Banking stories

Mphasis Q3 revenue rises on AI-led projects as it secures new deals worth USD $428m, boosting growth despite flat sequential profit.

Rocket Software launches ContentEdge to give organisations safer GenAI access to sensitive unstructured data across hybrid environments.

Tinaba expands Alipay+ tie-up to let Italian travellers pay in euros via its app at over 80 million QR code merchants in mainland China.

Commonwealth Bank teams with OpenAI on AI and cyber training to close skills gaps for 1 million Australian small business customers.

Feijoa joins Creative HQ’s Fintech Lab to scale its round-up saving app, aiming to lift inconsistent KiwiSaver contributions nationwide.

Data Privacy Day shifts focus from policy to proof, as firms embed control, resilience and design into complex hybrid data estates.

Zepz has bought fintech Pomelo to bolt credit cards and lending onto its remittance brands, deepening its push into cross-border finance.

Most APAC banks are failing to meet customers’ financial wellness needs, an Adobe index finds, leaving a trust gap ripe for fintechs.

DXC to plug Euronet and Ripple into Hogan core system, adding issuing and payments tools for banks chasing faster digital rollouts.

DXC weaves Ripple and Euronet tech into its Hogan core platform, adding digital asset custody and blockchain payments for banks.

AI compliance firm ThetaRay names ex-Symphony chief Brad Levy as CEO, tasking him with scaling its Cognitive AI platform globally.

Singapore cements its status as Asia’s AI and digital gateway, boosted by low-carbon data centres and world-class, neutral connectivity.

Qubitra, backed by SC Ventures and Fujitsu, maps out quantum apps and a marketplace to push finance use cases into production by 2026.

Monzo launches free HMRC-recognised in-app tax filing for sole traders and landlords, ahead of Making Tax Digital for Income Tax in 2026.

Synechron has launched an Agentic AI suite to automate mission-critical workflows in heavily regulated financial and insurance sectors.

Banks face outages costing USD $1.8 million an hour as New Relic says AI-driven observability becomes vital for risk, CX and resilience.

Global IT services spending will rise 4.8% annually to 2029 as cloud infrastructure and generative AI reshape enterprise technology demand.

Wise forecasts five shifts to speed up cross-border payments by 2026, as new rules, tech links and customer demands reshape the market.

Anthropic is setting up an Australian office in Sydney as Claude adoption soars, anchoring a wider global expansion and hiring push.

Yubico warns EU financial firms that DORA-era resilience demands phish-resistant passkeys, not passwords and legacy MFA still rife in banks.