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Banking Stories - Page 2

Asian Stories

Banking stories

Malaysia financial firms lag in AI scaling, report finds
Digital Transformation

Malaysia financial firms lag in AI scaling, report finds

Despite widespread pilots, only 17% of Malaysian financial institutions have scaled strategic AI initiatives, a new report says.

By Karen Joy Bacudo • 4 min read • 3 days ago
Google Cloud launches local data residency in Seoul
Cloud Security

Google Cloud launches local data residency in Seoul

Korean banks and agencies can now keep security logs in-country as Google Cloud tries to ease compliance worries over cloud-based threat monitoring.

By Sofiah Nichole Salivio • 4 min read • Last week

Global Stories

Banking stories

Flagright raises USD $12.5m to expand AI compliance
Software-as-a-Service

Flagright raises USD $12.5m to expand AI compliance

The funding will help the London-based firm expand in the US as banks face rising fraud and money laundering risks, and heavier scrutiny.

By Sean Mitchell • 4 min read • 4 days ago
Interpol flags sharp rise in cybercrime across Asia
Malware

Interpol flags sharp rise in cybercrime across Asia

More than half of countries surveyed now say cybercrime makes up 30 per cent of recorded offences, as phishing and ransomware spread fast.

By Joseph Gabriel Lagonsin • 4 min read • 4 days ago
Shield adds Copilot & image text surveillance tools
Generative AI

Shield adds Copilot & image text surveillance tools

Compliance teams can now monitor Microsoft 365 Copilot chats and text inside images, closing two recordkeeping gaps for banks.

By Sean Mitchell • 4 min read • Last week
CBI launches Request to Pay for corporate users
Fintech

CBI launches Request to Pay for corporate users

Businesses can now send structured payment requests through banks in Italy and across Europe, cutting manual steps and speeding settlement.

By Sean Mitchell • 4 min read • Last week
Shufti named G2 leader in identity verification grid
Software-as-a-Service

Shufti named G2 leader in identity verification grid

Customer reviews have pushed Shufti into G2's top tier, signalling stronger demand for its identity checks and anti-money laundering tools.

By Sean Mitchell • 3 min read • Last week
StoneX expands Singapore trading link with Integral
Fintech

StoneX expands Singapore trading link with Integral

The Singapore link is set to cut delays for StoneX clients trading foreign exchange and precious metals across Asia-Pacific.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Stories from Other Regions

Banking stories

Revolut launches business platform for New Zealand SMEs
Software-as-a-Service

Revolut launches business platform for New Zealand SMEs

New Zealand SMEs can now access multi-currency accounts and cheaper cross-border payments as Revolut expands its business platform in the market.

By Karen Joy Bacudo • 4 min read • 3 days ago
Wealthsimple to launch prediction markets app in Canada
Fintech

Wealthsimple to launch prediction markets app in Canada

Canadians will soon be able to trade event contracts on inflation, rates and climate through a new standalone app from Wealthsimple.

By Karen Joy Bacudo • 4 min read • 4 days ago
Smart CT boosts stock by a third after 10,000 buys
Network Infrastructure

Smart CT boosts stock by a third after 10,000 buys

Extra warehouse parts will help Smart CT meet demand from new contracts across government, health and retail customers in Europe and beyond.

By Sofiah Nichole Salivio • 4 min read • 4 days ago
Pollen Street buys Finastra's Universal Banking unit
Data Analytics

Pollen Street buys Finastra's Universal Banking unit

Banks using Universal Banking will see continued support as Pollen Street backs standalone growth and AI upgrades after the deal closes.

By Karen Joy Bacudo • 3 min read • 4 days ago
mthree buys CAPSLOCK to boost cyber skills training
Manufacturing

mthree buys CAPSLOCK to boost cyber skills training

The deal gives employers more access to cyber and AI training as breaches rise and skills shortages deepen across finance, tech and government.

By Mark Tarre • 3 min read • Last week
Deloitte opens the London AI Studio with Google Cloud
Digital Transformation

Deloitte opens the London AI Studio with Google Cloud

UK clients could see agentic AI projects prototyped in four weeks as Deloitte expands its Google Cloud alliance and trains 1,000 staff.

By Sofiah Nichole Salivio • 4 min read • Last week
Wooden payment cards tempt UK consumers to switch banks
Fintech

Wooden payment cards tempt UK consumers to switch banks

A third of UK consumers say they would switch banks for a wooden card, as 68% express interest and many distrust green claims.

By Karen Joy Bacudo • 3 min read • Last week
FinTech North marks 10 years with Leeds conference
Fintech

FinTech North marks 10 years with Leeds conference

The North's fintech sector now employs 20,000 people directly, as FinTech North returns to Leeds to mark its 10th anniversary.

By Karen Joy Bacudo • 3 min read • Last week
Wise buys Expatica to widen global relocation reach
Fintech

Wise buys Expatica to widen global relocation reach

The deal broadens Wise's customer reach beyond payments, tying its cross-border banking tools to advice for millions of people moving abroad.

By Karen Joy Bacudo • 3 min read • Last week