Banking stories - Page 4

3DiVi urges banks to track real-world facial ID performance, warning that hope and lab tests are no substitute for live risk metrics.

Cognizant and Uniphore ally to build small-model, sector-specific AI tools for tightly regulated fields, starting with life sciences and banking.

Canada’s lending future is going hybrid as Money Mart doubles down on both mobile apps and 420-plus branches to widen access.

Cognizant and Adobe are deepening their AI alliance to speed and govern large-scale content creation for heavily regulated global enterprises.

Poor-quality customer data has driven more than two-thirds of FCA AML fines since 2020, analysis finds, with penalties topping GBP £430m.

BioCatch posts record ARR above $185 million as it adds 90 banks, blocks $4 billion in fraud and expands its global trust network.

HSBC UK and Sage unveil in-app tax tool for sole traders and landlords as Making Tax Digital for Income Tax rules loom from April.

NTT DATA strikes multi-year AWS deal to drive agentic AI and cloud modernisation for heavily regulated Asia-Pacific enterprises.

Smart Communications names Heidi Johnson chief product and technology officer as it sharpens AI governance for heavily regulated clients.

Adeptia launches Automate for Retirement Benefits Enrolment to automate fragmented data intake and speed record-keeping enrolment flows.

Cybercriminals abused Hugging Face to host rapidly mutating TrustBastion Android malware stealing credentials across Asia-Pacific.

ThetaRay launches Ray AI suite to automate AML investigations, promising audit-ready case files and up to 70% less manual work.

Evaro raises USD $25m to scale embedded “healthcare-as-a-service” in the UK, aiming to reach 10m patients and ease NHS primary care strain.

Castles Technology secures Loomis Pay deal to roll out Android payment terminals and tools across Sweden, Denmark, Norway and Spain.

ControlUp snaps up Unipath to fold security automation into its platform and push deeper into agentic AI for autonomous endpoint management.

Paydibs and AltPayNet link Malaysia-Philippines payment rails, starting with Social Security contributions for Filipinos in Malaysia.

Wibmo takes 41st spot in Chartis 2025 Retail Banking Analytics 50, highlighting its growing role in payments security and AI-driven decisioning.

Crypto exchange WazirX is integrating Fireblocks technology to tighten custody, access and transaction controls for its 16m users.

APAC banks face heavy manual compliance workloads as poor data quality and legacy systems stall AI adoption, survey respondents warn.

Lenders clinging to legacy payment rails are losing borrowers to fintechs that can approve, fund and collect on loans in near real time.