CFOtech Asia - Technology news for CFOs & financial decision-makers

Banking stories - Page 3

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Isle of Man to host 2026 Interceltic Business Forum

Last week
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banking
The Isle of Man will host the 2026 Interceltic Business Forum, uniting Celtic regions to deepen economic ties and showcase innovation.
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Fraud expert warns FCA Firm Checker will not stop scams

Last week
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A leading fraud expert says the FCA’s new Firm Checker will boost transparency but leave sophisticated social engineering scams largely untouched.
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UK savers turning to AI as average investments rise

Last week
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UK savers using AI for financial advice now invest an average of GBP £2,354.60, with Gen X and Boomers committing the most.
Fintech

Aventur secures Dutch backing for AI money platform

Last week
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Aventur lands Dutch family office funding for its AI-led money platform, eyeing a 2026 UK launch to narrow the financial advice gap.
Sara

Outsized launches independent consulting squads in ANZ

Last week
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Outsized rolls out pre-built independent consulting squads for ANZ banks, targeting AUD $200,000-AUD $2 million transformation projects.
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8x8 buys Maven Lab to boost APAC CPaaS & messaging

Last week
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8x8 buys Singapore-based Maven Lab to scale APAC CPaaS, folding Moobidesk into its CX platform for richer, multi-channel messaging.
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Snowflake backs Ataccama to boost AI data quality

Last week
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Snowflake invests in Ataccama to embed automated data trust and quality tools deeper into the Snowflake AI Data Cloud for enterprise AI.
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xtype sees surge in demand for ServiceNow governance

Last week
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xtype sees demand surge as global firms race to tighten ServiceNow governance and prepare AI-driven change across sprawling estates.
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GTreasury buys Solvexia to boost finance automation

Last week
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Ripple-owned GTreasury buys Australian fintech Solvexia to fuse treasury, reconciliation and compliance in one automated finance platform.
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Airwallex raises USD $330m, sets dual HQ in San Francisco

Last week
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Airwallex secures USD $330m at a USD $8b valuation and names San Francisco a dual global HQ as it ramps US expansion and AI investment.
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1Kosmos & Reality Defender unite to combat deepfakes

Last week
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banking
1Kosmos and Reality Defender have teamed up to embed real-time deepfake detection into remote identity checks amid a surge in AI fraud.
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Incode unveils Deepsight AI defence to combat deepfakes

Last week
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Incode launches Deepsight AI, a three-layer defence to spot and block deepfakes in real time for banks, tech platforms and governments.
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Airwallex names James Teodorini new ANZ head & record volume

Last week
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banking
Airwallex has named James Teodorini Head of ANZ to spearhead growth in Australia and New Zealand after hitting USD $235 billion in volume.
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10x Banking & audax join forces to speed bank upgrades

Last week
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10x Banking and Singapore’s audax have teamed up to help banks launch full digital services in six months while phasing out legacy cores.
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Group-IB unveils GDPR-safe real-time fraud intel hub

Last week
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banking
Group-IB launches a GDPR-compliant platform for banks to share real-time fraud risk signals, tackling rising losses such as GBP £600 million in the UK.
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Eastnets deepens LSEG tie-up for real-time risk checks

This month
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Eastnets deepens its LSEG partnership, plugging real-time World-Check risk data into Safewatch Screening to sharpen financial crime checks.
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Identity security to become core cyber focus by 2026

This month
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Identity security will become core infrastructure by 2026 as AI‑driven attacks, deepfakes and state hackers overwhelm old perimeter defences.
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EU banks bracing for AML rules & major vendor shift

Last month
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EU banks face a 2026 crunch as new AML rules spark a shake-up in KYC vendors, testing compliance strategies amid rising fraud risks.
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UK SMEs shift billions to platforms for safer, higher returns

Last month
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banking
UK SMEs are funnelling billions into savings platforms as they chase higher interest, stronger FSCS protection and swift access to cash.
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AI to redefine finance as cost & cyber risks surge in 2026

Last month
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AI will move from hype to hard choices in finance in 2026, as firms juggle automation gains with surging cyber threats and cost pressures.