Financial Services stories
Pipe launches its embedded capital platform in Australia via Live Payments, enabling SMEs to access pre-approved funding within their existing payment portal.
Financial institutions face rising AI-driven cyberattacks and must adopt intelligence-led defence, active vendor management, and balance security with customer experience.
Seventy-six percent of Australian banks use AI, leading in Asia-Pacific, but trust and regulation remain key hurdles for wider adoption.
Ransomware attacks surged 41% in October to 594 incidents, heavily targeting industrial, consumer, and healthcare sectors, mainly in North America and Europe.
Rackspace Technology launches AI Launch Pad, a private-cloud service to help businesses overcome AI adoption challenges and boost returns across sectors.
Cayosoft launches Guardian SaaS, a cloud service for hybrid Microsoft Active Directory and Entra ID protection, offering real-time monitoring and automated recovery.
Conductor's new report reveals AI tools like ChatGPT are reshaping digital brand visibility, with AI-driven search now influencing discovery across key sectors.
Ataccama and Cognizant unveil ONE Bridge, cutting data platform migration time by 40% and easing compliance with automated workflows.
Nutanix will soon support Microsoft Azure Virtual Desktop on premises via its AHV hypervisor, enabling hybrid deployment with cloud management and security.
Rackspace Technology appoints Lata Varghese and Phani Kishore Burre as Senior VPs to boost AI, cloud services and business transformation efforts.
Bedrock Data has raised USD $25 million to enhance its AI-native data security platform, addressing risks in cloud and AI data protection for enterprises.
Proximus Global and EnStream have launched an API to help Canadian firms verify if mobile numbers have been reassigned, combating recycled phone number fraud.
Payments now make up 55% of global fintech revenues at USD $126 billion, driven by innovation, regulation, and demand for instant, secure transactions.
AI-powered payment systems now approve credit and detect fraud in milliseconds, revolutionising the speed and security of financial transactions.
Graph databases are revolutionising finance, helping firms detect fraud, enhance compliance, and harness AI by mapping complex data relationships in real time.
eflow Global launches PATH AI, enhancing trade surveillance with transparent, auditable alerts amid USD $1.8bn market abuse fines globally this year.
ECCTA's mandatory ID verification poses major compliance and liability risks for UK law firms, with millions facing deadlines to avoid fines and penalties.
CommonAI launches a UK and Europe-wide platform to provide affordable AI computing resources and support for start-ups, backed by investment initiatives.
Cyber insurance now demands transparency and collaboration, with firms needing to prove measurable risk reduction amid rising supply chain cyber threats.
Banks and credit unions are shifting from transaction rewards to building trust and personalised relationships, using AI to anticipate customer needs and enhance loyalty.