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FinTech Australia Urges Government to Open Procurement Pipeline and Fix Funding Settings for Fintechs

FinTech Australia is calling on the Federal Government, as part of its 2026–27 Pre-Budget Submission, to broaden its procurement pipeline to better include fintechs and small and medium businesses. In addition, to recalibrate existing funding mechanisms – including venture capital tax concessions, superannuation settings and the Research and Development Tax Incentive – to create stronger, more predictable funding pathways for emerging fintechs.

Wednesday, February 25, 2026 - 15:08
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/news/infrastructure/fintech-australia-urges-government-open-procurement-pipeline-and-fix-funding
Financial IT
Commonwealth Bank’s $90M Plan for AI-Ready Workforce\

Commonwealth Bank chief Matt Comyn says a new $90 million program to ramp up skills and accelerate careers will help both employees and the bank prepare for changing nature of work. 

The bank’s Future Workforce Program “represents a structural redesign of how skills are developed and how careers will evolve within Commonwealth Bank” the bank said in an announcement. 

Wednesday, February 25, 2026 - 14:12
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/news/infrastructure/commonwealth-banks-90m-plan-ai-ready-workforce
Financial IT
FCA Proposes Action to Close Gaps in Borrowers’ Credit Files

Lenders could have access to more comprehensive information to support lending decisions, under new proposals by the FCA.

Wednesday, February 25, 2026 - 14:09
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/news/lending/fca-proposes-action-close-gaps-borrowers-credit-files
Financial IT
Basware Launches New Agentic AI Capabilities to Transform Intelligent Finance

Basware, a global leader in Invoice Lifecycle Management (ILM), has unveiled new AI agents in its ILM platform to transform invoice processing and make accounts payable even more autonomous. The launch makes the future of intelligent finance a reality, today. 

Wednesday, February 25, 2026 - 14:03
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/news/artificial-intelligence/basware-launches-new-agentic-ai-capabilities-transform-intelligent
Financial IT
Adam Watson Joins DTCC as Managing Director and Head of Asset Services

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Adam Watson has joined the firm as Managing Director and Head of Asset Services.

Wednesday, February 25, 2026 - 13:57
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/news/people-moves/adam-watson-joins-dtcc-managing-director-and-head-asset-services
Financial IT
Ecommpay Launches Free E-Commerce Fraud Defence Guide

Merchants are facing an increasingly sophisticated landscape of digital threats, with payment fraud losses in the UK reaching a staggering £1.17 billion in 2024 alone.

Wednesday, February 25, 2026 - 12:26
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/news/e-commerce/ecommpay-launches-free-e-commerce-fraud-defence-guide
Financial IT
Cross-Border Payments Solution Expands Into UK Market to Support SMEs

Cross-border payments company, Currenxie, has today launched its business account solution in the UK for SMEs looking to transact globally and enter new markets. 

Currenxie, a fintech company founded in 2014, specialises in simplifying global payments for businesses. The company provides comprehensive solutions for SMEs when collecting, exchanging, and sending money worldwide. 

Wednesday, February 25, 2026 - 12:15
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/news/payments/cross-border-payments-solution-expands-uk-market-support-smes
Financial IT
Atom Bank Continues Commitment to Early Talent With Futures Fund Grants, More Women in Tech Scholarships and Work Experience Opportunities

Newcastle-based Atom bank has today announced the successful distribution of £13,250 to recipients of the Atom Futures Fund, reaffirming its deep-rooted commitment to supporting and developing early career talent in the North East of England.

Wednesday, February 25, 2026 - 11:59
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/news/infrastructure/atom-bank-continues-commitment-early-talent-futures-fund-grants-more-women-tech
Financial IT
Allica Bank Raises $155M Series D Round to Accelerate UK Growth and Tech Investment and Commence International Expansion

Allica Bank, the leading digital bank for small and medium businesses (SMBs), has announced a $155m Series D capital raise from Ventura Capital, GLG , Sona AM and existing investors TCV and Blue Owl. The majority of the round consists of common equity, alongside a portion of new additional Tier 1 equity capital. 

Allica is the category defining digital bank for established SMBs (businesses with typically 5-250 employees), providing a full stack of services using proprietary technology.

Wednesday, February 25, 2026 - 11:55
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/news/fundraising-news/allica-bank-raises-155m-series-d-round-accelerate-uk-growth-and-tech
Financial IT
GenAI Delivering Now, Tokenization Is Next: Financial Services Enters Period of Accelerating Transformation, Landmark Broadridge Study Finds

With GenAI deployment delivering measurable business results, financial services firms are doubling down on technology transformation and taking aim at the tokenization of market infrastructure.

Wednesday, February 25, 2026 - 11:52
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/news/artificial-intelligence/genai-delivering-now-tokenization-next-financial-services-enters-period
Financial IT

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