Financial Services
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Read more: Manulife Hong Kong and Alibaba Cloud Sign AI Partnership, Target $1bn in Value by 2027Manulife Hong Kong and Alibaba Cloud have signed a Memorandum of Understanding to co-develop AI applications for the insurance and financial services sector, with Manulife projecting more than US$1 billion in enterprise AI value by 2027. Joint AI hub to incubate next-generation applications Under the MoU, the two companies will…
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Read more: North Korean Hackers Stole $2 Billion in Digital Assets Last YearCrowdStrike‘s 2026 Financial Services Threat Landscape Report has found that North Korean state-linked adversaries stole US$2.02 billion in digital assets in 2025, a 51% year-on-year increase, as the threat actor group weaponised artificial intelligence to industrialise financial cybercrime at scale. The report, based on intelligence tracking more than 280 named…
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Read more: Finster AI Raises US$15m to Bring Generative AI to Investment BankingFinster AI, an artificial intelligence (AI) platform designed for investment banks and asset managers, has raised a total of US$15 million (S$20.3 million) in combined Series A and Seed funding to expand its operations and accelerate product development. The Series A round was led by FinTech Collective, while the Seed…
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Read more: WeLab, Google Form AI Partnership to Boost Digital Banking in AsiaWeLab, a pan-Asia fintech platform, has partnered Google to accelerate the adoption of artificial intelligence (AI) in digital banking across the region. The partnership, announced on Saturday (Sep 28), is aimed at helping WeLab achieve its goal of providing AI-powered financial services to 500 million users by 2032. WeLab will…
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Read more: Financial services can do cybersecurity better with the right toolsBy: Taylor Armerding, Security expert at Synopsys Integrity Group The financial services industry is falling behind in cybersecurity. A new report shows where organisations should focus their software security efforts. When it comes to “walking the talk,” a new survey of cybersecurity professionals in the financial services industry (FSI) finds…
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