Financial Services stories
Banks risk falling behind as fragmented legacy estates slow AI and cloud gains, with modern core systems now key to growth and service delivery.
The customer experience software provider is courting UK and European brands as it passes USD $100 million in annual recurring revenue.
Banks could speed up mortgage approvals and customer service with the new tools, after one lender cut response times by 32%.
Unpatched gateways leave firms open to ransomware, outages and multimillion-dollar ransom demands, with Zero Trust access reducing the attack surface.
Enterprises could cut AI running costs and emissions sharply as EDB says its database stack reduces token use and compute demand.
Smaller investment firms could cut costs and manual work as a single system replaces fragmented trading and risk tools across asset classes.
It gives organisations a way to keep sensitive backups and archives offline as ransomware and retention pressures intensify.
Banks that fail to modernise core systems may struggle to scale AI, cloud services and new payment rails, Temenos and Bain warn.
Networks in 60 Hudson Street can now connect faster, as DE-CIX adds a fourth facility operator and cuts interconnection complexity for customers.
Insurers say the threat could trigger business interruption, regulatory scrutiny and client claims, as 65% of firms rank cyber-attacks first.
Canadian customers could get faster, cheaper transfers as Wise moves closer to direct access to the country’s real-time payments network.
Growth at the Newcastle data firm has climbed 53% as award wins and fresh client deals lift its profile beyond the North East.
The deal gives Mphasis a decision-intelligence platform aimed at helping clients improve pricing, forecasting and supply-chain choices with AI.
Glasgow’s AI jobs and training pipeline is set to grow as SAS commits more than GBP £20 million to its research centre and UK skills drive.
The bank’s defences may move faster as the system is meant to spot new scam patterns and turn them into blocking rules more quickly.
The insurtech group's expansion is set to be backed by a finance veteran, as Rahul Singh takes charge of planning, investor relations and governance.
Clearer rules and institutional flows are making digital assets easier for Australians to trade, particularly younger investors seeking diversification.
Procurement teams in defence and critical infrastructure may now view White Rook Cyber more favourably after its CREST testing approval.
US wealth clients will get market insights and reminders from Citi Sky as Citi rolls out the AI assistant alongside advisors this summer.
The rollout puts generative AI in front of Citigold clients as banks race to show it can aid investors without sidelining advisers.