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Financial institutions Stories

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Financial institutions stories

Innovation City launches on-chain business identities
Smart Cities

Innovation City launches on-chain business identities

Banks and regulators can now verify Ras Al Khaimah free zone companies in seconds, as paper licences are replaced on-chain.

By Sofiah Nichole Salivio • 4 min read • Last week

Global Stories

Financial institutions stories

Finance firms face rising audit pressure over databases
Data Protection

Finance firms face rising audit pressure over databases

Audit demands are exposing gaps in governance as finance firms juggle hybrid databases, multiple platforms and growing AI use.

By Sean Mitchell • 3 min read • 3 days ago
Backbase & Atos team up on AI-led banking modernisation
Data Protection

Backbase & Atos team up on AI-led banking modernisation

Banks in tightly regulated markets will get help modernising systems without surrendering data control, compliance or operational resilience.

By Sean Mitchell • 3 min read • 3 days ago
Emburse launches AI agent to prepare expense reports
Digital Transformation

Emburse launches AI agent to prepare expense reports

Employees could soon spend far less time on claims, as the new system cuts expense report preparation from 30 minutes to under five.

By Sofiah Nichole Salivio • 4 min read • 4 days ago
JAGGAER launches AI assistant for procurement teams
Data Analytics

JAGGAER launches AI assistant for procurement teams

Support tickets could fall as JAGGAER embeds a multilingual AI assistant into procurement workflows to answer policy and supplier questions.

By Sofiah Nichole Salivio • 4 min read • 6 days ago
Dun & Bradstreet partners Anthropic on compliance AI
Digital Transformation

Dun & Bradstreet partners Anthropic on compliance AI

The deal could speed up onboarding for banks and other regulated firms by automating identity checks while keeping an audit trail inside Claude.

By Mark Tarre • 4 min read • 6 days ago
ParaScript & ABBYY team up on document intelligence
Digital Transformation

ParaScript & ABBYY team up on document intelligence

Users of ABBYY systems will be able to add handwriting recognition and fraud checks without replacing existing document workflows.

By Sean Mitchell • 4 min read • Last week
The 70% problem: Why checkout is still where eCommerce goes to die
Digital Transformation

The 70% problem: Why checkout is still where eCommerce goes to die

Merchants could win back lost sales as tokenised checkout trims friction, reduces card-not-present fraud and keeps payment data in bank rails.

By Suzana Kordumova • 3 min read • Last week
FinScan adds stablecoin screening to Payments platform
Crypto

FinScan adds stablecoin screening to Payments platform

Compliance teams can now screen stablecoin and wallet transfers alongside traditional payments, reducing the need for separate tools as use grows.

By Karen Joy Bacudo • 3 min read • Last week
Temenos expands AWS SaaS to digital banking & payments
Disaster Recovery

Temenos expands AWS SaaS to digital banking & payments

Banks can now deploy more of their systems through one AWS-based stack as Temenos adds digital banking and payments to its cloud service.

By Karen Joy Bacudo • 3 min read • Last week
Data quality powers KYB: Mitigating risk and fighting fraud in real-time
Fintech

Data quality powers KYB: Mitigating risk and fighting fraud in real-time

Real-time business checks can now flag fraud, sanctions risks and beneficial owners before financial institutions onboard risky clients.

By Bud Walker • 5 min read • Last week

Stories from Other Regions

Financial institutions stories

Questrade goes live with Temenos software for Questbank
Software-as-a-Service

Questrade goes live with Temenos software for Questbank

The rollout gives Questbank the core banking system it needs to begin offering deposits and mortgages to Canadian customers under OSFI rules.

By Mark Tarre • 3 min read • Yesterday
TP AI debt recovery matches human satisfaction in Asia
Digital Transformation

TP AI debt recovery matches human satisfaction in Asia

Banks in Asia are turning to AI collections tools as rising loan stress puts pressure on recovery rates and customer trust.

By Sofiah Nichole Salivio • 3 min read • 6 days ago
Alkami report shows digital banking gaps at US banks
Data Analytics

Alkami report shows digital banking gaps at US banks

High abandonment rates and thin business tools are blunting banks’ digital gains even as customer adoption of online services rises.

By Karen Joy Bacudo • 4 min read • Last week
Visa, Wealthsimple pilot stablecoin settlement in Canada
Crypto

Visa, Wealthsimple pilot stablecoin settlement in Canada

The pilot could let Wealthsimple settle obligations seven days a week, a test of whether blockchain rails can modernise Canadian payments infrastructure.

By Karen Joy Bacudo • 4 min read • Last week
Deloitte Taiwan & Zodia Custody strike digital pact
Fintech

Deloitte Taiwan & Zodia Custody strike digital pact

Taiwan’s banks and fund managers are getting new digital asset infrastructure as stricter rules push firms to prioritise compliance and custody.

By Karen Joy Bacudo • 3 min read • Last week
FIS & Anthropic launch AI agent for bank crime probes
Fintech

FIS & Anthropic launch AI agent for bank crime probes

Banks could cut anti-money laundering case reviews from hours to minutes, as the new system keeps data and audit trails inside FIS's controlled environment.

By Karen Joy Bacudo • 4 min read • Last week