Banking stories
UK banks have refunded GBP £112m to victims of APP fraud under new rules, yet scam levels continue to rise, prompting calls for stronger prevention measures.
Blackdot Solutions launches Videris Automate, an AI platform to speed up financial crime probes by automating intelligence gathering and risk analysis.
Cardiff-based ANNA Money has been named among the UK's top 150 fintech firms in CNBC's inaugural UK Fintech Companies Special Report.
UK banks will spend GBP £3.3bn by 2026 maintaining ageing core systems, facing rising costs, outages and regulatory fines amid growing digital demand.
Tata Communications unveils Voice AI platform for real-time, multilingual fintech chats, enhancing speed, security, and seamless automation in financial services.
Kyndryl enhances its Agentic AI Framework to help enterprises securely scale AI projects, focusing on compliance, governance and productivity across industries.
A study reveals 31% of marketers using agentic AI expect quantum computing to impact marketing within two years, signalling rapid tech adoption.
The Emerging Payments Association of Asia urges APAC payments firms to urgently bolster defences against quantum computing risks, highlighting a major security gap.
Nearly one-third of marketers using agentic AI expect quantum computing to influence marketing within two years, signalling rapid tech adoption ahead.
Banks have accelerated the shift from AI research to practical tools, with top institutions rapidly deploying innovations in trading, fraud prevention, and customer service.
Krungsri has partnered with Informatica to boost data governance and management, supporting its digital growth and serving over 19 million customers across ASEAN.
Saudi fintech HALA has raised USD $157 million to expand SME services, launch new lending products, and support Vision 2030's economic goals.
Westpac NZ teams up with fintech Akahu to offer detailed transaction info, helping customers better understand their statements and cut query calls.
EQ Bank unveils a digital banking suite for Canadian small businesses, with a focus on human-led customer service and low interest rates.
The Toronto-based company now offers Ontario entrepreneurs online incorporation, bundling business registration and banking in one seamless digital service.
Enterprises using Hitachi Vantara's VSP One reported a 285% ROI and USD $1.1 million value, with benefits realised in just seven months, says Forrester.
Despite 69% of Australians regularly using mobile banking apps, satisfaction remains modest with a 66.0 CX Index score, says Forrester's 2025 report.
Malaysia's top mobile operators launch a Number Verification API to help businesses combat online fraud and boost digital security across networks.
Nearly half of Singaporean online adults use generative AI, but a Forrester report finds consumer trust remains low amid concerns.
Hong Leong Finance's HLF Digital app has topped SGD $1 billion in transactions since August, boosting fixed deposits and customer engagement.