Banking stories
The lender expects faster onboarding, tighter fraud checks and quicker customer responses as AI spreads across its regulated banking operations.
Customers in the US and Canada can now pay Flywire clients directly from bank accounts, with real-time checks aimed at reducing failed transfers.
The fresh capital will help Yuno widen its payments network, add products and edge closer to profitability as it scales worldwide.
Backlogs, false positives and rising fines are pushing APAC compliance teams towards AI, but most firms still lack the skills to govern it safely.
The update lets regulated firms connect AI agents to approved lineage data while keeping model choice, human review and audit trails in house.
Stricter scrutiny of trading activity is driving demand for surveillance tools, helping Eflow add 20 client relationships in North America this year.
AI-made fake payslips and deepfakes are exposing lenders that still rely on fragmented mortgage checks, experts warn.
Members will soon get payments, transfers and budgeting tools in one app as Strata Credit Union upgrades its digital banking service.
Banks risk losing customer control as instant payments force fraud, identity and authorisation into one real-time trust system.
The bank can now tailor card offers and merchant-funded rewards for 70 million US cardmembers as it builds out its commerce media push.
Small businesses can now use Square Credit Card to cover vendor bills, with 3% cash back on Bill Pay transactions and broader access.
Eligible bitcoin holders in Canada can now access up to CAD $50,000 without selling coins, though collateral calls may follow price swings.
SMEs with overseas suppliers or customers can now earn interest on dollar and euro cash without juggling separate bank relationships.
The tie-up could cut onboarding delays and duplicate checks for banks by linking customer due diligence with AML monitoring in one workflow.
Merchants could cut payment processing costs by an average of 60% as Sionic pushes bank-to-bank checkout across Microsoft's cloud tools.
Lenders can now spot synthetic fraud earlier, with combined identity and cashflow checks available in milliseconds before bank authentication.
A small group of UK SMEs are reporting far bigger productivity gains from AI, with front-runners saving more than 280 hours a year per employee.
Sensitive credit-card data will be protected in LXMQ's platform as the fintech tests Privaclave AI before a wider consumer launch.
Smaller finance teams can now enforce budgets and receipts in one place as Mercury adds employee and AI agent cards for business customers.
Members will be able to round up card purchases into savings or donations as APL FCU adds new tools to its digital banking service.