Financial institutions stories

A China-linked group launched a major AI-driven cyber-espionage campaign targeting global firms, performing 80-90% of hacking with minimal human input.

Teachers Mutual Bank has sped up identity checks from three days to under a minute by upgrading to Boomi's real-time integration platform, enhancing member experience.

Mizuho Bank has launched a Boomi-based platform to streamline payments and ensure ISO 20022 compliance across Asia Pacific, cutting onboarding to weeks.

The collaboration is set to offer Canadian customers easier international money transfers in over 10 currencies via their existing accounts.

Dyna.Ai will showcase its AI tools for finance at Singapore Fintech Festival 2025, highlighting real-world applications driving efficiency and growth in the sector.

The Bloomberg Code Crunch Hackathon in Singapore showcased top quant and AI talent, with NTU students and financial firms developing innovative investment tools.

InsightAI raised INR ₹11 million in pre-seed funding to expand its AI-driven anti-money laundering solutions across India and the Middle East markets.

QuSecure appoints Garfield Jones as Senior VP to advance quantum-safe security, leveraging his US federal cybersecurity and post-quantum cryptography expertise.

Synology launches PAS7700, a dual-active all-NVMe storage system, offering secure, high-performance, and highly available data access for AI-driven enterprises.

Nearly half of financial firms struggle to scale AI fully due to data silos and security concerns, despite widespread adoption and hybrid deployment strategies.

Exegy now offers real-time Canadian equity data on its Axiom platform, enabling clients to access TMX feeds via existing New York connections with no new infrastructure.

CyberArk launches Secure AI Agents Solution with privilege controls to protect AI agent identities, boosting enterprise security amid rising AI adoption.

Staples Canada is the first national retailer to offer Interac KONEK, a secure Canadian eCommerce payment option supported by Moneris and major banks.

Backbase wins the 2025 Datos Impact Award for its AI-driven platform revolutionising wealth management with faster onboarding and personalised digital advice.

Smart Communications has launched an AWS-powered data centre in Singapore to enhance secure, compliant digital engagement for ASEAN enterprises.

Despite 99% of finance firms piloting AI, just 3% deploy it enterprise-wide, hindered by data quality issues and legacy system inconsistencies.

Global ransomware attacks surged 28% in September, with Industrials hardest hit, as cyber criminals ramp up efforts ahead of the busy holiday season.

Azul and ActiveViam have launched a solution that cuts cloud analytics costs by up to 50%, enhancing performance for financial firms handling large-scale data.

IBM launches Digital Asset Haven, a secure blockchain platform for institutions, combining advanced custody features across 40+ blockchains from late 2025.

Mark Lane has launched Canada’s first FX platform letting entrepreneurial currency professionals run their own client portfolios with flexible hours and higher commissions.