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Financial institutions stories

Standard Chartered taps Broadcom for private cloud overhaul
Private Cloud

Standard Chartered taps Broadcom for private cloud overhaul

The shift has already cut deployment times to a day as the bank rebuilds critical systems for 54 markets on a private cloud platform.

By Sofiah Nichole Salivio • 3 min read • Yesterday
Mambu gains Swift certification for payments platform
Fintech

Mambu gains Swift certification for payments platform

New customers can tap Swift's global network without building their own connectivity, as BankB goes live on Mambu's managed service.

By Karen Joy Bacudo • 4 min read • Last week
Rogo appoints Joe Xavier as Chief Technology Officer
Software-as-a-Service

Rogo appoints Joe Xavier as Chief Technology Officer

The hire signals Rogo's push to expand in finance, with annual recurring revenue up more than 50% and 100 new customers last quarter.

By Joseph Gabriel Lagonsin • 3 min read • Last week
AI day prompts focus on data, fraud & infrastructure
Data Protection

AI day prompts focus on data, fraud & infrastructure

Boards are being urged to fix data quality, fraud controls and infrastructure before AI adoption numbers start to matter.

By Sean Mitchell • 4 min read • Last week
CSI acquires Qolo to expand embedded finance offering
Digital Transformation

CSI acquires Qolo to expand embedded finance offering

The deal gives community banks more tools to compete with larger rivals as demand rises for embedded finance, real-time payments and cash visibility.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Financial institutions stories

AFM calls for audit rule reform to ease mutual costs
Law Commission

AFM calls for audit rule reform to ease mutual costs

Smaller member-owned insurers say stricter audit rules are draining funds that could be spent on services, growth and product development.

By Karen Joy Bacudo • 4 min read • Yesterday
Australia urges small firms to ditch cheques for digital
Digital Transformation

Australia urges small firms to ditch cheques for digital

Small businesses face disruption as Australia phases out cheques by 2029, with 3.5 million bank cheques still unbanked.

By Sean Mitchell • 3 min read • Yesterday
Payments NZ chief calls for stronger interoperability
Fintech

Payments NZ chief calls for stronger interoperability

New Zealand's payments system could face disruption unless banks and providers agree common standards, Steve Wiggins said.

By Mark Tarre • 3 min read • Yesterday
Lumin Digital raises USD $115 million in new capital
Software-as-a-Service

Lumin Digital raises USD $115 million in new capital

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.

By Karen Joy Bacudo • 4 min read • Last week
Corning Credit Union adds plain-language search with Tursio
Data Protection

Corning Credit Union adds plain-language search with Tursio

Staff can now pull member data in plain English after Corning Credit Union cut wait times from weeks to near-instant ad hoc searches.

By Sofiah Nichole Salivio • 4 min read • Last week
Visa launches stablecoin platform for financial firms
Crypto

Visa launches stablecoin platform for financial firms

Select banks and fintechs can now test stablecoin transfers in a Visa-managed environment built for treasury and settlement work.

By Karen Joy Bacudo • 4 min read • Last week
UK Fraud liability in 2026: The hidden cost of synthetic identity fraud
Fintech

UK Fraud liability in 2026: The hidden cost of synthetic identity fraud

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.

By Barley Laing • 5 min read • Last week
Tradable to tokenise USD $1 billion of credit on Stellar
Fintech

Tradable to tokenise USD $1 billion of credit on Stellar

The move could widen access to regulated private credit products as Tradable brings its onchain issuance platform to Stellar for institutional users.

By Karen Joy Bacudo • 3 min read • Last week
Rogo & Snowflake deepen AI data tie-up for finance
Software-as-a-Service

Rogo & Snowflake deepen AI data tie-up for finance

Financial firms can now use governed Snowflake data in Rogo's AI tools without moving sensitive records outside existing controls.

By Karen Joy Bacudo • 3 min read • Last week
UK banks face stealth cyber attacks, SonicWall says
Data Protection

UK banks face stealth cyber attacks, SonicWall says

Banks are seeing attackers favour stealthy access over ransomware, with a UK-specific exploit hitting nearly half of monitored sensors.

By Karen Joy Bacudo • 3 min read • Last week
Velocity raises USD $38 million in Series A funding
Crypto

Velocity raises USD $38 million in Series A funding

The London-based startup will use the new capital to expand banking and payments links as firms test stablecoins for faster settlement.

By Karen Joy Bacudo • 4 min read • Last week
Canadians know credit scores but struggle to improve
Fintech

Canadians know credit scores but struggle to improve

Many Canadians are delaying home purchases and other major decisions as awareness of credit scores fails to translate into action.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Adyen Canada joins Payments Canada in membership boost
Fintech

Adyen Canada joins Payments Canada in membership boost

The move gives the Dutch fintech a direct voice in shaping Canada's payments rules as membership rules widen beyond banks.

By Joseph Gabriel Lagonsin • 4 min read • Last week