Tag: FinTech 2025

FSSC to lead AI workforce report for UK finance

The UK government has announced that the Financial Services Skills Commission (FSSC) will lead a new initiative to assess the artificial intelligence (AI) and...

Firms face rising AI compliance risks, says Theta Lake

A new report by Theta Lake has uncovered widespread AI adoption across enterprises — yet significant gaps remain in compliance and governance capabilities. The company’s...

American Fintech Council defends open banking rights

The American Fintech Council has urged the CFPB to uphold fee prohibitions and preserve consumer access to financial data. The appeal comes as the...

66% prefer banks with AI fraud protection

A new report from Alloy has found that while Americans are increasingly alarmed by the growing sophistication of AI-driven scams, they are equally eager...

Mastercard leads Europe’s first cyber defence test

Mastercard has launched the first European edition of its multi-sector Cyber Defense Exercise (CDX), hosted at the company’s European Cyber Resilience Centre in Waterloo,...

FinScan boosts AML strategy with two senior appointments

FinScan, an Innovative Systems solution and a leading provider of advanced AML compliance technology, has announced two senior additions to its product strategy and...

FCA drives open finance growth with new TechSprints

The UK’s FCA has announced a major new partnership to accelerate the development and adoption of open finance, aiming to give individuals and businesses...

BoE warns AI hype could spark sharp market correction

Global financial markets could face a severe downturn if investor confidence in AI or the independence of the U.S. Federal Reserve weakens, according to...

70% of banks lose clients due to slow onboarding

A new study by Fenergo has revealed that 70% of financial institutions worldwide lost clients over the past year due to slow onboarding —...

Cybersecurity fears rise as consumers ashamed to report

New research from Mastercard has revealed that cybersecurity has become one of the most pressing concerns for consumers, with many believing it is harder...

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