Financial Services stories - Page 61

Cybit appoints Marc Pawson as Sales Director to boost market expansion and build strong client partnerships in data intelligence and AI-driven sectors.

Lloyds Banking Group boosts lending with FICO Platform, enhancing operations and approving more credit as it migrates to cloud-based infrastructure.

MultiSafepay boosts European SME merchant base by 11% and transaction volumes by 44% post-integration with Antom, enhancing payment solutions across sectors.

Kiteworks has revealed its report on the top data breaches of 2024, highlighting the increasing importance of data sensitivity in assessing breach severity.

A staggering 51% of all web traffic now comes from automated bots, with malicious activity on the rise, according to the 2025 Imperva Bad Bot Report by Thales.

The UK banking sector ranks as the most trusted for sharing personal data, yet just 51% of consumers show confidence, revealing significant generational divides.

Pismo appoints Vishal Dalal as global CEO and Rodrigo Melato as Chief Commercial Officer amid plans for customer-centric growth and international expansion.

Banked has acquired UK app VibePay to boost Pay by Bank with new incentives, expanding presence in UK, US, Australia, and accelerating global adoption.

Meta1st upgrades its Analyse1st and Learn1st to enhance cyber risk defence and help financial firms comply with DORA, boosting real-time email threat detection.

Creatio has appointed Gareth Whiting as Senior Vice President of Sales in Europe to bolster its expansion, amid growing demand for AI-driven solutions.

A study by SS&C Blue Prism reveals that only 44% of organisations have the necessary data systems for next-gen AI, with 94% highlighting process orchestration's importance.

Fraud cases in the UK surged by 12.5% in 2024, with identity fraud now comprising 59% of reports, highlighting a worrying trend in cybercrime tactics.

A study by e2e-assure has revealed significant gender differences in perceptions of cyber security responsibility among over 1,000 employees across key sectors.

Ecommpay has been named a finalist in the ICA Compliance Awards Europe 2025 for its innovative Risk Control Management System developed with Cable.

Capgemini has teamed up with Google Cloud to develop innovative AI solutions designed to enhance customer experiences across multiple sectors.

Deloitte has expanded its partnerships with Google Cloud and ServiceNow, unveiling over 100 AI agents aimed at revolutionising client operations across multiple sectors.

Despite a downturn in startup salaries, AI founders are thriving, earning a median of USD $90,000—20% above the industry average, as AI startups surge.

Google Cloud and United Wholesale Mortgage have launched a partnership to modernise mortgage lending, harnessing AI to streamline processes and enhance client experiences.

A recent report by LRN reveals that financial services firms are grappling with ethics and compliance, highlighting a troubling gap in decision-making across leadership levels.

The UK is positioning itself as a leader in artificial intelligence, with 81% of large organisations reporting increased revenue thanks to improved data management.