Banking stories

Wise posts higher transfer volumes and customer balances as it targets a Nasdaq primary listing in May 2026 while keeping London.

Oracle expands its financial crime platform with Lucinity's AI investigation tools, aiming to cut compliance workloads for banks and regulated firms.

Banks are slowing AI rollouts as they prioritise process visibility, with Celonis arguing execution depends on understanding how work flows today.

UK banks urged to use customer profiling, real-time monitoring and ecosystem data sharing to curb authorised push payment losses and protect trust.

Starling Bank says sole traders are embracing AI for quick tax guidance as Making Tax Digital rules prompt a shift to digital accounting tools.

FintechOS rolls out FintechOS 8 preview, pairing governed AI with product workflows for lenders and insurers as it eyes launch later this quarter.

Cambodia scam compounds are being tied to a mobile banking fraud network that hit users in 21 countries, researchers say.

ADAPTOVATE taps transformation veteran Jim Cundiff as Managing Director and Partner to deepen North American growth and its AI consulting push.

SLR deepens its digital climate analytics offer with the acquisitions of Planetrics and ClimSystems, targeting asset-level risk modelling.

Persistent and Databricks launch Merchant Risk Management and Fraud Detection solution for banks and payment providers facing rising digital payment fraud.

Custodia says financial firms must widen record-keeping to cover collaboration tools, messaging apps and AI-generated content as regulators step up scrutiny.

8B and PayU team up to let Indian travellers use UPI across Central Asia, as rising visitor numbers fuel cross-border payment demand.

Aspire taps J.P. Morgan Payments for cross-border FX as the Singapore fintech expands wallet conversions in SGD, USD, GBP, EUR and HKD.

Renew Risk unveils first offshore windstorm catastrophe models for Europe, aiming to sharpen insurers' pricing as bigger turbines face harsher seas.

iProov warns iOS injection attacks surged 1,151% in late 2025 as generative AI fuels deepfake impersonation and identity fraud.

AlphaSense names senior UK and Singapore hires as it steps up EMEA and APAC push, with multilingual search and content expansion.

Finance and health lead UK privacy complaints as Bridewell analysis shows rising cases across data-heavy sectors and shifting ICO outcomes.

Monzo abandons its US expansion and cuts about 50 jobs as Revolut pushes for a banking charter to build a direct American lending business.

Data quality gives banks a scalable route to digital trust, cutting fraud and false positives while speeding onboarding, KYB and AI-driven checks.

UK businesses back bank-led recurring payments as GoCardless says cards and admin costs are draining revenue and delaying collections.