Banking stories
Faster digital payments are leaving fintech firms exposed as regulators and attackers pressure weak controls and resilience across the sector.
Financial services firms risk stalled AI roll-outs and weaker supply chains unless governance and digital skills improve, experts warned.
The hire bolsters Constant AI's push to explain its regulated transaction software as it expands beyond customer chat into credit union operations.
Rapid digital adoption and tighter regulatory frameworks are turning the region into a proving ground for new financial services models.
LGBT+ households facing mortgage and retirement hurdles will gain regulated advice through a new venture aimed at closing a long-standing gap.
Rising smartphone fraud is pushing banks, insurers and telecoms to add scam protection without building it in-house.
Lenders can now track borrowers' changing debt loads after origination, as the tool flags refinancing and risk signals without reauthentication.
Rising regulatory pressure could force banks, merchants and payment firms to tighten controls on AI and card costs as Australia reforms payments.
Growth in India and the Gulf is exposing weak customer data, with inaccurate records slowing onboarding, payments and fraud checks.
The ranking reinforces Incode's pitch to banks and platforms seeking faster checks as deepfakes and synthetic identities raise fraud risk.
Chequing and spending products helped lift assets under administration to CAD $155.6 billion, with client numbers reaching 3.6 million.
The move gives Canada's prepaid lobby broader fintech and banking expertise as prepaid rails become central to digital financial services.
Clients in regulated sectors may be able to test sensitive workloads in Canada, easing data-sovereignty worries as quantum use matures.
Banks and credit unions using Alkami will get built-in Plaid connectivity, cutting implementation work and helping reduce fraud risk.
Canadians getting money from abroad should see fewer deductions and faster arrivals as the new scheme is rolled out on selected routes.
Selected customers can now secure vehicle finance in the app, with approval in a minute and delivery within 24 hours.
Millions of customers will gain quicker access to payments, card controls and accessibility features as the lender pushes more banking into mobile.
Millions of Revolut customers will get OpenAI's ChatGPT Go free for up to a year, as the fintech bundles AI into its paid plans.
Execution and escalation breakdowns now outnumber hallucinations in enterprise AI failures, according to more than 10,000 observed incidents.
The move could cut complexity for fintech firms by bundling regulated banking access with payments software in one provider.
