TelcoNews UK - Telecommunications news for ICT decision-makers

Financial institutions stories - Page 3

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Unlimited & Themis unveil AI tool for bank complaints

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martech
Unlimited and Themis launch Complaints AI to help banks automate complaint analysis, spot emerging risks and meet tightening regulation.
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Mastercard to buy BVNK in USD $1.8 billion stablecoin push

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crypto
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fintech
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blockchain
Mastercard to acquire stablecoin platform BVNK in a deal worth up to USD $1.8 billion, deepening its push into on-chain payments.
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Wise secures full Thai licences for cross-border wallets

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crypto
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fintech
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blockchain
Wise wins full Thai licences to launch cross-border wallets and cards, challenging banks in a USD $9.46 billion remittance market.
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PureFacts, Innover unite to bring AI to revenue ops

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data analytics
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digital transformation
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cx
PureFacts and Innover Digital partner to embed AI and automation into revenue operations for asset and wealth managers in key global markets.
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Ramp buys Billhop to grow AI finance reach in Europe

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fintech
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ai
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payment technologies
US fintech Ramp is buying Stockholm-based Billhop to plug its AI finance platform into Billhop's European payments rails and licences.
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Cryptio raises USD $45m to scale digital asset ERP tools

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fintech
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blockchain
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financial systems
Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.
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Modern Treasury joins Mastercard crypto partner push

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crypto
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fintech
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blockchain
Modern Treasury joins Mastercard's Crypto Partner Program to power fiat-crypto on/off-ramps and cross-border blockchain payment flows.
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AI-fuelled crime drives illicit funds to $4.4 trillion

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fintech
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phishing
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email security
AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
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Forward Edge-AI unveils 12-month post-quantum roadmap

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data protection
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quantum computing
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fleet management
Forward Edge-AI unveils a seven-phase post-quantum crypto playbook, giving regulators and critical sectors a 12-month migration roadmap.
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Finastra adds real-time AI fraud checks to payments

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saas
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crypto
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fintech
Finastra is embedding FraudAverse's AI-driven fraud checks into its Financial Messaging platform to secure real-time global and instant payments.
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Creditinfo rolls out fraud & AML platform in Uganda

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data analytics
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Creditinfo launches fraud and AML platform in Uganda, targeting rising digital payment risks and bolstering banks' compliance tools.
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Conquer the KYB challenge: How smarter data quality fuels fintech integrators

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fintech
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risk & compliance
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api
Fintech integrators turn to Melissa's real-time, trusted data layer to sharpen KYB checks, slash onboarding friction and cut synthetic fraud.
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Mastercard unveils AI 'Virtual C-Suite' for small firms

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data analytics
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digital transformation
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fintech
Mastercard launches its Virtual C-Suite AI agents, starting with a Virtual CFO, to give small firms automated executive-style insights.
Why addresses alone won t solve cross border payment failures

The amber problem: Why addresses alone won't solve cross-border payment failures

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fintech
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risk & compliance
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payment technologies
Cross-border payments are failing despite accurate addresses, exposing a GBP £94 billion data and identity gap banks can no longer ignore.
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Flanks appoints Nawaz Mucadam to lead UK & MEA push

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saas
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digital transformation
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fintech
Wealth data specialist Flanks hires Nawaz Mucadam to spearhead UK, Ireland and Middle East expansion amid rising demand for robust data tools.
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Temenos gains Microsoft AI Cloud core banking status

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saas
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digital transformation
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hyperscale
Temenos wins Microsoft AI Cloud partner status for its Azure-native core banking SaaS, boosting co-sell options and bank modernisation plans.
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Fathom deepens AXA Climate tie-up for flood risk data

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supply chain
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risk & compliance
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ai
Fathom has deepened its partnership with AXA Climate's Altitude platform to embed richer probabilistic flood and terrain data for investors.
Uk command centre law enforcement fighting online financial fraud

UK fraud overhaul plans GBP £30m Online Crime Centre

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fintech
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phishing
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email security
UK unveils expanded fraud strategy, pledging GBP £250m and a GBP £30m Online Crime Centre to target fast-moving online and overseas scams.
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BIAN updates banking model with ISO 20022, AI focus

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digital transformation
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fintech
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genai
Bank standards body BIAN unveils Service Landscape 14.0, aligning with ISO 20022 and adding AI-focused domains for banks' modernisation push.
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Teciem names Didier Bouillard chair to steer growth

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fintech
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martech
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risk & compliance
Teciem appoints fintech veteran Didier Bouillard as independent chair, tasking him with steering governance and growth under private equity.