The Year in FinTech: Top News from October
Hexaware is helping banks defend against increasingly sophisticated cyber threats while delivering significant automation gains.
Modern banking has never been more at risk, with malicious actors operating globally to create new scams and methods to con someone out of their money.
With these increasingly sophisticated cybersecurity threats, alongside heightened regulatory compliance requirements, banks need support in order to keep people's money safe and stay within the guidelines.
This is where Hexaware Technologies comes in, built on the mantra of AI-led, human intelligence-perfected solutions to businesses, positioning itself as a trusted partner for core banking transformations.
The company's AI-first approach and focus on mid-market clients offer a compelling alternative to traditional large-scale providers.
PayPal Claims Third in FinTech Magazine’s Top 100 Companies
PayPal ranks third in FinTech Magazine's annual ranking while processing US$1.68tn in payment volume.
PayPal has secured third position in the Top 100 FinTech Companies list, recognition that comes as the digital payments platform executes a transformation strategy designed to extend its reach beyond transactions into commerce.
The San Jose-based firm operates across 200 markets with 434 million active accounts comprising both consumers and the 36 million merchants who use its services.
In 2024, the platform processed US$1.68tn in total payment volume and generated US$31.8bn in revenue, representing growth of 10% and 6.7% respectively.
OUT NOW: The World's 100 Leading FinTech Companies List 2025
FinTech Magazine's 2025 list of the 100 World's Leading FinTech Companies is LIVE.
The World's 100 Leading FinTech Companies List 2025 has been unveiled at FinTech LIVE London 2025, spotlighting the global leaders driving transformation in financial services through innovation, technology and customer-centric solutions.
This annual ranking highlights the organisations setting the benchmark for digital finance, regulatory excellence and technological advancement across the industry.
Nucleus Software: Enabling Transformation at Bank of Sydney
Nucleus Software’s Ashwani Arora explains how the innovative fintech accelerates transformation, enriches banking and delivers seamless customer experience
In an increasingly competitive market, where hyper-personalised and seamless experiences are critical, banks are turning to technology partners like Nucleus Software to transform how they operate.
Four years ago, Australia’s Bank of Sydney began this process, seeking to accelerate its digital lending transformation strategy, modernise legacy processes and enable greater end-to-end acquisition and management of online customers.
For Ashwani Arora, Global Customer Success Head at Nucleus Software, the global fintech with strong roots in India and a decade - long presence in Australia is the perfect partner for this kind of transformation.
What is Snowflake's Cortex AI for Financial Services?
Snowflake's Cortex AI for Financial Services is a new tool suite to help financial firms securely deploy AI models and agents
Snowflake has introduced its Cortex AI for Financial Services, a new collection of tools aimed at assisting financial institutions in the deployment of AI models and agents.
The platform has been developed to work within the sector's regulatory compliance and data security frameworks.
With this launch, in partnership with FactSet, MSCI, Anthropic and Salesforce, Snowflake looks to address challenges particular to regulated industries such as fragmented data ecosystems and strict governance requirements.
Executives
Alex Chriss
President & CEO
