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Banking Stories - Page 3

UK Stories

Banking stories

UK fraud losses hit GBP £1.28 billion as scams rise
Fintech

UK fraud losses hit GBP £1.28 billion as scams rise

Scams that trick people into authorising payments drove UK fraud losses to GBP £1.28 billion last year, FICO said.

By Sofiah Nichole Salivio • 4 min read • Last week

Global Stories

Banking stories

V2 AI hires four executives as enterprise demand soars
Digital Transformation

V2 AI hires four executives as enterprise demand soars

Growing enterprise demand has prompted V2 AI to add senior leadership as it tackles rising AI spending across Australia and Asia-Pacific.

By Mark Tarre • 4 min read • Last week
Ireland must move beyond digital accessibility towards inclusion
Digital Transformation

Ireland must move beyond digital accessibility towards inclusion

Millions of Europeans with disabilities still face daily online barriers, as half of Irish businesses remain unaware of new EU rules.

By Kyran O'Mahoney • 4 min read • Last week
Bir names Lukasz Szczepanski as Birmarket Chief Executive
Digital Transformation

Bir names Lukasz Szczepanski as Birmarket Chief Executive

The hire signals Bir's push to expand online retail in Azerbaijan, where eCommerce still makes up about 3% of sales.

By Sofiah Nichole Salivio • 4 min read • Last week
OVHcloud & LTM team up on sovereign AI cloud in Europe
Data Protection

OVHcloud & LTM team up on sovereign AI cloud in Europe

Regulated European firms could gain tighter data control as the pair target banking, healthcare and public sector AI deployments.

By Sean Mitchell • 4 min read • Last week
LexisNexis & Promon team up on mobile fraud defence
Gaming

LexisNexis & Promon team up on mobile fraud defence

Fraud teams will gain extra app-level signals as the firms combine mobile protection with identity intelligence to catch tampering and abuse.

By Sean Mitchell • 3 min read • Last week
Wultra raises EUR €6.8m in Series A led by Seventure
Software-as-a-Service

Wultra raises EUR €6.8m in Series A led by Seventure

Cybersecurity group Wultra will use the funding to expand its digital identity platform as banks face rising AI-driven fraud and quantum risks.

By Karen Joy Bacudo • 4 min read • Last week
Norton warns of winter surge in scam attacks in NZ
Malware

Norton warns of winter surge in scam attacks in NZ

Winter brings a sharp rise in crypto, impostor and tech support fraud, with older Kiwis and travellers among the main targets.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Prove & Baselayer team up on business verification
Fintech

Prove & Baselayer team up on business verification

Banks and fintechs could cut onboarding delays as a single workflow now joins customer identity checks with real-time business verification.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Adblock for YouTube extension flagged for security risk
Cybersecurity

Adblock for YouTube extension flagged for security risk

More than 11 million users could have been exposed if a server-side change had turned the Chrome add-on into a vehicle for code execution.

By Sofiah Nichole Salivio • 4 min read • Last week
Smarsh and AWS expand AI compliance tools for banks
Cloud Security

Smarsh and AWS expand AI compliance tools for banks

Banks could cut compliance review workloads by 77% as Smarsh rolls out AWS-backed AI tools that regulators can still audit.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Banking stories

Banking Circle appoints Cracknell as Chief Executive Officer
Fintech

Banking Circle appoints Cracknell as Chief Executive Officer

The planned handover aims to keep Australian clients steady as Banking Circle's local unit shifts to an internal Chief Executive Officer.

By Mark Tarre • 4 min read • Last week
Marketers lag as agentic AI surges across industry
Data Protection

Marketers lag as agentic AI surges across industry

Many marketers are still unclear how to use agentic AI, even as pilots remain limited and governance questions grow across the industry.

By Sean Mitchell • 4 min read • Last week
Have we been measuring crypto adoption all wrong?
Crypto

Have we been measuring crypto adoption all wrong?

Traditional crypto gauges may be missing a shift towards blockchain quietly underpinning payments, settlement and tokenised assets.

By Paul Quickenden • 4 min read • Last week
Inveo Kripto & Moca Network sign Türkiye identity deal
Crypto

Inveo Kripto & Moca Network sign Türkiye identity deal

A new blockchain identity link could help Turkish users access regulated digital services while meeting stricter compliance demands.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Prophet appoints Rishad Tobaccowala for US expansion
Marketing Technologies

Prophet appoints Rishad Tobaccowala for US expansion

Its US push gains senior marketing firepower as the Melbourne-based firm seeks to win finance teams wary of wasted ad spend.

By Joseph Gabriel Lagonsin • 3 min read • Last week
Ottawa releases new bank fraud & data sharing rules proposal
Data Protection

Ottawa releases new bank fraud & data sharing rules proposal

Consumers could gain stronger protections and easier data sharing as Ottawa opens consultations on bank fraud and open-banking rules.

By Jake MacAndrew • 3 min read • Last week