Financial Services Stories

UK Stories

Financial Services stories

Kord raises GBP £6.4 million to scale regulated fintech

The cash will help the fintech expand its team and product as regulated firms seek faster onboarding, compliance checks and payments.

By Sofiah Nichole Salivio • 4 min read • Today

Ransomware

NCC Group backs UK cyber resilience pledge at Downing

UK firms face mounting attack costs as NCC Group joins a government-backed push to put cyber risk on board agendas and across supply chains.

By Sean Mitchell • 4 min read • Yesterday

Customer Experience

UK banks vow to improve access to basic bank accounts

FCA findings show vulnerable customers are still missing out on basic bank accounts, prompting nine banks to tighten offer and application processes.

By Karen Joy Bacudo • 4 min read • Yesterday

Fintech

UK payments firms face rising compliance cost pressure

Regulatory change is squeezing margins at UK payments firms, with 45% saying compliance costs are rising faster than revenue.

By Joseph Gabriel Lagonsin • 3 min read • Yesterday

Global Stories

Financial Services stories

Fintech

ThetaRay appoints Santander veteran to strategy role

The hire brings Santander compliance expertise into ThetaRay as banks face tougher anti-money laundering oversight and demand proof their controls work.

By Karen Joy Bacudo • 4 min read • Today

Software-as-a-Service

Zywave launches Apex AI platform for insurance sales

Insurers under staffing pressure may use the platform to speed renewals, prospecting and compliance work while cutting back-office time.

By Sean Mitchell • 4 min read • Today

Semiconductors

SambaNova closes USD $1 billion round at USD $11bn

JPMorganChase's new deployment and a move towards production AI have helped lift investor demand for SambaNova, which now sits at USD $11 billion.

By Sofiah Nichole Salivio • 4 min read • Today

Manufacturing

FPT study finds firms struggle to scale AI beyond pilots

Only 26% of organisations call their AI operations advanced, as integration headaches and data silos keep many projects stuck in pilots.

By Sofiah Nichole Salivio • 4 min read • Today

Software-as-a-Service

Episode Six & Decisionly team up on dispute automation

Banks and fintechs could cut manual chargeback work by more than 80% as the new API tie-up links card issuing with dispute automation.

By Sofiah Nichole Salivio • 4 min read • Today

Fintech

LemFi buys Wealth8 to add investing to its platform

The deal broadens LemFi's UK offering as it seeks to help internationally mobile customers move from transfers and savings into investing.

By Karen Joy Bacudo • 3 min read • Yesterday

DevOps

AI speeds coding but not enterprise software delivery

Enterprises risk slower returns from AI as manual approvals and release bottlenecks keep software lead times stuck at 30 to 45 days.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday

Fintech

SoFi launches Social 50 Income ETF for monthly income

Investors seeking income now have a simpler route to options-based returns as the new fund combines monthly payouts with stock-market growth potential.

By Karen Joy Bacudo • 3 min read • Yesterday

Stories from Other Regions

Financial Services stories

Software-as-a-Service

Axos Financial buys Arc Technologies in digital push

The deal gives Axos a newer software platform to court underserved US small businesses and tech start-ups more effectively.

By Karen Joy Bacudo • 3 min read • Today

Digital Transformation

Canadian AI consortium launches: Telus, Scotiabank partners

Regulated firms in Canada can now share AI controls and intellectual property, with the first system already handling more than two trillion tokens a month.

By Jake MacAndrew • 3 min read • Today

Firewalls

Picus launches AI platform to validate real exploits

Security teams may be able to cut false alarms as Picus says its new platform proves whether a vulnerability can actually be exploited.

By Sean Mitchell • 4 min read • Today

Fintech

TD Asset Management launches global real estate vehicle

Canadian accredited investors gain access to a global real estate strategy as TD Asset Management widens its private markets push with iCapital Canada.

By Karen Joy Bacudo • 4 min read • Today