Banking stories - Page 14

The Emerging Payments Association of Asia urges APAC payments firms to urgently bolster defences against quantum computing risks, highlighting a major security gap.

Nearly one-third of marketers using agentic AI expect quantum computing to influence marketing within two years, signalling rapid tech adoption ahead.

Banks have accelerated the shift from AI research to practical tools, with top institutions rapidly deploying innovations in trading, fraud prevention, and customer service.

Saudi fintech HALA has raised USD $157 million to expand SME services, launch new lending products, and support Vision 2030's economic goals.

Success with AI in Asia Pacific and Japan requires clear strategy, skilled talent, and strong partnerships, according to Dell Technologies.

Saviynt teams up with St. Fox to enhance identity security in India, targeting rapid digital transformation across key sectors with integrated solutions.

Cloudhouse unveils Alchemy APS, enabling banks to swiftly modernise by packaging applications independently from legacy infrastructure, cutting costs and risks.

Pure Storage has been named a Leader in Gartner's 2025 Magic Quadrant for Enterprise Storage Platforms for the twelfth year running.

Appian has been named a Leader in the IDC MarketScape for business automation, praised for its AI-driven platform which enhances operational efficiency.

A browser flaw risks hijacking passkey authentication, threatening access to banking, shopping and SaaS accounts despite passkeys' security promise.

LegitScript has launched automated Global Business Identity Check and U.S. TIN Verification to speed and improve merchant onboarding worldwide.

Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.

Retail leads AI satisfaction in EMEA with 96% success rate, while healthcare outspends all sectors but faces challenges, says Lenovo's CIO Playbook 2025 study.

Cyberattacks on the financial sector have surged 25% in 2024, with phishing leading and nearly half of employees prone to clicking malicious links.

AI-driven referrals to US retail, travel, and banking sites have surged over tenfold since July 2024, reshaping online shopping and boosting engagement.

Over 74% of Asia Pacific youth prefer digital apps for remittances, valuing speed and trust over fees, reveals Visa's report covering 20 countries.

AI adoption in Australia and New Zealand surges, with 21% noting gains despite a skills shortage delaying digital transformation and product development.

Cloudera upgrades its AI services to enable secure, GPU-accelerated generative AI apps within enterprise data centres, enhancing control and reducing costs.

Cloudera launches an on-premises AI platform allowing enterprises to deploy generative AI securely within their own data centres, enhancing control and compliance.

Mambu launches enhanced Islamic banking tools to help banks across APAC and MEA scale Shari'ah-compliant products as assets near USD $3.8 trillion by 2025.