Financial Services stories - Page 55

SS&C will acquire Calastone for £766 million, expanding its global fund technology network and boosting services in wealth and asset management.

Caxton appoints Henry Allen as new CFO to drive growth and digital expansion in travel money and corporate payment services markets.

DXC Technology unveils AI-driven platform, DXC Assure Illustrations, to speed up and personalise life insurance policy projections globally.

Pipe has launched four AI agents to speed up small business funding, automating fraud checks and payments to cut decision times from weeks to minutes.

DXC Technology launches Assure Illustrations, an AI-driven platform to simplify personalised life insurance projections for advisors and customers globally.

Fortinet's FortiOS 7.6 update introduces quantum-safe encryption, helping firms safeguard data against future quantum computing threats at no extra cost.

Most financial firms in EMEA admit data resilience gaps six months after DORA, with 96% acknowledging need for improvements to meet new EU rules.

Saviynt and AWS collaborate to embed AI-driven identity security in Amazon Q Business, enhancing enterprise security and compliance in regulated sectors.

Data Squared partners with Neo4j to deliver AI systems with 99% accuracy, ensuring verifiable, transparent results for government and private sectors.

UK eCommerce faces rising fraud threats in 2025 as tighter regulations under the Economic Crime and Corporate Transparency Act come into effect.

F5 and MinIO have partnered to enhance secure, high-performance AI data pipelines across edge, cloud and on-premises platforms for diverse industries.

Ataccama ONE v16.2 uses AI to simplify data lineage, helping businesses understand and trust their data with clear, user-friendly views and secure metadata extraction.

BioCatch has launched Scams360 to help UK banks cut social engineering scam losses, which reached £450 million in 2024, using advanced behavioural biometrics.

Appian has named David Crozier as its Chief Marketing Officer from July 2025, leveraging his tech marketing expertise to boost global growth.

LogicMonitor has launched Edwin AI on AWS Marketplace, enabling IT teams to automate incident management and boost operational efficiency in ITOps.

A new study reveals AI is evolving from an adviser to a core architect in enterprise decision-making, enhancing transparency and accountability across sectors.

UK universities and insurers have launched a GBP £2 million project to develop insurance products addressing risks from commercial artificial intelligence use.

Baemingo launches a lending arm offering up to EUR €50,000 to struggling European restaurants facing inflation and labour shortages pressures.

Celonis has appointed Dilipkumar Khandelwal as Chief Customer Officer and India Advisory Board Chairman to boost global AI-driven customer success.

TCS reported USD $7,421m revenue in Q1 FY26, highlighting gains in AI and cybersecurity despite a slight year-on-year revenue decline.