

EDB touts Postgres AI gains, saying a data-layer overhaul can cut token use, speed vector indexing and trim emissions for enterprise AI workloads.

White Rook Cyber gains CREST accreditation as defence and critical infrastructure buyers seek certified penetration testing providers.

FIS revamps cross-asset platform with AI dashboards and SaaS tools to help buy-side firms manage trading, portfolio and risk in one system.

Apricorn broadens its Aegis Padlock DT FIPS line with a 32TB hardware-encrypted desktop drive for offline backups and sensitive data.