Banking stories
Empower FCU picks MANTL to streamline omnichannel account opening, targeting sub-10-minute sign-ups across digital and branch channels.
Wealthfront posts record revenue and assets but plunges to GAAP loss after IPO-linked stock-based pay drives expenses sharply higher.
Stake raises USD $8m and buys UMoveFree and Lighthouse to build an AI-driven renter network spanning search, leasing, rewards and banking.
Synechron merges Chamonix IT, Exposé and iGreenData into a single Australian consultancy, unveiling a new national leadership team.
Oracle named IDC MarketScape leader for AI-enabled embedded trade finance apps, bolstering its position in bank trade digitisation.
Modern Treasury joins Mastercard's Crypto Partner Program to power fiat-crypto on/off-ramps and cross-border blockchain payment flows.
Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.
AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
Forward Edge-AI unveils a seven-phase post-quantum crypto playbook, giving regulators and critical sectors a 12-month migration roadmap.
Iranian state-aligned hackers are shifting from spying to destructive cyber strikes, putting Western critical infrastructure on high alert.
Finastra is embedding FraudAverse's AI-driven fraud checks into its Financial Messaging platform to secure real-time global and instant payments.
Chartis names SAS a category leader in AI governance, spotlighting Viya's model controls as demand for robust oversight accelerates.
Creditinfo launches fraud and AML platform in Uganda, targeting rising digital payment risks and bolstering banks' compliance tools.
BioCatch launches DeviceIQ to scan mobile and web devices before login, spotting AI-driven fraud and compromised handsets in milliseconds.
Australian firms' slow, piecemeal AI adoption risks wasted investment and lost ground to faster-moving global rivals, TP leaders warn.
Mastercard Move links with Bank of Shanghai to add bank account rails for two-way cross-border payments between China and global markets.
Revolut rolls out PayTo in Australia, giving customers real-time control over recurring bills and subscriptions to help curb surprise charges.
Visa widens Bridge tie-up to let more firms issue stablecoin-backed cards, targeting faster, more certain cross-border SMB payments.
Experian launches a postcode-based credit score comparison app inside ChatGPT, aiming to boost transparency and engagement among UK users.
UK credit cardholders carry record debt despite spending less, as weaker repayments push average balances to GBP £1,950, FICO data shows.