Banking Stories

UK Stories

Banking stories

UK firms spend on AI without clear returns, study finds

Most UK businesses are failing to measure AI returns, with 83% of decision-makers saying they have spent without clear evidence of value.

By Karen Joy Bacudo • 4 min read • Today

Artificial Intelligence

Britons doubt banks can spot sophisticated fraudsters

Rising fraud and AI-powered impersonation are leaving banks under pressure to improve checks, as 69% of Britons doubt they could spot a deepfake fraudster.

By Karen Joy Bacudo • 4 min read • Yesterday

Construction

Kao Data launches site to explain data centres to public

The site aims to calm local concerns over energy, water and noise by answering basic questions about the infrastructure behind everyday digital services.

By Sofiah Nichole Salivio • 4 min read • Yesterday

Data governance

Finance workers share sensitive data with AI tools

Nearly half of finance and insurance staff using AI at work have pasted sensitive information into tools without employer approval, a survey found.

By Karen Joy Bacudo • 3 min read • 2 days ago

Global Stories

Banking stories

Risk & Compliance

ID-Pal & ThirdEye launch AML partnership across markets

Banks and other regulated firms in three countries will be able to link onboarding checks with ongoing AML monitoring as fraud risks intensify.

By Sofiah Nichole Salivio • 3 min read • Today

Risk & Compliance

Morgan Stanley adds loan deposit feature via Hyperlayer

Wealth Management clients can now receive securities-based loan proceeds into existing Morgan Stanley accounts, with restrictions enforced automatically.

By Sofiah Nichole Salivio • 3 min read • Today

Manufacturing

Diraq deploys Australia's first quantum computer in Sydney

The eight-qubit machine is now live in Sydney, marking a move from laboratory research to commercial use and giving Australia its first quantum computer.

By Mara Sugue • 4 min read • Yesterday

Fintech

Birbank adds cinema ticket booking for Azerbaijan users

The move gives more than 5 million users a single in-app route to book films and seats, broadening Birbank beyond payments before year-end launch.

By Sofiah Nichole Salivio • 3 min read • 2 days ago

Fintech

Physical cards still key as German debit use surges

Germany's debit card boom is forcing banks to rethink cards as digital wallets rise, with annual transactions jumping from 3.9 billion to 10.9 billion.

By Karen Joy Bacudo • 4 min read • 2 days ago

Encryption

Data Governance in Banking: A Framework for Better Data Quality

Poor data can undermine compliance, fraud detection and reporting, making strong governance essential for banks handling sensitive customer records.

By Bobby Joseph • 5 min read • 2 days ago

Risk & Compliance

Uptiq launches GovernAI for financial institutions

The tool is meant to ease board and regulator concerns by giving lenders audit trails, approvals and user controls for AI agents.

By Karen Joy Bacudo • 4 min read • Last week

Manufacturing

Wipro names Angan Guha to lead Americas 2 business

The appointment signals Wipro's push to strengthen client ties and growth across key sectors in the Americas 2 region from 8 December 2026.

By Sofiah Nichole Salivio • 3 min read • Last week

Stories from Other Regions

Banking stories

Fintech

Hyperlayer launches loan deposit feature for Morgan Stanley

Eligible borrowers at Morgan Stanley Wealth Management can now access securities-based loan proceeds in existing accounts, with spending rules enforced automatically.

By Karen Joy Bacudo • 4 min read • Today

Hyperscale

SAS predicts 2027 AI boom will hinge on trust & value

As AI agents take on bigger tasks, firms will be pushed to prove they can control them safely and justify the spending.

By Karen Joy Bacudo • 5 min read • Today

Data Protection

Dreeze launches cloud recovery platform with USD $33 million

The seed round will help Dreeze expand sales and product work as firms seek faster restoration of cloud applications after outages or cyberattacks.

By Karen Joy Bacudo • 4 min read • Today

Fintech

Wise launches Everyday Account in Australia for relocators

Relocators and other customers can now manage Australian bills, salary payments and foreign currencies in one account, with fees removed on local AUD transfers.

By Karen Joy Bacudo • 4 min read • Yesterday