Financial institutions stories - Page 6

Guidewire appoints Suresh Raman as APAC regional vice president to drive cloud and AI-led sales growth across key Asia Pacific markets.

AI has gone mainstream in wealth management, with most firms reporting positive returns and faster payoffs from early adoption, FNZ study shows.

eflow Global launches AI-powered eComms modules with transparent fees from USD $0.20 per GB, cutting compliance costs for financial firms handling digital records.

Hong Kong CFOs now prioritise cyber resilience as cyberattacks increasingly risk financial stability, compliance and corporate reputation across sectors.

Tech Mahindra launches i.GreenFinance, an AI-powered platform to help global financial institutions manage green loans and comply with sustainability regulations.

A survey of 1,500+ professionals reveals trust, compliance, and identity assurance as crucial for mainstream adoption of Web3 wallets and digital asset services.

BioCatch launches Connect 2.0, a platform using behavioural and device data to fight rising digital banking fraud and AI-driven financial crimes globally.

Asia-Pacific firms are rapidly adopting autonomous AI agents, raising new cybersecurity risks linked to managing AI system identities and access permissions.

Financial firms face rising fines and must adopt digital regulatory reporting to ensure compliance, cut costs and boost operational resilience in 2024 and beyond.

Cleanverse International launches a compliance-native layer in Singapore, linking verified identities to stablecoins for regulated, traceable on-chain finance.

Evercomm and CTBC have launched PATHMATCH, an AI platform helping banks measure and manage financed emissions for net zero transition financing.

Financial firms are embracing AI with a focus on trust, using it to enhance customer service and support staff, not cut jobs, amid growing governance concerns.

Nearly 80% of financial firms have neglected to verify exit plans of cloud and SaaS providers, risking major disruption in their technology supply chains.

UK firm Verifymy teams up with k-ID to integrate email-based age checks into developer toolkit, enhancing online safety for children amid growing global regulations.

Visa partners with Nium to pilot stablecoin settlement, enabling near-real-time cross-border payments and reducing traditional delays and costs.

A China-linked group launched a major AI-driven cyber-espionage campaign targeting global firms, performing 80-90% of hacking with minimal human input.

Mizuho Bank has launched a Boomi-based platform to streamline payments and ensure ISO 20022 compliance across Asia Pacific, cutting onboarding to weeks.

Dyna.Ai will showcase its AI tools for finance at Singapore Fintech Festival 2025, highlighting real-world applications driving efficiency and growth in the sector.

The Bloomberg Code Crunch Hackathon in Singapore showcased top quant and AI talent, with NTU students and financial firms developing innovative investment tools.

QuSecure appoints Garfield Jones as Senior VP to advance quantum-safe security, leveraging his US federal cybersecurity and post-quantum cryptography expertise.