Banking Stories - Page 2

Kiwi Stories

Banking stories

Young people say AI is eroding trust online, report finds

Generative AI and scams are making many rangatahi doubt what they see online, even as reliable internet remains vital for school, work and services.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago

NZD

Wise launches multi-currency interest in New Zealand

The new product lets customers earn daily returns on NZD, USD and euro balances without locking money away, in a market dominated by term deposits.

By Joseph Gabriel Lagonsin • 3 min read • 3 days ago

Global Stories

Banking stories

Hybrid Cloud

RSA launches Agent ID for regulated AI agent control

Regulated firms can now track shadow AI as RSA says Agent ID will help banks and public bodies assign owners and approvals to agents.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago

Digital Transformation

Qualcom appoints Fergal Flattery to grow AI practice

The Irish provider has committed €500,000 to the unit as demand grows for secure, practical AI adoption among businesses.

By Sofiah Nichole Salivio • 3 min read • 3 days ago

Hybrid Cloud

CaixaBank deepens Google Cloud deal to boost AI use

The extended pact will help Spain's biggest digital bank roll out AI tools for staff and customer services while tightening data and security controls.

By Karen Joy Bacudo • 4 min read • 3 days ago

Storage

Data sovereignty is a strategic imperative in the AI era

AI is pushing boards to weigh local control against cloud convenience, with 80% of respondents saying sovereignty matters more in vendor selection.

By Anthony Caruana • 4 min read • Last week

Quantum Computing

Gartner sees quantum spending reaching USD $1.1 billion

Global quantum computing revenue is set to top USD $1 billion by 2027 as governments and companies keep funding early-stage research.

By Karen Joy Bacudo • 3 min read • Last week

Document Management

Smart Communications boosts AI migration for enterprises

By cutting template rebuilds, the update could lower switching costs for insurers, banks and other regulated firms modernising customer communications.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Risk & Compliance

Stakk completes USD $63 million ParaScript acquisition

The enlarged group now serves more than 300 enterprise customers and processes over 110 billion digital interactions a year across four regions.

By Joseph Gabriel Lagonsin • 3 min read • Last week

Fintech

Broadridge repo platform hits USD $7.5 trillion in September

Tokenised repo is moving into routine institutional processing, with Broadridge's platform averaging USD $359 billion a day in September.

By Sofiah Nichole Salivio • 3 min read • Last week

Stories from Other Regions

Banking stories

Data Science

UK leads AI adoption as returns lag behind investment

Despite rapid adoption, UK firms are struggling to turn AI spending into measurable gains, with trust and returns still out of sync.

By Sofiah Nichole Salivio • 4 min read • 3 days ago

Hybrid Cloud

UOB & AWS plan hybrid cloud push for ASEAN banking

The pact could help UOB keep customer data within a Singapore cloud environment while meeting tighter banking rules across five ASEAN markets.

By Karen Joy Bacudo • 3 min read • 3 days ago

Hyperscale

Aveni: After Mills Review, AI agents need targeted assurance

Banks and other firms face fresh pressure to supervise chatbots like staff, as Aveni says smaller models need social science to spot bias and risk.

By Jake MacAndrew • 3 min read • Last week

Fintech

Iridium raises USD $3 million to automate invoice checks

The funding will help lenders cut manual checks that cost about USD $22 each and leave most invoices unverified, raising fraud risk.

By Karen Joy Bacudo • 5 min read • Last week

Crypto

ACAMS launches crypto crime training with Chainalysis

Compliance teams are being pushed to learn blockchain tracing as illicit crypto activity keeps rising and digital assets enter mainstream finance.

By Karen Joy Bacudo • 4 min read • Last week

Fintech

OakNorth taps Wise Platform for international payments

The deal gives growing UK firms faster, clearer cross-border transfers as small business overseas payments are forecast to surge 22% by 2029.

By Karen Joy Bacudo • 4 min read • Last week

Fintech

Paymentology eyes Thailand's next digital payments phase

Thailand's mature digital payments market is pushing providers to focus on usability and local fit, as PromptPay handles 2.53 billion transactions a month.

By Karen Joy Bacudo • 4 min read • Last week

Crypto

Standard Chartered plans Singapore digital asset custody

Institutional clients in Singapore may soon gain access to regulated custody for cryptoassets and tokenised assets as demand grows for safer digital services.

By Karen Joy Bacudo • 3 min read • Last week