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Banking stories

UK firms spend on AI without clear returns, study finds
Digital Transformation

UK firms spend on AI without clear returns, study finds

Most UK businesses are failing to measure AI returns, with 83% of decision-makers saying they have spent without clear evidence of value.

By Karen Joy Bacudo • 4 min read • Today
Britons doubt banks can spot sophisticated fraudsters
Artificial Intelligence

Britons doubt banks can spot sophisticated fraudsters

Rising fraud and AI-powered impersonation are leaving banks under pressure to improve checks, as 69% of Britons doubt they could spot a deepfake fraudster.

By Karen Joy Bacudo • 4 min read • 3 days ago
Kao Data launches site to explain data centres to public
Construction

Kao Data launches site to explain data centres to public

The site aims to calm local concerns over energy, water and noise by answering basic questions about the infrastructure behind everyday digital services.

By Sofiah Nichole Salivio • 4 min read • 2 days ago
Finance workers share sensitive data with AI tools
Data governance

Finance workers share sensitive data with AI tools

Nearly half of finance and insurance staff using AI at work have pasted sensitive information into tools without employer approval, a survey found.

By Karen Joy Bacudo • 3 min read • 2 days ago

Global Stories

Banking stories

US subscribers cancel over price rises, Bango finds
Subscriptions

US subscribers cancel over price rises, Bango finds

Cost-sensitive US consumers are forcing subscription services to rethink pricing, after 22% cancelled following price rises in the past year.

By Sofiah Nichole Salivio • 4 min read • Today
RingCentral adds oversight tools for AI & human agents
Customer Experience

RingCentral adds oversight tools for AI & human agents

Contact centre managers can now track AI and human interactions in one system, helping them spot failures sooner and plan staffing more accurately.

By Regine Laguilles • 5 min read • Today
ID-Pal & ThirdEye launch AML partnership across markets
Risk & Compliance

ID-Pal & ThirdEye launch AML partnership across markets

Banks and other regulated firms in three countries will be able to link onboarding checks with ongoing AML monitoring as fraud risks intensify.

By Sofiah Nichole Salivio • 3 min read • Yesterday
Morgan Stanley adds loan deposit feature via Hyperlayer
Risk & Compliance

Morgan Stanley adds loan deposit feature via Hyperlayer

Wealth Management clients can now receive securities-based loan proceeds into existing Morgan Stanley accounts, with restrictions enforced automatically.

By Sofiah Nichole Salivio • 3 min read • Yesterday
Diraq deploys Australia's first quantum computer in Sydney
Manufacturing

Diraq deploys Australia's first quantum computer in Sydney

The eight-qubit machine is now live in Sydney, marking a move from laboratory research to commercial use and giving Australia its first quantum computer.

By Mara Sugue • 4 min read • 3 days ago

Stories from Other Regions

Banking stories

Executives warn of rising fraud risks in business payments
Multi-factor authentication

Executives warn of rising fraud risks in business payments

Businesses face greater losses as scammers exploit service desks, remote hiring and real-time payments, leaving less time to spot deception.

By Sofiah Nichole Salivio • 4 min read • Yesterday
Suhyup joins first Korean test of tokenised FX settlement
Blockchain

Suhyup joins first Korean test of tokenised FX settlement

Cross-border payments will be tested on a live tokenised deposit rail, giving Korean banks early evidence on settlement and remittance risks.

By Karen Joy Bacudo • 4 min read • Yesterday
MobileSphere adds verified financial texts to SLYNUMBER
Data Privacy

MobileSphere adds verified financial texts to SLYNUMBER

The update aims to help SLYNUMBER users spot recognised banking texts more quickly, as scam messages continue to muddy trust in SMS alerts.

By Karen Joy Bacudo • 3 min read • Today
Hyperlayer launches loan deposit feature for Morgan Stanley
Fintech

Hyperlayer launches loan deposit feature for Morgan Stanley

Eligible borrowers at Morgan Stanley Wealth Management can now access securities-based loan proceeds in existing accounts, with spending rules enforced automatically.

By Karen Joy Bacudo • 4 min read • 2 days ago
SAS predicts 2027 AI boom will hinge on trust & value
Hyperscale

SAS predicts 2027 AI boom will hinge on trust & value

As AI agents take on bigger tasks, firms will be pushed to prove they can control them safely and justify the spending.

By Karen Joy Bacudo • 5 min read • 2 days ago
Dreeze launches cloud recovery platform with USD $33 million
Data Protection

Dreeze launches cloud recovery platform with USD $33 million

The seed round will help Dreeze expand sales and product work as firms seek faster restoration of cloud applications after outages or cyberattacks.

By Karen Joy Bacudo • 4 min read • Yesterday
Wise launches Everyday Account in Australia for relocators
Fintech

Wise launches Everyday Account in Australia for relocators

Relocators and other customers can now manage Australian bills, salary payments and foreign currencies in one account, with fees removed on local AUD transfers.

By Karen Joy Bacudo • 4 min read • 3 days ago
Sinch launches Australian hosting region for Mailgun
Data Analytics

Sinch launches Australian hosting region for Mailgun

Banks, hospitals and universities can now keep transactional email data and logs onshore under the new region, easing compliance pressure.

By Mara Sugue • 3 min read • 3 days ago