Banking stories
Households squeezed by higher costs are turning to fixed-fee borrowing, helping the lender pass GBP £1 billion in loans.
Banks now face a capped GBP £85,000 reimbursement bill per claim as synthetic identity fraud turns into a direct liability under tighter UK rules.
Higher false positive rates are slowing onboarding and draining compliance teams as sanctions screening volumes rise across Australia and New Zealand.
The shift has already cut deployment times to a day as the bank rebuilds critical systems for 54 markets on a private cloud platform.
Banks and fintechs may soon keep more payments inside their own apps, as Apple's wider NFC access loosens iPhone wallet restrictions.
The fresh capital will help Alpaca expand regulated brokerage infrastructure for clients building products across traditional and on-chain markets.
Small firms can now collect one-off invoice payments faster, with automatic reconciliation aimed at easing cash flow and admin work.
New customers can tap Swift's global network without building their own connectivity, as BankB goes live on Mambu's managed service.
Nearly one in 100 failed identity checks now involves deepfake material, as AI-generated fraud threatens banking, payments and online services.
The hire signals Rogo's push to expand in finance, with annual recurring revenue up more than 50% and 100 new customers last quarter.
Businesses face mounting pressure to curb unsafe AI rollouts as executives warn that general-purpose tools are outpacing governance and controls.
Small businesses face disruption as Australia phases out cheques by 2029, with 3.5 million bank cheques still unbanked.
New Zealand's payments system could face disruption unless banks and providers agree common standards, Steve Wiggins said.
Backers including clients boosted the bank software provider's war chest to fund AI, payments and lending development as valuation hit USD $1.6 billion.
Staff can now pull member data in plain English after Corning Credit Union cut wait times from weeks to near-instant ad hoc searches.
Select banks and fintechs can now test stablecoin transfers in a Visa-managed environment built for treasury and settlement work.
Routine lending work could be slashed for ConnectOne Bank staff as nCino's AI tools cut some document searches from 20 minutes to 30 seconds.
Broadening its appeal beyond consumer banking, the lender has surpassed 6 million monthly users as digital adoption accelerates in Uzbekistan.
Household finances are under growing strain as more Australians dip into savings, cut discretionary spending and lean on credit for essentials.
Financial firms can now use governed Snowflake data in Rogo's AI tools without moving sensitive records outside existing controls.