Banking stories - Page 5

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RSA launches sovereign identity deployment for sectors

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RSA debuts ID Plus Sovereign Deployment, an identity platform for regulated sectors needing strict data residency and offline resilience.

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UK consumers trust banks over AI for financial advice

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UK consumers still favour banks over AI for financial advice, with over a third saying they do not trust artificial intelligence in banking.

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Starling launches UK-first AI assistant for banking

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Starling launches an in-app agentic AI assistant for personal accounts, claiming a UK first in conversational money management tools.

Open banking becomes core UK fintech infrastructure

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Open banking has swiftly evolved from a regulatory fix into core UK infrastructure, transforming payments, lending and everyday money management.

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WorkFusion's Tara wins AML award for sanctions screening

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WorkFusion's AI agent Tara has been named AML Solution of the Year by FinTech Breakthrough for streamlining sanctions screening workloads.

Exclusive: G+D's Sofiane Chouane on the future of European fintech

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European fintech is maturing as G+D's Sofiane Chouane charts a future shaped by stricter regulation, AI, and bank-startup partnerships.

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Corlytics wins FinTech Breakthrough policy management award

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Dublin regtech Corlytics wins Policy Management Solution of the Year at FinTech Breakthrough for its AI-driven compliance platform.

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Aegon’s Mylo app tracks down GBP £135m in pensions

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Aegon app Mylo consolidates more than GBP £135m in pensions as digital tracing tools tackle the UK's growing lost pots problem.

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TACEO launches shared network for finance, identity, AI

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Austrian startup TACEO unveils encrypted shared network to run finance, identity and AI workloads without exposing sensitive data.

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Obin AI raises USD $7 million to power agentic finance

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Obin AI exits stealth with USD $7 million to build auditable AI agents for heavily regulated financial workflows and asset managers.

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Entrust & Veyco enable digital signing for UK deeds

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Entrust and Veyco launch integrated digital ID and QES workflow, as Nationwide becomes first UK lender to use it for mortgage deeds.

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OXIL urges safeguarding framework to curb online scams

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OXIL unveils a safeguarding-based blueprint to fight online scams, shifting responsibility from individuals to coordinated organisational action.

Token.io unveils Account on File to streamline Pay by Bank

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Token.io launches Account on File to make Pay by Bank a near one-tap checkout, cutting steps and boosting conversion for UK and EU merchants.

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Metro Bank, Equals Money launch FX forwards service

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Metro Bank teams up with Equals Money to offer FX forwards, helping UK business customers lock in exchange rates and manage currency risk.

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Barclays & Sage link up to ease small business admin

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Barclays and Sage are teaming up to link banking with cloud accounting, aiming to slash admin time for UK small firms as tax rules tighten.

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Circles, Airwallex bring embedded finance to global telcos

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Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.

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Two-thirds of stolen identities reused in repeat fraud

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Two-thirds of stolen identities are reused in fresh fraud, with many circulating for months as synthetic “Frankenstein” profiles, research warns.

Unlimited & Themis unveil AI tool for bank complaints

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Unlimited and Themis launch Complaints AI to help banks automate complaint analysis, spot emerging risks and meet tightening regulation.

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Mastercard to buy BVNK in USD $1.8 billion stablecoin push

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Mastercard to acquire stablecoin platform BVNK in a deal worth up to USD $1.8 billion, deepening its push into on-chain payments.

PayPal expands PYUSD stablecoin to 70 global markets

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PayPal widens access to its PYUSD stablecoin, rolling it out to accounts in 70 markets to speed up and cut the cost of cross-border payments.