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FCA urges fintechs to design AI around customer needs
Digital Transformation

FCA urges fintechs to design AI around customer needs

The regulator says firms risk poor customer outcomes unless AI tools are built around real needs, strong oversight and resilience.

By Karen Joy Bacudo • 3 min read • Yesterday

Global Stories

Banking stories

First Digital: Agentic AI to reshape payment infrastructure
Crypto

First Digital: Agentic AI to reshape payment infrastructure

Businesses are being urged to build safeguards now as AI agents could soon be transacting more value than humans, First Digital says.

By David Shilovsky • 6 min read • Today
Braid raises USD $38 million to expand embedded connectivity
Airlines

Braid raises USD $38 million to expand embedded connectivity

The cash will fund Braid's international expansion as it races to broaden carrier coverage and compete in a growing embedded connectivity market.

By Karen Joy Bacudo • 4 min read • Today
Candescent adds Memcyco to its banking marketplace
Security Information and Event Management

Candescent adds Memcyco to its banking marketplace

Banks and credit unions gain earlier warnings on phishing and account takeover as Candescent adds Memcyco to its marketplace.

By Joseph Gabriel Lagonsin • 4 min read • Today
Raiffeisen slashes mainframe cyber recovery to two hours
Disaster Recovery

Raiffeisen slashes mainframe cyber recovery to two hours

Austrian bank IT services provider Raiffeisen Informatik said a total storage loss would now be recoverable in one to two hours, not seven days.

By Joseph Gabriel Lagonsin • 4 min read • Today
Most financial firms expect AI-led operations within years
Digital Transformation

Most financial firms expect AI-led operations within years

Only 22% can see what AI agents are doing, as most banks and insurers race towards AI-led operations and lose sight of productivity gains.

By Karen Joy Bacudo • 4 min read • Today
ActiveViam appoints Dean McIntyre as Chief Revenue Officer
Data Analytics

ActiveViam appoints Dean McIntyre as Chief Revenue Officer

The risk technology group is seeking faster international growth as it adds a veteran commercial executive to deepen ties with large financial institutions.

By Karen Joy Bacudo • 3 min read • 2 days ago
Global data centre market to hit USD $645bn by 2032
Edge Computing

Global data centre market to hit USD $645bn by 2032

Rising cloud and AI demand is set to nearly double global data centre spending to USD $645 billion by 2032, the study says.

By Mara Sugue • 3 min read • Today
V2 AI appoints three senior leaders amid AI growth
Digital Transformation

V2 AI appoints three senior leaders amid AI growth

The consultancy is boosting capacity as more clients seek help turning AI trials into scaled deployments across the region.

By Sean Mitchell • 3 min read • 3 days ago

Stories from Other Regions

Banking stories

Connexus renews Alkami tie as digital lending grows
Fintech

Connexus renews Alkami tie as digital lending grows

Digital channels now drive more than two-fifths of loan funding at the credit union, underscoring how borrowers are shifting online.

By Karen Joy Bacudo • 4 min read • Today
ALGA adds Chinese option to My O! app in Kyrgyzstan
Broadband

ALGA adds Chinese option to My O! app in Kyrgyzstan

Chinese-speaking users in Kyrgyzstan can now access telecoms, banking and shopping in My O! as ALGA responds to a changing customer base.

By Mara Sugue • 3 min read • Today
Beyond the Selfie: How EU AML Reform Could Reshape Customer Onboarding
Data Protection

Beyond the Selfie: How EU AML Reform Could Reshape Customer Onboarding

From July 2027, firms will face stricter proof-of-identity rules that could slow onboarding unless they adopt trusted digital credentials and better audit trails.

By Clive Bourke • 2 min read • Yesterday
HugoHub goes live in Pakistan with digital bank pilot
Fintech

HugoHub goes live in Pakistan with digital bank pilot

The pilot could help expand access to banking in a market where only slightly more than a quarter of adults had an account in 2024.

By Karen Joy Bacudo • 5 min read • Yesterday
AI agents surge on protected transactions, Arkose says
Artificial Intelligence

AI agents surge on protected transactions, Arkose says

Banks and retailers are increasingly seeing genuine AI agents on logins and checkouts, forcing firms to separate customer help from fraud.

By Joseph Gabriel Lagonsin • 4 min read • Today
ZeroTier wins Money20/20 pitch with quantum-secure platform
Hybrid Cloud

ZeroTier wins Money20/20 pitch with quantum-secure platform

Banks face growing pressure to secure ageing systems against future quantum attacks, and ZeroTier's pitch drew strong interest from fintech investors.

By Karen Joy Bacudo • 3 min read • Today
Mobile-First Banking: The Role of Identity Verification
Fintech

Mobile-First Banking: The Role of Identity Verification

Mobile verification can cut onboarding friction for banks while strengthening fraud checks and compliance as customers expect account opening in minutes.

By Bud Walker • 4 min read • Yesterday
Your bank statements are now your loan application. Most small business owners don't know it
Fintech

Your bank statements are now your loan application. Most small business owners don't know it

Real-time checks on deposits, overdrafts and even buy now, pay later debts can mean quicker approvals or a loan rejection for owners.

By Nick Lim • 4 min read • Yesterday