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Banking Stories - Page 7

Canadian Stories

Banking stories

Equifax Canada warns of 31% rise in first-party fraud
Fintech

Equifax Canada warns of 31% rise in first-party fraud

More applicants are overstating income or other details, with credit card cases nearly doubling and Ontario seeing up to CAD $123 million in losses.

By Karen Joy Bacudo • 4 min read • Last month
Kijiji adds Interac identity checks to boost trust
Data Protection

Kijiji adds Interac identity checks to boost trust

Fraud fears in Canada’s online classifieds may ease as buyers and sellers on Kijiji can now verify their identities before trading.

By Sofiah Nichole Salivio • 3 min read • Last month

Global Stories

Banking stories

spektr raises USD $20 million to expand AI compliance
Digital Transformation

spektr raises USD $20 million to expand AI compliance

The new capital will help spektr cut manual compliance checks for banks and fintechs as it pushes its AI platform into more markets.

By Karen Joy Bacudo • 3 min read • Last month
Appdome launches backend risk APIs for mobile fraud
Software-as-a-Service

Appdome launches backend risk APIs for mobile fraud

Fraud teams can now tap verified mobile threat data in backend systems, as Appdome extends IDAnchor with server-to-server risk intelligence.

By Joseph Gabriel Lagonsin • 5 min read • Last month
Visa launches Tempo validator node in blockchain push
Firewalls

Visa launches Tempo validator node in blockchain push

The move gives the payments group a direct role in securing early transactions on a network built for real-time and machine-to-machine payments.

By Karen Joy Bacudo • 3 min read • Last month
Backbase, Ninth Wave unlock ERP banking connections
Disaster Recovery

Backbase, Ninth Wave unlock ERP banking connections

Banks could cut manual treasury work for business clients as the new link feeds ERP and accounting data straight into banking systems.

By Karen Joy Bacudo • 4 min read • Last month
Scotiabank launches Scotia Intelligence for bank-wide AI
Unified Communications

Scotiabank launches Scotia Intelligence for bank-wide AI

The bank says the new framework is already routing 90 per cent of commercial emails and cutting manual work by 70 per cent.

By Karen Joy Bacudo • 4 min read • Last month
Zurich names Shukla to lead digital push in Asia Pacific
Software-as-a-Service

Zurich names Shukla to lead digital push in Asia Pacific

The insurer’s Asia Pacific digital and embedded insurance arm already spans more than 100 partners, including Cathay Pacific and Trip.com.

By Karen Joy Bacudo • 4 min read • Last month
BMO deepens quantum ties with Canadian & US groups
Data Protection

BMO deepens quantum ties with Canadian & US groups

The bank is positioning itself for long-term risks and opportunities in quantum, from encryption to fraud detection, through new North American partnerships.

By Joseph Gabriel Lagonsin • 5 min read • Last month

Stories from Other Regions

Banking stories

Alkami launches Engage to boost digital banking adoption
Digital Transformation

Alkami launches Engage to boost digital banking adoption

Banks and credit unions can now track where customers drop out in online banking journeys, helping lift adoption and self-service.

By Catherine Knowles • 4 min read • Last month
Sitehop launches SAFEcore Edge for remote network security
Firewalls

Sitehop launches SAFEcore Edge for remote network security

Quantum fears are driving demand for hardware encryption at hard-to-secure remote sites, as Sitehop targets infrastructure, banks and government.

By Sean Mitchell • 3 min read • Last month
UK bank scam attempts rise 62% as fraudsters shift tactics
Biometrics

UK bank scam attempts rise 62% as fraudsters shift tactics

Customers are increasingly being tricked into approving payments, as UK banks reported a 62% rise in attempted social engineering scams in 2025.

By Sean Mitchell • 4 min read • Last month
SoFi joins first banks to offer FedNow send & receive
Fintech

SoFi joins first banks to offer FedNow send & receive

Customers can now move money in seconds at any time, as SoFi becomes one of the first banks to support both FedNow sending and receiving.

By Karen Joy Bacudo • 4 min read • Last month
Primitive launches AI agent system for banks & credit unions
Software-as-a-Service

Primitive launches AI agent system for banks & credit unions

Banks and credit unions under pressure to adopt AI can now deploy governed agents in production, with MX partnership support and seed backing.

By Karen Joy Bacudo • 5 min read • Last month
Two thirds of UK adults worry about finances ahead
Grants

Two thirds of UK adults worry about finances ahead

Household budgets remain under strain as many cut essentials, dip into savings and miss payments, with £23 billion in support unclaimed yearly.

By Sofiah Nichole Salivio • 4 min read • Last month
WealthAi names Pratim Das as Chief Technology Officer
Customer Relationship Management

WealthAi names Pratim Das as Chief Technology Officer

The London start-up is adding senior AI expertise as wealth managers seek secure tools that fit regulated workflows without replacing core systems.

By Sofiah Nichole Salivio • 4 min read • Last month
Ataccama adds AI Act audit evidence tools for banks
DevOps

Ataccama adds AI Act audit evidence tools for banks

Banks face tighter proof demands under the EU AI Act as Ataccama adds pipeline checks to log data quality at the point of use.

By Karen Joy Bacudo • 5 min read • Last month