Banking stories
UnionPay cardholders in Azerbaijan will soon be able to pay at more merchants as Bir expands acceptance across its banking and eCommerce network.
Shoppers in the UK and Europe face a growing risk of cloned retail sites as Gen blocked 114.2 million fake e-shop attacks in six months.
Higher false positive rates are slowing onboarding and draining compliance teams as sanctions screening volumes rise across Australia and New Zealand.
The shift has already cut deployment times to a day as the bank rebuilds critical systems for 54 markets on a private cloud platform.
Banks and fintechs may soon keep more payments inside their own apps, as Apple's wider NFC access loosens iPhone wallet restrictions.
The fresh capital will help Alpaca expand regulated brokerage infrastructure for clients building products across traditional and on-chain markets.
Small firms can now collect one-off invoice payments faster, with automatic reconciliation aimed at easing cash flow and admin work.
Switching rose 43% in Britain last quarter, adding pressure on banks to tailor offers as digital-only accounts neared half of households.
Australia-based customers will soon get savings accounts and a credit card as Revolut commits nearly AUD $400 million to its local banking push.
Banks and insurers are scrambling for scarce regulatory experts as deadlines bite, even after cutting about 8,000 permanent roles this year.
Trust remains a hurdle as younger Australians increasingly use AI to research investments, superannuation and retirement planning, a survey shows.
Small businesses face disruption as Australia phases out cheques by 2029, with 3.5 million bank cheques still unbanked.
New Zealand's payments system could face disruption unless banks and providers agree common standards, Steve Wiggins said.
Backers including clients boosted the bank software provider's war chest to fund AI, payments and lending development as valuation hit USD $1.6 billion.
Staff can now pull member data in plain English after Corning Credit Union cut wait times from weeks to near-instant ad hoc searches.
Select banks and fintechs can now test stablecoin transfers in a Visa-managed environment built for treasury and settlement work.
Routine lending work could be slashed for ConnectOne Bank staff as nCino's AI tools cut some document searches from 20 minutes to 30 seconds.
Broadening its appeal beyond consumer banking, the lender has surpassed 6 million monthly users as digital adoption accelerates in Uzbekistan.
Households squeezed by higher costs are turning to fixed-fee borrowing, helping the lender pass GBP £1 billion in loans.
Banks now face a capped GBP £85,000 reimbursement bill per claim as synthetic identity fraud turns into a direct liability under tighter UK rules.
