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Backbase buys Kasisto to bolster banking AI platform
Software-as-a-Service

Backbase buys Kasisto to bolster banking AI platform

Banks could gain a single AI system for customer requests, as Backbase folds Kasisto's tools into its software and boosts its US reach.

By Karen Joy Bacudo • 3 min read • 3 days ago
Flagright raises USD $12.5m to expand AI compliance
Software-as-a-Service

Flagright raises USD $12.5m to expand AI compliance

The funding will help the London-based firm expand in the US as banks face rising fraud and money laundering risks, and heavier scrutiny.

By Sean Mitchell • 4 min read • 5 days ago
The Vault adds private stablecoin transfers with Hinkal
Risk & Compliance

The Vault adds private stablecoin transfers with Hinkal

Institutional stablecoin users can now hide transfer amounts from public blockchains while retaining auditor and regulator access through viewing keys.

By Karen Joy Bacudo • 3 min read • 5 days ago
Shield adds Copilot & image text surveillance tools
Generative AI

Shield adds Copilot & image text surveillance tools

Compliance teams can now monitor Microsoft 365 Copilot chats and text inside images, closing two recordkeeping gaps for banks.

By Sean Mitchell • 4 min read • Last week
Illegal streaming users in Asia-Pacific face cybercrime
Malware

Illegal streaming users in Asia-Pacific face cybercrime

Nearly half of illicit streaming apps tested in Asia-Pacific contained malware, heightening risks of fraud, identity theft and device compromise.

By Sofiah Nichole Salivio • 4 min read • Last week
As agentic development accelerates, workflow auditability becomes a bottleneck
DevOps

As agentic development accelerates, workflow auditability becomes a bottleneck

Regulators may soon demand proof of who did what as AI agents start opening merge requests in heavily audited development pipelines.

By Brian Wald • 6 min read • Last week
ACI joins EPI to expand Wero payments across Europe
Fintech

ACI joins EPI to expand Wero payments across Europe

Merchants and payment providers across Europe will soon be able to offer the Wero wallet, as ACI adds it to its orchestration platform.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Financial institutions stories

Landmark's Alkami partnership lifts business banking
Digital Transformation

Landmark's Alkami partnership lifts business banking

Landmark Credit Union has turned a digital overhaul into growth, lifting business profiles above 7,800 and adding USD $150,000 in fee income.

By Karen Joy Bacudo • 4 min read • Yesterday
Vertali appoints James Loftus as Technical Delivery Manager
Data Protection

Vertali appoints James Loftus as Technical Delivery Manager

Growing demand for secure mainframe support has prompted Vertali to strengthen its leadership team with a veteran security specialist.

By Mark Tarre • 3 min read • 3 days ago
BKN301 launches AI-native bank orchestrator for banks
Data Protection

BKN301 launches AI-native bank orchestrator for banks

Banks face mounting pressure to keep AI, customer data and audit trails inside their own systems as regulatory scrutiny tightens.

By Karen Joy Bacudo • 4 min read • 3 days ago
Libeara raises USD $14 million for tokenisation push
Fintech

Libeara raises USD $14 million for tokenisation push

Funding will help Libeara expand regulated digital asset infrastructure into more markets as banks and asset managers weigh tokenised products.

By Karen Joy Bacudo • 4 min read • 3 days ago
Malaysia financial firms lag in AI scaling, report finds
Digital Transformation

Malaysia financial firms lag in AI scaling, report finds

Despite widespread pilots, only 17% of Malaysian financial institutions have scaled strategic AI initiatives, a new report says.

By Karen Joy Bacudo • 4 min read • 4 days ago
Deluxe to buy Celero Commerce for USD $625 million
Data Analytics

Deluxe to buy Celero Commerce for USD $625 million

The tie-up will lift Deluxe's payments and data share of revenue to 57% of 2026 sales and make it one of the 10 biggest non-bank acquirers.

By Karen Joy Bacudo • 4 min read • 5 days ago
Willis report says cyber cover meets most breach losses
Ransomware

Willis report says cyber cover meets most breach losses

Ransomware losses and third-party risks are testing policy limits as Willis data show most breach costs are still covered.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Dupaco boosts digital onboarding with MANTL platform
Software-as-a-Service

Dupaco boosts digital onboarding with MANTL platform

New digital onboarding has helped the credit union add USD $138 million in deposits and save more than 4,194 staff hours.

By Karen Joy Bacudo • 3 min read • Last week
InfoTrack & Legora link AI workflows with legal data
Software-as-a-Service

InfoTrack & Legora link AI workflows with legal data

Law firms could cut friction in transactions as verified property, company and identity data feed directly into Legora's AI workflows.

By Sofiah Nichole Salivio • 3 min read • Last week
Canadians trust AI for banking, but not big money moves
Data Protection

Canadians trust AI for banking, but not big money moves

Canadians are warming to AI for day-to-day banking, but most still want human advice when the stakes rise on major financial decisions.

By Sofiah Nichole Salivio • 4 min read • Last week
Fraud has industrialised and banking defences must do the same
Fintech

Fraud has industrialised and banking defences must do the same

Banks must shift to real-time, networked defences as organised scams now move money through customer-authorised payments in minutes.

By Sandy Lavorel • 7 min read • Last week