Governance

Top tech news today: May 23, 2025

Tech News Roundup 1. Bank of Sydney upgrades digital banking The Bank of Sydney partners with Infosys Finacle to enhance its digital banking platform, aiming for improved customer experience and operational efficiency. Source 2. Airwallex valuation reaches $6.2B Airwallex secures $300 million in Ser…

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Headline

Tech News Roundup 1. Bank of Sydney upgrades digital banking The Bank of Sydney partners with Infosys Finacle to enhance its digital banking platform, aiming for improved customer experience and operational efficiency. Source 2. Airwallex valuation reaches $6.2B Airwallex…

Context

The Bank of Sydney partners with Infosys Finacle to enhance its digital banking platform, aiming for improved customer experience and operational efficiency. Source Airwallex secures $300 million in Series F funding, raising its valuation to $6.2 billion, as it expands its global payment solutions. Source

Evidence

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Analysis

Visa launches the Commercial Integrated Partners program to enhance collaboration with fintechs, offering pre-integrated digital payment solutions for businesses. Source PNC Bank announces the acquisition of Aqueduct Capital Group to enhance its capital advisory capabilities for private equity and credit markets. Source Catena Labs, co-founded by Sean Neville, announces an $18 million seed round to build the first AI-native financial institution, targeting the AI economy. Source The Cetus decentralized exchange on Sui blockchain reports a $200 million exploit, prompting urgent security measures from the team. Source

Key Points

  • 1. Bank of Sydney upgrades digital banking
  • 2. Airwallex valuation reaches $6.2B
  • 3. Visa streamlines fintech integrations
  • 4. PNC acquires broker-dealer Aqueduct
  • 5. Catena Labs emerges with AI-native plans

Actions

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Author

Fiona Xu