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Banking stories

Hyperlayer names first Head of AI as banks push AI
Software-as-a-Service

Hyperlayer names first Head of AI as banks push AI

Banks are moving AI into live, regulated systems, putting pressure on software vendors to prove every instruction is authorised and auditable.

By Sofiah Nichole Salivio • 4 min read • Last week
FinregE warns UK AI plan needs stronger bank controls
Digital Transformation

FinregE warns UK AI plan needs stronger bank controls

Banks and insurers face a gap between the plan's broad AI aims and the controls needed to satisfy compliance and audit demands.

By Karen Joy Bacudo • 4 min read • Last week
Wipro expands Databricks tie-up with new AI practice
Manufacturing

Wipro expands Databricks tie-up with new AI practice

The move aims to help enterprises turn scattered AI pilots into production systems, with sector-specific tools for banking, telecoms and manufacturing.

By Sofiah Nichole Salivio • 3 min read • Last week

Global Stories

Banking stories

Google brings quantum-safe signatures to Cloud KMS
Data Protection

Google brings quantum-safe signatures to Cloud KMS

Enterprises can now deploy quantum-safe signing in production as Cloud KMS adds post-quantum algorithms for sensitive records and transactions.

By Sean Mitchell • 4 min read • Last week
Post-quantum cryptography adoption stalls, DigiCert finds
Data Protection

Post-quantum cryptography adoption stalls, DigiCert finds

Most firms are still unprepared for quantum attacks, with only 7% deploying quantum-safe cryptography across most digital certificates.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Multiverse Computing raises USD $570 million in Series C
Drones

Multiverse Computing raises USD $570 million in Series C

The funding lifts the Spanish AI firm to a USD $1.7 billion valuation as demand grows for cheaper, lower-energy model deployment.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Qualys appoints Ben Brown to lead ANZ channel push
Software-as-a-Service

Qualys appoints Ben Brown to lead ANZ channel push

Expansion in Australia and New Zealand is expected to deepen Qualys' managed risk services push as it adds four local hires.

By Joseph Gabriel Lagonsin • 3 min read • Last week
Kong opens Milan & Paris offices amid Europe growth
Software-as-a-Service

Kong opens Milan & Paris offices amid Europe growth

Customer demand across Europe has fuelled a 72% rise in Kong's regional base, prompting new offices in Milan and Paris.

By Mark Tarre • 3 min read • Last week
ASC-IT launches Darkmoon to hide target data from AI
Data Protection

ASC-IT launches Darkmoon to hide target data from AI

Security teams can now use AI for penetration testing without exposing hostnames, IP ranges or credentials to model providers.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Mphasis revenue rises as AI-led wins top USD $461m
Digital Transformation

Mphasis revenue rises as AI-led wins top USD $461m

Margins narrowed even as Mphasis booked USD $461 million of new work, with AI-led contracts driving most of the quarter's wins.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Stories from Other Regions

Banking stories

Fenergo launches Fen-AI platform for bank compliance
Software-as-a-Service

Fenergo launches Fen-AI platform for bank compliance

Banks could cut onboarding and compliance workloads as Fenergo's Fen-AI ties every AI action to a full audit trail for regulators.

By Mark Tarre • 4 min read • Last week
B2Bpay urges firms to rethink card payments before ban
Fintech

B2Bpay urges firms to rethink card payments before ban

Businesses may see credit card rewards shrink as the Reserve Bank of Australia's surcharge ban and lower fees prompt banks to trim offers.

By Joseph Gabriel Lagonsin • 4 min read • Last week
DBS adds agentic AI to virtual assistants for customers
Digital Transformation

DBS adds agentic AI to virtual assistants for customers

Banking tasks for millions of customers can now be completed in one chat as DBS upgrades its virtual assistants with agentic AI.

By Sean Mitchell • 4 min read • Last week
New Zealand personal loan delinquencies hit three-year high
Bank of New Zealand

New Zealand personal loan delinquencies hit three-year high

Unsecured borrowers in New Zealand are under mounting strain as Experian flags a rise in personal loan arrears to a three-year peak.

By Karen Joy Bacudo • 4 min read • Last week
Early mortgage hardship boosts repayment recovery: Experian
Data Analytics

Early mortgage hardship boosts repayment recovery: Experian

Borrowers who seek help before falling behind on mortgages are far more likely to recover, with 87% back on track within six months.

By Karen Joy Bacudo • 3 min read • Last week
Crypto's biggest success may be making itself invisible
Crypto

Crypto's biggest success may be making itself invisible

Banks are adopting stablecoins, tokenisation and digital custody as crypto's ideas quietly reshape payments, settlement and asset transfer.

By Paul Quickenden • 3 min read • Last week
Xero partners Revolut Business on cross-border finance
Software-as-a-Service

Xero partners Revolut Business on cross-border finance

New Zealand exporters and online sellers could cut manual bookkeeping as transaction data and bills move automatically between the two platforms.

By Karen Joy Bacudo • 4 min read • Last month