Financial institutions Stories - Page 2

Australian Stories

Financial institutions stories

Australia warns of scam surge during Prime Day sales

Scammers are exploiting Prime Day shopping sprees as Australia's new rules aim to stop fraudulent texts, emails and instant payments.

By Sofiah Nichole Salivio • 7 min read • This month

Fintech

Banking Circle appoints Cracknell as Chief Executive Officer

The planned handover aims to keep Australian clients steady as Banking Circle's local unit shifts to an internal Chief Executive Officer.

By Mark Tarre • 4 min read • This month

Global Stories

Financial institutions stories

Crypto

EDX Markets raises GBP £76m in SBI-led funding round

The new capital will expand trading, clearing and settlement services as the digital asset venue targets more institutional clients worldwide.

By Karen Joy Bacudo • 4 min read • This month

Software-as-a-Service

Eltropy opens AI agent marketplace for fintech partners

Community banks and credit unions could get faster access to specialist AI tools as Eltropy opens its platform to vetted fintech builders.

By Karen Joy Bacudo • 4 min read • This month

Software-as-a-Service

SBS launches AI foundation for banks on existing systems

The rollout could help more than 1,500 institutions use generative AI on trusted in-house data without disrupting core banking operations.

By Karen Joy Bacudo • 3 min read • This month

Crypto

Elastic finds AI-assisted banking fraud ring in Mexico

A live fraud campaign targeting Mexican banks, fintechs and crypto services exposed how criminals are using generative AI to draft malware.

By Mark Tarre • 4 min read • This month

Fintech

ThetaRay appoints Santander veteran to strategy role

The hire brings Santander compliance expertise into ThetaRay as banks face tougher anti-money laundering oversight and demand proof their controls work.

By Karen Joy Bacudo • 4 min read • This month

Fintech

Damisa appoints Nick Watkins as Chairman ahead of raise

The cross-border payments company is seeking stronger governance and operational depth as it readies a Series A fundraising round.

By Sofiah Nichole Salivio • 3 min read • This month

Software-as-a-Service

MDOTM raises USD $27 million to expand AI platform

The funding will help MDOTM hire and expand overseas as demand grows for AI tools that cut manual portfolio work at financial firms.

By Karen Joy Bacudo • 4 min read • This month

Data Protection

Visa strengthens AI defences amid new era of cyber threats

Visa is pouring billions into AI defences as regulators demand safer, auditable systems to counter faster cyber threats and fraud.

By David Shilovsky • 6 min read • This month

Stories from Other Regions

Financial institutions stories

Digital Transformation

Atlantic FCU cuts loan opening to six minutes with MANTL

Borrowers at the New Jersey credit union can now open consumer loans in six minutes, after automation removed days of manual paperwork.

By Karen Joy Bacudo • 4 min read • This month

Software-as-a-Service

IPC & Luware team up on cloud compliance recording

Banks and brokers gain a single cloud compliance layer as IPC adds Luware Recording across trading and collaboration channels.

By Sean Mitchell • 3 min read • This month

Fintech

Visa says USD $36 trillion inheritance will shape spending

Most of the USD $36 trillion wealth transfer will be saved or invested, with only a modest lift to US consumer demand.

By Karen Joy Bacudo • 4 min read • This month

Fintech

Lorum appoints Hartwig Gerhartinger as legal chief

The hire underscores Lorum's push to win clients that need stronger regulatory assurance as it seeks a US trust bank charter.

By Sofiah Nichole Salivio • 4 min read • This month

Law Commission

Association of Financial Mutuals urges growth reforms

Regulatory reform could help mutual lenders and insurers close gaps in protection, healthcare and savings for households outside mainstream finance.

By Sofiah Nichole Salivio • 4 min read • This month

Data Protection

QuSecure appoints ex-Navy admiral to advisory board

Pressure is mounting on federal agencies to replace vulnerable encryption before quantum computers can exploit it, making QuSecure's hire timely.

By Mark Tarre • 4 min read • This month

Biometrics

Mastercard unveils Singapore payments innovation circuit

Financial institutions across Asia Pacific are being shown how AI agents, digital identity and tokenisation could reshape secure payments in coming years.

By Karen Joy Bacudo • 4 min read • This month