4+ day, 1+ hour ago   (228+ words) Adoption was never going to be the hard part. Most banks have already brought AI into the building. The harder question, and the one still separating leaders from laggards, is how to turn that adoption into results that show up…...

3+ day, 23+ hour ago   (1590+ words) Financial crime is becoming faster, more connected and increasingly difficult to detect through isolated compliance checks. As financial institutions add more AML, KYC, fraud and sanctions tools, experts warn that fragmented customer risk data could itself become vulnerable. The individual…...

4+ day, 52+ min ago   (435+ words) Can Wallet Pay solve digital wallets’ interoperability gap? FinTech Global Mastercard, the global payments and technology company, has launched Mastercard Wallet Pay, a portfolio of solutions designed to help digital wallets scale and connect across contactless, QR code and online…...

4+ day, 15+ hour ago   (340+ words) Six degrees of separation, the idea popularised by Stanley Milgram’s 1967 experiment, holds that any two people are connected through a short chain of acquaintances. According to Leo RegTech, financial compliance officers are learning a similar lesson the hard way: client…...

5+ day, 1+ hour ago   (379+ words) Revolut has taken a major step towards establishing a banking presence in the US after securing conditional approval from the Office of the Comptroller of the Currency (OCC) for a national bank charter. The approval moves the global FinTech closer…...

5+ day, 3+ hour ago   (311+ words) Chime, the Nasdaq-listed US FinTech, is set to acquire Stride Bank, N.A., its long-standing banking partner, for $590m as it moves to bring its banking infrastructure directly under its ownership. The all-cash transaction will see Stride become a wholly owned subsidiary of…...

5+ day, 4+ hour ago   (197+ words) Mastercard, the global payments and technology company, and Backbase, the provider of an AI-native Banking Operating System, have partnered to help financial institutions move AI initiatives beyond experimentation and into production. The collaboration will give banks using Backbase’s platform access…...

5+ day, 22+ hour ago   (788+ words) AI is accelerating insurance pricing, but insurers still face a slower challenge: turning model outputs into decisions that can actually reach the market. An insurance pricing model can now be built and validated in hours. Turning its output into a…...

5+ day, 23+ hour ago   (164+ words) Static, rule-based fraud detection is becoming a liability for growing FinTechs, flagging legitimate customers as often as it catches genuine criminals. According to SmartSearch, rules built around fixed thresholds, such as transaction size or location, generate a flood of false…...

6+ day, 2+ hour ago   (320+ words) IT Smart Systems has entered a strategic partnership with Feedzai, an AI-native financial crime prevention specialist, to strengthen fraud protection across digital payment journeys. The tie-up sees ITSS add Feedzai’s RiskOps platform to its portfolio, bringing machine learning capabilities for…...