Banking stories
A majority of large UK firms fear quantum computing could erode competitiveness, but most are delaying hiring and planning until 2030 or later.
The full rollout could reduce administration and compliance burdens for Patronus Partners as wealth managers look to join up legacy systems with AI.
Most firms have expanded customer-facing AI even as a survey found 77% fear their strategies could harm vulnerable customers.
Businesses could cut card fees and automate collections as recurring Pay by Bank opens to wider use through the UK Payments Initiative scheme.
Despite widespread agreement on its importance, most banks still use manual adverse media checks, leaving them exposed to crime and reputation risk.
The update aims to stop conflicting writes across sites in critical sectors such as banking and payments, reducing reconciliation risk.
Banks and investment firms face mounting exposure as ransomware incidents jump and more than half of vendors carry high-severity flaws.
The index provider is stepping up its AI push with a new board committee and a Silicon Valley office to speed product development.
Many firms are exposing sensitive data as shadow AI and weak controls leave them open to breaches, hallucinations and unauthorised access.
Banks can add fintech services without ripping out ageing core systems as DXC's CoreIgnite offers a single link to partners and networks.
Banks using ebankIT can now trigger extra checks when fraud risk rises, after AI-driven impersonation exposed gaps in one-off onboarding checks.
Enterprises in India and beyond stand to gain a single vendor for AI infrastructure and software as the firms target GCC demand and global expansion.
Merchants and banks are demanding better payment reliability as The Power 50 names 40 companies and 10 figures in its 2026 ranking.
Oxford Information Labs says cross-border scam probes could improve as the upgraded platform draws on about 28 million signals across ASEAN.
Tighter Indian audit rules are pushing banks and public bodies to watch database activity more closely, especially inside sensitive systems.
Retailers could save about $40 million a year if lower limits on company card interchange fees are adopted, easing checkout costs.
The move gives the British Columbia lender a foothold in Canada's payments infrastructure, with potential to speed transfers for 200,000 members.
Credit unions and community banks gain extra protection as Eltropy embeds voice, device and fraud checks amid rising AI-driven impersonation risks.
The summit will examine how automated decisions in hiring, healthcare and banking can amplify bias and leave marginalised Canadians with little recourse.
The bank plans to add 440 net new roles in British Columbia by 2029 as it widens its artificial intelligence and banking operations.