Financial institutions stories

Cross-border payments are failing despite accurate addresses, exposing a GBP £94 billion data and identity gap banks can no longer ignore.

Temenos wins Microsoft AI Cloud partner status for its Azure-native core banking SaaS, boosting co-sell options and bank modernisation plans.

Fathom has deepened its partnership with AXA Climate's Altitude platform to embed richer probabilistic flood and terrain data for investors.

Mozark secures USD $40m Series B to expand its AI-era digital testing platform and deepen global reach across enterprises and governments.

Bank standards body BIAN unveils Service Landscape 14.0, aligning with ISO 20022 and adding AI-focused domains for banks' modernisation push.

Teciem appoints fintech veteran Didier Bouillard as independent chair, tasking him with steering governance and growth under private equity.

AutoRek's Michelle Earp and Amelia Doyle win top Women in Tech & Data Awards for marketing leadership and diversity and inclusion work.

Swift enlists over 50 banks to launch common rules for faster, clearer cross-border retail payments, with first flows live by June.

Backbase appoints Didier Van der Coelden as CFO to steer growth and AI-led banking platform expansion across its global operations.

ACI Connetic for Cards promises unified issuing, acquiring and ATM processing as banks race to modernise card systems and fight fraud.

10x Banking launches version 10.0 of its core platform, its 100th release, adding richer lending tools and custom logic hooks for banks.

Women in cybersecurity demand real visibility and inclusion, warning that lack of female voices skews risk, products and leadership decisions.

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

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

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

Entersekt boosts leadership as it tops 10bn transactions and posts 30% North American growth, adding senior hires to drive expansion.

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.

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