Banking stories - Page 5

Flywire taps former Bank of America audit chief Christine Katziff for board role as it bolsters oversight of its global payments business.

Custom Travel Solutions opens RouteStack, giving AI assistants live hotel inventory and a direct path to bookings as it eyes wider travel categories.

Monument to tokenise GBP £250 million of retail deposits on Midnight blockchain in UK first, keeping savings protected and interest-bearing.

Tide adds easy access cash ISA with 3.25% variable AER for sole traders, letting self-employed users save tax-free and withdraw funds instantly.

Governance alone is no safeguard as enterprises are urged to make data quality the proof of trustworthy information in 2026.

InDebted unveils a standalone API to check AI-written debt collection messages in real time, flag vulnerability and create audit trails.

UiPath rolls out agentic AI for banks to automate sanctions checks and loan origination, citing faster decisions and tighter audit controls.

Appdome unveils Vault, a mobile app compliance history workspace with an AI agent to track, audit and reconstruct security controls.

Manchester Tech Week's flagship returns to probe how AI can boost cyber defence, resilience and experience without eroding trust or control.

Horizon3.ai doubles ARR as more than 5,200 organisations adopt its NodeZero platform, fuelled by MSSP demand and rising cyber risks.

Netacea has unveiled Trust Layer, a server-side tool to classify and control surging AI agent and bot traffic before it hits apps.

Travelex has begun trialling Nomad, a mobile foreign exchange store at Zurich Airport designed to track passenger flows and boost convenience.

Mobile money transactions topped USD $2 trillion in 2025 as global use surged, led by Sub-Saharan Africa but with growth across all regions.

Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.

SumUp adds Upvest-powered in-app investing in Germany, letting small firms put EUR €1 into fractional money market funds via its app.

RSA debuts ID Plus Sovereign Deployment, an identity platform for regulated sectors needing strict data residency and offline resilience.

UK consumers still favour banks over AI for financial advice, with over a third saying they do not trust artificial intelligence in banking.

Starling launches an in-app agentic AI assistant for personal accounts, claiming a UK first in conversational money management tools.

Open banking has swiftly evolved from a regulatory fix into core UK infrastructure, transforming payments, lending and everyday money management.

WorkFusion's AI agent Tara has been named AML Solution of the Year by FinTech Breakthrough for streamlining sanctions screening workloads.