Financial Services stories - Page 32

Big banks and AI leaders signal they will layer new AI tools on top of, not instead of, core enterprise software systems.

Fingular taps Kilde for SGD $10m credit line to fund Southeast Asia expansion, ramping up Malaysia consumer lending under Tambadana.

HCLTech moves to deepen its wealth management push with a deal to acquire Singapore-based consultancy Finergic, pending approval by 2026.

Rackspace appoints Joseph Vito to spearhead global strategic alliances, bolstering its hybrid cloud and AI partnership ecosystem.

Glasgow cyber security provider Acumen Cyber appoints veteran strategist Derek Whigham to its board to steer UK growth and services.

Houlihan Lokey hires Mark Ward as Managing Director to expand European IT services coverage from its Manchester and London offices.

Apadmi eyes 20% FY26 growth after posting GBP £30 million revenue, fuelled by fresh client wins and senior hires in Amsterdam and marketing.

Juspay raises USD $50m in follow-on funding led by WestBridge Capital, lifting the payments firm to a USD $1.2bn valuation.

Integrated Quantum debuts AIQu VEIL, a quantum-resilient data layer letting enterprises run global AI on anonymised vectors, not raw data.

Rocket Software launches ContentEdge to give organisations safer GenAI access to sensitive unstructured data across hybrid environments.

Kani deepens its tie-up with TransactPay, adding Data-as-a-Service to streamline global payments data as the issuer ramps up scale.

Only 1% of FTSE AIM-100 firms have AI embedded in core operations, as poor data governance and weak strategy stall wider adoption.

Exactly.com trims processing fees after 23% turnover rise, targeting UK SMEs with local acquiring and lower-cost eCommerce payments.

8x8 expands Secure Pay globally, unifying compliant digital payments and AI-led outreach across its customer experience platform.

Data Privacy Day shifts focus from policy to proof, as firms embed control, resilience and design into complex hybrid data estates.

Over 70% of major retailers and nearly 60% of wholesalers have exposed credentials, leaving shared supply chains ripe for attack.

SEK turns to Scanmarket by Unit4 to centralise procurement data, tighten supplier compliance and cut risk in its regulated operations.

Major firms are leaving known, actively exploited cyber flaws unpatched for six months or more, sharply heightening breach risks.

DXC weaves Ripple and Euronet tech into its Hogan core platform, adding digital asset custody and blockchain payments for banks.

DXC to plug Euronet and Ripple into Hogan core system, adding issuing and payments tools for banks chasing faster digital rollouts.