Financial institutions stories
BankID joins advisory boards to enhance UK digital IDs
Today
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financial institutions
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digital identity
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financial services
TISA Commercial Enterprise has announced that Norwegian Digital ID firm BankID will join the advisory committees of Select ID to enhance digital identity accessibility in the UK.
MBSToken launches to transform the $11 trillion MBS market
Last week
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digital transformation
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blockchain
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transparency
Asset Token Ventures has launched MBSToken, a platform aimed at revolutionising the $11 trillion mortgage-backed securities market with blockchain technology.
NTT DATA report reveals rise in AI adoption in banking
Last week
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data protection
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genai
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ai
NTT DATA's latest report reveals that 58% of banks globally are fully adopting generative AI, marking a crucial shift towards its integration in banking operations.
AI guardrails - the essential reflection of a company’s standards, policies and core values
Last month
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ai
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financial institutions
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globalisation
As the EU's AI Act takes effect in 2026, companies face the challenge of divergent AI regulations across borders, prompting the need for robust compliance guardrails.
LayerZero partners with Rayls to enhance blockchain finance
Last month
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cryptocurrency
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blockchain
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defi
Rayls has partnered with LayerZero to enhance cross-chain connectivity for financial institutions, aiming to integrate traditional finance with decentralised finance.
Survey reveals slow adoption of AI in anti-money laundering
Last month
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risk & compliance
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genai
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ai
A survey by SAS and KPMG reveals sluggish AI and ML adoption in anti-money laundering, with only 18% of financial institutions fully implementing these technologies.
Multi-carrier connectivity: The game changer for financial institutions
Last month
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cx
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martech
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fleet management
In an era of increasing connectivity demands, financial institutions are turning to multi-carrier strategies to safeguard against costly network failures.
Backbase partners with MeaWallet to boost digital payments
Last month
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digital transformation
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fintech
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cloud services
Backbase has teamed up with MeaWallet to boost digital payment services in Australia and New Zealand, aiming for enhanced security and faster deployment.
Target Group & FourNet partner to enhance NICE CXone use
Last month
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uc
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digital transformation
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cx
Target Group has forged a five-year partnership with FourNet to enhance its contact centre operations using the NICE CXone platform, aiming for greater efficiency.
Cryptocurrency adoption in Australia hits record high
Last month
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cryptocurrency
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blockchain
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bitcoin
A record 32.5% of Australians now own cryptocurrency, according to the 2025 IRCI, signalling a significant shift in the nation's digital asset landscape.
Vespia partners with Mastercard to streamline onboarding
Last month
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payment technologies
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mastercard
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financial institutions
Vespia has partnered with Mastercard to enhance merchant onboarding across multiple regions, aiming to streamline processes and cut onboarding times by up to 90%.
Senetas sells Votiro to Menlo Security for USD $37.5m
Last month
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data protection
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advanced persistent threat protection
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cybersecurity
Senetas has sold its subsidiary Votiro to Menlo Security for USD $37.5 million, a strategic move expected to enhance its position in the cybersecurity market.
Lendela appoints new CFO & CTO to drive APAC expansion
Last month
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digital transformation
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fintech
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risk & compliance
Lendela has appointed Kent Huang as CFO and Steven Wong as CTO, aiming for expansion in the Asia Pacific following strong performance in 2024.
Akamai named national ambassador to boost UK SME security
Last month
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advanced persistent threat protection
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cybersecurity
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public sector
Akamai Technologies has been appointed as a National Ambassador for the National Cyber Resilience Centre Group, aiming to boost cyber resilience among UK SMEs.
To build or to buy? Tackling KYC complexities in client onboarding
Last month
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digital transformation
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risk & compliance
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ai
In an era where speed and efficiency are paramount, banks must decide between building custom KYC systems or investing in advanced SaaS solutions to enhance client onboarding.
DAS unveils new tool for real-time bushfire tracking
Last month
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dr
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cleantech
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cloud services
DAS has launched a tool for near real-time bushfire monitoring, helping organisations quickly identify affected customers and properties during disasters.
Romance scams reach six-year high, Moody's reports
Last month
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social media
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online fraud
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money laundering
Moody's highlights a six-year high in romance scams, unveiling 1,193 new entities globally in 2024, with the US leading at 38% of cases.
Puma leads $4.3m funding for legal AI firm Semeris
Last month
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fintech
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genai
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ai
Puma Growth Partners has led a $4.3 million funding round for Semeris, enhancing its AI tools for financial institutions navigating complex legal documents.
Lombard Odier partners with MongoDB for AI tech upgrade
Last month
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cx
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martech
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genai
MongoDB and Lombard Odier have teamed up to revolutionise the Swiss bank's core banking systems, leveraging generative AI for faster application migration.
artius.iD welcomes Jeffrey Keplar to advisory board
Last month
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physical security
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ai
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cybersecurity
Artius.iD has appointed Jeffrey Keplar to its Board of Strategic Advisors, aiming to bolster cybersecurity for global financial institutions amid rising digital threats.