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Banking Stories - Page 3

Canadian Stories

Banking stories

One in three Canadians targeted by scam, survey finds
Phishing

One in three Canadians targeted by scam, survey finds

Banks and phone firms face pressure to do more, as 34 per cent of Canadians say they were targeted by a scam in the past year.

By Sofiah Nichole Salivio • 4 min read • Last week

Global Stories

Banking stories

Rethinking what happens at card expiry
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
Shield appoints former HSBC executive Michelle Clark
Artificial Intelligence

Shield appoints former HSBC executive Michelle Clark

Her appointment signals Shield's push to sharpen its compliance software as banks grapple with tighter communications monitoring and AI oversight.

By Sofiah Nichole Salivio • 4 min read • Last week
Deepfake scams drive USD $40 billion fraud warning
Biometrics

Deepfake scams drive USD $40 billion fraud warning

Banks and insurers face rising losses as deepfake fraud is now estimated at USD $40 billion a year, with voice cloning fuelling most cases.

By Karen Joy Bacudo • 5 min read • Last week
Banks overrate fraud readiness as data gaps persist
Fintech

Banks overrate fraud readiness as data gaps persist

Operational gaps are undermining banks' fraud defences, with only 41% fully connecting key data despite strong plans to increase AI spending.

By Karen Joy Bacudo • 3 min read • Last week
HCLTech signs Anthropic partnership for enterprise AI
Manufacturing

HCLTech signs Anthropic partnership for enterprise AI

The deal should help large firms deploy safer AI systems, with HCLTech adding Claude to services and software for banks, hospitals and manufacturers.

By Mara Sugue • 4 min read • Last week
Memcyco updates PoSA to spot attacker devices earlier
Phishing

Memcyco updates PoSA to spot attacker devices earlier

Fraud teams can now flag suspicious devices before login, as PoSA v1.11 adds real-time risk scores to help stop account takeovers earlier.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Bloomberg launches Enterprise MCP for AI data access
Data governance

Bloomberg launches Enterprise MCP for AI data access

Financial firms can now give AI agents governed access to Bloomberg data, with context that clarifies currency, pricing and timing.

By Joseph Gabriel Lagonsin • 4 min read • Last week
AI agents force payments industry to verify intent
Payment Technologies

AI agents force payments industry to verify intent

Banks and card networks may need new checks as software agents start buying on customers' behalf, blurring fraud and consent.

By Joseph Gabriel Lagonsin • 4 min read • Last week
nCino launches AI suite for mortgage loan officers
Risk & Compliance

nCino launches AI suite for mortgage loan officers

The new tools are already in use at Educated Mortgage, as lenders seek to cut manual work and speed up turnaround times.

By Karen Joy Bacudo • 3 min read • Last week

Stories from Other Regions

Banking stories

Smarsh names Alessandro Silva Chief Growth Officer
Customer Experience

Smarsh names Alessandro Silva Chief Growth Officer

The new post is meant to unify Smarsh's sales and customer teams as the software group pushes further into regulated markets overseas.

By Sofiah Nichole Salivio • 3 min read • Last week
MyState picks TCS platform for Auswide merger integration
Digital Transformation

MyState picks TCS platform for Auswide merger integration

The merger will leave MyState with one core banking system, reducing complexity and supporting digital services across the combined lender.

By Sean Mitchell • 4 min read • Last week
Oracle NetSuite launches free QuickStart for startups
Software-as-a-Service

Oracle NetSuite launches free QuickStart for startups

Eligible US startups can now use NetSuite's accounting tools free, as Oracle pushes founders to adopt finance software before spreadsheets start to fail.

By Joseph Gabriel Lagonsin • 3 min read • Last week
Texans Credit Union lifts digital users 42% with Alkami
Digital Transformation

Texans Credit Union lifts digital users 42% with Alkami

The move has helped lift member engagement, with digital banking users up 42% and in-branch account opening now up to five times faster.

By Karen Joy Bacudo • 4 min read • Last week
CodeWall raises USD $4 million to test cyber defences
Artificial Intelligence

CodeWall raises USD $4 million to test cyber defences

The London start-up will use the funding to expand autonomous attack testing as firms face more frequent, AI-driven cyber threats.

By Karen Joy Bacudo • 3 min read • Last week
ThetaRay appoints Laure Richmond as chief financial officer
Data Analytics

ThetaRay appoints Laure Richmond as chief financial officer

The hire comes as the financial crime compliance software group expands globally to meet tougher anti-money laundering rules and rising scrutiny.

By Mara Sugue • 4 min read • Last week
Convera names four executives to drive global platform
Fintech

Convera names four executives to drive global platform

The appointments support Convera's push to integrate cross-border payments, FX risk tools and multi-currency services for business customers.

By Sofiah Nichole Salivio • 3 min read • Last week