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Financial Services stories

Mindgard raises USD $30 million to boost AI security
Data Protection

Mindgard raises USD $30 million to boost AI security

Customer demand is helping the Boston and London startup expand as enterprises race to secure AI systems against fresh attack risks.

By Karen Joy Bacudo • 3 min read • Yesterday

Global Stories

Financial Services stories

Complex digital infrastructure slows financial firms' AI
Network Infrastructure

Complex digital infrastructure slows financial firms' AI

Delays from tangled networks and legacy systems are costing financial firms revenue, compliance time and AI opportunities, a survey found.

By Karen Joy Bacudo • 4 min read • Yesterday
TNS appoints Michael Johnson to lead global payments
Fintech

TNS appoints Michael Johnson to lead global payments

The move comes as payments firms face rising demand for secure infrastructure and simpler transaction networks across multiple markets.

By Mark Tarre • 3 min read • Yesterday
Sonata Software names Hariprasad Rebala Chief AI Officer
Data Analytics

Sonata Software names Hariprasad Rebala Chief AI Officer

The hire underscores rising pressure on IT services firms to turn AI pilots into measurable client gains as Sonata deepens its push into enterprise use.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday
Colter Bay backs Vertical Aviation with AUD $115m loan
Oil and Gas

Colter Bay backs Vertical Aviation with AUD $115m loan

Fresh capital will help Vertical Aviation refinance bank debt and fund aircraft buys as private credit gains ground in Australian lending.

By Mark Tarre • 4 min read • Last week
RecordPoint names Christian Lucarelli Chief Revenue Officer
Software-as-a-Service

RecordPoint names Christian Lucarelli Chief Revenue Officer

Pressure from AI projects stalled by poor data governance is boosting demand for RecordPoint's software among regulated organisations.

By Mark Tarre • 4 min read • Yesterday
Flywire expands Trustly open banking in North America
Fintech

Flywire expands Trustly open banking in North America

Customers in the US and Canada can now pay Flywire clients directly from bank accounts, with real-time checks aimed at reducing failed transfers.

By Joseph Gabriel Lagonsin • 3 min read • Last week
The invisible trust layer: Why payments are becoming a systems problem
Fintech

The invisible trust layer: Why payments are becoming a systems problem

Banks risk losing customer control as instant payments force fraud, identity and authorisation into one real-time trust system.

By Dr Carsten Wengel • 3 min read • Last week
OpenAI launches Ultrafast GPT-5.6 Sol for businesses
DevOps

OpenAI launches Ultrafast GPT-5.6 Sol for businesses

Businesses in the preview can use the model for real-time coding, support and trading tasks, with responses up to 14 times faster.

By Sean Mitchell • 4 min read • Last week

Stories from Other Regions

Financial Services stories

PointsKash secures USD $100 million Hawk funding plan
Fintech

PointsKash secures USD $100 million Hawk funding plan

Expansion of PointsKash's kiosk and payments network will hinge on meeting milestones to unlock a further USD $65 million from Hawk Capital Advisors.

By Karen Joy Bacudo • 4 min read • Yesterday
DriveWealth & IOL launch digital private banking in Uruguay
Digital Transformation

DriveWealth & IOL launch digital private banking in Uruguay

Affluent Uruguayan investors can now access global markets through a single app, as IOL Privé combines advice, planning and trading.

By Karen Joy Bacudo • 3 min read • Yesterday
Paymath targets SaaS firms with embedded payments push
Software-as-a-Service

Paymath targets SaaS firms with embedded payments push

SaaS providers could boost revenue and simplify billing as Paymath offers embedded payments support to firms using aggregator-based platforms.

By Karen Joy Bacudo • 3 min read • Yesterday
Wavebridge, BC Card test overseas stablecoin QR payments
Fintech

Wavebridge, BC Card test overseas stablecoin QR payments

The trial points to a way foreign visitors could pay Korean merchants with USDC while shops still settle in won, easing cross-border spending.

By Karen Joy Bacudo • 4 min read • 2 days ago
Bank of America buys stake in Jio Credit for India push
Fintech

Bank of America buys stake in Jio Credit for India push

The US lender's move gives it a bigger foothold in India's fast-growing non-bank finance market as Jio Credit seeks fresh capital.

By Karen Joy Bacudo • 4 min read • 2 days ago
AI is the new battleground in mortgage fraud detection
Data Analytics

AI is the new battleground in mortgage fraud detection

AI-made fake payslips and deepfakes are exposing lenders that still rely on fragmented mortgage checks, experts warn.

By Alex Stoney • 5 min read • 2 days ago
Citi buys Kard to boost card rewards & commerce media
Data Protection

Citi buys Kard to boost card rewards & commerce media

The bank can now tailor card offers and merchant-funded rewards for 70 million US cardmembers as it builds out its commerce media push.

By Karen Joy Bacudo • 4 min read • Last week
Lithic & Monavate launch single route to card issuance
Crypto

Lithic & Monavate launch single route to card issuance

Fintechs and crypto firms could cut card-launch complexity as the deal bundles processing, issuing and settlement into one route.

By Karen Joy Bacudo • 4 min read • Last week