Tag: Banking

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

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

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

Mercury, a FinTech company providing banking services to more than 300,000 business customers, has launched Mercury Books, a double-entry accounting product built directly into...

Nasdaq Verafin and Stablecore have entered a partnership designed to close the gap between fiat and digital asset financial crime monitoring. The tie-up channels digital...

Shield, a global communications risk management company purpose-built for financial institutions, has published new research showing that banks are ramping up spending on AI-driven...

Adoption was never going to be the hard part. Most banks have already brought AI into the building. The harder question, and the one...

Most banks, insurers, wealth managers and pension providers still run their operations across a patchwork of disconnected systems, with product governance, market data, financial...