Banking Stories

UK Stories

Banking stories

UK leads AI adoption as returns lag behind investment

Despite rapid adoption, UK firms are struggling to turn AI spending into measurable gains, with trust and returns still out of sync.

By Sofiah Nichole Salivio • 4 min read • Today

Hyperscale

Aveni: After Mills Review, AI agents need targeted assurance

Banks and other firms face fresh pressure to supervise chatbots like staff, as Aveni says smaller models need social science to spot bias and risk.

By Jake MacAndrew • 3 min read • Yesterday

Global Stories

Banking stories

Manufacturing

HCLTech signs Anthropic partnership for enterprise AI

The deal should help large firms deploy safer AI systems, with HCLTech adding Claude to services and software for banks, hospitals and manufacturers.

By Mara Sugue • 4 min read • Today

Phishing

Memcyco updates PoSA to spot attacker devices earlier

Fraud teams can now flag suspicious devices before login, as PoSA v1.11 adds real-time risk scores to help stop account takeovers earlier.

By Joseph Gabriel Lagonsin • 4 min read • Today

Data governance

Bloomberg launches Enterprise MCP for AI data access

Financial firms can now give AI agents governed access to Bloomberg data, with context that clarifies currency, pricing and timing.

By Joseph Gabriel Lagonsin • 4 min read • Today

Payment Technologies

AI agents force payments industry to verify intent

Banks and card networks may need new checks as software agents start buying on customers' behalf, blurring fraud and consent.

By Joseph Gabriel Lagonsin • 4 min read • Today

Risk & Compliance

nCino launches AI suite for mortgage loan officers

The new tools are already in use at Educated Mortgage, as lenders seek to cut manual work and speed up turnaround times.

By Karen Joy Bacudo • 3 min read • Today

Digital Transformation

Bir brings Azerbaijan's digital banking experience to Istanbul fintech week

The rapid uptake shows Bir is becoming a mass-market daily banking platform, with 90% of customers now using its app for routine transactions.

By Sofiah Nichole Salivio • 4 min read • Today

Data governance

Bloomberg launches enterprise MCP for AI data access

Financial firms can now let AI agents pull licensed Bloomberg data through a standardised interface that also supplies the context needed to use it correctly.

By Joseph Gabriel Lagonsin • 4 min read • Today

Generative AI

Duco says agentic AI cuts bank reconciliation work 76%

Production trials at 12 banks and financial institutions cut manual post-trade reconciliation work by an average of 76%, Duco said.

By Joseph Gabriel Lagonsin • 4 min read • Today

Fintech

Juspay revenue rises 30% to USD $75 million in FY26

Core India operations stayed profitable as the payments firm expanded overseas and pushed into AI, even after a USD $10 million net loss.

By Karen Joy Bacudo • 3 min read • Yesterday

Hybrid Cloud

RSA launches Agent ID for regulated AI agent control

Regulated firms can now track shadow AI as RSA says Agent ID will help banks and public bodies assign owners and approvals to agents.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday

Digital Transformation

Qualcom appoints Fergal Flattery to grow AI practice

The Irish provider has committed €500,000 to the unit as demand grows for secure, practical AI adoption among businesses.

By Sofiah Nichole Salivio • 3 min read • 2 days ago

Hybrid Cloud

CaixaBank deepens Google Cloud deal to boost AI use

The extended pact will help Spain's biggest digital bank roll out AI tools for staff and customer services while tightening data and security controls.

By Karen Joy Bacudo • 4 min read • 2 days ago

Storage

Data sovereignty is a strategic imperative in the AI era

AI is pushing boards to weigh local control against cloud convenience, with 80% of respondents saying sovereignty matters more in vendor selection.

By Anthony Caruana • 4 min read • Last week

Stories from Other Regions

Banking stories

Fintech

Convera names four executives to drive global platform

The appointments support Convera's push to integrate cross-border payments, FX risk tools and multi-currency services for business customers.

By Sofiah Nichole Salivio • 3 min read • Today

Encryption

NAB rolls out encrypted mobile ID checks in Queensland

Selected Queensland customers can now verify their identity at NAB branches by sharing a mobile driver licence, cutting manual checks and document handling.

By Mara Sugue • 4 min read • Yesterday