Tag: Banking

Feedzai’s Farol agent takes aim at rising fraud costs

Feedzai, a provider of AI-native financial crime prevention technology, has introduced Farol, an embedded AI agent designed to cut the time banks spend on...

Banks face $230bn payments hit as stablecoins scale

Capgemini has warned that banks could have up to $230bn in payments revenue at risk as stablecoins, tokenised deposits and central bank digital currencies...

AI in banking: data and skills gaps threaten returns

Banks are accelerating AI adoption, but weak data foundations and limited workforce reskilling could prevent financial institutions from turning widespread deployment into meaningful returns. According...

Santander teams up with Sibstar to support vulnerable users

Santander UK, the British arm of the global banking group, has joined forces with Sibstar, a FinTech offering a debit card and app for...

Culture, not code, is sinking financial crime compliance

Financial institutions keep spending heavily on compliance technology, yet the most damaging control failures continue to trace back to something no software can fix. According...

AI fatigue is reshaping how banks choose RegTech providers

Financial institutions have poured significant sums into technology meant to simplify complex operations. Sometimes it delivers. Often, however, the real difficulties only surface once...

AI can spot scams early, but humans must still decide

A payment can pass every check and still be the product of manipulation. The account name matches, the customer insists they know the recipient,...

Corlytics puts a dollar figure on non-financial risk

Every major risk pillar in banking has its own metric except one. Credit risk relies on probability of default (PD) and loss given default...

Banks want AI surveillance but lack the data to run it

Banks are racing to adopt AI-driven surveillance, but new research shows almost none of them have the underlying data to make it work. According to...

Revolut targets Swiss banking licence with CHF150m investment

Revolut, the global financial services company serving more than 80 million customers, has applied for a banking licence from Switzerland's Financial Market Supervisory Authority...

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