Financial Services stories - Page 48

A FICO survey reveals 70% of UK consumers rank fraud protection as a top priority when choosing banks, reflecting rising security concerns.

ELMO Software appoints Anne Tosky as Global Chief People Officer to lead people strategy amid expansion in Australia, New Zealand and the UK.

Azul and ActiveViam have launched a solution that cuts cloud analytics costs by up to 50%, enhancing performance for financial firms handling large-scale data.

BSI warns many UK and global firms lack robust AI governance despite rising investment, risking operational failures and reputational damage amid growing AI use.

DDoS attacks have surged to record peaks of 3.7 Tbps, driven by automation and shifting geopolitical sources, targeting sectors like higher education globally.

UK firms feel confident recovering from ransomware but face growing AI-driven risks and supply-chain vulnerabilities, reveals OpenText Cybersecurity survey.

IBM launches Digital Asset Haven, a secure blockchain platform for institutions, combining advanced custody features across 40+ blockchains from late 2025.

Ace launches as the first post-digital consultancy for financial services, advising on quantum computing and advanced AI beyond digital transformation.

Talkdesk expands its partnership with Databricks to unify customer data, enhancing AI-driven automation and personalised experiences on its CXA platform.

Small businesses are remediating critical cyber vulnerabilities faster than larger firms amid rising AI-assisted cyber threats, reveals Intruder's 2025 report.

Elemental Concept has launched a German office led by Georg Brunner to boost its expansion across Europe's largest ICT market, focusing on AI, cybersecurity, and cloud.

Sophos has unveiled ITDR, a new security solution integrating with its XDR and MDR platforms to tackle rising identity-based cyber attacks globally.

A study reveals most UK social media debt advice is misleading or unreliable, urging people to seek FCA-regulated, impartial financial guidance instead.

TISA urges the FCA to revise its targeted support rules, seeking clearer, more flexible guidelines to ease burdens on firms and prevent consumer confusion.

Rydoo leads Gartner's 2025 expense management report with a 95% user recommendation, thanks to its AI-powered software used by over 1 million customers globally.

Talkdesk enhances its Copilot with agentic AI, enabling customer service agents to handle complex queries through smarter, real-time support and automation.

Iron Mountain launches AI-powered InSight DXP platform to unify physical and digital data, boosting productivity and automating compliance for enterprises.

10x Banking appoints Philip Barnett as Executive Vice Chair to drive strategic growth and global expansion, focusing on Asia Pacific markets.

Only 25% of mid-market firms have fully deployed AI, yet stock valuations assume full adoption, revealing a gap between hype and reality in AI investment.

TISA supports HM Treasury and OFSI's reforms to create a fairer, more consistent sanctions enforcement system, encouraging early settlements and transparency.