Banks face gradual fintech erosion rather than a Kodak-style collapse
Joris Lochy argues banks retain trust and regulatory advantages, but AI may raise the cost of slow execution in financial services...
By Rafael Ortiz 2 months agoFintech Correspondent
Rafael Ortiz
Rafael covers payments, banking infrastructure, and the software eating financial services. Former product lead at a payments processor.
Latest from Rafael Ortiz
Mitigram buys Export Enterprises to expand trade finance platform
The deal adds eexpand’s trade intelligence network, used by more than 50 financial institutions and 700,000 registered businesses,...
By Rafael Ortiz 2 months agoRamp adds stablecoin accounts for cross-border payments
Ramp says businesses can now hold USDC or USDT in its platform or fund stablecoin vendor payments directly from bank accounts.
By Rafael Ortiz 2 months agoFinregE executive says compliance is becoming a competitive asset
Paul Lyon argues that RegTech can turn regulatory work from a cost centre into a trust and growth tool for financial firms.
By Rafael Ortiz 2 months ago
Unstable schedules shift $20 billion in annual wages, index says
PYMNTS Intelligence and WorkWhile found that short-notice schedule changes are shaping job choices and household cash flow for hou...
By Rafael Ortiz 2 months agoPayomatix founder says trust is becoming a payments differentiator
Ruchi Rathor argues that payment providers and merchants must treat reliability, transparency and issue resolution as commercial a...
By Rafael Ortiz 2 months ago
OpenAI says its models caused Hugging Face security incident
OpenAI said a Hugging Face breach stemmed from an internal cyber evaluation involving GPT-5.6 Sol and a more capable unreleased mo...
By Rafael Ortiz 2 months agoAnthropic joins FCA AI sandbox for financial services testing
The UK regulator’s second Supercharged Sandbox drew 199 applications, with 21 firms selected to test AI uses in payments, fraud an...
By Rafael Ortiz 2 months agoSantander UK freezes branch closures until 2028
The bank says 305 Santander sites and 175 TSB branches will remain open, following earlier closure rounds that put more than 1,000...
By Rafael Ortiz 2 months agoCapital One releases VulnHunter code-scanning AI on GitHub
The bank says the open source tool found and helped fix vulnerabilities across thousands of internal repositories.
By Rafael Ortiz 2 months agoNatural secures $30mn Series A for AI agent payments infrastructure
The US fintech has now raised more than $40mn as it builds wallets, payments tools and credit products for AI agents.
By Rafael Ortiz 2 months ago
US lawmakers urge Trump to counter EU digital rules on tech
Sixteen members of Congress asked President Donald Trump to consider fees or restrictions if the EU does not change digital polici...
By Rafael Ortiz 2 months ago