News
Banks face "market failure" risk over outdated compliance, experts warn
2+ hour, 4+ min ago (145+ words) Banks risk "market failure" if they fail to modernise outdated control functions, as economic pressure and rising uncertainty expose weaknesses in how firms approach compliance, according to Natalie Mc Manus-Barnett, founder of the thought leadership institute Innovate Compliance. "We are…...
The Banker magazine May/June 2026
4+ hour, 13+ min ago (98+ words) The Banker. com The Banker magazine May/June 2026 The May/June 2026 edition of The Banker investigates Dubai's future prospects as a financial hub for the Middle East, after Iranian drone strikes shook its perception as a safe haven. Other items…...
Reg Wrap: Australia to revamp payment architecture
4+ day, 19+ hour ago (154+ words) Australia's account-to-account payments system is next in line for a strategic reset, with the Reserve Bank of Australia, Commonwealth Treasury, Aus Pay Net and Australian Payments Plus opening a consultation on a draft long-term vision for the country's payments infrastructure....
Lloyds: AI is critical to getting ahead of cyber attackers
4+ day, 23+ hour ago (118+ words) Agentic AI could help banks exploit their "home field" advantage by detecting security vulnerabilities before hackers do, according to Lloyds" chief security officer Matt'Rowe. While banks" in-depth understanding of their internal technology stacks and processes technically gives them an edge…...
Senior European systemic risk adviser backs EU stablecoin clampdown
5+ day, 22+ hour ago (99+ words) The European Commission is being pulled between financial stability warnings and accusations of protectionism as senior European systemic risk figures pressure it to restrict multi-issuer stablecoins. The tug of war comes after the French central bank publicly criticised EU stablecoin…...
Fintech M&A rebounds despite drop in public valuations
6+ day, 2+ hour ago (104+ words) Global fintech M&A continued to rebound in the first quarter of the year, as lighter regulation and steady interest rates boosted confidence in the sector. The number of fintech deals that took place during the first three months of…...
Stablecoin supply to soar 1, 100% by 2030, says Bain
1+ week, 3+ min ago (126+ words) The global supply of stablecoins will increase by as much as 1, 100 per cent before the end of the decade as the digital asset becomes a "strategic priority" for banks, according to Bain. A report from the consultancy predicted that the…...
Bo E deputy governor warns on stock market valuations; Anthropic talks with UK over wider Claude Mythos access for banks
1+ week, 5+ day ago (98+ words) A senior Bank of England official has warned that surging market valuations may be underestimating the risks facing the global economy. Sarah Breeden, deputy governor for financial stability, told the BBC in an interview that current share prices appeared stretched…...
Fintechs bet on UAE digital assets hub as tensions simmer
1+ week, 5+ day ago (108+ words) Digital assets companies are deepening their presence in the United Arab Emirates despite pressures on the country's financial centres from the Middle East conflict. Iranian attacks disrupted travel and unsettled newer arrivals to the region, but despite a fragile ceasefire…...
Reg Wrap: Set prudential rules for crypto service providers, warns BIS
1+ week, 5+ day ago (200+ words) The Banker. com Reg Wrap: Set prudential rules for crypto service providers, warns BIS The Bank for International Settlements is warning that large cryptoasset service providers are increasingly operating like multi-function financial intermediaries, with products that resemble deposit-taking, lending, market-making…...