Banking stories

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.

European banks expect AI to shrink staff only slightly, with most projected job losses coming through routine attrition, not mass cuts.

FinTech Australia opens entries for the 2026 Finnie Awards, marking the programme’s tenth year with revamped categories and a new Sydney venue.

YAP Global appoints Otto Jacobsson as CEO, signalling expansion and a broader service mix as the crypto and digital assets sector matures.

Check Point backs Google Cloud tools to close ASEAN’s ‘cloud gap’, promising in-band, AI-driven security without slowing digital growth.

SEON posts over 80% ARR growth, boosts API usage 250% and secures USD $80 million Series C to scale AI-powered fraud and AML platform.

BioCatch warns AI shopping agents will turbocharge online fraud, urging banks and retailers to distinguish helpful bots from criminal misuse.

Indian banks are overhauling loyalty schemes, swapping cashback for travel, lounges and lifestyle perks to lure Gen Z and affluent cardholders.

Hayo upgrades its National Mobile Registry with real-time tools to detect SIM swap fraud, stolen phones and illegal devices on networks.

Index Engines’ CyberSense spreads to 82 countries as ransomware fears fuel demand and a new US patent and OEM deals extend its reach.

AI-powered social engineering and Windows 11 upgrades are reshaping ATM crime, shifting attacks from skimming to manipulative fraud.

Most UK adults aged 28-40 would trust AI to manage spare cash and bills, a survey finds, despite low confidence in their own finances.