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Financial institutions stories

Building beneath the app layer: What Upvest shows about the next phase of European fintech
Software-as-a-Service

Building beneath the app layer: What Upvest shows about the next phase of European fintech

European banks are racing to modernise investment services, and the real battle is shifting to the infrastructure layer that keeps them compliant.

By Tim Graczewski • 4 min read • 2 days ago
Temenos wins US regional bank for cloud core upgrade
Software-as-a-Service

Temenos wins US regional bank for cloud core upgrade

The deal gives the lender a cloud-based core banking platform on Microsoft Azure, aimed at easing operations and supporting growth.

By Karen Joy Bacudo • 3 min read • 3 days ago
Financial services faces most cyberattacks per device
Malware

Financial services faces most cyberattacks per device

Legacy systems and slow patching are leaving banks exposed, with financial services hit by more than double the average cyberattacks per device.

By Sean Mitchell • 4 min read • 3 days ago
Elliptic adds Circle affiliate to design partner scheme
Crypto

Elliptic adds Circle affiliate to design partner scheme

Circle's backing gives Elliptic production feedback to refine compliance tools for AI-driven finance as stablecoin activity grows more complex.

By Karen Joy Bacudo • 4 min read • Last week
EDX Markets raises GBP £76m in SBI-led funding round
Crypto

EDX Markets raises GBP £76m in SBI-led funding round

The new capital will expand trading, clearing and settlement services as the digital asset venue targets more institutional clients worldwide.

By Karen Joy Bacudo • 4 min read • Last week
Eltropy opens AI agent marketplace for fintech partners
Software-as-a-Service

Eltropy opens AI agent marketplace for fintech partners

Community banks and credit unions could get faster access to specialist AI tools as Eltropy opens its platform to vetted fintech builders.

By Karen Joy Bacudo • 4 min read • Last week
SBS launches AI foundation for banks on existing systems
Software-as-a-Service

SBS launches AI foundation for banks on existing systems

The rollout could help more than 1,500 institutions use generative AI on trusted in-house data without disrupting core banking operations.

By Karen Joy Bacudo • 3 min read • Last week
Elastic finds AI-assisted banking fraud ring in Mexico
Crypto

Elastic finds AI-assisted banking fraud ring in Mexico

A live fraud campaign targeting Mexican banks, fintechs and crypto services exposed how criminals are using generative AI to draft malware.

By Mark Tarre • 4 min read • Last week

Stories from Other Regions

Financial institutions stories

Velocity raises USD $38 million in Series A funding
Crypto

Velocity raises USD $38 million in Series A funding

The London-based startup will use the new capital to expand banking and payments links as firms test stablecoins for faster settlement.

By Karen Joy Bacudo • 4 min read • Yesterday
Canadians know credit scores but struggle to improve
Fintech

Canadians know credit scores but struggle to improve

Many Canadians are delaying home purchases and other major decisions as awareness of credit scores fails to translate into action.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday
Adyen Canada joins Payments Canada in membership boost
Fintech

Adyen Canada joins Payments Canada in membership boost

The move gives the Dutch fintech a direct voice in shaping Canada's payments rules as membership rules widen beyond banks.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday
BoE to oversee AWS, Google Cloud, Microsoft & Oracle
Hyperscale

BoE to oversee AWS, Google Cloud, Microsoft & Oracle

Banks and insurers face tighter resilience checks as four cloud providers come under joint UK supervision for the first time.

By Karen Joy Bacudo • 4 min read • 3 days ago
Lorum appoints Hartwig Gerhartinger as legal chief
Fintech

Lorum appoints Hartwig Gerhartinger as legal chief

The hire comes as the financial infrastructure group reports 15x growth and pursues a US trust bank charter to strengthen oversight.

By Sofiah Nichole Salivio • 3 min read • Last week
Atlantic FCU cuts loan opening to six minutes with MANTL
Digital Transformation

Atlantic FCU cuts loan opening to six minutes with MANTL

Borrowers at the New Jersey credit union can now open consumer loans in six minutes, after automation removed days of manual paperwork.

By Karen Joy Bacudo • 4 min read • Last week
IPC & Luware team up on cloud compliance recording
Software-as-a-Service

IPC & Luware team up on cloud compliance recording

Banks and brokers gain a single cloud compliance layer as IPC adds Luware Recording across trading and collaboration channels.

By Sean Mitchell • 3 min read • Last week
Visa says USD $36 trillion inheritance will shape spending
Fintech

Visa says USD $36 trillion inheritance will shape spending

Most of the USD $36 trillion wealth transfer will be saved or invested, with only a modest lift to US consumer demand.

By Karen Joy Bacudo • 4 min read • Last week
Lorum appoints Hartwig Gerhartinger as legal chief
Fintech

Lorum appoints Hartwig Gerhartinger as legal chief

The hire underscores Lorum's push to win clients that need stronger regulatory assurance as it seeks a US trust bank charter.

By Sofiah Nichole Salivio • 4 min read • Last week
Association of Financial Mutuals urges growth reforms
Law Commission

Association of Financial Mutuals urges growth reforms

Regulatory reform could help mutual lenders and insurers close gaps in protection, healthcare and savings for households outside mainstream finance.

By Sofiah Nichole Salivio • 4 min read • Last week