Banking Stories

Kiwi Stories

Banking stories

New Zealand risks losing AIP billions without banking

Without stronger private banking, New Zealand may fail to keep NZD $2.72 billion already committed under its investor visa scheme in the country.

By Karen Joy Bacudo • 5 min read • Today

Fintech

Westpac NZ automates loan income checks with Akahu

Applicants for Westpac NZ personal loans can now get faster approvals, as the bank's online system automatically sorts income and expense data.

By Karen Joy Bacudo • 4 min read • Last week

Global Stories

Banking stories

Crypto

Visa moves stablecoin prefunding into commercial use

Businesses can now use USDC to prefund cross-border payouts through Visa Direct, as the scheme moves from trials into live commercial use.

By Karen Joy Bacudo • 4 min read • Today

Managed Services

Castles Technology wins PCI validation for SoftPOS trio

Payment providers now have three compliant routes into smartphone-based card acceptance after Castles Technology cleared PCI checks for all parts of its SoftPOS line-up.

By Sofiah Nichole Salivio • 3 min read • Today

Crypto

Mastercard & BVNK launch stablecoin money platform

Businesses handling cross-border payments will be able to move between fiat and stablecoins through one integration, cutting the need for multiple providers.

By Karen Joy Bacudo • 4 min read • Today

Smart Home

98 zero-day flaws found at TrendAI hacking contest

Researchers disclosed 98 flaws across phones, printers and AI tools, underscoring how quickly the attack surface is widening for businesses.

By Mara Sugue • 5 min read • Yesterday

Digital Transformation

Investec taps Navan to modernise global travel programme

The bank wants a single system to cut admin, tighten spending oversight and improve compliance across its international travel programme.

By Karen Joy Bacudo • 3 min read • Last week

Risk & Compliance

Gresham launches AI tool to speed up reconciliations

Banks could cut reconciliation setup time sharply as Gresham's new AI interface lets business users build controls without specialist support.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Risk & Compliance

SEON & Yuno team up to boost global fraud controls

Merchants expanding into new markets can now add fraud checks through Yuno's existing payments infrastructure, avoiding a separate integration.

By Karen Joy Bacudo • 3 min read • Last week

Fintech

Chargebacks911 names Brad Wiskirchen to drive acquisitions

The hire signals a push into acquisitions and new financial services products as the payments group broadens beyond dispute management.

By Sofiah Nichole Salivio • 4 min read • Last week

Customer Experience

Rethinking what happens at card expiry

Banks are testing secure ways to collect expired payment cards and turn the recovered plastic into new products, benches and pellets.

By Karen Coe • 5 min read • Last week

Stories from Other Regions

Banking stories

Digital Transformation

Capital One CTO on the drive to expand talent in Canada

Broader project work across Canada and the US is helping Capital One retain engineers amid fierce competition for tech talent.

By Jake MacAndrew • 3 min read • Today

Risk & Compliance

Farsight & Ornn bring AI compute in-house for banks

Banks worried about data security and rising AI costs can now run Farsight's platform on their own systems via Ornn's GPU capacity.

By Karen Joy Bacudo • 3 min read • Last week

Government

NatWest, Nationwide & HSBC join payments inclusion coalition

Banks are backing a framework that could give vulnerable customers help with everyday payments without handing over full legal control.

By Karen Joy Bacudo • 4 min read • Last week

Disaster Recovery

Kyndryl completes CLS data centre migration for FX trade

The first settlement cycle in the new environment processed nearly 2 million FX trades worth more than USD $9 trillion, testing its resilience.

By Sofiah Nichole Salivio • 3 min read • Last week

Fintech

City First Bank picks MANTL to speed digital account opening

Customers will be able to open accounts in minutes as the Washington-based lender expands beyond branches while keeping its community banking model intact.

By Karen Joy Bacudo • 3 min read • Last week