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Banking Stories - Page 39

UK Stories

Banking stories

UK fraud losses rise to GBP £629.3 million despite prevention gains
Payment Technologies

UK fraud losses rise to GBP £629.3 million despite prevention gains

Fraud losses in the UK rose to GBP £629.3m in early 2025 despite banks blocking GBP £870m in unauthorised fraud attempts, driven by online scams.

By Shannon Williams • 4 min read • Sat, 25th Oct 2025
TISA backs SMCR reforms to reduce burdens & raise standards
FCA

TISA backs SMCR reforms to reduce burdens & raise standards

The Investing and Saving Alliance supports SMCR reforms designed to ease regulatory burdens and enhance conduct standards in UK financial services.

By Kaleah Salmon • 4 min read • Thu, 16th Oct 2025

Global Stories

Banking stories

RecordPoint acquires Redactive to boost AI data security focus
AI Security

RecordPoint acquires Redactive to boost AI data security focus

RecordPoint has acquired Australian AI firm Redactive to enhance its AI data security and governance solutions for regulated industries globally.

By Shannon Williams • 4 min read • Thu, 23rd Oct 2025
Navigating hybrid cloud security in the AI era as regulations tighten
Hybrid Cloud

Navigating hybrid cloud security in the AI era as regulations tighten

Australia sees a 17% rise in data breaches as AI-driven threats on hybrid cloud systems surge, prompting tighter APRA regulations on cybersecurity compliance.

By David Land • 5 min read • Wed, 22nd Oct 2025
Iron Mountain unveils AI-driven platform for unified data control
Data Analytics

Iron Mountain unveils AI-driven platform for unified data control

Iron Mountain launches AI-powered InSight DXP platform to unify physical and digital data, boosting productivity and automating compliance for enterprises.

By Jed Nykolle Harme • 3 min read • Wed, 22nd Oct 2025
10x Banking appoints Philip Barnett as Executive Vice Chair for growth
Digital Transformation

10x Banking appoints Philip Barnett as Executive Vice Chair for growth

10x Banking appoints Philip Barnett as Executive Vice Chair to drive strategic growth and global expansion, focusing on Asia Pacific markets.

By Jed Nykolle Harme • 3 min read • Tue, 21st Oct 2025
RDC.AI wins top global award for transforming banking with AI
Fintech

RDC.AI wins top global award for transforming banking with AI

RDC.AI won Best AI-Powered Platform - Vendor at the Global AI Innovation Awards 2025 for transforming banking with predictive and explainable AI.

By Catherine Knowles • 3 min read • Fri, 17th Oct 2025
Global scam attempts jump 65% as banks tackle new fraud risks
Email Security

Global scam attempts jump 65% as banks tackle new fraud risks

Global scam attempts have surged 65% over the past year, with smishing rising tenfold as banks worldwide battle increasing fraud risks.

By Catherine Knowles • 4 min read • Thu, 16th Oct 2025
DBS wins World's Best AI Bank for innovation & digital strategy
Digital Transformation

DBS wins World's Best AI Bank for innovation & digital strategy

DBS has been named the World's Best AI Bank, recognised for its innovation and responsible AI use across retail and corporate banking services.

By Sean Mitchell • 4 min read • Thu, 16th Oct 2025
Banks eye responsible AI with global spend set for USD $67bn
Digital Transformation

Banks eye responsible AI with global spend set for USD $67bn

Global banking AI spend is forecast to hit USD $67bn by 2028 as firms focus on responsible adoption to drive strategy, innovation and risk management.

By Melvin Hipolito • 5 min read • Thu, 16th Oct 2025
APAC powers mobile app growth as global installs rise 11% in 2025
Gaming

APAC powers mobile app growth as global installs rise 11% in 2025

Asia-Pacific leads global mobile app growth in 2025, with installs up 11% and gaming revenues hitting USD $66.7 billion, says Adjust report.

By Shannon Williams • 4 min read • Wed, 15th Oct 2025
Global targets for cross-border payment reforms at risk of delay
Data Protection

Global targets for cross-border payment reforms at risk of delay

Global financial authorities are likely to miss their 2027 target to improve cross-border payments, with costs and regulatory hurdles still impeding progress.

By Shannon Williams • 4 min read • Wed, 15th Oct 2025
Appian honours APJ partners for excellence, innovation & growth
Digital Transformation

Appian honours APJ partners for excellence, innovation & growth

Appian has named Roboyo, WNS, Deloitte, Accenture, and Via Appia as winners of its 2025 APJ Partner Awards for excellence, innovation and growth in the region.

By Melvin Hipolito • 4 min read • Tue, 14th Oct 2025
Why it's vital to bring all of your customers on your CX transformation journey
Data Analytics

Why it's vital to bring all of your customers on your CX transformation journey

Australian banks must use AI and personalised service to rebuild trust and enhance customer experience across all age groups and regions.

By Jeremy Thomas • 5 min read • Mon, 13th Oct 2025

Stories from Other Regions

Banking stories

Zepto launches real-time solution to cut payment fraud & errors
Fintech

Zepto launches real-time solution to cut payment fraud & errors

Zepto launches Zepto Validate, a real-time account verification service in Australia to reduce payment fraud and failures with smart risk scoring.

By Melania Watson • 3 min read • Wed, 22nd Oct 2025
Canada launches anti-fraud strategy & Financial Crimes Agency
Email Security

Canada launches anti-fraud strategy & Financial Crimes Agency

Canada unveils its first National Anti-Fraud Strategy and a Financial Crimes Agency to tackle rising fraud losses, which hit CAD $643 million in 2024.

By Jake MacAndrew • 3 min read • Tue, 21st Oct 2025
JPMorganChase tops AI Index as banks boost investment returns
Digital Transformation

JPMorganChase tops AI Index as banks boost investment returns

JPMorganChase leads the Evident AI Index as banks boost AI investments, with returns expected to nearly double to USD $2 billion amid rising adoption.

By Catherine Knowles • 6 min read • Thu, 9th Oct 2025