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Gresham launches AI tool to speed reconciliation controls
Risk & Compliance

Gresham launches AI tool to speed reconciliation controls

Financial firms could cut delays in reconciliation changes as business users build controls without coding and test them before they go live.

By Karen Joy Bacudo • 3 min read • Yesterday
Model ML appoints Alex Kayyal as Chief Financial Officer
Artificial Intelligence

Model ML appoints Alex Kayyal as Chief Financial Officer

The hire adds finance expertise as the software group scales rapidly, with annual recurring revenue doubling in the second quarter of 2026.

By Karen Joy Bacudo • 4 min read • Yesterday
EMEA fraud attempts rise as AI scams grow more complex
Fintech

EMEA fraud attempts rise as AI scams grow more complex

More than a third of financial firms in Europe, the Middle East and Africa reported fraud attempts rising by over 25% in two years.

By Sofiah Nichole Salivio • 4 min read • 2 days ago
Visa study finds Asia-Pacific stablecoin interest rising
Crypto

Visa study finds Asia-Pacific stablecoin interest rising

Stablecoins are edging towards mainstream payments in Asia Pacific, with 46% of consumers saying they may use them within five years, Visa found.

By Karen Joy Bacudo • 3 min read • 2 days ago
Walapay raises USD $4.6 million seed funding round
Crypto

Walapay raises USD $4.6 million seed funding round

The fresh capital will fund licensing, banking ties and hiring as the payments platform expands direct links across Latin America, Africa and Asia.

By Karen Joy Bacudo • 4 min read • Last week
Citi launches instant cross-border payments on Swift
Fintech

Citi launches instant cross-border payments on Swift

The service gives banks single-account access to instant cross-border transfers in four currencies, reducing the need for local banking ties and infrastructure.

By Karen Joy Bacudo • 3 min read • Last week
ProSight survey says fraud is now a human problem too
Fintech

ProSight survey says fraud is now a human problem too

Most losses now stem from weak customer and employee awareness, even as banks pour more money into technology and still struggle to keep pace.

By Karen Joy Bacudo • 4 min read • Last week
Chainlink launches Fulcrum to link banks to onchain finance
Blockchain

Chainlink launches Fulcrum to link banks to onchain finance

Banks and funds could move collateral across blockchains without rebuilding systems, as the new platform targets fragmented tokenised finance markets.

By Karen Joy Bacudo • 4 min read • Last week
Teciem names new chief technology & customer officers
Software-as-a-Service

Teciem names new chief technology & customer officers

Banks seeking faster system upgrades may benefit as Teciem adds two senior executives to steer technology and customer delivery.

By Sofiah Nichole Salivio • 4 min read • Last week
Plumery launches rescue plan for digital banking exits
Digital Transformation

Plumery launches rescue plan for digital banking exits

Banks facing expensive digital platform exits will get migration support from Plumery, which is waiving licence fees for up to 24 months.

By Karen Joy Bacudo • 4 min read • Last week
Mambu & Mastercard team up on cross-border payments
Software-as-a-Service

Mambu & Mastercard team up on cross-border payments

Banks could add faster, more transparent overseas transfers to digital apps without costly from-scratch integrations under the tie-up.

By Karen Joy Bacudo • 4 min read • Last week
SAS wins 12 Chartis RiskTech100 awards in 2027 rankings
Fintech

SAS wins 12 Chartis RiskTech100 awards in 2027 rankings

Banks and insurers are leaning on integrated risk tools as SAS extends its Top 10 run to 22 years and ranks third overall.

By Mara Sugue • 4 min read • Last week
Shield launches MCP Server for compliance AI access
Data Protection

Shield launches MCP Server for compliance AI access

Compliance teams at regulated banks can now query live surveillance alerts inside Claude, while Shield keeps permissions and records unchanged.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Stories from Other Regions

Financial institutions stories

Lloyds survey says tokenisation will reshape finance
Fintech

Lloyds survey says tokenisation will reshape finance

A Lloyds poll of 100 senior UK financial leaders found 71% expect tokenisation to transform services, with faster settlement seen as the main gain.

By Karen Joy Bacudo • 4 min read • 2 days ago
Finastra launches AI repair tool for payment banks
Software-as-a-Service

Finastra launches AI repair tool for payment banks

Banks handling failed payments could cut repair times as Finastra adds scheme-aware AI guidance to its OperatorAssist platform.

By Karen Joy Bacudo • 3 min read • Last week
FedNow cross-border move raises banks' operational strain
Fintech

FedNow cross-border move raises banks' operational strain

Banks face tighter screening and repair windows as the FedNow change speeds only the US leg of international payments.

By Karen Joy Bacudo • 4 min read • Last week
Volante & Circle add USDC to bank payment workflows
Crypto

Volante & Circle add USDC to bank payment workflows

Banks will be able to test dollar-pegged stablecoin settlement inside existing payment systems, reducing the need for separate digital asset infrastructure.

By Karen Joy Bacudo • 4 min read • Last week
Digital Assets Summit 2026 to spotlight tokenised finance
Crypto

Digital Assets Summit 2026 to spotlight tokenised finance

Asia's growing share of stablecoin payments is pushing banks and regulators to focus on governance, liquidity and cross-border rules.

By Sofiah Nichole Salivio • 4 min read • Last week