Financial Services stories
ThetaRay's AI modules for AML and sanctions screening have gained key validation from Kaufman Rossin, aiding compliance with evolving US and EU regulations.
OpenText and Google have teamed up to offer AI-driven, sovereign cloud tools enhancing data security and compliance for finance, insurance, and retail sectors.
Peer Software enhances data orchestration with new features in PeerGFS and PeerIQ, boosting storage compatibility, analytics, and security for hybrid and multi-cloud use.
AI's surge demands data centres to be redesigned with liquid cooling, high-density power, and sustainability for scalable, efficient infrastructure across Europe.
Financial firms face rising fines and must adopt digital regulatory reporting to ensure compliance, cut costs and boost operational resilience in 2024 and beyond.
New research reveals retail leads commerce media maturity, with 22% at advanced stages, while automotive lags, highlighting vast sector disparities worldwide.
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.
In 2026, traditional banks will face fierce competition from neobanks, rising fraud risks, and new ISO 20022 rules, forcing urgent modernisation or loss of customers.
PwC partners with Multiverse Computing to enhance AI efficiency and security, using CompactifAI for faster, greener, and more secure AI deployments across industries.
Mainframe Shield, a new not-for-profit mainframe security community, has launched in the USA to foster collaboration amid rising cyberattack costs.
Tokenovate has bolstered its senior engineering team with four key hires to enhance digital settlement and meet rising client demand ahead of T+1 settlement in 2027.
UK finance teams face slow expense claim approvals and vague submissions, with 27% taking over a month and GBP £60 million in claims analysed.
Viber Pay launches instant, fee-free payments and Visa virtual cards in seven European countries, integrating Paynetics' licensed payment system within its messaging app.
Options Technology chooses atNorth's Iceland ICE02 data centre to host AI-focused private cloud, boosting finance sector's AI workload capacity with green energy.
InDebted appoints Michael Chatfield as Managing Director to spearhead Australian expansion amid evolving collections market and rising digital demand.
Australian banks must invest in secure, reliable databases to meet rising customer expectations, comply with new privacy laws, and prevent costly downtime.
Four fintech organisations from Hong Kong and mainland China formed a partnership to boost collaboration and market access across the Greater Bay Area.
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.