IT Brief US - Technology news for CIOs & IT decision-makers

Banking stories - Page 3

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Cloudhouse unveils drift audit to bolster bank resilience

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Cloudhouse launches Drift Detection Audit for banks, targeting hidden configuration changes blamed for outages and rising resilience risk.
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Revolut unveils unified merchant payments suite in Australia

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banking
Revolut launches a unified merchant payments suite in Australia, tying in‑person, online and A2A payments directly to its business accounts.
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SEON recognised for AI-led fraud detection leadership

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SEON wins Frost & Sullivan’s 2025 Global Enabling Technology Leadership Award for AI-driven fraud and AML platform innovation.
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Banks struggle to turn AI spending into real revenue gains

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Banks worldwide pour billions into AI, but Dyna.Ai warns only a small minority are turning pilots into tangible, scalable revenue gains.
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Oracle unveils AI agentic platform for retail banks

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Oracle launches an AI agent platform for retail banks, blending autonomous agents and human oversight to automate and personalise services.
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Oz Pearlman to headline AI-focused FICO World 2026

Last week
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banking
Mentalist Oz Pearlman will headline FICO World 2026 in Orlando, anchoring an AI-focused summit on customer behaviour and financial services.
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3DiVi urges banks to track real-world facial security

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banking
3DiVi urges banks to track real-world facial ID performance, warning that hope and lab tests are no substitute for live risk metrics.
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Cognizant, Uniphore team on sector-specific AI tools

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Cognizant and Uniphore ally to build small-model, sector-specific AI tools for tightly regulated fields, starting with life sciences and banking.
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Hybrid lending model key to Canada’s financial future

Last month
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Canada’s lending future is going hybrid as Money Mart doubles down on both mobile apps and 420-plus branches to widen access.
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Cognizant & Adobe deepen AI pact on content at scale

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Cognizant and Adobe are deepening their AI alliance to speed and govern large-scale content creation for heavily regulated global enterprises.
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Poor data drives FCA AML fines totalling GBP £430m

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banking
Poor-quality customer data has driven more than two-thirds of FCA AML fines since 2020, analysis finds, with penalties topping GBP £430m.
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BioCatch posts record ARR as banks battle rising fraud

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banking
BioCatch posts record ARR above $185 million as it adds 90 banks, blocks $4 billion in fraud and expands its global trust network.
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HSBC & Sage launch digital tax tool for sole traders

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banking
HSBC UK and Sage unveil in-app tax tool for sole traders and landlords as Making Tax Digital for Income Tax rules loom from April.
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NTT DATA & AWS target agentic AI in Asia-Pacific deal

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NTT DATA strikes multi-year AWS deal to drive agentic AI and cloud modernisation for heavily regulated Asia-Pacific enterprises.
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Smart Communications names Heidi Johnson AI leader

Last month
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banking
Smart Communications names Heidi Johnson chief product and technology officer as it sharpens AI governance for heavily regulated clients.
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Adeptia unveils tool to speed retirement enrolment data

Last month
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banking
Adeptia launches Automate for Retirement Benefits Enrolment to automate fragmented data intake and speed record-keeping enrolment flows.
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Hugging Face used to spread Android trojan TrustBastion

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banking
Cybercriminals abused Hugging Face to host rapidly mutating TrustBastion Android malware stealing credentials across Asia-Pacific.
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ThetaRay unveils Ray AI suite for AML investigations

Last month
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ThetaRay launches Ray AI suite to automate AML investigations, promising audit-ready case files and up to 70% less manual work.
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Evaro raises USD $25m to scale embedded UK healthcare

Last month
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banking
Evaro raises USD $25m to scale embedded “healthcare-as-a-service” in the UK, aiming to reach 10m patients and ease NHS primary care strain.
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Castles to supply Android payment terminals for Loomis Pay

Last month
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Castles Technology secures Loomis Pay deal to roll out Android payment terminals and tools across Sweden, Denmark, Norway and Spain.