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Revolut hits USD $115 billion valuation after fundraising
Fintech

Revolut hits USD $115 billion valuation after fundraising

The latest round gives the London-based fintech fresh backing as it pushes into new banking markets and reports rising profit and revenue.

By Karen Joy Bacudo • 4 min read • Last week
ASC X9 Financial PKI gains traction ahead of DTCC deadlines
Network Security

ASC X9 Financial PKI gains traction ahead of DTCC deadlines

More than 1,900 organisations are now deploying or testing the system as DTCC certificate rules force financial firms to move fast before year-end deadlines.

By Karen Joy Bacudo • 4 min read • Last week
First Digital: Agentic AI to reshape payment infrastructure
Crypto

First Digital: Agentic AI to reshape payment infrastructure

Businesses are being urged to build safeguards now as AI agents could soon be transacting more value than humans, First Digital says.

By David Shilovsky • 6 min read • Last week
Braid raises USD $38 million to expand embedded connectivity
Airlines

Braid raises USD $38 million to expand embedded connectivity

The cash will fund Braid's international expansion as it races to broaden carrier coverage and compete in a growing embedded connectivity market.

By Karen Joy Bacudo • 4 min read • Last week
Candescent adds Memcyco to its banking marketplace
Security Information and Event Management

Candescent adds Memcyco to its banking marketplace

Banks and credit unions gain earlier warnings on phishing and account takeover as Candescent adds Memcyco to its marketplace.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Raiffeisen slashes mainframe cyber recovery to two hours
Disaster Recovery

Raiffeisen slashes mainframe cyber recovery to two hours

Austrian bank IT services provider Raiffeisen Informatik said a total storage loss would now be recoverable in one to two hours, not seven days.

By Joseph Gabriel Lagonsin • 4 min read • 5 days ago
Most financial firms expect AI-led operations within years
Digital Transformation

Most financial firms expect AI-led operations within years

Only 22% can see what AI agents are doing, as most banks and insurers race towards AI-led operations and lose sight of productivity gains.

By Karen Joy Bacudo • 4 min read • 5 days ago

Stories from Other Regions

Banking stories

Budget puts fresh strain on SMEs, business groups say
Manufacturing

Budget puts fresh strain on SMEs, business groups say

Small firms could face higher borrowing costs and wage bills after the Budget, according to advisers who said ministers offered too little relief.

By Karen Joy Bacudo • 5 min read • Last week
Trading 212 taps Cardamon AI to speed compliance work
Fintech

Trading 212 taps Cardamon AI to speed compliance work

The rollout is already cutting the compliance team's time on regulatory monitoring and mapping across multiple jurisdictions for the fintech.

By Karen Joy Bacudo • 4 min read • 3 days ago
Bites raises USD $40 million to train deskless workers
Manufacturing

Bites raises USD $40 million to train deskless workers

The new money will fund US expansion and deepen its video-based platform for deskless staff, who often miss traditional corporate training.

By Karen Joy Bacudo • 5 min read • Last week
Connexus renews Alkami tie as digital lending grows
Fintech

Connexus renews Alkami tie as digital lending grows

Digital channels now drive more than two-fifths of loan funding at the credit union, underscoring how borrowers are shifting online.

By Karen Joy Bacudo • 4 min read • Last week
Wahda Bank picks Backbase for digital platform in Libya
Digital Transformation

Wahda Bank picks Backbase for digital platform in Libya

Libyan businesses and later retail customers will gain online banking as Wahda Bank starts rolling out a new platform in 2027.

By Karen Joy Bacudo • 3 min read • Last week
ALGA adds Chinese option to My O! app in Kyrgyzstan
Broadband

ALGA adds Chinese option to My O! app in Kyrgyzstan

Chinese-speaking users in Kyrgyzstan can now access telecoms, banking and shopping in My O! as ALGA responds to a changing customer base.

By Mara Sugue • 3 min read • Last week
HugoHub goes live in Pakistan with digital bank pilot
Fintech

HugoHub goes live in Pakistan with digital bank pilot

The pilot could help expand access to banking in a market where only slightly more than a quarter of adults had an account in 2024.

By Karen Joy Bacudo • 5 min read • Last week
AI agents surge on protected transactions, Arkose says
Artificial Intelligence

AI agents surge on protected transactions, Arkose says

Banks and retailers are increasingly seeing genuine AI agents on logins and checkouts, forcing firms to separate customer help from fraud.

By Joseph Gabriel Lagonsin • 4 min read • Last week
ZeroTier wins Money20/20 pitch with quantum-secure platform
Hybrid Cloud

ZeroTier wins Money20/20 pitch with quantum-secure platform

Banks face growing pressure to secure ageing systems against future quantum attacks, and ZeroTier's pitch drew strong interest from fintech investors.

By Karen Joy Bacudo • 3 min read • Last week
Mobile-First Banking: The Role of Identity Verification
Fintech

Mobile-First Banking: The Role of Identity Verification

Mobile verification can cut onboarding friction for banks while strengthening fraud checks and compliance as customers expect account opening in minutes.

By Bud Walker • 4 min read • Last week