Banking Stories - Page 2

UK Stories

Banking stories

Creditspring tops GBP £1 billion in loan disbursements

Households squeezed by higher costs are turning to fixed-fee borrowing, helping the lender pass GBP £1 billion in loans.

By Karen Joy Bacudo • 4 min read • Last week

Fintech

UK Fraud liability in 2026: The hidden cost of synthetic identity fraud

Banks now face a capped GBP £85,000 reimbursement bill per claim as synthetic identity fraud turns into a direct liability under tighter UK rules.

By Barley Laing • 5 min read • Last week

Global Stories

Banking stories

Fintech

Bir partners UnionPay to widen Azerbaijan card use

UnionPay cardholders in Azerbaijan will soon be able to pay at more merchants as Bir expands acceptance across its banking and eCommerce network.

By Sofiah Nichole Salivio • 3 min read • 4 days ago

Phishing

Fake shop scams more than double in first half of 2026

Shoppers in the UK and Europe face a growing risk of cloned retail sites as Gen blocked 114.2 million fake e-shop attacks in six months.

By Joseph Gabriel Lagonsin • 4 min read • 4 days ago

Customer Relationship Management

Watchlist screening: Reducing false positives in Australia & New Zealand

Higher false positive rates are slowing onboarding and draining compliance teams as sanctions screening volumes rise across Australia and New Zealand.

By Edmund Ng • 6 min read • 4 days ago

Private Cloud

Standard Chartered taps Broadcom for private cloud overhaul

The shift has already cut deployment times to a day as the bank rebuilds critical systems for 54 markets on a private cloud platform.

By Sofiah Nichole Salivio • 3 min read • 4 days ago

Payment Technologies

Mastercard launches wallet tools as Apple opens NFC

Banks and fintechs may soon keep more payments inside their own apps, as Apple's wider NFC access loosens iPhone wallet restrictions.

By Karen Joy Bacudo • 4 min read • Last week

Crypto

Alpaca raises USD $135 million in Peak XV-led round

The fresh capital will help Alpaca expand regulated brokerage infrastructure for clients building products across traditional and on-chain markets.

By Karen Joy Bacudo • 4 min read • Last week

Software-as-a-Service

Sage adds GoCardless Pay by Bank to accounting software

Small firms can now collect one-off invoice payments faster, with automatic reconciliation aimed at easing cash flow and admin work.

By Karen Joy Bacudo • 3 min read • Last week

Fintech

Mambu gains Swift certification for payments platform

New customers can tap Swift's global network without building their own connectivity, as BankB goes live on Mambu's managed service.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Banking stories

Digital Transformation

Revolut launches Australian bank after licence win

Australia-based customers will soon get savings accounts and a credit card as Revolut commits nearly AUD $400 million to its local banking push.

By Karen Joy Bacudo • 4 min read • 3 days ago

Digital Transformation

Australian banks pay over AUD $4,000 a day for specialists

Banks and insurers are scrambling for scarce regulatory experts as deadlines bite, even after cutting about 8,000 permanent roles this year.

By Sean Mitchell • 4 min read • 3 days ago

Data Protection

Australians turn to AI for money advice, survey finds

Trust remains a hurdle as younger Australians increasingly use AI to research investments, superannuation and retirement planning, a survey shows.

By Sean Mitchell • 4 min read • 4 days ago

Digital Transformation

Australia urges small firms to ditch cheques for digital

Small businesses face disruption as Australia phases out cheques by 2029, with 3.5 million bank cheques still unbanked.

By Sean Mitchell • 3 min read • 4 days ago

Fintech

Payments NZ chief calls for stronger interoperability

New Zealand's payments system could face disruption unless banks and providers agree common standards, Steve Wiggins said.

By Mark Tarre • 3 min read • Last week

Software-as-a-Service

Lumin Digital raises USD $115 million in new capital

Backers including clients boosted the bank software provider's war chest to fund AI, payments and lending development as valuation hit USD $1.6 billion.

By Karen Joy Bacudo • 4 min read • Last week