Banking stories
Poor-quality customer data has driven more than two-thirds of FCA AML fines since 2020, analysis finds, with penalties topping GBP £430m.
HSBC UK and Sage unveil in-app tax tool for sole traders and landlords as Making Tax Digital for Income Tax rules loom from April.
Evaro raises USD $25m to scale embedded “healthcare-as-a-service” in the UK, aiming to reach 10m patients and ease NHS primary care strain.
ControlUp snaps up Unipath to fold security automation into its platform and push deeper into agentic AI for autonomous endpoint management.
Castles Technology secures Loomis Pay deal to roll out Android payment terminals and tools across Sweden, Denmark, Norway and Spain.
Glasgow cyber security provider Acumen Cyber appoints veteran strategist Derek Whigham to its board to steer UK growth and services.
NTT DATA strikes multi-year AWS deal to drive agentic AI and cloud modernisation for heavily regulated Asia-Pacific enterprises.
Smart Communications names Heidi Johnson chief product and technology officer as it sharpens AI governance for heavily regulated clients.
Adeptia launches Automate for Retirement Benefits Enrolment to automate fragmented data intake and speed record-keeping enrolment flows.
ThetaRay launches Ray AI suite to automate AML investigations, promising audit-ready case files and up to 70% less manual work.
Wibmo takes 41st spot in Chartis 2025 Retail Banking Analytics 50, highlighting its growing role in payments security and AI-driven decisioning.
APAC banks face heavy manual compliance workloads as poor data quality and legacy systems stall AI adoption, survey respondents warn.
Lenders clinging to legacy payment rails are losing borrowers to fintechs that can approve, fund and collect on loans in near real time.
HCLTech moves to deepen its wealth management push with a deal to acquire Singapore-based consultancy Finergic, pending approval by 2026.
Cybercriminals abused Hugging Face to host rapidly mutating TrustBastion Android malware stealing credentials across Asia-Pacific.
Paydibs and AltPayNet link Malaysia-Philippines payment rails, starting with Social Security contributions for Filipinos in Malaysia.
Crypto exchange WazirX is integrating Fireblocks technology to tighten custody, access and transaction controls for its 16m users.
Google Cloud opens its first Bangkok region in a USD $1 billion Thailand push, promising AI growth, data residency and thousands of jobs.
Free internet pilots in Victoria and Western Australia have connected over 350 vulnerable people, offering a scalable model for digital inclusion.
ITSEC Asia teams with Infinix to pre-install AI cyber defence app IntelliBroń Aman on new smartphones, targeting 100,000 users in Indonesia.