Banking Stories - Page 2

Australian Stories

Banking stories

Elula's Sweeper wins work as regulators tighten scrutiny

As scrutiny intensifies, the AI tool is helping firms spot billing and compliance errors sooner, reducing fines, remediation costs and customer harm.

By Sean Mitchell • 4 min read • 3 days ago

Digital Transformation

Australia urged to bolster digital finance & fraud defences

Rising online fraud and a 2027 digital assets regime are pushing banks and fintechs to upgrade infrastructure as adoption accelerates.

By Mark Tarre • 4 min read • 3 days ago

Data Protection

Identity protection is the next fintech battleground

Australians lost GBP £1.1 billion to scams last year, underscoring how banks now must protect customers' identities as well as their systems.

By Anthony Cooper • 5 min read • 3 days ago

Fintech

Dom Pym built one of Australia's most beloved banks by refusing to think like a banker

Up bank grew by focusing on design and trust, with more than 80 per cent of customers arriving through word of mouth.

By Matt Jones • 5 min read • 3 days ago

Fintech

Australian fintechs warn of tougher AI & payments scrutiny

Rising regulatory pressure could force banks, merchants and payment firms to tighten controls on AI and card costs as Australia reforms payments.

By Sofiah Nichole Salivio • 5 min read • Last week

Global Stories

Banking stories

Platform-as-a-Service

Volante launches Vol360i AI to automate payments ops

Banks could cut payment failures and manual repairs as Volante rolls out AI agents aimed at lifting processing rates above 95%.

By Karen Joy Bacudo • 4 min read • 3 days ago

Customer Relationship Management

CFOs lack data trust, stalling AI adoption in finance

Most finance chiefs still lack a clear AI plan as poor data quality and governance delay automation across North American finance teams.

By Karen Joy Bacudo • 6 min read • 3 days ago

Crypto

ReconArt links reconciliation hub to Solana blockchain

The connector should help finance teams reconcile stablecoin transfers and AI-driven payments as blockchain settlement strains older back-office systems.

By Karen Joy Bacudo • 4 min read • 3 days ago

Data Protection

Financial firms face rising AI cyber risk, survey says

A survey found 98% of breached firms suffered material damage as AI-driven attacks and visibility gaps strain defences.

By Karen Joy Bacudo • 4 min read • 3 days ago

Crypto

Fintech leaders hail digital payments & blockchain

Cross-border payments are becoming faster and more transparent, with stablecoins and data-driven lending broadening access for firms shut out by banks.

By Karen Joy Bacudo • 4 min read • 3 days ago

Software-as-a-Service

APAC fintech leaders flag agentic commerce & AI costs

Fragmented payments and rising AI bills are forcing APAC fintechs to rethink infrastructure, interoperability and cost controls.

By Sofiah Nichole Salivio • 4 min read • 3 days ago

Ransomware

Fintech leaders warn innovation outpaces cyber resilience

Faster digital payments are leaving fintech firms exposed as regulators and attackers pressure weak controls and resilience across the sector.

By Sofiah Nichole Salivio • 4 min read • 3 days ago

Software-as-a-Service

Fintech leaders say AI & AML shifts cut finance costs

Finance chiefs are facing tighter budgets as AI automation and new AML rules turn once-discretionary tech spend into a cost imperative.

By Mark Tarre • 4 min read • 3 days ago

Digital Transformation

World FinTech Day warnings over governance & skills

Financial services firms risk stalled AI roll-outs and weaker supply chains unless governance and digital skills improve, experts warned.

By Karen Joy Bacudo • 6 min read • Last week

Stories from Other Regions

Banking stories

Software-as-a-Service

AutoRek buys Grath to expand AI reconciliation tools

The deal gives financial firms more deployment options as demand grows for AI-led reconciliation without sacrificing auditability or regulatory control.

By Sofiah Nichole Salivio • 3 min read • 3 days ago