Banking stories - Page 14

1Kosmos has joined the Saviynt Exchange, embedding biometric identity proofing and passwordless login into Saviynt's cloud security platform.

Fintech and healthcare prepare to tame quantum-era unpredictability, as firms plan AI guardrails and quantum-safe security by 2026.

MITRE warns that cheap face-swap deepfakes can defeat banks' remote KYC checks, bypassing liveness tools to open fraudulent accounts.

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.

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.

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.

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.

SIOS Technology earned the AWS Resilience Software Competency, recognising its expertise in ensuring high availability and disaster recovery for cloud workloads.

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.

The future of finance hinges on interoperable payment systems that offer consumers seamless choice and reflect their everyday digital lives.

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.

US banks boost AI spending to combat rising check fraud, linked to USD $12.5 billion loss, ahead of the holiday season peak in fraudulent activities.

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.

Ebury launches a mobile app enabling SMEs to manage international payments and FX on the go, offering real-time rates for over 130 currencies.