Banking Stories - Page 3

Global Stories

Banking stories

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 • Last week

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 • Last week

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 • This month

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 • This month

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 • This month

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 • This month

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 • This month

Risk & Compliance

Failed cross-border payments cost banks USD $2.2 million

For a bank handling 10,000 cross-border payments a day, failed transactions can drain about USD $2.2 million a year and drive customers away.

By Karen Joy Bacudo • 4 min read • This month

Private Cloud

OutSystems opens Agent Experience to third-party AI agents

Large firms in regulated sectors can now use third-party AI coding agents inside OutSystems while retaining governance, auditability and deployment control.

By Joseph Gabriel Lagonsin • 4 min read • This month

Fintech

G+D & FraudAverse join forces against payment fraud

Banks in the Americas are set to get faster fraud checks as the tie-up targets instant payment scams and card-not-present losses.

By Joseph Gabriel Lagonsin • 4 min read • This month

Stories from Other Regions

Banking stories

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 • Last week

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 • This month

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 • This month

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 • This month

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 • This month

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 • This month

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 • This month