Financial institutions Stories

Global Stories

Financial institutions stories

Walapay raises USD $4.6 million seed funding round

The fresh capital will fund licensing, banking ties and hiring as the payments platform expands direct links across Latin America, Africa and Asia.

By Karen Joy Bacudo • 4 min read • Today

Fintech

Citi launches instant cross-border payments on Swift

The service gives banks single-account access to instant cross-border transfers in four currencies, reducing the need for local banking ties and infrastructure.

By Karen Joy Bacudo • 3 min read • Last week

Fintech

ProSight survey says fraud is now a human problem too

Most losses now stem from weak customer and employee awareness, even as banks pour more money into technology and still struggle to keep pace.

By Karen Joy Bacudo • 4 min read • Last week

Blockchain

Chainlink launches Fulcrum to link banks to onchain finance

Banks and funds could move collateral across blockchains without rebuilding systems, as the new platform targets fragmented tokenised finance markets.

By Karen Joy Bacudo • 4 min read • 3 days ago

Software-as-a-Service

Teciem names new chief technology & customer officers

Banks seeking faster system upgrades may benefit as Teciem adds two senior executives to steer technology and customer delivery.

By Sofiah Nichole Salivio • 4 min read • 3 days ago

Digital Transformation

Plumery launches rescue plan for digital banking exits

Banks facing expensive digital platform exits will get migration support from Plumery, which is waiving licence fees for up to 24 months.

By Karen Joy Bacudo • 4 min read • Last week

Software-as-a-Service

Mambu & Mastercard team up on cross-border payments

Banks could add faster, more transparent overseas transfers to digital apps without costly from-scratch integrations under the tie-up.

By Karen Joy Bacudo • 4 min read • Last week

Fintech

SAS wins 12 Chartis RiskTech100 awards in 2027 rankings

Banks and insurers are leaning on integrated risk tools as SAS extends its Top 10 run to 22 years and ranks third overall.

By Mara Sugue • 4 min read • Last week

Data Protection

Shield launches MCP Server for compliance AI access

Compliance teams at regulated banks can now query live surveillance alerts inside Claude, while Shield keeps permissions and records unchanged.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Disaster Recovery

ACI & Cognizant test card processing on AWS at scale

Banks weighing cloud migration got fresh evidence after the platform handled more than double its target load on AWS with no failed transactions.

By Karen Joy Bacudo • 4 min read • Last week

Data Protection

Brickken joins Linux Foundation Decentralized Trust

Interoperability gaps could slow tokenised finance as the Barcelona-based firm adds its standards work to a wider open-source debate on digital assets.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Financial institutions stories

Software-as-a-Service

Finastra launches AI repair tool for payment banks

Banks handling failed payments could cut repair times as Finastra adds scheme-aware AI guidance to its OperatorAssist platform.

By Karen Joy Bacudo • 3 min read • Last week

Fintech

FedNow cross-border move raises banks' operational strain

Banks face tighter screening and repair windows as the FedNow change speeds only the US leg of international payments.

By Karen Joy Bacudo • 4 min read • Last week

Crypto

Volante & Circle add USDC to bank payment workflows

Banks will be able to test dollar-pegged stablecoin settlement inside existing payment systems, reducing the need for separate digital asset infrastructure.

By Karen Joy Bacudo • 4 min read • Last week

Crypto

Digital Assets Summit 2026 to spotlight tokenised finance

Asia's growing share of stablecoin payments is pushing banks and regulators to focus on governance, liquidity and cross-border rules.

By Sofiah Nichole Salivio • 4 min read • Last week

Data Protection

Comms Council UK issues guidance on telecoms fraud sharing

The new framework gives providers legal cover to share scam data, aiming to stop fraud before calls and texts reach customers.

By Joseph Gabriel Lagonsin • 5 min read • 5 days ago

Fintech

Global Payments to add Interac Konek to Canada network

Canadian merchants will gain a lower-cost bank-based checkout option as Global Payments broadens payments choice across thousands of sites nationwide.

By Sofiah Nichole Salivio • 3 min read • Last week