Banking stories
Despite widespread confidence about FCA scrutiny, most firms still cannot quickly produce searchable evidence of support for vulnerable customers.
The integration is aimed at firms under regulatory and AI scrutiny, helping them trace data changes and see which reports or systems could be affected.
Most UK businesses are failing to measure AI returns, with 83% of decision-makers saying they have spent without clear evidence of value.
The deal broadens CoCounsel Legal's regulatory coverage to more than 150 countries, giving legal teams verified source material for cross-border work.
Banks face mounting pressure to prove AI pays off as Backbase says governance and accountability will decide which institutions scale agents.
The platform aims to give large firms tighter control over AI spending, access and accountability as use spreads across more teams.
Cost-sensitive US consumers are forcing subscription services to rethink pricing, after 22% cancelled following price rises in the past year.
Contact centre managers can now track AI and human interactions in one system, helping them spot failures sooner and plan staffing more accurately.
Banks and other regulated firms in three countries will be able to link onboarding checks with ongoing AML monitoring as fraud risks intensify.
Wealth Management clients can now receive securities-based loan proceeds into existing Morgan Stanley accounts, with restrictions enforced automatically.
Financial firms are racing to detect AI agents before they slip into customer accounts, as Resemble says its tool spots disguised traffic with 98.8% accuracy.
More than half of Texoma Community Credit Union's members adopted the new system within two weeks, as online banking use climbed 8.9% year on year.
The update gives banks and credit unions a way to cap AI spend per day while preserving existing database access controls in AI search.
Yet privacy concerns remain a major hurdle, with seven in 10 New Zealanders saying they have already had a problem linked to digital identity.
Businesses face greater losses as scammers exploit service desks, remote hiring and real-time payments, leaving less time to spot deception.
Cross-border payments will be tested on a live tokenised deposit rail, giving Korean banks early evidence on settlement and remittance risks.
The update aims to help SLYNUMBER users spot recognised banking texts more quickly, as scam messages continue to muddy trust in SMS alerts.
Eligible borrowers at Morgan Stanley Wealth Management can now access securities-based loan proceeds in existing accounts, with spending rules enforced automatically.
As AI agents take on bigger tasks, firms will be pushed to prove they can control them safely and justify the spending.
The seed round will help Dreeze expand sales and product work as firms seek faster restoration of cloud applications after outages or cyberattacks.