CFOtech UK - Technology news for CFOs & financial decision-makers

Banking stories - Page 2

Adaptovate

ADAPTOVATE appoints Jim Cundiff to boost North America

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ADAPTOVATE taps transformation veteran Jim Cundiff as Managing Director and Partner to deepen North American growth and its AI consulting push.
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SLR buys climate analytics platforms in digital push

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digital transformation
SLR deepens its digital climate analytics offer with the acquisitions of Planetrics and ClimSystems, targeting asset-level risk modelling.
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Persistent launches merchant fraud tool on Databricks

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partner programmes
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rpa
Persistent and Databricks launch Merchant Risk Management and Fraud Detection solution for banks and payment providers facing rising digital payment fraud.
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Custodia warns of AI record-keeping risk in finance

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risk & compliance
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genai
Custodia says financial firms must widen record-keeping to cover collaboration tools, messaging apps and AI-generated content as regulators step up scrutiny.
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8B & PayU link UPI to Central Asia travel payments

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8B and PayU team up to let Indian travellers use UPI across Central Asia, as rising visitor numbers fuel cross-border payment demand.
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Aspire partners with J.P. Morgan on cross-border FX

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defi
Aspire taps J.P. Morgan Payments for cross-border FX as the Singapore fintech expands wallet conversions in SGD, USD, GBP, EUR and HKD.
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Renew Risk launches offshore windstorm models for Europe

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clean technologies
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insurance
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climate change
Renew Risk unveils first offshore windstorm catastrophe models for Europe, aiming to sharpen insurers' pricing as bigger turbines face harsher seas.
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iProov report warns of soaring iOS injection attacks

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data protection
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iProov warns iOS injection attacks surged 1,151% in late 2025 as generative AI fuels deepfake impersonation and identity fraud.
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AlphaSense expands in EMEA & APAC with senior hires

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digital transformation
AlphaSense names senior UK and Singapore hires as it steps up EMEA and APAC push, with multilingual search and content expansion.
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UK data privacy complaints rise in finance & health

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data protection
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manufacturing
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breach prevention
Finance and health lead UK privacy complaints as Bridewell analysis shows rising cases across data-heavy sectors and shifting ICO outcomes.
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Diverging paths: Monzo quits, Revolut hunts US charter

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Monzo abandons its US expansion and cuts about 50 jobs as Revolut pushes for a banking charter to build a direct American lending business.
Building digital trust data quality strategy

Building digital trust: Data quality provides a scalable path

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data protection
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Data quality gives banks a scalable route to digital trust, cutting fraud and false positives while speeding onboarding, KYB and AI-driven checks.
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UK firms back bank-led recurring payments over cards

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UK businesses back bank-led recurring payments as GoCardless says cards and admin costs are draining revenue and delaying collections.
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Plaid unveils foundation model for transaction data

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risk & compliance
Plaid builds a foundation model to improve transaction analysis, lifting income classification and loan payment detection across financial services.
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Visa says AI agents may soon negotiate business deals

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digital transformation
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Businesses warm to AI agents haggling over deals, but consumers remain wary of handing software full control of spending.
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GigaOm names Check Point leader in app & API security

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hybrid cloud
GigaOm names Check Point a third-year application security leader as its WAF posts strong detection rates and low false positives.
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Kelleher visits ACI Worldwide's Limerick data centre

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data protection
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private cloud
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hyperscale
Kelleher hails Limerick's role as ACI Worldwide marks decade of running European payments hub and data centre.
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Britons would ditch heating before internet, survey finds

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uc
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smart home
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digital entertainment
Survey finds many Britons would sacrifice heating, hot water and even the fridge before going without internet access for a week.
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Bybit EU deepens identity checks with Fourthline partnership

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crypto
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Bybit EU bolsters Austrian onboarding controls with Fourthline as crypto firms face tighter MiCAR identity and anti-money laundering scrutiny across Europe.
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Personetics & Atomic partner on in-app deposit switching

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Personetics and Atomic team up to let banks prompt deposit and bill switching inside apps, aiming to cut friction and boost primary relationships.