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Financial institutions stories

Akamai warns of surging DDoS attacks on financial firms
Ransomware

Akamai warns of surging DDoS attacks on financial firms

Sustained assaults are disrupting online banking and payments as EMEA becomes the main target for DDoS campaigns against lenders.

By Sean Mitchell • 4 min read • Last month
ICEYE launches catastrophe data for banks' climate risk
Earthquakes

ICEYE launches catastrophe data for banks' climate risk

Banks can now pinpoint damaged collateral faster as ICEYE adds satellite data to help quantify climate-driven loan losses and stress tests.

By Sofiah Nichole Salivio • 3 min read • Last month
FintechOS Data Core lands on Google Cloud Marketplace
Digital Transformation

FintechOS Data Core lands on Google Cloud Marketplace

Financial firms can now buy and deploy FintechOS's governed data layer through Google Cloud, speeding procurement for AI projects.

By Karen Joy Bacudo • 4 min read • Last month
Equipifi raises USD $34 million in Series B funding
Fintech

Equipifi raises USD $34 million in Series B funding

The funding will help equipifi expand bank-embedded buy now, pay later services as lenders race to keep instalment spending inside their apps.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Finance firms face rising audit pressure over databases
Data Protection

Finance firms face rising audit pressure over databases

Audit demands are exposing gaps in governance as finance firms juggle hybrid databases, multiple platforms and growing AI use.

By Sean Mitchell • 3 min read • Last month
Backbase & Atos team up on AI-led banking modernisation
Data Protection

Backbase & Atos team up on AI-led banking modernisation

Banks in tightly regulated markets will get help modernising systems without surrendering data control, compliance or operational resilience.

By Sean Mitchell • 3 min read • Last month
Emburse launches AI agent to prepare expense reports
Digital Transformation

Emburse launches AI agent to prepare expense reports

Employees could soon spend far less time on claims, as the new system cuts expense report preparation from 30 minutes to under five.

By Sofiah Nichole Salivio • 4 min read • Last month
JAGGAER launches AI assistant for procurement teams
Data Analytics

JAGGAER launches AI assistant for procurement teams

Support tickets could fall as JAGGAER embeds a multilingual AI assistant into procurement workflows to answer policy and supplier questions.

By Sofiah Nichole Salivio • 4 min read • Last month
Dun & Bradstreet partners Anthropic on compliance AI
Digital Transformation

Dun & Bradstreet partners Anthropic on compliance AI

The deal could speed up onboarding for banks and other regulated firms by automating identity checks while keeping an audit trail inside Claude.

By Mark Tarre • 4 min read • Last month
ParaScript & ABBYY team up on document intelligence
Digital Transformation

ParaScript & ABBYY team up on document intelligence

Users of ABBYY systems will be able to add handwriting recognition and fraud checks without replacing existing document workflows.

By Sean Mitchell • 4 min read • Last month

Stories from Other Regions

Financial institutions stories

UK bank customers ready to quit over crime failures
Fintech

UK bank customers ready to quit over crime failures

Most UK bank customers would walk after anti-money laundering failures, as trust in account freezes and compliance delays now shapes provider choice.

By Karen Joy Bacudo • 4 min read • Last month
National Bank of Canada teams up with Sardine on fraud
Data Analytics

National Bank of Canada teams up with Sardine on fraud

The deal gives National Bank of Canada new fraud tools as lenders race to curb losses without adding friction for customers.

By Karen Joy Bacudo • 3 min read • Last month
Modulr taps Alloy for compliance hub as it expands
Fintech

Modulr taps Alloy for compliance hub as it expands

The UK fintech aims to speed customer checks in new markets while tightening controls on financial crime and fraud.

By Mark Tarre • 3 min read • Last month
QuSecure named finalist for MIT Sloan CIO showcase
Digital Transformation

QuSecure named finalist for MIT Sloan CIO showcase

Enterprise buyers will see QuSecure's post-quantum platform at MIT Sloan, as concern grows over encryption resilience ahead of quantum threats.

By Sean Mitchell • 3 min read • Last month
Questrade goes live with Temenos software for Questbank
Software-as-a-Service

Questrade goes live with Temenos software for Questbank

The rollout gives Questbank the core banking system it needs to begin offering deposits and mortgages to Canadian customers under OSFI rules.

By Mark Tarre • 3 min read • Last month
TP AI debt recovery matches human satisfaction in Asia
Digital Transformation

TP AI debt recovery matches human satisfaction in Asia

Banks in Asia are turning to AI collections tools as rising loan stress puts pressure on recovery rates and customer trust.

By Sofiah Nichole Salivio • 3 min read • Last month
Alkami report shows digital banking gaps at US banks
Data Analytics

Alkami report shows digital banking gaps at US banks

High abandonment rates and thin business tools are blunting banks’ digital gains even as customer adoption of online services rises.

By Karen Joy Bacudo • 4 min read • Last month
Visa, Wealthsimple pilot stablecoin settlement in Canada
Crypto

Visa, Wealthsimple pilot stablecoin settlement in Canada

The pilot could let Wealthsimple settle obligations seven days a week, a test of whether blockchain rails can modernise Canadian payments infrastructure.

By Karen Joy Bacudo • 4 min read • Last month