Financial institutions stories
Japanese financial institutions are driving Model ML's Asia Pacific hiring push as the AI software provider opens a Tokyo office and expands its regional team to 30.
The tool aims to cut bank delivery times and reduce rework by linking AI agents to agreed requirements, design and code from the outset.
Synthetic fraud is slipping past standard checks, prompting banks to use real-time address matching to tie identities to physical locations.
Financial institutions can now screen stablecoin transfers for fraud and sanctions risk before settlement as adoption grows in cross-border payments.
The tie-up aims to curb failed cross-border transfers by letting banks check recipient account and wallet details before sending money.
Banks can now run repeatable risk calculations inside Databricks without moving data out, keeping audit trails and governance controls intact.
The move gives banks in Australia and across Asia-Pacific local support as Quantifind seeks growth after a USD $200 million investment round.
Supply chain compromises helped actively exploited flaws to 215 in the first half of 2026, as attackers used trusted tools and platforms to steal credentials.
The banking software group is now valued at USD $260 million after the latest follow-on financing, bringing its total funding to nearly USD $66 million.
A compliance gap is leaving 22% of financial services firms running AI agents in production without monitoring, a New Relic study warns.
Fresh capital will help Hyperlayer hire and expand across three regions as banks seek to modernise legacy systems without costly core replacements.
Banks are using payment cards as trust anchors to link onboarding, wallet enrolment and fraud checks without adding more customer friction.
Banks and other financial firms could update sanctions controls faster, as the new tool cuts review times from two days to under four hours.
Better fraud controls and AI-led invoice payments are now available to business customers as Visa expands its commercial payments tools.
Updated guidance could leave debt advice firms facing more requests to help unravel the money and abuse patterns behind domestic deaths.
The tie-up could speed approvals for banks and credit unions while reducing rekeying errors and compliance risk in loan origination.
The tie-up aims to help 7,400 US community banks and credit unions spot AI-enabled cyber threats earlier and speed up responses.
The tie-up aims to speed real-world blockchain deployment among Korean banks and other institutions as tokenised assets gain momentum in Asia.
Banks worried about data security and rising AI costs can now run Farsight's platform on their own systems via Ornn's GPU capacity.
Verified profiles and richer message formats could help banks and credit unions curb impersonation scams as RCS reaches more US phones.