Financial institutions Stories - Page 2

FIS launches Lyriq digital money platform for banks

Banks can now issue tokenised deposits and digital currencies without shifting funds off balance sheet, as FIS opens limited access to Lyriq.

By Shannon Williams • 4 min read • Last month

Backbase named Forrester leader & customer favourite

Banks seeking to cut fragmentation may see Backbase's Forrester nod as validation that its AI-native platform can unify front-office work.

Temenos named Forrester leader in digital banking tech

Banks seeking faster onboarding and broader channel support may benefit as Forrester ranks Temenos among the top digital banking vendors.

By Sean Mitchell • 4 min read • Last month

Exclusive: Google Cloud reshaping finance with agentic AI

Banks must move beyond isolated pilots if they want agentic AI to deliver enterprise-wide gains, Google Cloud says.

Celonis & ProcessLab launch banking apps for mortgages

Banks could speed up mortgage approvals and customer service with the new tools, after one lender cut response times by 32%.

FIS upgrades trading & risk suite for buy-side firms

Smaller investment firms could cut costs and manual work as a single system replaces fragmented trading and risk tools across asset classes.

By Bud Walker • 4 min read • Last month

Surveillance

The missing link in eIDV: Why data quality drives fraud prevention

Banks risk missing fraudulent identities unless eIDV checks are paired with verified address data and stronger data quality controls.

Storage

Iron Mountain wins Google Cloud award for media archives

AI search and digitisation are helping media owners turn ageing archives into usable assets, with Iron Mountain recognised by Google Cloud.

By Sofiah Nichole Salivio • 4 min read • Last month

Broadridge takes stake in CENTRL for AI due diligence

Financial firms could cut manual due diligence and RFP work as Broadridge embeds CENTRL's AI tools across asset management and retirement products.

Xero launches AI-native operating system for small firms

The new platform aims to cut routine bookkeeping for small firms by automating payments, reconciliation and tax prep while keeping users in control.

By Karen Joy Bacudo • 4 min read • This month

Stories from Other Regions

Financial institutions stories

Crypto

Tetra launches Canada's first regulated CADD stablecoin

Canadian banks and fintechs now have a regulated on-chain settlement option as CADD enters a market long dominated by US-dollar stablecoins.

By Karen Joy Bacudo • 4 min read • This month

Wealthsimple adds futures & options for active traders

Canadian self-directed investors will get more advanced tools as Wealthsimple opens futures and broader options access on one platform.

Data Analytics

Alkami launches digital sales platform for US banks

More banks and credit unions are opting for bundled onboarding and engagement tools as Alkami ties account opening to digital banking and marketing.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Zelle & Truist test bill payments in network pilot

The pilot could give households clearer proof a bill was received, easing fears of late fees as Zelle moves beyond transfers.

Data Protection

TD adds Google virtual card numbers for Canadian shoppers

Canadian shoppers can now use tokenised Visa details at checkout in Chrome and Android, reducing card exposure to merchants.

By Catherine Knowles • 3 min read • Last month

SEON eyes doubling Indonesia revenue as fraud risk rises

Rising scam losses and tighter oversight are fuelling demand for SEON’s fraud tools, with Indonesia set to be a key growth market.

By Sean Mitchell • 3 min read • Last month

Fime launches trust framework for AI-initiated payments

AI-driven purchases are raising fraud and compliance concerns as Fime seeks to give merchants and banks a neutral way to verify them.

Disaster Recovery

Q2 launches AI code tool for digital banking platform

Banks and credit unions could cut development cycles from weeks to days as the tool adds governed AI code generation to Q2's platform.