Financial institutions stories - Page 7

Synology launches PAS7700, a dual-active all-NVMe storage system, offering secure, high-performance, and highly available data access for AI-driven enterprises.

Nearly half of financial firms struggle to scale AI fully due to data silos and security concerns, despite widespread adoption and hybrid deployment strategies.

Backbase wins the 2025 Datos Impact Award for its AI-driven platform revolutionising wealth management with faster onboarding and personalised digital advice.

Smart Communications has launched an AWS-powered data centre in Singapore to enhance secure, compliant digital engagement for ASEAN enterprises.

Global ransomware attacks surged 28% in September, with Industrials hardest hit, as cyber criminals ramp up efforts ahead of the busy holiday season.

Azul and ActiveViam have launched a solution that cuts cloud analytics costs by up to 50%, enhancing performance for financial firms handling large-scale data.

IBM launches Digital Asset Haven, a secure blockchain platform for institutions, combining advanced custody features across 40+ blockchains from late 2025.

Pave Bank secures USD $39 million to expand its programmable banking platform, merging traditional finance and digital asset management for institutions.

Australia sees a 17% rise in data breaches as AI-driven threats on hybrid cloud systems surge, prompting tighter APRA regulations on cybersecurity compliance.

10x Banking appoints Philip Barnett as Executive Vice Chair to drive strategic growth and global expansion, focusing on Asia Pacific markets.

Global scam attempts have surged 65% over the past year, with smishing rising tenfold as banks worldwide battle increasing fraud risks.

Chainlink and 24 major banks collaborate to reduce $58 billion global corporate actions costs, using AI and blockchain for real-time data sharing and automation.

A report finds claims of rapid US 'de-dollarisation' exaggerated, warning Australia faces risks due to heavy reliance on the US dollar amid biased global media.

Dwolla aims to unify instant payments via a single API across FedNow and RTP, simplifying real-time transactions for enterprises amid rapid market growth.

Kasia Hanson joins Alcatraz as VP of Strategic Partnerships to boost growth across critical sectors with her 20+ years experience in security and AI.

Krungsri has partnered with Informatica to boost data governance and management, supporting its digital growth and serving over 19 million customers across ASEAN.

Vulnerability management is now a critical boardroom priority as Australian firms face tighter cyber regulations and rising digital threats requiring automated, proactive defence.

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

Obita raises $10 million to expand its blockchain-based stablecoin payment network, enhancing low-cost, compliant cross-border settlements globally.

Financial leaders prioritise responsible AI standards over generative AI, seeing accountability as key to boosting ROI amid growing implementation challenges.