Banking stories
CAD $90,000 scam losses have pushed Teqare to widen training across more than 80 First Nations, schools and elder communities in Canada.
The platform aims to cut costs and complexity for banks, fintechs and merchants moving funds across borders in fiat and stablecoins.
Account takeover and card-testing attacks surged as AI lowered the cost and speed of scams, raising pressure on online retailers.
Banks and other financial firms are under more pressure from AI-assisted identity fraud, but they outscore peers on detection and audit evidence.
Banks and other regulated firms could gain extra protection against replay and injection fraud as Daon readies identity checks for the post-quantum era.
Mortgage file reviews could be cut to minutes after SlateWorks' AI auditor beat 25 teams in ABBYY's Bangalore hackathon.
Compliance teams could see fewer false alarms as the new models target suspicious messages tied to insider dealing and personal trading.
The platform targets banks juggling separate systems across APAC, where technology spending is rising as lenders race to simplify business services.
Travel and banking customers could see faster resolutions as enterprises shift AI from answering queries to completing tasks end to end.
Australians are losing billions as AI-driven fraud pushes banks, telcos and platforms to share scam data faster and stop payments earlier.
Rising cybercrime is forcing Australian businesses to tighten checks or risk fraud losses, compliance breaches and slower onboarding.
The move would let Nayax offer more financial services to US business customers as North America remains its largest market.
Arc's push towards a public launch gains weight as BlackRock, Visa and other financial heavyweights agree to help secure the network.
The tie-up should give users more account features, faster transfers and higher limits as Fold builds a fuller banking-style app around bitcoin.
Fintech leaders, regulators and investors will gather in Melbourne as the sector seeks clearer policy settings to unlock growth and funding.
Manual recovery still risks missed payments and trades when financial systems fail, as customers care only whether transactions complete.
Banks could gain faster product updates and lower operating costs as Maximum emerges from stealth with a USD $30 million seed round.
Staff across Anaptyss will be able to turn frontline ideas into customer solutions, patents and rewards under the new IGNITE programme.
Businesses in the Philippines may face higher costs and slower sites as AI-generated internet traffic rises 30% in five months, Fastly said.
Banks risk being blindsided by new digital finance firms that are already moving money faster and attracting users beyond the old model.