RedCompass Labs stories
Banks lag ISO 20022 deadline as data issues persist
Last month
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digital transformation
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fintech
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cx
Nearly half of banks risk missing key ISO 20022 rules due November 2026, despite heavy spend and persistent data and systems gaps.
AI-fuelled romance scams spread beyond dating apps
Thu, 12th Feb 2026
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biometrics
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ai
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social media
AI-driven romance scams now cost UK victims GBP £20.5 million, spreading from dating sites to everyday apps and evading bank checks.
AI to reshape bank payments as fraud pressure mounts
Wed, 7th Jan 2026
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digital transformation
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fintech
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email security
Banks are set to embed AI deep into payment systems by 2026, slashing costs as fraud surges and pressure mounts on platforms and regulators.
UK anti-corruption plan blasted for sidelining fraud
Wed, 10th Dec 2025
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risk & compliance
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procurement
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public sector
UK unveils GBP £15 million anti-corruption drive, but experts warn sidelined fraud strategy leaves main source of dirty money unchecked.
Global targets for cross-border payment reforms at risk of delay
Wed, 15th Oct 2025
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data protection
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fintech
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blockchain
Global financial authorities are likely to miss their 2027 target to improve cross-border payments, with costs and regulatory hurdles still impeding progress.
EU banks brace for lost interest earnings as SEPA Instant looms
Fri, 23rd May 2025
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banking
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policy
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financial services
Nearly half of European banks expect to lose millions in interest due to new liquidity rules under SEPA Instant Payments Regulation by October 2025.
RedCompass unveils AnalystAccelerator.ai for banks
Mon, 18th Nov 2024
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digital transformation
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genai
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ai
RedCompass Labs has launched AnalystAccelerator.ai, an AI solution designed to transform payment processes for banks, potentially automating 68% of projects.