IT Brief UK - Technology news for CIOs & IT decision-makers
United Kingdom

Banking Stories - Page 2

UK Stories

Banking stories

Shufti wins iBeta Level 3 for face liveness on mobiles
Data Protection

Shufti wins iBeta Level 3 for face liveness on mobiles

Independent testing showed the firm's face checks can block spoofing on mainstream phones while avoiding friction for genuine users.

By Sofiah Nichole Salivio • 4 min read • Last week

Global Stories

Banking stories

Finance firms face rising audit pressure over databases
Data Protection

Finance firms face rising audit pressure over databases

Audit demands are exposing gaps in governance as finance firms juggle hybrid databases, multiple platforms and growing AI use.

By Sean Mitchell • 3 min read • Last week
Interledger Foundation expands open payments teaching
Fintech

Interledger Foundation expands open payments teaching

Students across four continents will learn to build interoperable payment systems as Interledger Foundation widens university courses and internships.

By Sean Mitchell • 4 min read • Last week
North Korea-linked hackers stole USD $2.02 billion
Software-as-a-Service

North Korea-linked hackers stole USD $2.02 billion

Losses from North Korea-linked digital asset theft jumped 51% in 2025, exposing banks and fintech firms to more identity-based intrusions.

By Sofiah Nichole Salivio • 3 min read • Last week
DesignVerse raises USD $5.5 million in seed funding
Digital Transformation

DesignVerse raises USD $5.5 million in seed funding

The funding will speed hiring and expansion after the Bucharest startup won EUROCONTROL work and passed USD $1.1 million in ARR.

By Sean Mitchell • 4 min read • Last week
Sinch survey finds 74% of firms rolled back AI agents
Digital Transformation

Sinch survey finds 74% of firms rolled back AI agents

Governance and safety costs are now overtaking development as many firms struggle to keep live customer-facing AI agents reliable and compliant.

By Sean Mitchell • 4 min read • Last week
Opswat named leader in G2 managed file transfer report
Data Protection

Opswat named leader in G2 managed file transfer report

Verified customer reviews have lifted the security vendor's MetaDefender Managed File Transfer into G2's Spring 2026 Leader tier.

By Sean Mitchell • 3 min read • Last week
Intruder finds exposed MySQL databases in 26% of firms
Ransomware

Intruder finds exposed MySQL databases in 26% of firms

The findings show many firms still leave internet-facing databases and admin tools open, giving attackers easy routes before flaws are even published.

By Sean Mitchell • 4 min read • Last week
Infobip study finds CX investment gap in global brands
Data Protection

Infobip study finds CX investment gap in global brands

Many global brands are failing to match CX spending with the systems needed for AI-led customer journeys, according to new research.

By Sean Mitchell • 4 min read • Last week
Explainer: Why Eftsure's original pitch is fading fast
Software-as-a-Service

Explainer: Why Eftsure's original pitch is fading fast

Bank-led name checks in Australia and New Zealand are eroding the niche that made Eftsure easy to sell a decade ago.

By Sean Mitchell • 6 min read • Last week
Backbase & Atos team up on AI-led banking modernisation
Data Protection

Backbase & Atos team up on AI-led banking modernisation

Banks in tightly regulated markets will get help modernising systems without surrendering data control, compliance or operational resilience.

By Sean Mitchell • 3 min read • Last week
ITC Infotech partners LayerLens on AI testing tools
Data Protection

ITC Infotech partners LayerLens on AI testing tools

Enterprises adopting AI will get new tools to assess model behaviour as ITC Infotech adds LayerLens' Stratix platform to its testing suite.

By Sofiah Nichole Salivio • 3 min read • Last week
SecurEnvoy appoints Giuseppe Sesta to drive Western Europe
Data Protection

SecurEnvoy appoints Giuseppe Sesta to drive Western Europe

Tighter EU compliance rules are driving demand for access controls as the security supplier expands its regional sales push across Western Europe.

By Sofiah Nichole Salivio • 4 min read • Last week
Dun & Bradstreet partners Anthropic on compliance AI
Digital Transformation

Dun & Bradstreet partners Anthropic on compliance AI

The deal could speed up onboarding for banks and other regulated firms by automating identity checks while keeping an audit trail inside Claude.

By Mark Tarre • 4 min read • Last week
Temenos launches AI tools for banking & compliance
Digital Transformation

Temenos launches AI tools for banking & compliance

Banks could speed up digital journeys and compliance checks as Temenos embeds AI agents and copilots into systems used for daily operations.

By Mark Tarre • 4 min read • Last week

Stories from Other Regions

Banking stories

Scam losses more than double as fraud hits consumers
Fintech

Scam losses more than double as fraud hits consumers

More consumers are losing larger sums to fraud as fake invoice and investment scams drive the biggest financial harm, F-Secure says.

By Sofiah Nichole Salivio • 4 min read • Last week
TP AI debt recovery matches human satisfaction in Asia
Digital Transformation

TP AI debt recovery matches human satisfaction in Asia

Banks in Asia are turning to AI collections tools as rising loan stress puts pressure on recovery rates and customer trust.

By Sofiah Nichole Salivio • 3 min read • Last week