Banking stories - Page 8

FDATA names Sumsub policy lead Kat Cloud to its board, signalling a sharper focus on identity, fraud and security in North American open finance.

Ecommpay has been named in the CNBC/Statista Top 150 UK FinTechs, highlighting London's enduring strength as a global payments hub.

Paysecure wins Best Payments Industry Newcomer at the 2026 Card and Payments Awards in London for its fast-growing orchestration platform.

Banks are shifting from product sellers to trusted digital infrastructure, fusing AI, mobile, embedded finance, identity and digital currencies.

NetAssist deploys Graylog Security, slashing threat detection from four hours to under 45 minutes while cutting SIEM and infra costs.

AI-driven agents and rising network attacks are reshaping cyber risks, experts warn, as Safer Internet Day 2026 urges 'verified trust' online.

Singapore and Hong Kong emerge as global front-runners for AI-ready finance, with banks rapidly scaling AI, cloud and security investments.

Malaysia's PayNet and Singapore's NETS win mandate to build and run the Nexus cross-border instant payments hub, targeting go-live in 2027.

Deel launches The Pitch, a global contest offering up to USD $15m in SAFE funding to seed start-ups, with APAC entries closing 21 April.

UiPath buys AI compliance specialist WorkFusion to automate banks' financial crime checks as monitoring workloads and governance demands surge.

Fireblocks deepens its Thales tie-up to keep bank crypto keys in customer-owned HSMs, tightening control, compliance and resilience.

Dark web 'fraud superstores' expand slick services but LexisNexis research finds AI liveness and deepfake checks still foil many scams.

FICO has been named a Leader in Gartner's 2026 Magic Quadrant for Decision Intelligence Platforms, recognising its execution and vision.

Ripjar names Matt Mills Chief Executive to spearhead global expansion as regulatory pressure fuels demand for smarter crime screening tech.

Airwallex launches an AI assistant in its web app, promising to simplify onboarding and day-to-day finance tasks for multi-currency businesses.

Indosat's AI spam shield blocked 2bn risky contacts in six months, averting scam losses of about USD $500m for Indonesian users.

Grab Finance taps FICO data tech to automate credit checks across six Southeast Asian markets and boost eligibility by nearly 50%.

Fico says by 2026 banking AI will be standard infrastructure, heightening fraud risks and putting CIOs and human cyber oversight centre stage.

Most firms plan agentic AI within three years, but Celonis finds clunky processes and poor context threaten ROI and slow deployment.

CelcomDigi, Firebase and Telenor Linx launch network-based phone verification in Malaysia to replace vulnerable SMS one-time passwords.