Banking stories

EarnIn says US workers have made over 1m Live Pay transactions since July 2025, underscoring rising demand for real-time access to wages.

Cross-border payments are failing despite accurate addresses, exposing a GBP £94 billion data and identity gap banks can no longer ignore.

AutoRek unveils RegToolKit, a real-time regulatory compliance hub mapping rules to controls, audit trails and breach remediation.

Temenos wins Microsoft AI Cloud partner status for its Azure-native core banking SaaS, boosting co-sell options and bank modernisation plans.

Enterprises ditch plug-and-play AI as Cognizant research shows buyers now favour bespoke builds and services-led, long-term partnerships.

Ripple seeks to secure an Australian Financial Services Licence via BC Payments deal, aiming to scale regulated cross‑border payments in APAC.

Anthropic will open a Sydney office as its ANZ hub, deepening Claude AI partnerships and exploring local compute capacity in Australia.

Smart Communications appoints veteran fintech executive David Hamilton as Chairman to steer global expansion and AI push in regulated sectors.

Elastic argues that in an AI-obsessed market, robust search across messy data is the real foundation of trustworthy, profitable experiences.

Bank standards body BIAN unveils Service Landscape 14.0, aligning with ISO 20022 and adding AI-focused domains for banks' modernisation push.

SoFi and Mastercard will use SoFiUSD stablecoin for card settlement worldwide, targeting faster payments, remittances and B2B transfers.

Teciem appoints fintech veteran Didier Bouillard as independent chair, tasking him with steering governance and growth under private equity.

Backbase appoints Didier Van der Coelden as CFO to steer growth and AI-led banking platform expansion across its global operations.

Persistent has opened a Melbourne innovation hub to drive AI-led cloud modernisation and regional delivery for enterprise clients across ANZ.

SBS Bank has chosen Deloitte to deliver a multi-year cloud core banking overhaul using Engine by Starling to modernise services.

ACI Connetic for Cards promises unified issuing, acquiring and ATM processing as banks race to modernise card systems and fight fraud.

Smarsh launches AI-powered Noise Reduction Agent to suppress low-risk messages, promising 60% fewer false positives for smaller firms.

10x Banking launches version 10.0 of its core platform, its 100th release, adding richer lending tools and custom logic hooks for banks.

Revolut seeks a US national bank charter and names Cetin Duransoy as US chief, sharpening its push into regulated American banking.

1Kosmos adds embedded identity checks to ServiceNow AI workflows to curb social engineering in high-risk service desk interactions.