Financial Services Stories - Page 108

Global Stories

Financial Services stories

Salesforce to acquire Informatica for equity value of USD $8 billion

Salesforce to acquire Informatica for USD $8 billion, enhancing AI capabilities by integrating Informatica's data services with its platform, deal to close fiscal 2027.

By Shannon Williams • 5 min read • Fri, 30th May 2025

Fintech

Velocity secures USD $10M to build stablecoin platform

Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.

By Jed Nykolle Harme • 4 min read • Wed, 28th May 2025

Data Analytics

FICO & AWS expand AI decision platform via marketplace

FICO and AWS have teamed up to expand global access to AI-driven decision workflows, now available via AWS Marketplace Private Offers.

By Sean Mitchell • 3 min read • Tue, 27th May 2025

Digital Transformation

Capgemini expands partnership for secure generative AI with SAP

Capgemini broadens its partnership with Mistral AI and SAP to deliver secure generative AI solutions for regulated sectors like finance and aerospace.

By Sean Mitchell • 4 min read • Tue, 27th May 2025

Storage

Citi invests in Starburst to advance secure AI data solutions

Starburst secures strategic investment from Citi to advance its scalable, secure data platform, supporting AI-ready solutions for global enterprises and major banks.

By Catherine Knowles • 2 min read • Fri, 23rd May 2025

Digital Transformation

Emburse launches global partner community for expense management

Emburse has unveiled a global partner community with 140 organisations to improve expense management for travel and finance professionals worldwide.

By Shannon Williams • 4 min read • Fri, 23rd May 2025

Data Analytics

CT: Evolve & AccountsIQ team up to boost UK finance teams

CT: Evolve and AccountsIQ partner to transform UK finance teams through strategic consultancy and cloud-based automation, boosting efficiency and insight.

By Shannon Williams • 3 min read • Thu, 22nd May 2025

Digital Transformation

Salesforce launches Agentforce AI agents for financial services

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

By Shannon Williams • 5 min read • Thu, 22nd May 2025

Risk & Compliance

General counsels turn to generative AI to manage compliance risks

A global study reveals 97% of general counsels now use generative AI to boost legal compliance and operational efficiency amid rising pressures.

By Shannon Williams • 3 min read • Thu, 22nd May 2025

Multi-factor authentication

Fintech sector faces mounting third-party security breach risks

Nearly 42% of data breaches in top fintech firms stem from third-party vendors, highlighting critical supply chain vulnerabilities despite strong internal security.

By Catherine Knowles • 4 min read • Thu, 22nd May 2025

ASX

Bravura boosts Midwinter team as assets reach AUD $9 trillion

Bravura Solutions boosts Midwinter team with senior hires and promotions to fuel growth in financial planning technology across Australia and beyond.

By Melvin Hipolito • 2 min read • Thu, 22nd May 2025

Stories from Other Regions

Financial Services stories

Fintech

Hidden travel fees cost Aussies as banks overcharge

78% of Australians face hidden bank fees abroad, with traditional banks charging up to seven times more than fintech providers like Wise.

By Kaleah Salmon • 4 min read • Fri, 30th May 2025

Digital Transformation

UK banks take an average of 65 days to update base rates

A study reveals UK banks average 65 days to update base rates and over six months to launch new features, slowing innovation amid rising customer expectations.

By Shannon Williams • 4 min read • Thu, 29th May 2025

Fintech

Aussies slammed with hidden fees while using bank cards abroad

New research reveals 78% of Aussie travellers face hidden bank card fees abroad, with charges costing some up to AUD $4,000 annually on holidays.

By Melania Watson • 4 min read • Thu, 29th May 2025

Software-as-a-Service

Aryza acquires Webio to boost AI SaaS financial services

Aryza has acquired conversational AI firm Webio to enhance its AI-driven SaaS financial services, targeting improved customer engagement and collections.

By Kaleah Salmon • 3 min read • Thu, 29th May 2025

Software-as-a-Service

EastWest chooses Temenos SaaS to upgrade banking platform

EastWest Banking Corporation partners with Temenos to adopt a SaaS core banking platform, boosting digital transformation and operational efficiency.

By Jed Nykolle Harme • 3 min read • Wed, 28th May 2025

Financial Systems

Zeller app launches mobile invoicing to tackle AUD $115bn debt

Zeller launches mobile invoicing in its app to help Australian SMEs tackle AUD $115bn in late payments, boosting cash flow with faster invoice settlements.

By Melania Watson • 3 min read • Mon, 26th May 2025

Digital Transformation

AmBank Group sees 18% website traffic boost after digital overhaul

AmBank Group's digital overhaul using Progress Sitefinity Cloud led to an 18% rise in website traffic and enhanced user engagement in Malaysia's banking sector.

By Catherine Knowles • 3 min read • Fri, 23rd May 2025