Europe (European) stories - Page 49

UK consumers show low trust in real-time payments security, with only 35% viewing it as safer than credit cards amid rising scam losses of GBP £450 million.

Paris-based Bonx secures USD $8.6m seed funding to expand its AI-powered ERP platform for mid-sized factories across Europe, focusing on Italy and Spain.

Kia Connect now offers driver risk scores via its app across 27 European countries, helping users personalise insurance rates with insurers.

Scaleway has launched the AION consortium to build sovereign AI infrastructure, aiming to strengthen Europe's digital independence with major public and private partners.

Titan OS partners with Vestel to power smart TVs for UK retailer Currys and launches tools to boost ad performance measurement on connected TV devices.

Chris Lowe joins Yaspa as full-time CFO to lead financial strategy during expansion into new markets and sectors across Europe.

Exegy's new Nexus platform cuts capital markets data costs by over 40%, using FPGA tech to speed up processing and reduce hardware needs.

Ransomware attacks on retail surged 40% in May, with Safepay emerging as the top threat actor amid shifting cyber risks globally, NCC Group warns.

AI use in European workplaces surges with 83% adoption, yet just 31% have formal policies, raising concerns over security and ethical risks.

Tax Systems has named Sanj Juneja as Global Strategic Partners Director to boost international growth via a new partner ecosystem across key global markets.

Meta and Oakley launch AI-powered sports glasses starting at USD $399, featuring a 3K camera, AI assistant, and water resistance for athletes worldwide.

Azul and OpenValue extend their Java migration services and guarantees to North America, helping firms switch from Oracle Java with assured timelines and budgets.

Tata Consultancy opens three new European hubs in Germany and Romania to boost software-defined vehicle innovation in the automotive sector.

DataX Connect has launched its 2025 survey to reveal detailed salary and career trends for data centre professionals in Europe and the US.

Safe Software expands to the UK and Ireland, opening new centres to enhance European customer support and target USD $250m revenue by 2028.

Commvault, Kyndryl and Pure Storage join forces to offer enhanced cyber recovery services, aiding firms in compliance with global data security regulations.

Tata Consultancy Services will automate the Council of Europe Development Bank's reconciliation processes to boost efficiency and handle complex transactions.

Azerbaijan leads a 26% surge in European air travel bookings, with rising interest in emerging destinations reshaping traveller preferences, says new report.

rebuy partners with Camunda to automate device repair processes, enhancing transparency and efficiency across its refurbishment operations in Europe.

UK leads Europe in AI investment with 74% of organisations boosting generative AI spending, driving major cost savings and workforce transformation.