Banking stories

Peru’s largest microfinance lender Mibanco selects Temenos SaaS on Microsoft Azure to overhaul its core banking and speed digital services.

UK romance scam losses top GBP £106m as organised fraudsters exploit Valentine’s surge, with average victims losing more than GBP £11,000.

Aspire partners with early-stage investor Antler to capture global founders at inception, targeting a 2.3x jump in startup customers by 2026.

Ailanto partners with Cubbit to launch sovereign, canton-aware S3 cloud storage in Switzerland, targeting strict data residency needs.

Virtual Spotter makes US its biggest market as lean direct debit model cuts gym admin by 65 hours and AUD $1.4k a month per client.

Nium strengthens global payments push with new chiefs for risk, technology and marketing as AI, stablecoins and regulation reshape the sector.

Cloudera posts surging FY26 growth as enterprises embrace governed hybrid AI, fuelling expansion, fresh hires and multi-cloud innovation.

Financial firms reap strong AIOps returns but poor data quality and fragmented tools are stalling the leap from pilots to scaled AI.

FDATA names Sumsub policy lead Kat Cloud to its board, signalling a sharper focus on identity, fraud and security in North American open finance.

IDnow hires former Ukraine digital minister Liudmyla Rabchynska to steer EU identity wallet and eIDAS 2.0 regulatory strategy.

Ecommpay has been named in the CNBC/Statista Top 150 UK FinTechs, highlighting London’s enduring strength as a global payments hub.

Fime opens a Melbourne software security lab to certify rising SoftPOS payments under PCI MPoC, targeting booming NFC mobile acceptance growth.

Paysecure wins Best Payments Industry Newcomer at the 2026 Card and Payments Awards in London for its fast-growing orchestration platform.

Google Cloud and Entrust strike AI-based identity fraud pact as UK firms face rising injection attacks and losses of about GBP £1.8 billion.

NetAssist deploys Graylog Security, slashing threat detection from four hours to under 45 minutes while cutting SIEM and infra costs.

Banks are shifting from product sellers to trusted digital infrastructure, fusing AI, mobile, embedded finance, identity and digital currencies.

AI-driven agents and rising network attacks are reshaping cyber risks, experts warn, as Safer Internet Day 2026 urges ‘verified trust’ online.

Malaysia’s PayNet and Singapore’s NETS win mandate to build and run the Nexus cross-border instant payments hub, targeting go-live in 2027.

Singapore and Hong Kong emerge as global front-runners for AI-ready finance, with banks rapidly scaling AI, cloud and security investments.

Deel launches The Pitch, a global contest offering up to USD $15m in SAFE funding to seed start-ups, with APAC entries closing 21 April.