Financial institutions stories
Backlogs, false positives and rising fines are pushing APAC compliance teams towards AI, but most firms still lack the skills to govern it safely.
Stricter scrutiny of trading activity is driving demand for surveillance tools, helping Eflow add 20 client relationships in North America this year.
It lets the lender automate disbursements and repayments while avoiding costly direct bank integrations for its SEPA-based receivables finance product.
Account takeover and card-testing attacks surged as AI lowered the cost and speed of scams, raising pressure on online retailers.
The hire comes as the AI cloud group races to fund rapid international expansion after lifting its annualised revenue run rate to USD $120 million.
Rising AI-agent volumes are forcing large companies to automate data governance before privacy and regulatory checks slow adoption further.
The London-based software group is set to expand sales after turning EBITDA-positive and growing annual recurring revenue by more than 30%.
Banks can now manage Hedera custody, issuance and smart contracts on one platform, reducing vendor sprawl and integration delays for tokenised products.
Banks could cut payment failures and manual repairs as Volante rolls out AI agents aimed at lifting processing rates above 95%.
A survey found 98% of breached firms suffered material damage as AI-driven attacks and visibility gaps strain defences.
The hire is designed to strengthen Coinme's licensing and anti-money laundering controls as it expands regulated money movement beyond the US.
Institutional clients will gain consolidated digital asset records as the bank links wallets, exchanges and blockchains into existing reporting systems.
Mortgage lenders could cut routine admin time as nCino's new tool lets AI agents act within existing permissions and audit logs.
Most lenders still lack the data quality and governance needed to trust AI, even as 76% use it for credit and fraud decisions.
Most Australian lenders are using agentic AI in underwriting, but just 3% say their data is fully ready for AI-driven decisions.
Community banks and credit unions are being urged to use AI across the customer journey to speed replies, cut calls and satisfy regulators.
Shoppers could soon pay straight from bank accounts as the tie-up lets AI agents find goods, check stock and complete purchases.
Banks and credit unions could cut manual data prep and gain faster customer insights as Armstrong Bank already uses the combined system.
Businesses are being warned that publicly exposed staff data can now fuel phishing and deepfake fraud without breaching internal systems.
The deal gives financial firms more deployment options as demand grows for AI-led reconciliation without sacrificing auditability or regulatory control.