Banking stories
Millions of Revolut customers will get OpenAI's ChatGPT Go free for up to a year, as the fintech bundles AI into its paid plans.
The hire bolsters Constant AI's push to explain its regulated transaction software as it expands beyond customer chat into credit union operations.
Rapid digital adoption and tighter regulatory frameworks are turning the region into a proving ground for new financial services models.
LGBT+ households facing mortgage and retirement hurdles will gain regulated advice through a new venture aimed at closing a long-standing gap.
Rising smartphone fraud is pushing banks, insurers and telecoms to add scam protection without building it in-house.
Lenders can now track borrowers' changing debt loads after origination, as the tool flags refinancing and risk signals without reauthentication.
New transparency rules will force customer-facing AI tools to disclose themselves, while banks and SMBs face tougher oversight of models and data.
The financial authentication firm is shifting to a new executive structure as it expands internationally and tackles rising fraud and scam activity.
The cloud migration is designed to replace ageing core systems and give Investec faster data access across four key markets.
Chequing and spending products helped lift assets under administration to CAD $155.6 billion, with client numbers reaching 3.6 million.
The move gives Canada's prepaid lobby broader fintech and banking expertise as prepaid rails become central to digital financial services.
Clients in regulated sectors may be able to test sensitive workloads in Canada, easing data-sovereignty worries as quantum use matures.
Banks and credit unions using Alkami will get built-in Plaid connectivity, cutting implementation work and helping reduce fraud risk.
Canadians getting money from abroad should see fewer deductions and faster arrivals as the new scheme is rolled out on selected routes.
Selected customers can now secure vehicle finance in the app, with approval in a minute and delivery within 24 hours.
Millions of customers will gain quicker access to payments, card controls and accessibility features as the lender pushes more banking into mobile.
Execution and escalation breakdowns now outnumber hallucinations in enterprise AI failures, according to more than 10,000 observed incidents.
The move could cut complexity for fintech firms by bundling regulated banking access with payments software in one provider.
Banking and insurance teams could spot digital failures sooner as new tools feed governed customer-journey evidence into enterprise AI systems.
In a seven-month test, the specialist model answered more banking queries than GPT-4.1 while refusing uncertain prompts less often than expected.