Financial institutions stories - Page 2

Salesforce launches Agentforce for Financial Services, offering AI agents to automate tasks and boost personalised client engagement in banks and insurers.

NextWave Consulting and Diffblue team up to revolutionise software testing for financial firms, tackling delays and boosting test coverage with AI technology.

BioCatch and The Knoble have launched a toolkit to help banks quantify losses and build a business case for stronger authorised push payment scam prevention.

First-party fraud now tops global cyberattacks, rising to 36% of cases in 2024, according to LexisNexis Risk Solutions’ Cybercrime Report.

BioCatch appoints Andreas Dombret as senior advisor to boost global growth and fight financial crime with innovative technology.

Extend launches open-source AI toolkit enabling businesses to enhance spend analysis and automate workflows via API integration with major AI frameworks.

Interprefy enhanced multilingual communication at CoinDesk Consensus 2025 in Hong Kong with AI-driven captions and live English-Mandarin interpretation for 500+ attendees.

Singapore braces for increased cyber threats as General Election nears, with businesses urged to strengthen defences amid rising geopolitical tensions.

Rayls launches Enygma, a compliance-ready privacy framework for Ethereum, enabling confidential transactions with optional auditor oversight and seamless integration.

FICO's UK report warns of rising first-party fraud amid financial strain, as average credit card balances grow and missed payments increase year-on-year.

Backbase launches AI-powered Banking Platform to boost banks' growth, automate tasks and improve efficiency amid legacy tech challenges globally.

World Password Day highlights the importance of strong, unique passwords and emerging passwordless technologies for enhanced security against cyber threats.

Uno Digital Bank has adopted Pennant Technologies’ Loan Management System to streamline operations, boost flexibility, and enhance customer lending experiences.

Meta1st upgrades its Analyse1st and Learn1st to enhance cyber risk defence and help financial firms comply with DORA, boosting real-time email threat detection.

A Radware study highlights alarming trends in cyber threats to the financial sector, revealing a surge in infostealer services and sophisticated OTP bots.

Ripple has announced the acquisition of Hidden Road for USD $1.25 billion, making it the first crypto firm to manage a global multi-asset prime broker.

A series of cyberattacks on Australia's superannuation funds has exposed critical cybersecurity vulnerabilities, sparking urgent national security concerns.

LDA Technologies has unveiled NeoTap X, an advanced solution for timestamping and tap aggregation in capital markets, featuring 100G capabilities and high-speed processing.

Revolut's latest report reveals Meta platforms are the primary source of scams affecting consumers, with reported cases rising significantly in Australia and globally.

Fivecast has launched a groundbreaking AI-driven platform to bolster financial crime investigations, aiding institutions in meeting stringent AML compliance demands.