Financial institutions stories - Page 2

Ripple expands Ripple Payments with new custody and collections tools as stablecoin-based cross-border settlement surges among institutions.

Visa has appointed former consulting chief David Peacock as Country Manager for New Zealand and the Pacific amid rapid digital payments growth.

Banks risk AI 'infrastructure traps' as long projects outpace fast-evolving models, wasting budget while nimbler rivals ship real solutions.

With 88% of Australian tech leaders doubting IT ROI, IT financial management emerges as the missing link between spend and value.

APAC banks face data gaps, false alerts and opaque ownership as they race to modernise sanctions screening amid fragmented rules.

DTCC appoints Adam Watson to lead its global asset services arm, overseeing strategy, operations and modernisation of a core business line.

BPC has been named a technology leader in QKS Group's 2025 SPARK Matrix for merchant payment platforms, recognising SmartVista's breadth.

Synechron partners with Cognition to embed AI engineer Devin in bank modernisation work, targeting faster upgrades and legacy code overhauls.

eflow launches RegCheck audit to help mid-market financial firms cut fragmented compliance tech stacks that can add up to 30% to costs.

Unlimit appoints Hong Kong-based Michele Fung as Asia-Pacific head to drive regional expansion in increasingly competitive payments markets.

BADIIS malware is hijacking over 1,800 IIS servers worldwide, quietly boosting illicit gambling and crypto phishing sites via poisoned SEO.

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

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.

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

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

Teciem debuts in London as an independent treasury software group, backed by Apax and serving more than 340 financial institutions.

Gr4vy launches Silent Mode to let merchants trial multiple fraud tools in parallel on live payments without affecting real customer outcomes.

Mentalist Oz Pearlman will headline FICO World 2026 in Orlando, anchoring an AI-focused summit on customer behaviour and financial services.

Adeptia launches Automate for Retirement Benefits Enrolment to automate fragmented data intake and speed record-keeping enrolment flows.