Financial institutions stories

YAP Global appoints Otto Jacobsson as CEO, signalling expansion and a broader service mix as the crypto and digital assets sector matures.

SEON posts over 80% ARR growth, boosts API usage 250% and secures USD $80 million Series C to scale AI-powered fraud and AML platform.

Hayo upgrades its National Mobile Registry with real-time tools to detect SIM swap fraud, stolen phones and illegal devices on networks.

Alcatraz’s Rock X facial authentication system has completed live trials at Honolulu airport, boosting its pitch for staff and secure-area access.

ReliaQuest warns BaoLoader and trust-based lures are surging, as attackers ditch zero-days for social engineering and valid certificates.

STG completes S&P Global EDM and thinkFolio deal, folding EDM into Gresham while spinning thinkFolio out as a standalone portfolio firm.

Select ID becomes UK’s only dedicated identity orchestration network with DIATF status and ISO 27001, boosting reusable digital IDs for finance.

Agentic AI promises rapid software gains, but a recent Claude Code cyberattack shows how “double agents” can outpace unprepared developers.

StarHub secures its first CDP ‘A’ climate rating, as energy, renewables and supply chain reforms sharpen its decarbonisation strategy.

Unit4 marks 100th ERPx go-live, ramps up AI learning and security as more public and private sector customers move to its cloud ERP.

AI has shifted from experiment to existential need in European finance, with most leaders fearing profit loss or obsolescence if they lag.

Digital Asset predicts 2026 tipping point as institutions go on-chain, prioritising privacy, clear rules and routine stablecoin use.

Mphasis appoints tech and banking veteran Punit Sood as independent director to bolster its AI-led push into global finance clients.

India has surged into the global top tier for everyday crypto use, ranking ninth as stablecoin-driven payments and remittances gain ground.

Hapax unveils a free AI certification for bankers as lenders ramp up AI spending and face tougher scrutiny from regulators and boards.

CybExer warns 2026 will bring “AI wars”, quantum-era encryption risks and stricter cyber insurance demands on organisational readiness.

Aventur lands Dutch family office funding for its AI-led money platform, eyeing a 2026 UK launch to narrow the financial advice gap.

Outsized rolls out pre-built independent consulting squads for ANZ banks, targeting AUD $200,000-AUD $2 million transformation projects.

Agentic AI tools from Targa Telematics cut UK fleet vehicle thefts by 12% in 2025, saving operators up to EUR €2 million a year.

Ripple-owned GTreasury buys Australian fintech Solvexia to fuse treasury, reconciliation and compliance in one automated finance platform.