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Financial institutions stories

10x Banking raises GBP £40 million from AshGrove Capital
Software-as-a-Service

10x Banking raises GBP £40 million from AshGrove Capital

The London-based software group is set to expand sales after turning EBITDA-positive and growing annual recurring revenue by more than 30%.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday
Taurus adds full Hedera support for banks & issuers
Fintech

Taurus adds full Hedera support for banks & issuers

Banks can now manage Hedera custody, issuance and smart contracts on one platform, reducing vendor sprawl and integration delays for tokenised products.

By Karen Joy Bacudo • 4 min read • Yesterday
Volante launches Vol360i AI to automate payments ops
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
Financial firms face rising AI cyber risk, survey says
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
Fintech leaders warn of tougher rules for digital assets
Digital Transformation

Fintech leaders warn of tougher rules for digital assets

Tighter oversight is forcing digital asset firms and UK finance teams to upgrade controls, data and compliance before new deadlines bite.

By Sofiah Nichole Salivio • 6 min read • Last week
Method launches Portfolio Intelligence for lenders
Fintech

Method launches Portfolio Intelligence for lenders

Lenders can now track borrowers' changing debt loads after origination, as the tool flags refinancing and risk signals without reauthentication.

By Sofiah Nichole Salivio • 3 min read • Last week
Entersekt appoints Clare Conway as Chief Executive Officer
Software-as-a-Service

Entersekt appoints Clare Conway as Chief Executive Officer

The financial authentication firm is shifting to a new executive structure as it expands internationally and tackles rising fraud and scam activity.

By Sofiah Nichole Salivio • 3 min read • Last week
Eltropy to showcase AI focus at autumn credit union events
Unified Communications

Eltropy to showcase AI focus at autumn credit union events

Credit unions face rising pressure to modernise service and cut manual work, with AI now moving into lending, collections and contact centres.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Stories from Other Regions

Financial institutions stories

VanishID launches AI tool to cut identity attack risk
Phishing

VanishID launches AI tool to cut identity attack risk

Businesses are being warned that publicly exposed staff data can now fuel phishing and deepfake fraud without breaching internal systems.

By Sean Mitchell • 5 min read • Today
AutoRek buys Grath to expand AI reconciliation tools
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
Australia urged to bolster digital finance & fraud defences
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
Adyen New Zealand lifts fourfold rise in net profit
Fintech

Adyen New Zealand lifts fourfold rise in net profit

Stronger finance income and a shift to positive operating cash flow helped the payments firm lift annual net profit to NZD $1.52 million.

By Karen Joy Bacudo • 4 min read • 3 days ago
Australian fintechs warn of tougher AI & payments scrutiny
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
Alkami expands Plaid tie-up for linked banking data
Digital Transformation

Alkami expands Plaid tie-up for linked banking data

Banks and credit unions using Alkami will get built-in Plaid connectivity, cutting implementation work and helping reduce fraud risk.

By Karen Joy Bacudo • 3 min read • Last week
UK finance brands lag in paid social ad creativity
Fintech

UK finance brands lag in paid social ad creativity

Paid social costs are rising as UK finance marketers struggle to produce enough creative for platforms that now reward constant ad testing.

By Karen Joy Bacudo • 4 min read • Last week
Swaystack partners InstaSwitch to boost business banking
Fintech

Swaystack partners InstaSwitch to boost business banking

The tie-up could help banks and credit unions turn new business accounts into primary relationships by moving payroll, deposits and spending faster.

By Karen Joy Bacudo • 4 min read • Last week
BitGo adds Gate US to off-exchange settlement network
Fintech

BitGo adds Gate US to off-exchange settlement network

Institutional traders can now access Gate US liquidity through BitGo's custody-led network, reducing the need to pre-fund exchange accounts.

By Karen Joy Bacudo • 4 min read • Last week
Fenergo launches Fen-AI platform for bank compliance
Software-as-a-Service

Fenergo launches Fen-AI platform for bank compliance

Banks could cut onboarding and compliance workloads as Fenergo's Fen-AI ties every AI action to a full audit trail for regulators.

By Mark Tarre • 4 min read • Last week