Banking stories
FCA findings show vulnerable customers are still missing out on basic bank accounts, prompting nine banks to tighten offer and application processes.
Wealth managers could cut manual reconciliation as the tie-up gives access to data from more than 650 financial institutions in one system.
Banks and fintechs could cut manual chargeback work by more than 80% as the new API tie-up links card issuing with dispute automation.
Enterprises risk slower returns from AI as manual approvals and release bottlenecks keep software lead times stuck at 30 to 45 days.
International founders can now open US business accounts remotely, as Bluevine removes a major barrier for overseas owners in eight markets.
Rising delinquencies are pushing enterprises to adopt AI collections tools, as BMW i Ventures backs KredosAi's USD $7 million Series A.
Growth in regulated sectors has turned Abacus's London office into an EMEA hub with 129 staff and more than 1,200 clients across 25 countries.
The name-checking service is now helping avert scam losses and mistaken payments, with more than 150 million checks completed in its first year.
The deal gives Axos a newer software platform to court underserved US small businesses and tech start-ups more effectively.
The new release aims to cut policy maintenance by up to 80% as enterprises struggle to secure AI agents that change behaviour over time.
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.
Canadian savers get a new 2.50% fee-free account as Haventree moves beyond brokered mortgages into retail deposits.
Pay-later use for essentials is rising as Canadians face higher grocery bills and turn to discount chains to stretch budgets.
Customers at Bank of Sydney should see faster payments and more self-service after its core banking systems moved to AWS.
US brokers and small businesses get a revolving capital option of up to USD $2 million as Bizcap folds its American arm into the global brand.
The deal will embed Claude across UST's client systems and internal workflows, as the services firm trains 20,000 staff worldwide on the AI model.
Unfamiliar numbers are fuelling a trust gap in Indian business calls, despite most consumers still preferring voice for urgent matters.
Financial institutions across Asia Pacific are being shown how AI agents, digital identity and tokenisation could reshape secure payments in coming years.
Approval would let the fintech bring U.S. payments, savings and credit operations in-house, reducing reliance on partner banks.
The enlarged lender now serves nearly 4 million Canadians, while Loblaw becomes a much larger EQB shareholder after the PC Financial takeover.