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Financial institutions stories

Mastercard expands virtual card controls with Citi first
Fintech

Mastercard expands virtual card controls with Citi first

Businesses will get tighter spend limits and transaction checks as Mastercard rolls out new virtual card controls, with Citi first to go live globally.

By Sofiah Nichole Salivio • 5 min read • Last week
Augustus raises USD $180 million in Tiger-led round
Fintech

Augustus raises USD $180 million in Tiger-led round

The financing values the New York fintech at USD $1 billion as it seeks to give overseas banks direct access to dollar accounts and payments.

By Karen Joy Bacudo • 4 min read • Last week
DataCentreNews marks 12 years of global industry coverage
Storage

DataCentreNews marks 12 years of global industry coverage

The specialist title now reaches readers across six countries as demand grows for coverage of power, cooling and AI-driven data centre expansion.

By Mark Tarre • 2 min read • Last week
Overtime & Authvia join up on receivables payments
Software-as-a-Service

Overtime & Authvia join up on receivables payments

Receivables teams could cut friction as the joint platform lets consumers settle balances during the same voice, SMS or digital exchange.

By Mark Tarre • 4 min read • Last week
Watchlist screening: Reducing false positives in Australia & New Zealand
Customer Relationship Management

Watchlist screening: Reducing false positives in Australia & New Zealand

Higher false positive rates are slowing onboarding and draining compliance teams as sanctions screening volumes rise across Australia and New Zealand.

By Edmund Ng • 6 min read • Last week
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 • Last week

Stories from Other Regions

Financial institutions stories

Quontic links Alkami & MANTL to lift digital uptake
Digital Transformation

Quontic links Alkami & MANTL to lift digital uptake

New account holders are moving into online banking faster, with Quontic lifting immediate digital uptake to the mid-70% range after the link-up.

By Karen Joy Bacudo • 4 min read • Last week
Calero wins two 2026 CODiE awards for its platform
Digital Transformation

Calero wins two 2026 CODiE awards for its platform

The latest honours lift its CODiE tally to eight, underlining growing recognition for tools that help firms curb IT and market data spending.

By Karen Joy Bacudo • 3 min read • Last week
Peoples Group backs hybrid models for Canada payments
Fintech

Peoples Group backs hybrid models for Canada payments

As Canada's payments system grows more complex, hybrid access is emerging as a way to cut costs and ease compliance burdens.

By Karen Joy Bacudo • 4 min read • Last week
Eltropy summit to gather credit union leaders in Monterey
Digital Transformation

Eltropy summit to gather credit union leaders in Monterey

More than 90 credit union and community bank executives will discuss economy, AI and growth at Eltropy's invitation-only summit in Monterey.

By Karen Joy Bacudo • 3 min read • Last week
Alpaca & Broadridge add governance to tokenised equities
Fintech

Alpaca & Broadridge add governance to tokenised equities

Investor voting and disclosures will now extend to tokenised equities on Alpaca's platform, as Broadridge adds governance controls to the network.

By Karen Joy Bacudo • 4 min read • Last week
Australian banks pay over AUD $4,000 a day for specialists
Digital Transformation

Australian banks pay over AUD $4,000 a day for specialists

Banks and insurers are scrambling for scarce regulatory experts as deadlines bite, even after cutting about 8,000 permanent roles this year.

By Sean Mitchell • 4 min read • Last week
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 • Last week
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 • Last week
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 • This month
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 • This month
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 • This month
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 • This month