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Banking Stories - Page 26

UK Stories

Banking stories

Incode buys Identiq in USD $100 million fraud push
Software-as-a-Service

Incode buys Identiq in USD $100 million fraud push

The deal gives banks and telecoms a way to share fraud signals without pooling customer data, as AI-driven scams surge worldwide.

By Mark Tarre • 4 min read • Fri, 26th Jun 2026
Atom Bank cuts commercial loan times with automation
Digital Transformation

Atom Bank cuts commercial loan times with automation

Borrowers and brokers could see faster decisions as the lender says automated workflows have cut handling times by up to 30%.

By Karen Joy Bacudo • 3 min read • Fri, 26th Jun 2026
UK Finance backs bank app digital ID verification pilot
Data Protection

UK Finance backs bank app digital ID verification pilot

Customers could soon verify their age, address and identity through banking apps, as lenders test a voluntary check-sharing service to curb fraud.

By Karen Joy Bacudo • 3 min read • Fri, 26th Jun 2026
UK credit card balances hit record high amid strain
Risk & Compliance

UK credit card balances hit record high amid strain

Household finances are under growing strain as repayment rates fall and missed payments rise, with balances matching a record high.

By Sofiah Nichole Salivio • 3 min read • Thu, 25th Jun 2026
Ecommpay urges sector-wide push to stop fraud earlier
Fintech

Ecommpay urges sector-wide push to stop fraud earlier

Fraud losses could fall if banks, merchants and regulators align on earlier intervention, Ecommpay says in a new report.

By Sofiah Nichole Salivio • 4 min read • Thu, 25th Jun 2026

Global Stories

Banking stories

Wultra raises EUR €6.8m in Series A led by Seventure
Software-as-a-Service

Wultra raises EUR €6.8m in Series A led by Seventure

Cybersecurity group Wultra will use the funding to expand its digital identity platform as banks face rising AI-driven fraud and quantum risks.

By Karen Joy Bacudo • 4 min read • Tue, 30th Jun 2026
Norton warns of winter surge in scam attacks in NZ
Malware

Norton warns of winter surge in scam attacks in NZ

Winter brings a sharp rise in crypto, impostor and tech support fraud, with older Kiwis and travellers among the main targets.

By Joseph Gabriel Lagonsin • 4 min read • Tue, 30th Jun 2026
Prove & Baselayer team up on business verification
Fintech

Prove & Baselayer team up on business verification

Banks and fintechs could cut onboarding delays as a single workflow now joins customer identity checks with real-time business verification.

By Joseph Gabriel Lagonsin • 4 min read • Tue, 30th Jun 2026
Adblock for YouTube extension flagged for security risk
Cybersecurity

Adblock for YouTube extension flagged for security risk

More than 11 million users could have been exposed if a server-side change had turned the Chrome add-on into a vehicle for code execution.

By Sofiah Nichole Salivio • 4 min read • Tue, 30th Jun 2026
Smarsh and AWS expand AI compliance tools for banks
Cloud Security

Smarsh and AWS expand AI compliance tools for banks

Banks could cut compliance review workloads by 77% as Smarsh rolls out AWS-backed AI tools that regulators can still audit.

By Karen Joy Bacudo • 4 min read • Mon, 29th Jun 2026
Capco wins OpenAI award & hackathon for AI governance
Partner Programmes

Capco wins OpenAI award & hackathon for AI governance

The recognition boosts its credibility with banks and energy clients, as regulated industries demand AI tools that can be explained, controlled and audited.

By Mark Tarre • 4 min read • Mon, 29th Jun 2026
Quanton marks a decade with six million hours saved
Manufacturing

Quanton marks a decade with six million hours saved

Its founders say the consultancy has avoided redundancies and kept growth lean, even as demand for AI transformation rises across the region.

By Sean Mitchell • 5 min read • Mon, 29th Jun 2026
Taktile raises USD $110 million to expand AI in finance
Software-as-a-Service

Taktile raises USD $110 million to expand AI in finance

The funding will help banks and insurers automate lending, claims and onboarding while keeping AI decisions auditable and compliant.

By Karen Joy Bacudo • 4 min read • Sat, 27th Jun 2026
Thredd rolls out Visa Cloud Connect via Singapore hub
Fintech

Thredd rolls out Visa Cloud Connect via Singapore hub

Faster onboarding and fewer outages are the aim as Thredd links its Asia Pacific issuing infrastructure to VisaNet through a Singapore cloud hub.

By Karen Joy Bacudo • 4 min read • Fri, 26th Jun 2026
Linux Foundation launches Akrites to fix open source flaws
Security Operations Centres

Linux Foundation launches Akrites to fix open source flaws

Backed by Amazon, Google and Microsoft, the scheme aims to speed fixes for flaws that could ripple through banks, hospitals and power grids.

By Joseph Gabriel Lagonsin • 5 min read • Fri, 26th Jun 2026

Stories from Other Regions

Banking stories

Modern Treasury teams with Sardine on fraud monitoring
Data Analytics

Modern Treasury teams with Sardine on fraud monitoring

Customers using instant and cross-border payments will gain real-time fraud checks as the firms seek to curb risk across faster money flows.

By Karen Joy Bacudo • 3 min read • Sat, 27th Jun 2026
Landmark's Alkami partnership lifts business banking
Digital Transformation

Landmark's Alkami partnership lifts business banking

Landmark Credit Union has turned a digital overhaul into growth, lifting business profiles above 7,800 and adding USD $150,000 in fee income.

By Karen Joy Bacudo • 4 min read • Fri, 26th Jun 2026