Banking stories - Page 17

Hyland has been ranked a Leader in IDC's 2025-2026 MarketScape for intelligent document processing, citing its agentic automation strategy.

Autonomous 'agentic' AI fraud tools set to intensify cybercrime by 2026, forcing firms to fuse human judgment with smarter machine defences.

AI will unleash short-term chaos and “shadow AI” risks before governance tools restore control, warns OutSystems chief Woodson Martin.

Retail investors are tipped to rule UK wealth and fintech by 2026 as banks and digital challengers race to capture mass-market demand.

US banks tighten grip on AI patents in finance, with a small North American elite racing ahead as European rivals fall further behind.

F5 and NetApp are deepening their alliance to harden AI data pipelines with quantum-resistant encryption and higher S3 throughput.

Thirdfort adopts iProov biometrics to streamline UK property ID checks and combat AI-driven fraud in deals worth billions of GBP £1.6bn+.

AI-fuelled synthetic ID fraud is surging, set to cost firms USD $23 billion by 2025 and USD $58.3 billion by 2030 without stronger checks.

A global NTT DATA study finds AI leaders are 2.5 times likelier to see double-digit revenue growth and triple the profit margins of peers.

Group-IB has launched a Cyber Fraud Intelligence Platform to help UK banks tackle GBP £600m fraud by securely sharing real-time risk signals while ensuring data privacy.

US retailers face rising friendly fraud during Cyber Week as 77% of shoppers dispute charges via banks, threatening profits amid USD $43.7bn online spend.

UK banks face rising AI-driven fraud in 2026 as criminals exploit gaps in regulation, prompting calls for urgent cross-sector action to protect consumers.

TerraPay launches Xend, a global payments network linking wallets, banks and cards for seamless cross-border transactions with Swift integration.

Revolut's employee share sale values the fintech at $75 billion, with revenue up 72% to $4 billion and expansion into Mexico, Colombia, and India.

AI-led cloud migration cuts banking downtime by 45%, boosts transaction reliability and halves migration timelines, easing regulatory concerns.

Despite billions invested in AI, financial firms see slow adoption as solutions must prioritise trust, transparency, and augment human judgement over automation.

Zopa teams with Upvest to launch investment accounts with a GBP £1 minimum, aiming to make investing accessible to millions of UK savers.

Manchester's fintech sector, now worth over GBP £1 billion annually, hosts FinTech North's conference highlighting innovation, diversity, and growth in the region.

A survey of 1,500+ professionals reveals trust, compliance, and identity assurance as crucial for mainstream adoption of Web3 wallets and digital asset services.

BioCatch launches Connect 2.0, a platform using behavioural and device data to fight rising digital banking fraud and AI-driven financial crimes globally.