Banking stories
Techcombank funds Vietnam's National A.I. Challenge with $1 million scholarships to boost local AI talent and digital innovation nationwide.
Aspire launches AspireOS, a modular AI-powered platform helping banks modernise SME business banking without replacing core systems.
Revolut's employee share sale values the fintech at $75 billion, with revenue up 72% to $4 billion and expansion into Mexico, Colombia, and India.
AI-led cloud migration cuts banking downtime by 45%, boosts transaction reliability and halves migration timelines, easing regulatory concerns.
Despite billions invested in AI, financial firms see slow adoption as solutions must prioritise trust, transparency, and augment human judgement over automation.
A survey of 1,500+ professionals reveals trust, compliance, and identity assurance as crucial for mainstream adoption of Web3 wallets and digital asset services.
Revolut now allows Australian customers to send instant money transfers to China via Alipay, enhancing convenience and reducing costs for remittances.
BioCatch launches Connect 2.0, a platform using behavioural and device data to fight rising digital banking fraud and AI-driven financial crimes globally.
Ebury launches a mobile app enabling SMEs to manage international payments and FX on the go, offering real-time rates for over 130 currencies.
Bango partners with DeepL to offer AI translation tools via its Digital Vending Machine, enabling resellers to bundle services for a global customer base.
British firm TMT ID secures GBP £30m from BGF to expand real-time age verification and fraud prevention globally, focusing on the US market.
The future of finance hinges on interoperable payment systems that offer consumers seamless choice and reflect their everyday digital lives.
Australian financial firms must strengthen Salesforce backup and restore practices to meet APRA's new CPS 230 resilience standards effective July 2025.
US banks boost AI spending to combat rising check fraud, linked to USD $12.5 billion loss, ahead of the holiday season peak in fraudulent activities.
Zopa teams with Upvest to launch investment accounts with a GBP £1 minimum, aiming to make investing accessible to millions of UK savers.
Manchester's fintech sector, now worth over GBP £1 billion annually, hosts FinTech North's conference highlighting innovation, diversity, and growth in the region.
Entersekt launches Orkestrate API, helping banks cut fraud risk worth USD $40 billion by simplifying digital authentication with a single integration.
In 2026, traditional banks will face fierce competition from neobanks, rising fraud risks, and new ISO 20022 rules, forcing urgent modernisation or loss of customers.
Ecommpay has won Best Alternative Payment Provider at the Payments Awards, praised for offering 100+ payment methods across Europe and Asia.
InDebted appoints Michael Chatfield as Managing Director to spearhead Australian expansion amid evolving collections market and rising digital demand.