Banking stories
A wider customer base and new cross-border fees are in Nu's sights as it begins serving US savers and international payers.
British founders remain wary of AI, with trust and knowledge gaps leaving small firms behind their European peers despite heavy admin loads.
Banks and insurers could spot commercial risk sooner after Veridion secured USD $20 million to expand its live business graph.
Businesses can now confirm account ownership before sending payments, with Shufti's tool covering more than 70 countries and easing fraud checks.
Visa-backed investors have lifted Velocity's Series A to USD $48 million as stablecoin payments gain traction with institutions.
Consumers across Asia Pacific are willing to wait longer for transfers if it reduces scam losses, Visa's survey of 45,000 people found.
Enterprises under pressure to curb AI risk and cost are being given a hybrid option that blends generative models with OCR and rules-based extraction.
Demand for Claude in regulated sectors is driving Anthropic to deepen its Asia-Pacific footprint as Singapore usage outpaces population size.
The expanded deal should help more than 1,300 banks and credit unions move AI from pilot projects into day-to-day banking systems.
The hires give Bamboo Connect named senior coverage across Europe as multi-market claims programmes become more complex for insurers and retailers.
Despite faster AI adoption, firms in Oceania are still missing out on bigger returns because trust, governance and skills are lagging.
Smaller lenders are accelerating technology overhauls to curb fraud and improve digital services, driving FIS to a record first-half tally of core wins.
Business customers can now verify bank account details faster and with less fraud risk as digital credentials debut through Govt.nz's app wallet.
The Michigan credit union is aiming to cut loan handling time and simplify member service by using one platform for deposits and borrowing.
Smaller lenders risk losing commercial deposits as the new suite adds payments, cards and treasury tools to serve complex business clients.
Singapore-based clients gain a nearby multilingual support base as TP expands Malaysian operations with a Johor Bahru centre near the border.
Europe's card fraud bill hit a record EUR €1.69 billion, even as UK losses edged up only 2% to GBP £594.9 million.
The spend will expand local cloud capacity as UK demand for AI and data services rises, with healthcare and finance among target sectors.
A survey of 2,000 adults suggests AI is overtaking friends and media as a source of money help, despite lingering doubts over accuracy.
Banks struggling with ageing core systems may now get faster product launches, as Hyperlayer brings its middle-layer platform to the United States.
