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RedCompass Labs stories

Most banks are planning stablecoin schemes, survey finds
Crypto

Most banks are planning stablecoin schemes, survey finds

Only 10% of lenders have stablecoins in production, as most still face regulatory and infrastructure hurdles, a RedCompass Labs survey found.

By Karen Joy Bacudo • 5 min read • Last month
Banks lag ISO 20022 deadline as data issues persist
Digital Transformation

Banks lag ISO 20022 deadline as data issues persist

Nearly half of banks risk missing key ISO 20022 rules due November 2026, despite heavy spend and persistent data and systems gaps.

By Shannon Williams • 4 min read • Thu, 12th Mar 2026
AI to reshape bank payments as fraud pressure mounts
Digital Transformation

AI to reshape bank payments as fraud pressure mounts

Banks are set to embed AI deep into payment systems by 2026, slashing costs as fraud surges and pressure mounts on platforms and regulators.

By Sofiah Nichole Salivio • 6 min read • Wed, 7th Jan 2026
Global targets for cross-border payment reforms at risk of delay
Data Protection

Global targets for cross-border payment reforms at risk of delay

Global financial authorities are likely to miss their 2027 target to improve cross-border payments, with costs and regulatory hurdles still impeding progress.

By Shannon Williams • 4 min read • Wed, 15th Oct 2025

Stories from Other Regions

RedCompass Labs stories

UK cash use falls below 10% as digital payments rise
Blockchain

UK cash use falls below 10% as digital payments rise

More than half of UK adults now use mobile wallets, increasing pressure on banks and merchants as cash slips below 10% of payments.

By Karen Joy Bacudo • 5 min read • Wed, 26th Aug 2026
KPMG sees AI surge as firms struggle to prove value
Digital Transformation

KPMG sees AI surge as firms struggle to prove value

Nearly half of businesses have paused or scaled back AI projects as weak cost tracking leaves returns unproven and security gaps widen.

By Sean Mitchell • 6 min read • Fri, 10th Jul 2026
AI-fuelled romance scams spread beyond dating apps
Biometrics

AI-fuelled romance scams spread beyond dating apps

AI-driven romance scams now cost UK victims GBP £20.5 million, spreading from dating sites to everyday apps and evading bank checks.

By Shannon Williams • 5 min read • Thu, 12th Feb 2026
UK anti-corruption plan blasted for sidelining fraud
Housing

UK anti-corruption plan blasted for sidelining fraud

UK unveils GBP £15 million anti-corruption drive, but experts warn sidelined fraud strategy leaves main source of dirty money unchecked.

By Kaleah Salmon • 5 min read • Wed, 10th Dec 2025
US banks struggle with payments modernisation amid rising outages
Fintech

US banks struggle with payments modernisation amid rising outages

Two-thirds of US banks face rising payment system outages amid struggles with modernisation, delayed projects, and a growing expertise gap, says RedCompass Labs.

By Shannon Williams • 4 min read • Wed, 1st Oct 2025
EU banks brace for lost interest earnings as SEPA Instant looms
Banking

EU banks brace for lost interest earnings as SEPA Instant looms

Nearly half of European banks expect to lose millions in interest due to new liquidity rules under SEPA Instant Payments Regulation by October 2025.

By Shannon Williams • 4 min read • Fri, 23rd May 2025
RedCompass unveils AnalystAccelerator.ai for banks
Digital Transformation

RedCompass unveils AnalystAccelerator.ai for banks

RedCompass Labs has launched AnalystAccelerator.ai, an AI solution designed to transform payment processes for banks, potentially automating 68% of projects.

By Imee Dequito • 3 min read • Mon, 18th Nov 2024