Banking stories - Page 6

Open banking has swiftly evolved from a regulatory fix into core UK infrastructure, transforming payments, lending and everyday money management.

WorkFusion's AI agent Tara has been named AML Solution of the Year by FinTech Breakthrough for streamlining sanctions screening workloads.

European fintech is maturing as G+D's Sofiane Chouane charts a future shaped by stricter regulation, AI, and bank-startup partnerships.

Dublin regtech Corlytics wins Policy Management Solution of the Year at FinTech Breakthrough for its AI-driven compliance platform.

Aegon app Mylo consolidates more than GBP £135m in pensions as digital tracing tools tackle the UK's growing lost pots problem.

Austrian startup TACEO unveils encrypted shared network to run finance, identity and AI workloads without exposing sensitive data.

Obin AI exits stealth with USD $7 million to build auditable AI agents for heavily regulated financial workflows and asset managers.

Entrust and Veyco launch integrated digital ID and QES workflow, as Nationwide becomes first UK lender to use it for mortgage deeds.

OXIL unveils a safeguarding-based blueprint to fight online scams, shifting responsibility from individuals to coordinated organisational action.

Token.io launches Account on File to make Pay by Bank a near one-tap checkout, cutting steps and boosting conversion for UK and EU merchants.

Metro Bank teams up with Equals Money to offer FX forwards, helping UK business customers lock in exchange rates and manage currency risk.

Barclays and Sage are teaming up to link banking with cloud accounting, aiming to slash admin time for UK small firms as tax rules tighten.

Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.

Two-thirds of stolen identities are reused in fresh fraud, with many circulating for months as synthetic “Frankenstein” profiles, research warns.

Unlimited and Themis launch Complaints AI to help banks automate complaint analysis, spot emerging risks and meet tightening regulation.

Mastercard to acquire stablecoin platform BVNK in a deal worth up to USD $1.8 billion, deepening its push into on-chain payments.

PayPal widens access to its PYUSD stablecoin, rolling it out to accounts in 70 markets to speed up and cut the cost of cross-border payments.

Ditto launches cryptographic digital ID platform for EU, promising reusable wallet-based identities and less personal data exposure.

Starling launches free in-app MTD tax tool for sole traders and landlords, ahead of April 2026 digital income tax rules from HMRC.

Wise wins full Thai licences to launch cross-border wallets and cards, challenging banks in a USD $9.46 billion remittance market.