UK banks win court battle in historic loan complaint case – report
A High Court judge in London has ruled against the Financial Ombudsman Service in a dispute over whether consumers can…
25 Jun 2026
Indian central bank proposes stricter oversight of AI/ ML risks for banks
The Reserve Bank of India (RBI) has issued draft rules that would require banks and other regulated entities to tighten oversight of risks linked to AI and machine-learning (ML) models.…
25 Jun 2026
Santander mulls up to 3,000 early retirements in AI push – report
Banco Santander has started discussions with trade unions in Spain on a voluntary early retirement framework that could cover as many as 3,000 workers, according to Spanish daily Expansion. The…
24 Jun 2026
Iranian banks suspend card services after cyberattacks – report
Three major Iranian banks halted card-based services after cyberattacks caused disruption, reported Reuters citing the country’s state-owned banking technology provider. The Informatics Services Corporation said that Bank Melli, Bank Saderat…
24 Jun 2026
Backbase buys Kasisto to expand agentic AI banking capabilities
Backbase has acquired Kasisto, an agentic AI platform provider for banks and other financial institutions, for an undisclosed sum. Kasisto’s platform, its financial services intelligence and its team in New York have been folded into Backbase and its AI-native Banking OS. According to Backbase, the transaction…
23 Jun 2026
Revolut targets South Africa foray by 2028 – report
Revolut is aiming to enter South Africa by 2028, with the fintech already reporting notable early interest in its digital banking offering in Africa’s biggest economy, reported Bloomberg. “We are already…
23 Jun 2026
Lloyds to hire around 300 for agentic AI roles
Lloyds Banking Group has revealed plans to fill close to 300 roles linked to agentic AI, drawing candidates from both inside and outside the organisation. The planned hires include data…