Financial Services stories - Page 3

A study reveals 71% of global CFOs struggle to monetise AI despite recognising its critical role, with only 29% having effective revenue models in place.

A new report reveals 56% of Gen Z Australians dislike credit cards, favouring debit cards and BNPL services amid rising financial stress and complexity.

Over 100 fintech leaders urge Australian parties to end policy inertia and finalise reforms aimed at easing cost of living pressures and boosting the sector.

Cybit appoints Marc Pawson as Sales Director to boost market expansion and build strong client partnerships in data intelligence and AI-driven sectors.

Web and API attacks in the Asia Pacific and Japan surged 73% in 2024, with 51 billion incidents linked to AI-driven cyber threats, says Akamai.

Australia's Visa Spending Momentum Index rose 2.7 points to 98.6 in March, signalling a rebound in consumer spending after two months of decline.

AnswerRocket has acquired Cognitive Spark to enhance AI-driven data science solutions, enabling faster, enterprise-wide insights using agentic artificial intelligence.

Lloyds Banking Group boosts lending with FICO Platform, enhancing operations and approving more credit as it migrates to cloud-based infrastructure.

MultiSafepay boosts European SME merchant base by 11% and transaction volumes by 44% post-integration with Antom, enhancing payment solutions across sectors.

MezFi appoints banking expert James Hardy to its advisory board as it nears the close of Fund 1, aimed at democratising mezzanine finance access.

Kiteworks has revealed its report on the top data breaches of 2024, highlighting the increasing importance of data sensitivity in assessing breach severity.

A staggering 51% of all web traffic now comes from automated bots, with malicious activity on the rise, according to the 2025 Imperva Bad Bot Report by Thales.

The UK banking sector ranks as the most trusted for sharing personal data, yet just 51% of consumers show confidence, revealing significant generational divides.

Ardoq appoints Brian Zeman as Chief Revenue Officer to drive global growth, focusing on expansion in the Americas and enhancing enterprise architecture solutions.

Pismo appoints Vishal Dalal as global CEO and Rodrigo Melato as Chief Commercial Officer amid plans for customer-centric growth and international expansion.

Identity fraud costs businesses USD $7 million yearly worldwide, with Asia Pacific firms facing rising threats from sophisticated attacks, a new study finds.

Banked has acquired UK app VibePay to boost Pay by Bank with new incentives, expanding presence in UK, US, Australia, and accelerating global adoption.

ABA Bank partners with SUSE to modernise digital infrastructure, enabling faster, secure banking in Cambodia with 99.999% service reliability and cost savings.

Disprz has surpassed INR ₹100 crore in annual recurring revenue, leveraging GenAI and focusing on Asia-Pacific expansion to boost enterprise skilling.

DBS Bank is leveraging generative AI to enhance customer-centric banking, aiming to unlock over SGD $1 billion in value by 2024 as it embraces digital transformation.