Banking stories
US money laundering cases rose 168% in H1 2025, with scams costing Americans USD $6.5 billion amid rising AI-driven fraud and stablecoin use.
Banks have accelerated the shift from AI research to practical tools, with top institutions rapidly deploying innovations in trading, fraud prevention, and customer service.
Krungsri has partnered with Informatica to boost data governance and management, supporting its digital growth and serving over 19 million customers across ASEAN.
Saudi fintech HALA has raised USD $157 million to expand SME services, launch new lending products, and support Vision 2030's economic goals.
Success with AI in Asia Pacific and Japan requires clear strategy, skilled talent, and strong partnerships, according to Dell Technologies.
Cloudhouse unveils Alchemy APS, enabling banks to swiftly modernise by packaging applications independently from legacy infrastructure, cutting costs and risks.
Pure Storage has been named a Leader in Gartner's 2025 Magic Quadrant for Enterprise Storage Platforms for the twelfth year running.
Kyndryl has named Graeme Beardsell as Managing Director for Australia and New Zealand to expand market presence and enhance customer value in the region.
Appian has been named a Leader in the IDC MarketScape for business automation, praised for its AI-driven platform which enhances operational efficiency.
Irish fintech has secured nearly EUR €1bn in five years, as new data show strong 2023 deal activity despite weaker European VC flows.
A browser flaw risks hijacking passkey authentication, threatening access to banking, shopping and SaaS accounts despite passkeys' security promise.
Cardiff-based ANNA Money has been named among the UK's top 150 fintech firms in CNBC's inaugural UK Fintech Companies Special Report.
UK banks will spend GBP £3.3bn by 2026 maintaining ageing core systems, facing rising costs, outages and regulatory fines amid growing digital demand.
Hong Leong Finance's HLF Digital app has topped SGD $1 billion in transactions since August, boosting fixed deposits and customer engagement.
Saviynt teams up with St. Fox to enhance identity security in India, targeting rapid digital transformation across key sectors with integrated solutions.
Cube Cyber has opened a Brisbane Security Operations Centre to provide 24/7 local cyber threat detection and response for Australian businesses.
Ecommpay expands Asian payment methods, enabling merchants to tap into the USD $23.8 trillion Asia-Pacific digital payments boom by 2032.
While global banking leaders embrace stablecoins for innovation, Canada remains cautious, delaying adoption amidst evolving digital currency trends.
AMP Bank GO has blocked over 1,000 fraudulent accounts in six months using a selfie video verification and numberless cards to enhance security.
NAB now requires new online customers to take biometric selfies and scan ID documents to combat fraud and enhance account security from September.