Banking stories - Page 3

SoFi and Galileo expand FedNow access with instant transfers both ways, as Bill Kennedy says the platform could open the same service to partners.

Primitive unveils bank-grade AI agent operating system with MX tie-up as banks seek tighter oversight, while Fin Capital and Pelion back launch.

Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.

Scotiabank puts AI under one roof as new enterprise platform rolls out for staff, with commercial email routing and client tools already delivering gains.

BMO broadens quantum outreach with new partnerships in Canada and Chicago, aiming to shape banking's readiness on security, talent and governance.

Wise posts higher transfer volumes and customer balances as it targets a Nasdaq primary listing in May 2026 while keeping London.

Oracle expands its financial crime platform with Lucinity's AI investigation tools, aiming to cut compliance workloads for banks and regulated firms.

Banks are slowing AI rollouts as they prioritise process visibility, with Celonis arguing execution depends on understanding how work flows today.

Researchers link Android banking trojan to Cambodia scam compound, exposing a malware-for-hire network impersonating banks and agencies across 21 countries.

FintechOS rolls out FintechOS 8 preview, pairing governed AI with product workflows for lenders and insurers as it eyes launch later this quarter.

Cambodia scam compounds are being tied to a mobile banking fraud network that hit users in 21 countries, researchers say.

ADAPTOVATE taps transformation veteran Jim Cundiff as Managing Director and Partner to deepen North American growth and its AI consulting push.

SLR deepens its digital climate analytics offer with the acquisitions of Planetrics and ClimSystems, targeting asset-level risk modelling.

Persistent and Databricks launch Merchant Risk Management and Fraud Detection solution for banks and payment providers facing rising digital payment fraud.

Custodia says financial firms must widen record-keeping to cover collaboration tools, messaging apps and AI-generated content as regulators step up scrutiny.

Hapax expands beyond banks with AI platform that spots workplace bottlenecks and deploys task-specific workers, claiming 350 automations in beta.

World Cup guide urges banks to spot scams and trafficking as tournament travel, ticket demand and online activity heighten fraud risks.

iProov warns iOS injection attacks surged 1,151% in late 2025 as generative AI fuels deepfake impersonation and identity fraud.

Monzo abandons its US expansion and cuts about 50 jobs as Revolut pushes for a banking charter to build a direct American lending business.

Halcyon hires veteran Security Leader Dave Hannigan to bolster ransomware resilience work with customers and partners as attacks keep rising.