Financial institutions stories

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.

In a bid to combat rising carbon emissions, banks are urged to utilise their data and influence to help mortgage customers implement sustainable home upgrades.

Vivek Ramachandran, founder of SquareX, will speak at Black Hat Asia on 2nd April 2025, addressing cyber threats to financial institutions at Marina Bay Sands.

StraitsX's XUSD stablecoin will debut on Binance, bolstering its presence in digital finance as it surges towards mainstream adoption and infrastructure innovations.

A new Salesforce report reveals 60% of Singaporean consumers expect greater AI integration in financial services, with millennials leading the optimism.

Noggin has revealed critical regulatory updates for Australian companies, introducing new compliance requirements in cybersecurity and healthcare sectors.

TISA Commercial Enterprise has announced that Norwegian Digital ID firm BankID will join the advisory committees of Select ID to enhance digital identity accessibility in the UK.

Asset Token Ventures has launched MBSToken, a platform aimed at revolutionising the $11 trillion mortgage-backed securities market with blockchain technology.

NTT DATA's latest report reveals that 58% of banks globally are fully adopting generative AI, marking a crucial shift towards its integration in banking operations.

As the EU's AI Act takes effect in 2026, companies face the challenge of divergent AI regulations across borders, prompting the need for robust compliance guardrails.

Rayls has partnered with LayerZero to enhance cross-chain connectivity for financial institutions, aiming to integrate traditional finance with decentralised finance.

A survey by SAS and KPMG reveals sluggish AI and ML adoption in anti-money laundering, with only 18% of financial institutions fully implementing these technologies.

In an era of increasing connectivity demands, financial institutions are turning to multi-carrier strategies to safeguard against costly network failures.

Backbase has teamed up with MeaWallet to boost digital payment services in Australia and New Zealand, aiming for enhanced security and faster deployment.