Tag: Banking

Banks race back to nCino as AI credits run dry

nCino, the US-based banking software provider, has revealed that financial institutions adopting its agentic AI tools are already exhausting their initial bundles of Intelligence...

CIB-backed yomo clears first hurdle for digital bank launch

Commercial International Bank (CIB) has secured preliminary approval from the Central Bank of Egypt to launch yomo, a digital banking platform targeting consumers and...

Banks move to secure digital assets against future quantum threats

Responsible Fintech Institute (RFI) and Safeheron have launched a cross-regional pilot to test post-quantum cryptography for digital asset transactions, bringing banks and regulators together...

Embedded finance enters its next phase of growth

Embedded finance has spent the past decade bringing financial services closer to the customer. Its next phase could be about making those services intelligent...

Why bank-grade AI is compliance’s new competitive edge

Consumer banks such as Revolut and Trade Republic have reset expectations across financial services, making banking so seamless that traditional institutions have struggled to...

Mercury targets stronger startup cash returns

Mercury, a technology company providing banking services to startups and scaling businesses, has introduced two exclusive treasury products with Morgan Stanley Investment Management and...

Static KYC is failing FinTech’s fight against financial crime

Customer risk does not wait for a calendar. Between one scheduled KYC review and the next, a director can be replaced, a beneficial owner...

AI agents move from pilot to workforce in bank compliance

Banks could unlock productivity gains of up to 20 times by deploying a workforce of AI agents, according to McKinsey.   The consultancy's estimate rests...

Bretton AI lands multi-year MVB Bank compliance deal

MVB Bank, a West Virginia-based subsidiary of Nasdaq-listed MVB Financial Corp., has agreed a multi-year partnership with Bretton AI to use AI-powered operations for...

Revolut secures French bank licence in Europe expansion

Revolut, the global FinTech serving more than 75 million customers, has secured a full banking licence for its French entity as it prepares to...

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