Banking stories - Page 2

Sitehop unveils pocket-sized SAFEcore Edge to secure remote network links for critical infrastructure, finance and government against quantum threats.

UK banks face a sharp rise in authorised fraud as phishing, purchase scams and stolen-device attacks surge, BioCatch data shows.

Appdome widens its IDAnchor platform with server-side Risk Intelligence APIs, giving fraud teams verified mobile signals, threat history and AI-ready scores.

Visa takes a direct stake in Tempo's blockchain operations, joining an early group of outside validators as it deepens its stablecoin and payments push.

UK households under strain as survey finds finances worsening, bill payments missed and £23 billion in support still unclaimed.

Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.

Scotiabank puts AI under one roof as new enterprise platform rolls out for staff, with commercial email routing and client tools already delivering gains.

WealthAi hires ex-Microsoft and Amazon executive Pratim Das as Chief Technology Officer and names Harry Kyprianou Head of Product.

Ataccama rolls out AI Act evidence tools for banks, aiming to prove data quality at the point of use across lending, AML and fraud systems.

OpenText and S3NS launch a sovereign cloud service for Europe, offering regulated customers in France locally governed hosting with Google Cloud technology.

Wise posts higher transfer volumes and customer balances as it targets a Nasdaq primary listing in May 2026 while keeping London.

Oracle expands its financial crime platform with Lucinity's AI investigation tools, aiming to cut compliance workloads for banks and regulated firms.

Banks are slowing AI rollouts as they prioritise process visibility, with Celonis arguing execution depends on understanding how work flows today.

UK banks urged to use customer profiling, real-time monitoring and ecosystem data sharing to curb authorised push payment losses and protect trust.

Starling Bank says sole traders are embracing AI for quick tax guidance as Making Tax Digital rules prompt a shift to digital accounting tools.

FintechOS rolls out FintechOS 8 preview, pairing governed AI with product workflows for lenders and insurers as it eyes launch later this quarter.

Cambodia scam compounds are being tied to a mobile banking fraud network that hit users in 21 countries, researchers say.

ADAPTOVATE taps transformation veteran Jim Cundiff as Managing Director and Partner to deepen North American growth and its AI consulting push.

SLR deepens its digital climate analytics offer with the acquisitions of Planetrics and ClimSystems, targeting asset-level risk modelling.

Persistent and Databricks launch Merchant Risk Management and Fraud Detection solution for banks and payment providers facing rising digital payment fraud.