Banking stories
Banks risk repeating DevOps sprawl as DIY agentic AI pushes build costs above USD $1.4 million and delays production by up to 18 months.
Demand for digital identity checks is rising as fraud and compliance risks mount, with the merged group spanning more than 50 countries.
The bank says the overhaul has cut deployment times to a day, as it standardises core systems across 54 markets for tighter control and resilience.
The move aims to slash reconciliation delays and cash blind spots for insurers by automating payments across broker-led chains.
Consumers in Australia and New Zealand are facing longer waits and repeated handovers as companies rush to deploy agentic AI, Genesys found.
Regulated firms can let non-technical staff build apps in a controlled browser, using approved AI tools and existing security controls.
Fewer than 5% of Australian organisations have scaled AI, leaving data leaks, bias and compliance failures as real risks for business leaders.
ServiceNow customers now have a limited first year to decide how to deploy its AI oversight tools before broader access expires.
Banks can keep customers inside their apps as Visa rolls out chat-based spending insights, card controls and account guidance.
Enterprises can now run AI on sensitive documents in private or air-gapped systems, reducing security and compliance risks.
The deal gives community banks more tools to compete with larger rivals as demand rises for embedded finance, real-time payments and cash visibility.
Regulated firms could keep data and encryption keys in Europe while using public cloud tools under the new model.
The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.
Customers could soon shop and pay through AI assistants, after HSBC UK and Visa completed a live end-to-end card transaction online.
Canadian small businesses will gain bundled payments and management tools as TD folds Clover point-of-sale devices into its merchant services.
The app's first Cash ISA lets savers move money automatically from current accounts, as Spring passes GBP £1 billion in deposits.
UK consumers and businesses could benefit as Cifas adds nearly 500 scam signals to a global network aimed at faster takedowns.
Banks are seeing attackers favour stealthy access over ransomware, with a UK-specific exploit hitting nearly half of monitored sensors.
Banks face a shrinking window to harden legacy systems as cheap AI tools make vulnerability hunting and repeat attacks far easier for criminals.
Yet most London finance workers still want experienced colleagues to make the final call, especially on risk, compliance and trading decisions.