Financial institutions stories

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

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

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

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.

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

Royal Bank of Canada creates AI Group reporting to CEO, targeting up to CAD $1 billion in AI-driven enterprise value by 2027.

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

Canada is boosting financial intelligence and policing ties to track money trails and crack down on organised-crime extortion schemes.

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.

FDATA names Sumsub policy lead Kat Cloud to its board, signalling a sharper focus on identity, fraud and security in North American open finance.

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.