Financial Services stories - Page 23

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.

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.

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

Integrated Quantum debuts AIQu VEIL, a quantum-resilient data layer letting enterprises run global AI on anonymised vectors, not raw data.

Rocket Software launches ContentEdge to give organisations safer GenAI access to sensitive unstructured data across hybrid environments.

Kani deepens its tie-up with TransactPay, adding Data-as-a-Service to streamline global payments data as the issuer ramps up scale.

Feijoa joins Creative HQ's Fintech Lab to scale its round-up saving app, aiming to lift inconsistent KiwiSaver contributions nationwide.

Governments are taking a cautious, experimental approach to AI, prioritising public trust, security and stability over rapid innovation.

8x8 expands Secure Pay globally, unifying compliant digital payments and AI-led outreach across its customer experience platform.

Data Privacy Day shifts focus from policy to proof, as firms embed control, resilience and design into complex hybrid data estates.

Over 70% of major retailers and nearly 60% of wholesalers have exposed credentials, leaving shared supply chains ripe for attack.

Major firms are leaving known, actively exploited cyber flaws unpatched for six months or more, sharply heightening breach risks.

In 2026, AI shifts from dazzling pilots to disciplined performance, as trust, governance and human oversight overtake speed of deployment.

Most APAC banks are failing to meet customers' financial wellness needs, an Adobe index finds, leaving a trust gap ripe for fintechs.

Banking Circle wins 2026 AP+ committee seat, vowing to champion fintech needs and speed instant payment adoption across Australia.

DXC to plug Euronet and Ripple into Hogan core system, adding issuing and payments tools for banks chasing faster digital rollouts.