Banking stories
AI-made fake payslips and deepfakes are exposing lenders that still rely on fragmented mortgage checks, experts warn.
Banks could use the new tool to give branch staff a fuller customer history, reducing repeated questions and improving advice on complex issues.
Banks face tighter scrutiny as Deutsche Bank's Google Cloud-backed system ties resilience tests to live operational data and audit records.
Banks and merchants face fresh fraud risks as the council's Kuala Lumpur meeting weighs how AI is changing payment security.
The funding will help the Mumbai-based lender software maker push AI across collections and lending workflows for banks and NBFCs.
The hire underscores rising pressure on IT services firms to turn AI pilots into measurable client gains as Sonata deepens its push into enterprise use.
Customers in the US and Canada can now pay Flywire clients directly from bank accounts, with real-time checks aimed at reducing failed transfers.
Banks risk losing customer control as instant payments force fraud, identity and authorisation into one real-time trust system.
The fresh capital will help Yuno widen its payments network, add products and edge closer to profitability as it scales worldwide.
Nearly a million Malaysian firms took up AI in the past year, but most are still using basic tools rather than scaling them.
The subscription aims to woo Singapore's affluent customers with travel perks, investment discounts and bundled services worth more than S$10,000 a year.
Singapore customers shut out of premium banking may now buy access, as a S$899 annual membership bundles travel, investment and lifestyle perks.
A new survey suggests customer frustration is nudging more New Zealand shoppers towards AI tools, even as brands struggle to rebuild trust.
Affluent Uruguayan investors can now access global markets through a single app, as IOL Privé combines advice, planning and trading.
Members will soon get payments, transfers and budgeting tools in one app as Strata Credit Union upgrades its digital banking service.
The bank can now tailor card offers and merchant-funded rewards for 70 million US cardmembers as it builds out its commerce media push.
Small businesses can now use Square Credit Card to cover vendor bills, with 3% cash back on Bill Pay transactions and broader access.
Eligible bitcoin holders in Canada can now access up to CAD $50,000 without selling coins, though collateral calls may follow price swings.
SMEs with overseas suppliers or customers can now earn interest on dollar and euro cash without juggling separate bank relationships.
The tie-up could cut onboarding delays and duplicate checks for banks by linking customer due diligence with AML monitoring in one workflow.