Banking stories
Small purchase round-ups are helping many savers bridge KiwiSaver's contribution gap, with one app projecting NZD $2.5 million this year.
The new role reflects growing demand from banks and wealth managers for help modernising operations, data and security as systems grow more complex.
The new system is meant to help firms move AI from pilot projects into live customer operations, with audit trails and human oversight built in.
The partnerships aim to help banks and critical infrastructure prepare for quantum-era cyber risks as QNu Labs expands in Europe.
Delays and opaque fees in cross-border transfers are leaving millions of remittance recipients unable to cover essentials, a new survey finds.
Australia's banks are steadily increasing their use of artificial intelligence, but regulation and data security fears are tempering adoption.
Millions of UK and European shoppers can now skip manual card entry online, as Revolut rolls out Visa's Click to Pay at checkout.
Dutch shoppers will gain around-the-clock settlement as iDEAL is shifted onto instant SEPA rails and linked with Wero across Europe.
The chip could bolster banking and cloud security by proving its randomness is intact even as hardware ages, drifts or is tampered with.
Businesses can now settle invoices in USDC or PYUSD, with funds converted into US dollars on receipt through FV Bank's dashboard.
New digital onboarding has helped the credit union add USD $138 million in deposits and save more than 4,194 staff hours.
Industry experts warn that reimbursement is masking the scale of scams, as APP losses climbed 19% to GBP £576.4 million last year.
As SMEs demand faster lending and integrated tools, banks risk losing ground unless they cut red tape and modernise their platforms.
Non-STEM graduates now make up a third of Hyundai Card's digital team, as the issuer ties hiring to its AI-led business shift.
Financial firms face tighter oversight as the regulator warns current controls are not enough for fast-changing AI systems and machine identities.
Canadians are warming to AI for day-to-day banking, but most still want human advice when the stakes rise on major financial decisions.
The Bengaluru firm is adding senior firepower as demand grows for cross-border deal advice paired with execution support.
Weak data pipelines and poor governance can now be checked inside the FICO Platform, as the software maker pushes firms towards safer AI use.
Despite rising AI adoption, most firms are failing to turn it into enterprise-wide gains because governance and workforce readiness lag badly.
Banks must shift to real-time, networked defences as organised scams now move money through customer-authorised payments in minutes.