Financial Services stories
Poor address data can raise fraud losses, trigger compliance failures and slow onboarding, making identity checks less reliable.
Fragmented controls are leaving banks and fintechs exposed as AI adoption outpaces oversight, according to new research from Zango.
US audit firms are now scrutinising AI outputs more closely as adoption spreads and concerns over judgment and compliance persist.
Rising breach costs and AI-driven threats are pushing 71% of large organisations to treat the cyber talent shortage as a direct business risk.
The tie-up gives 1.1 million WireBarley users faster transfers into South Korea as remittance demand there topped USD $7.45 billion last year.
Poor data, ageing systems and tight regulation are leaving most bank AI projects stuck in pilots, despite heavy investment in the technology.
Banks seeking to cut fragmentation may see Backbase's Forrester nod as validation that its AI-native platform can unify front-office work.
The debt collection software group is seeking a new chief executive after revenue rose 52% and monthly profitability hit a record.
Retailers and manufacturers could get near real-time planning help as SAS opens a private preview of a supply chain agent.
The roll-out comes as firms face a mounting accountant shortage, with Black Ore claiming Tax Autopilot can slash return prep time by up to 98%.
Stablecoin payouts and instant account funding could become faster for OnePay users as the fintech joins Tempo’s validator set.
The data storage supplier is looking to widen its reach in government and regulated sectors as Jeanclaude Toma takes over as Chief Executive Officer.
Borrowers and brokers could see faster mortgage processing as Vernon Building Society adds a new digital layer without replacing core systems.
London will host LemFi's global operations as the fintech plans to hire more staff and expand compliance after pledging GBP £100 million in the UK.
Businesses face higher odds of cyber-attacks and unfair decisions as researchers warn generative AI can hide flaws in machine learning systems.
Free-to-use cash access will stay available at Castle Leisure’s UK venues as the operator renews outsourced management of 22 ATMs.
Most firms expect AI to streamline admin and planning support, while only 3% plan staff reductions this year, a survey shows.
The new suite gives Australian investors local share benchmarks with franking-credit variants, widening Bloomberg's index business beyond fixed income.
Poor service is driving customers away, with 45% of Australians saying one bad retail interaction would make them avoid a retailer.
Payment failures now surface in seconds for Modulus Labs after it unified monitoring and security, cutting resolution time by more than 40 per cent.