Canadian credit union Vancity has selected Temenos SaaS to overhaul and modernise its core banking platform, marking a significant technological shift for one of the country’s most prominent cooperative financial institutions. Under the new agreement, the credit union will systematically introduce advanced digital banking services across its infrastructure while gradually migrating its extensive legacy operations […]
A significant surge in cyber-attacks targeting corporate environments has been identified, with researchers at Arctic Wolf uncovering a sophisticated campaign that exploits the external chat functionality within Microsoft Teams. By manipulating the trust inherent in enterprise communication platforms, threat actors are successfully infiltrating organizations, using the platform as a bridgehead to launch broader, more destructive […]
Digital banking giant Revolut has officially entered the unsecured personal lending market in Britain, marking a significant strategic evolution for the fintech as it seeks to challenge legacy financial institutions on their home turf. UK Chief Executive Francesca Carlesi confirmed the launch in an interview with Reuters, signaling a major milestone in the company’s ongoing […]
Under the newly forged partnership between Thredd and Finsei, business clients will soon be able to receive payments in one currency and seamlessly spend them in another from the exact same account. This capability addresses a long-standing pain point for enterprises operating across multiple international markets, which traditionally have had to rely on a fragmented […]
Global venture capital funding is mounting a significant rebound this year, propelled forward by historic, multibillion-dollar investments flowing into artificial intelligence startups. While transaction counts have retreated to historic lows, the sheer capital deployed into a select group of market-leading companies has pushed equity financing to heights not seen in years, reshaping the global technology […]
The United States Cybersecurity and Infrastructure Security Agency (CISA) has officially signaled a fundamental transformation in its operational philosophy, moving away from traditional, "passive" defensive measures toward a more "aggressive, anticipatory" posture. This strategic pivot, detailed in the agency’s newly released document titled CISA 2030: Defend, Harden, Prevail, marks a definitive response to the escalating […]
A comprehensive new study examining the current state of digital marketing across the financial services and fintech sectors has shed light on evolving industry trends, revealing that while foundational digital strategies continue to deliver steady and measurable returns, the rapid integration of artificial intelligence is moving faster than formal internal governance. Conducted by the Fin.Tech […]
The Swiss Bank Employees Association has issued a stark warning to lawmakers, cautioning that the implementation of stricter capital rules could ultimately put the future of UBS in Switzerland in serious doubt. According to a formal letter sent to members of parliament and recently highlighted by the Swiss newspaper NZZ, any potential move of the […]
In a chilling demonstration of how advanced technology is reshaping the threat landscape, a China-aligned nation-state actor has launched a sophisticated, AI-driven campaign that successfully compromised Microsoft 365 tenants associated with IT management software provider ConnectWise. The breach, which triggered a widespread suspension of several ConnectWise cloud services, highlights a harrowing new reality for the […]
In a landmark development for the European digital asset landscape, BIT Asset Management, the Zurich-based arm of cryptocurrency firm BIT, has received official regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA) for its Bitcoin Fund ETF (BBIT). The milestone greenlight paves the way for what is slated to be the first exchange-traded fund […]