Financial Services stories
TCS launches BaNCS AI Compass, adding explainable AI agents to help global banks automate operations while tightening governance controls.
IRIS launches AI anomaly-checking tool for UK personal tax returns, promising to cut prep time to 90 minutes and slash errors by up to 95%.
Digital wallets and decentralised IDs are set to surge by 2026 as AI-driven threats push firms to monitor human and machine identities nonstop.
AI dominates CEO earnings calls for the first time, as leaders pair record investment pledges with mounting warnings of an AI market bubble.
Singapore fintech Aspire wins key licences in Australia, Europe and the US, paving the way for a global rollout of its business finance platform.
Tech Mahindra and Google Cloud will scale Gemini 2.5-based agentic AI to move enterprises from pilots to production-grade, governed workflows.
Finance leaders hail AI as core to strategy, yet fewer than half have scaled it beyond pilots amid legacy, skills and leadership hurdles.
Confidential computing shifts from niche to mainstream as 75% of organisations adopt it to secure AI workloads and sensitive data in use.
Finance chiefs brace for AI upheaval as CIMA warns of widening skills gap and underprepared teams despite soaring expectations.
Commvault will offer its Commvault Cloud on the new AWS European Sovereign Cloud, boosting data protection for tightly regulated EU customers.
Royal London Asset Management adopts Seismic's AI-driven platform to streamline client content, boost productivity and tighten compliance controls.
UK accountants say firms are already losing money to flawed ChatGPT tax advice and warn misuse of AI could trigger failures by 2026.
Hedgehog lab has bought Label Sessions to build a full-stack innovation consultancy, linking AI delivery with a 500-strong global expert network.
Aviva extends its tech pact with TCS, shifting another 1.1m UK life policies onto the BaNCS platform to streamline service and costs.
1Kosmos has joined the Saviynt Exchange, embedding biometric identity proofing and passwordless login into Saviynt's cloud security platform.
Netskope opens first Malaysia data centre and deepens Indonesia presence as demand for cloud-based SASE security surges across Southeast Asia.
SandboxAQ's AQtive Guard wins FedRAMP Ready status, opening a clearer path into US federal AI and quantum cybersecurity projects.
Fintech and healthcare prepare to tame quantum-era unpredictability, as firms plan AI guardrails and quantum-safe security by 2026.
Coder and GlobalLogic ally to deliver governed agentic AI for Global 2000 software teams, targeting regulated sectors and hybrid clouds.
Outcome-first, tightly governed AI will eclipse experimental pilots by 2026 as boards and regulators demand clear, measurable business value.