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Shufti launches bank account verification in 70 nations
Software-as-a-Service

Shufti launches bank account verification in 70 nations

Businesses can now confirm account ownership before sending payments, with Shufti's tool covering more than 70 countries and easing fraud checks.

By Karen Joy Bacudo • 4 min read • Yesterday
Velocity raises USD $10 million extension to Series A
Crypto

Velocity raises USD $10 million extension to Series A

Visa-backed investors have lifted Velocity's Series A to USD $48 million as stablecoin payments gain traction with institutions.

By Karen Joy Bacudo • 4 min read • Yesterday
Asia Pacific remitters prefer fraud checks over speed
Crypto

Asia Pacific remitters prefer fraud checks over speed

Consumers across Asia Pacific are willing to wait longer for transfers if it reduces scam losses, Visa's survey of 45,000 people found.

By Karen Joy Bacudo • 4 min read • Yesterday
Exclusive: ABBYY launches hybrid AI document models
Data Protection

Exclusive: ABBYY launches hybrid AI document models

Enterprises under pressure to curb AI risk and cost are being given a hybrid option that blends generative models with OCR and rules-based extraction.

By Sean Mitchell • 6 min read • Yesterday
Anthropic opens Singapore office in Asia-Pacific push
Data Protection

Anthropic opens Singapore office in Asia-Pacific push

Demand for Claude in regulated sectors is driving Anthropic to deepen its Asia-Pacific footprint as Singapore usage outpaces population size.

By Sean Mitchell • 4 min read • Yesterday
Candescent expands Google Cloud AI tie-up for banks
Software-as-a-Service

Candescent expands Google Cloud AI tie-up for banks

The expanded deal should help more than 1,300 banks and credit unions move AI from pilot projects into day-to-day banking systems.

By Karen Joy Bacudo • 4 min read • Yesterday
Bamboo Connect adds leaders to European client services
Customer Experience

Bamboo Connect adds leaders to European client services

The hires give Bamboo Connect named senior coverage across Europe as multi-market claims programmes become more complex for insurers and retailers.

By Sofiah Nichole Salivio • 4 min read • 2 days ago
Oceania lags global AI trust benchmarks, SAS finds
Digital Transformation

Oceania lags global AI trust benchmarks, SAS finds

Despite faster AI adoption, firms in Oceania are still missing out on bigger returns because trust, governance and skills are lagging.

By Joseph Gabriel Lagonsin • 5 min read • 3 days ago
FIS posts record core banking wins at smaller banks
Software-as-a-Service

FIS posts record core banking wins at smaller banks

Smaller lenders are accelerating technology overhauls to curb fraud and improve digital services, driving FIS to a record first-half tally of core wins.

By Karen Joy Bacudo • 4 min read • 3 days ago
Ecommpay warns AI checkout could exclude vulnerable users
Fintech

Ecommpay warns AI checkout could exclude vulnerable users

More than half of consumers are vulnerable to some degree, raising fears that AI-led checkout could leave many unable to complete payments.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
Synapse Analytics raises USD $13 million in Series A
Software-as-a-Service

Synapse Analytics raises USD $13 million in Series A

Regulated lenders gain software that keeps sensitive data in-house as the Abu Dhabi-based group expands after a USD $13 million round.

By Karen Joy Bacudo • 4 min read • 3 days ago

Stories from Other Regions

Banking stories

Oracle to invest USD $5 billion in UK cloud infrastructure
Data Protection

Oracle to invest USD $5 billion in UK cloud infrastructure

The spend will expand local cloud capacity as UK demand for AI and data services rises, with healthcare and finance among target sectors.

By Sofiah Nichole Salivio • 4 min read • 2 days ago
Britons turn to AI for finance advice as much as parents
Digital Transformation

Britons turn to AI for finance advice as much as parents

A survey of 2,000 adults suggests AI is overtaking friends and media as a source of money help, despite lingering doubts over accuracy.

By Karen Joy Bacudo • 4 min read • 2 days ago
Hyperlayer launches US banking platform for multi-core banks
Software-as-a-Service

Hyperlayer launches US banking platform for multi-core banks

Banks struggling with ageing core systems may now get faster product launches, as Hyperlayer brings its middle-layer platform to the United States.

By Joseph Gabriel Lagonsin • 5 min read • 3 days ago
Deloitte urges Canada regulatory reform to boost growth
Data Protection

Deloitte urges Canada regulatory reform to boost growth

Stronger anti-money laundering reforms could lift Canada's economy by CAD $216 billion over a decade, Deloitte says.

By Karen Joy Bacudo • 4 min read • 3 days ago
Peoples Group taps Feedzai ahead of Real-Time Rail
Fintech

Peoples Group taps Feedzai ahead of Real-Time Rail

Fraud checks are being upgraded before Canada's instant payments network goes live, as Peoples Group seeks to stop scams in real time.

By Karen Joy Bacudo • 4 min read • 3 days ago
Exclusive: DCB Bank balances AI speed with banking risk
Hybrid Cloud

Exclusive: DCB Bank balances AI speed with banking risk

Human oversight will stay in place for DCB Bank's highest-risk AI decisions as the lender pushes automation to speed up SME services.

By Sean Mitchell • 9 min read • 3 days ago