Banking stories
The Co-operative Bank will upgrade to 10x Banking's cloud platform in a multi-year project to enhance services for 180,000+ customers in New Zealand.
A browser flaw risks hijacking passkey authentication, threatening access to banking, shopping and SaaS accounts despite passkeys' security promise.
LegitScript has launched automated Global Business Identity Check and U.S. TIN Verification to speed and improve merchant onboarding worldwide.
Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.
Retail leads AI satisfaction in EMEA with 96% success rate, while healthcare outspends all sectors but faces challenges, says Lenovo's CIO Playbook 2025 study.
Cyberattacks on the financial sector have surged 25% in 2024, with phishing leading and nearly half of employees prone to clicking malicious links.
AI-driven referrals to US retail, travel, and banking sites have surged over tenfold since July 2024, reshaping online shopping and boosting engagement.
Over 74% of Asia Pacific youth prefer digital apps for remittances, valuing speed and trust over fees, reveals Visa's report covering 20 countries.
Ecommpay expands Asian payment methods, enabling merchants to tap into the USD $23.8 trillion Asia-Pacific digital payments boom by 2032.
While global banking leaders embrace stablecoins for innovation, Canada remains cautious, delaying adoption amidst evolving digital currency trends.
AMP Bank GO has blocked over 1,000 fraudulent accounts in six months using a selfie video verification and numberless cards to enhance security.
NAB now requires new online customers to take biometric selfies and scan ID documents to combat fraud and enhance account security from September.
SAS urges enterprises to prioritise data quality and trust as they deploy AI for real business value, blending old analytics with new interfaces responsibly.
Bangkok Bank has extended its deal with New Relic to enhance its digital banking app, boosting system uptime by 90% and improving customer experience.
Macquarie Bank has joined BioCatch Trust Australia, extending fraud protection coverage to over 85% of the nation's banking sector through shared intelligence.
ANNA Money used an AI agent to fully register a UK business account online, completing all identity checks and payments autonomously in a groundbreaking test.
Virtualplatform has launched a white-label mobile app enabling ISPs and partners to manage customer lifecycles with branded, mobile-first service and billing tools.
AMP and UNSW Sydney have partnered to advance responsible AI in financial services, enhancing retirement planning support for Australians.
8x8 and MNET partner to enhance secure, real-time banking customer service by integrating CoreAccess+ with 8x8's CX platform for faster, safer authentication.
Commonwealth Bank teams up with OpenAI to enhance AI-driven banking, focusing on fraud prevention and personalised services for Australian customers.