Financial Services stories - Page 17

Edera debuts a vendor-neutral GPU control plane to boost secure multi-tenancy, speed start-up times and unify mixed-accelerator fleets.

Edinburgh fintech Legado nears 500,000 users as financial firms pour into digital document controls under rising regulatory scrutiny.

UK credit cardholders carry record debt despite spending less, as weaker repayments push average balances to GBP £1,950, FICO data shows.

Ecommpay secures double shortlist at UK FinTech Awards for its hosted payouts solution and rising star compliance leader Alpa Jotangia.

Commerzbank taps Hawk's AI to cut false alerts and sharpen money-laundering detection, as regulators push banks to bolster AML controls.

Entrepreneurs increasingly see AI as a tool for efficiency and cost-cutting, not a springboard to new markets or sustainability goals.

FinTech North will convene major brands, start-ups and policymakers in Liverpool next week as it seeks to cement the city as a key fintech hub.

Contrivian to resell Amazon Leo LEO satellite services for resilient US government networks, blending space links with fibre and 5G.

Nearly half of banks risk missing key ISO 20022 rules due November 2026, despite heavy spend and persistent data and systems gaps.

London tops global fintech funding as Europe outperforms in regulated niches but leans on US backers and eyes pensions to plug gaps.

AI 'leaders' in finance rush to pilots but lack rules, data and governance to scale tools into core, high‑accountability workflows.

OpenLegacy debuts an AWS-integrated hub to modernise mainframes incrementally, enabling parallel legacy-cloud operations with less risk.

Revolut secures full UK bank licence, pledging GBP £3 billion investment, 1,000 new jobs and a phased roll-out of FSCS-protected accounts.

Appdome's new Threat-Memory tool stores on-device threat histories and AI scores to counter repeat mobile fraud and account takeovers.

Socotra launches embedded AI assistant in its Operations Workbench, promising faster, auditable underwriting across products and regions.

AI is speeding up shorter workdays but piling on more tasks, with rising collaboration, multitasking and weekend work, a study finds.

Rackspace and Uniphore ally on sovereign agentic AI for regulated sectors, aiming for USD $100m in outcomes-based enterprise roll-outs.

Manulife taps Akka's runtime to harden and scale its beta enterprise agentic AI platform for regulated, business-critical workloads.

Jazz raises USD $61m to launch AI-led data loss prevention platform that slashes alert noise and targets higher-confidence risks.

Auxia passes 100bn AI 'revenue decisions' as enterprises shift from genAI trials to agent-based systems that drive measurable top-line gains.