Banking stories
Enterprises could cut AI operating costs by 68% over three years by routing queries through the layer and filtering data before model ingestion.
The Masterton-based company now supports more than 10,000 farmers and advisers, as cloud software and AI reshape farm finances.
Fresh capital will help Hyperlayer hire and expand across three regions as banks seek to modernise legacy systems without costly core replacements.
Its Asia-Pacific revenue has been rising 50% a year as the mobile security group opens a Singapore hub for sales, support and engineering.
Resilience-minded organisations are turning to compact edge systems to keep critical services running if cyberattacks, outages or floods hit.
Businesses can now use USDC to prefund cross-border payouts through Visa Direct, as the scheme moves from trials into live commercial use.
Payment providers now have three compliant routes into smartphone-based card acceptance after Castles Technology cleared PCI checks for all parts of its SoftPOS line-up.
Businesses handling cross-border payments will be able to move between fiat and stablecoins through one integration, cutting the need for multiple providers.
Researchers disclosed 98 flaws across phones, printers and AI tools, underscoring how quickly the attack surface is widening for businesses.
The bank wants a single system to cut admin, tighten spending oversight and improve compliance across its international travel programme.
Banks could cut reconciliation setup time sharply as Gresham's new AI interface lets business users build controls without specialist support.
Merchants expanding into new markets can now add fraud checks through Yuno's existing payments infrastructure, avoiding a separate integration.
The hire comes as the company steps up product investment after reporting 46% revenue growth for the year to June 2026.
Broader project work across Canada and the US is helping Capital One retain engineers amid fierce competition for tech talent.
Without stronger private banking, New Zealand may fail to keep NZD $2.72 billion already committed under its investor visa scheme in the country.
Banks worried about data security and rising AI costs can now run Farsight's platform on their own systems via Ornn's GPU capacity.
Banks are backing a framework that could give vulnerable customers help with everyday payments without handing over full legal control.
Applicants for Westpac NZ personal loans can now get faster approvals, as the bank's online system automatically sorts income and expense data.
The first settlement cycle in the new environment processed nearly 2 million FX trades worth more than USD $9 trillion, testing its resilience.
Customers will be able to open accounts in minutes as the Washington-based lender expands beyond branches while keeping its community banking model intact.
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