Banking stories

Wise wins Payments Canada membership, paving the way for a bid to join the Real-Time Rail and boost faster, cheaper transfers for Canadians.

Temenos and Bain warn banks that cloud, AI and stablecoins will reshape competition, with core modernisation now key to growth.

TD rolls out Google virtual card numbers for eligible Visa customers in Canada, adding a security boost for online and in-app payments.

Temenos and Bain warn that banks must modernise core systems, governed data and cloud architecture as AI, stablecoins and personalisation gather pace.

Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.

Quantium joins Google Cloud's Gemini Enterprise push with a new AI practice aimed at moving enterprise agents from pilots into production.

KPMG deepens Google Cloud tie-up with AI agents for regulated sectors, including a Cardinal Health finance tool to tackle pricing disputes.

Google is tailoring AI playbooks for 19 industries as enterprises shift from pilots to production, with faster rollouts and ROI now the focus.

Backbase unveils AI-native Banking OS to tackle fragmented bank operations and shared customer records, targeting practical AI gains across frontline work.

EU wallet rules could turn digital identity into the next payments backbone, forcing banks to rethink onboarding, fraud and customer trust.

Cognizant named inaugural OpenAI Codex partner as it embeds the coding tool across engineering work for clients and internal software delivery.

Nium and Coinbase launch USDC payments service for businesses across 190 markets, aiming to cut trapped liquidity and speed cross-border settlements.

Adobe names 2026 award winners as Costa Crociere, TSB Bank, the NFL and Lenovo are honoured for data-led customer engagement.

Anthropic limits Claude Mythos to critical users after it exposed browser and Linux flaws, stoking fears of AI-driven cyber risk for banks.

Scotiabank rolls out AI home energy advice for Canadians, pairing retrofit estimates and rebate guidance with virtual coaching and financing options.

LangWatch releases open-source AI red-teaming framework to expose hidden vulnerabilities in production agents through multi-turn attack simulations.

Mastercard and Lobster.cash to let OpenClaw users authorise AI agents to spend on existing cards, backed by Verifiable Intent.

DoBusiness.com joins Payments Canada after rule changes open the door to payment service providers, widening access to Canada's core payments governance.

Temenos forum in Copenhagen to draw 1,000 banking executives as AI, cybersecurity and legacy system upgrades dominate the agenda.

Spektr lands USD $20 million Series A from NEA as Copenhagen AI compliance platform targets manual checks at banks and fintechs.