Banking stories

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.

Five9 and Google Cloud unveil a joint AI-powered CX platform, unifying contact centre workflows and customer data across all channels.

A new Astaroth banking trojan variant hijacks WhatsApp Web to self-spread via chats while silently stealing Brazilian banking credentials.

Australians greatly overestimate their ability to spot AI-driven scam images, with new research showing they get it right less than half the time.

AI data management is set to surge to USD $239.15bn by 2034 as cloud, streaming data and governance needs reshape enterprise data strategy.

Partners Life has appointed experienced insurance leader Debbie Eyre as chief operating officer, with her role to begin in February 2026.