Banking stories
Smaller lenders are accelerating technology overhauls to curb fraud and improve digital services, driving FIS to a record first-half tally of core wins.
More than half of consumers are vulnerable to some degree, raising fears that AI-led checkout could leave many unable to complete payments.
Regulated lenders gain software that keeps sensitive data in-house as the Abu Dhabi-based group expands after a USD $13 million round.
Banks using the platform can now connect customers to approved financial apps without screen scraping, improving consent controls and data access oversight.
A survey suggests 21% of UK cardholders do not know what cover their cards include, highlighting a wider checkout protection gap.
Banks struggling with ageing core systems may now get faster product launches, as Hyperlayer brings its middle-layer platform to the United States.
Stronger anti-money laundering reforms could lift Canada's economy by CAD $216 billion over a decade, Deloitte says.
Fraud checks are being upgraded before Canada's instant payments network goes live, as Peoples Group seeks to stop scams in real time.
Human oversight will stay in place for DCB Bank's highest-risk AI decisions as the lender pushes automation to speed up SME services.
Eligible RuPay cardholders in India can now bypass SMS one-time passwords, cutting checkout time as digital-payment fraud climbs sharply.
Higher AI spending is doing little to cut false positives, as most banks still run alert-heavy surveillance systems, a survey found.
The move comes as banks and fintechs shape the next phase of Open Banking, with over 100 billion API calls underscoring the stakes.
The bank aims to speed up customer payments and back-office tasks as it deepens use of Stripe's systems across its group.
Only 18% of Canadian organisations have embedded AI into daily operations, leaving many still chasing productivity gains amid rising costs and uncertainty.
The deal gives Chime direct control of its banking infrastructure and is expected to lift earnings while cutting partner fees.
Many customers would switch providers for a better online service, as banks face pressure to make digital tools more personal and secure.
UK students could soon split tickets, taxis and shared costs inside one app as ZYMIX embeds Mangopay's wallet infrastructure from launch.
Banking groups are increasingly paying for rapid removal of phishing and impersonation scams as AI-driven attacks spread across multiple channels.
The report says ASEAN must turn national gains into a shared market as the region targets a USD2 trillion digital economy by 2030.
Banks face new exposure from AI agents linking to internal systems, as the platform aims to block data leaks and unauthorised actions.
