ChannelLife UK - Industry insider news for technology resellers
United Kingdom

UK Stories

Financial institutions stories

BioCatch launches Scams360 to cut £450 million UK scam losses
Biometrics

BioCatch launches Scams360 to cut £450 million UK scam losses

BioCatch has launched Scams360 to help UK banks cut social engineering scam losses, which reached £450 million in 2024, using advanced behavioural biometrics.

By Catherine Knowles • 4 min read • Fri, 18th Jul 2025

Global Stories

Financial institutions stories

Data management - it's a high-stakes game
Data Protection

Data management - it's a high-stakes game

In 2024, data breaches threaten business survival as regulators enforce stricter cybersecurity rules and firms must manage vast unstructured data with care.

By Andy Milburn • 5 min read • Thu, 24th Jul 2025
Gresham names Hayley Zhu Sales Director to lead APAC growth
Fintech

Gresham names Hayley Zhu Sales Director to lead APAC growth

Gresham appoints Hayley Zhu as Sales Director to drive growth and lead strategy across Asia-Pacific's evolving financial technology landscape.

By Jed Nykolle Harme • 3 min read • Fri, 18th Jul 2025
Chargebacks911 report reveals USD $170 billion hit from fraud
Marketing Technologies

Chargebacks911 report reveals USD $170 billion hit from fraud

Chargebacks911 reveals merchants lose over USD $170 billion annually to chargeback fraud, driven by consumer convenience and rising dispute misuse in digital payments.

By Shannon Williams • 3 min read • Wed, 16th Jul 2025
Financial sector faces third-party vendor cyber security gaps
Advanced Persistent Threat Protection

Financial sector faces third-party vendor cyber security gaps

A Black Kite report reveals most third-party vendors in finance show major cyber security flaws, posing serious risks despite fewer direct attacks on institutions.

By Jed Nykolle Harme • 4 min read • Tue, 15th Jul 2025
Celonis & Bright Cape launch app to streamline KYC compliance
Digital Transformation

Celonis & Bright Cape launch app to streamline KYC compliance

Celonis and Bright Cape launch Smart KYC Control Tower app to help financial firms cut costs, boost compliance and improve customer experience in KYC processes.

By Sean Mitchell • 3 min read • Thu, 10th Jul 2025
Appian recognised for AI innovation on 2025 AIFinTech100 list
Digital Transformation

Appian recognised for AI innovation on 2025 AIFinTech100 list

Appian has been named on FinTech Global's 2025 AIFinTech100 list for pioneering AI-driven solutions that transform banking, compliance and financial services workflows.

By Melania Watson • 3 min read • Wed, 9th Jul 2025
Fiji central bank leads push for stronger national cyber resilience
Data Protection

Fiji central bank leads push for stronger national cyber resilience

The Reserve Bank of Fiji is spearheading efforts to enhance national cyber resilience amid rapid digital growth, urging collaboration between public and private sectors.

By Melvin Hipolito • 4 min read • Fri, 27th Jun 2025
Backbase names Adrian McPhee CTO to lead global AI banking push
Data Analytics

Backbase names Adrian McPhee CTO to lead global AI banking push

Backbase appoints Adrian McPhee as CTO to spearhead its AI-powered banking platform, accelerating global digital transformation in the financial sector.

By Melvin Hipolito • 3 min read • Fri, 27th Jun 2025
Xero acquires Melio for USD $2.5 billion to boost US growth
Fintech

Xero acquires Melio for USD $2.5 billion to boost US growth

Xero is set to acquire US payments platform Melio for USD $2.5 billion, boosting its North American growth and integrating payments with accounting solutions.

By Kaleah Salmon • 5 min read • Fri, 27th Jun 2025
FourTwoThree unveils global SME climate data platform with bank support
Hyperscale

FourTwoThree unveils global SME climate data platform with bank support

FourTwoThree launches a global SME climate data platform supported by NatWest, NAB and SC Ventures to aid net zero transitions across supply chains.

By Catherine Knowles • 4 min read • Thu, 26th Jun 2025

Stories from Other Regions

Financial institutions stories

New government 'alliance' formed to combat online scammers
Cybersecurity

New government 'alliance' formed to combat online scammers

New Zealand's government forms 'Anti-Scam Alliance' with banks, police and tech firms to tackle online scams through real-time data sharing.

By Craig McCulloch • 2 min read • Fri, 11th Jul 2025
Ashurst appoints Terri Mottershead to lead digital legal push
Digital Transformation

Ashurst appoints Terri Mottershead to lead digital legal push

Ashurst appoints Terri Mottershead as Director to lead its global digital legal services team, boosting AI and technology-driven innovations for clients.

By Jed Nykolle Harme • 4 min read • Fri, 4th Jul 2025
Forum establishes rising AI security risks in Canadian finance
Fintech

Forum establishes rising AI security risks in Canadian finance

The results of the first of four Canadian government-run workshops were released in a report.

By Jake MacAndrew • 2 min read • Fri, 4th Jul 2025
Moneythor launches AI suite to boost bank personalisation
Data Analytics

Moneythor launches AI suite to boost bank personalisation

Singapore's Moneythor launches AI Suite to help banks deliver personalised, proactive banking experiences and boost customer engagement globally.

By Catherine Knowles • 4 min read • Thu, 3rd Jul 2025
Visa launches Security Roadmap to combat AI-driven payment fraud
Ransomware

Visa launches Security Roadmap to combat AI-driven payment fraud

Visa launches a Security Roadmap in New Zealand to tackle rising AI-driven payment fraud, offering new tools and support for small businesses amid NZD $194m losses.

By Catherine Knowles • 4 min read • Thu, 3rd Jul 2025
Quinn raises $11 million to boost AI-powered wealth advice
Platform-as-a-Service

Quinn raises $11 million to boost AI-powered wealth advice

Quinn, a New York fintech, secured $11m to launch AI-driven platform offering personalised wealth advice for financial institutions at scale.

By Catherine Knowles • 3 min read • Thu, 26th Jun 2025