TechDay UK - The UK's technology news network

Banking Stories - Page 15

UK Stories

Banking stories

UK Open Banking passes billion payments & 100bn API calls
Fintech

UK Open Banking passes billion payments & 100bn API calls

Higher reliance on account-to-account payments is pushing monthly API traffic to a record 2.81 billion calls, while uptime stays high.

By Joseph Gabriel Lagonsin • 4 min read • Wed, 29th Jul 2026
Iwoca secures GBP £250 million facility for SME lending
Fintech

Iwoca secures GBP £250 million facility for SME lending

A surge in small-business borrowing has prompted Iwoca to expand lending capacity, after UK SME lending rose 60% in 2025.

By Karen Joy Bacudo • 3 min read • Wed, 29th Jul 2026

Global Stories

Banking stories

EU AI Act pushes firms towards stronger governance
Data Protection

EU AI Act pushes firms towards stronger governance

New transparency rules will force customer-facing AI tools to disclose themselves, while banks and SMBs face tougher oversight of models and data.

By Sofiah Nichole Salivio • 6 min read • Fri, 31st Jul 2026
Entersekt appoints Clare Conway as Chief Executive Officer
Software-as-a-Service

Entersekt appoints Clare Conway as Chief Executive Officer

The financial authentication firm is shifting to a new executive structure as it expands internationally and tackles rising fraud and scam activity.

By Sofiah Nichole Salivio • 3 min read • Fri, 31st Jul 2026
Investec picks Infosys Finacle for banking overhaul
Software-as-a-Service

Investec picks Infosys Finacle for banking overhaul

The cloud migration is designed to replace ageing core systems and give Investec faster data access across four key markets.

By Sofiah Nichole Salivio • 4 min read • Thu, 30th Jul 2026
Seekr & OneValley target startups with compliant AI
Software-as-a-Service

Seekr & OneValley target startups with compliant AI

Startups in regulated sectors will gain access to explainable AI tools as Seekr and OneValley aim to reduce compliance and audit risks.

By Joseph Gabriel Lagonsin • 3 min read • Thu, 30th Jul 2026
Google Cloud expands Gemini enterprise agent controls
Robotics

Google Cloud expands Gemini enterprise agent controls

Businesses can now run and monitor AI agents for up to seven days as Google Cloud adds tighter identity and governance controls.

By Sean Mitchell • 5 min read • Thu, 30th Jul 2026
Eltropy to showcase AI focus at autumn credit union events
Unified Communications

Eltropy to showcase AI focus at autumn credit union events

Credit unions face rising pressure to modernise service and cut manual work, with AI now moving into lending, collections and contact centres.

By Joseph Gabriel Lagonsin • 4 min read • Thu, 30th Jul 2026
MedusaHVNC malware hijacks live browser sessions on Windows
Network Security

MedusaHVNC malware hijacks live browser sessions on Windows

Windows users face session theft risk as MedusaHVNC lets attackers operate in hidden browser desktops using existing cookies and log-ins.

By Sean Mitchell • 4 min read • Thu, 30th Jul 2026
Managing your supplier risk isn't a deadline. It's about your resilience
Digital Transformation

Managing your supplier risk isn't a deadline. It's about your resilience

Firms that treat DORA as a box-ticking exercise risk leaving critical supplier gaps that could hit operations, data and continuity.

By Sandhya Mohan-Pillai • 5 min read • Wed, 29th Jul 2026

Stories from Other Regions

Banking stories

ChatSee warns of AI failures beyond hallucinations
Risk & Compliance

ChatSee warns of AI failures beyond hallucinations

Execution and escalation breakdowns now outnumber hallucinations in enterprise AI failures, according to more than 10,000 observed incidents.

By Mark Tarre • 4 min read • Fri, 31st Jul 2026
Increase launches bank to simplify fintech payments
Software-as-a-Service

Increase launches bank to simplify fintech payments

The move could cut complexity for fintech firms by bundling regulated banking access with payments software in one provider.

By Karen Joy Bacudo • 5 min read • Fri, 31st Jul 2026
Glassbox launches AI tools for enterprise digital data
Digital Transformation

Glassbox launches AI tools for enterprise digital data

Banking and insurance teams could spot digital failures sooner as new tools feed governed customer-journey evidence into enterprise AI systems.

By Mark Tarre • 3 min read • Fri, 31st Jul 2026
Backbase banking AI beats GPT-4.1 in live deployment
Fintech

Backbase banking AI beats GPT-4.1 in live deployment

In a seven-month test, the specialist model answered more banking queries than GPT-4.1 while refusing uncertain prompts less often than expected.

By Karen Joy Bacudo • 4 min read • Thu, 30th Jul 2026
Hyundai Card launches Alphabet Card for younger spenders
Digital Transformation

Hyundai Card launches Alphabet Card for younger spenders

Younger South Koreans could get clearer savings on everyday spending as category-based credit cards gain ground over broad rewards schemes.

By Karen Joy Bacudo • 4 min read • Thu, 30th Jul 2026
HDBank & TerraPay launch real-time Vietnam payments
Digital Transformation

HDBank & TerraPay launch real-time Vietnam payments

Vietnamese customers and small firms will gain faster overseas transfers as HDBank taps TerraPay to reach 156 markets without overhauling systems.

By Karen Joy Bacudo • 3 min read • Thu, 30th Jul 2026
Asia's agentic AI in banking: Trusted data will decide who wins
Customer Experience

Asia's agentic AI in banking: Trusted data will decide who wins

Banks could cut operating costs by 20% to 30% by 2028, but only if they fix duplicated, outdated customer records first.

By Edmund Ng • 5 min read • Thu, 30th Jul 2026