Banking stories
Eligible bitcoin holders in Canada can now access up to CAD $50,000 without selling coins, though collateral calls may follow price swings.
The funding will help the Mumbai-based lender software maker push AI across collections and lending workflows for banks and NBFCs.
The hire underscores rising pressure on IT services firms to turn AI pilots into measurable client gains as Sonata deepens its push into enterprise use.
Customers in the US and Canada can now pay Flywire clients directly from bank accounts, with real-time checks aimed at reducing failed transfers.
Banks risk losing customer control as instant payments force fraud, identity and authorisation into one real-time trust system.
The fresh capital will help Yuno widen its payments network, add products and edge closer to profitability as it scales worldwide.
Backlogs, false positives and rising fines are pushing APAC compliance teams towards AI, but most firms still lack the skills to govern it safely.
The subscription aims to woo Singapore's affluent customers with travel perks, investment discounts and bundled services worth more than S$10,000 a year.
Singapore customers shut out of premium banking may now buy access, as a S$899 annual membership bundles travel, investment and lifestyle perks.
A new survey suggests customer frustration is nudging more New Zealand shoppers towards AI tools, even as brands struggle to rebuild trust.
Affluent Uruguayan investors can now access global markets through a single app, as IOL Privé combines advice, planning and trading.
AI-made fake payslips and deepfakes are exposing lenders that still rely on fragmented mortgage checks, experts warn.
Members will soon get payments, transfers and budgeting tools in one app as Strata Credit Union upgrades its digital banking service.
The bank can now tailor card offers and merchant-funded rewards for 70 million US cardmembers as it builds out its commerce media push.
Small businesses can now use Square Credit Card to cover vendor bills, with 3% cash back on Bill Pay transactions and broader access.
SMEs with overseas suppliers or customers can now earn interest on dollar and euro cash without juggling separate bank relationships.
The tie-up could cut onboarding delays and duplicate checks for banks by linking customer due diligence with AML monitoring in one workflow.
Merchants could cut payment processing costs by an average of 60% as Sionic pushes bank-to-bank checkout across Microsoft's cloud tools.
Lenders can now spot synthetic fraud earlier, with combined identity and cashflow checks available in milliseconds before bank authentication.
A small group of UK SMEs are reporting far bigger productivity gains from AI, with front-runners saving more than 280 hours a year per employee.