Financial Services stories
The hire adds finance expertise as the software group scales rapidly, with annual recurring revenue doubling in the second quarter of 2026.
The digital-asset payments firm is bolstering its leadership as it seeks to turn more than USD $50 billion in transactions into broader growth.
Stablecoins are edging towards mainstream payments in Asia Pacific, with 46% of consumers saying they may use them within five years, Visa found.
The fresh capital will fund licensing, banking ties and hiring as the payments platform expands direct links across Latin America, Africa and Asia.
Keeping customer and transaction data in-house, the software aims to cut the need for copied databases as firms train AI models.
The option lets regulated firms keep source code and sensitive data inside their own infrastructure while using AI for software development.
Enterprise buyers are moving AI security tools into live operations as staffing shortages and alert overload push automation deeper into the SOC.
Financial firms accounted for 41.6% of verified mobile activity in the first half of 2026, as numbers became central to banking and account recovery.
Poor data governance is slowing AI adoption in marketing, with only 35% willing to share unverified machine-generated insights, Adverity found.
Most losses now stem from weak customer and employee awareness, even as banks pour more money into technology and still struggle to keep pace.
The upgrade gives IT teams direct access to curated network evidence in AI tools, helping cut token use while improving incident checks.
The service is aimed at easing payment delays and foreign exchange costs for exporters trading with ASEAN buyers, as regional commerce expands.
A Lloyds poll of 100 senior UK financial leaders found 71% expect tokenisation to transform services, with faster settlement seen as the main gain.
The move should help FOMO Pay tighten onboarding and fraud checks as it expands across markets with diverging rules and rising scam pressure.
Taxpayers, recruiters and operations teams face tighter decisions as AI speeds up workflows and Making Tax Digital forces more frequent reporting.
The deal gives the institute round-the-clock threat monitoring and executive cyber oversight as it seeks to protect nearly 40,000 members and 8,600 students.
The finding highlights a trust gap that could slow AI adoption in payments, with only 22% of UK consumers willing to use it there.
The new offer is aimed at helping smaller firms turn scattered AI trials into governed projects with measurable business value.
The tie-up could help small firms spot cash-flow risks and growth opportunities faster, while keeping owners in control of any action.
The overhaul is expected to save hundreds of hours in reviews as the bank expands its marketing activity and tightens audit trails.