Financial Services stories
Asian firms want faster FX hedging, but weak bank API links could slow automation in treasury systems despite rising AI adoption.
The cyber security company is bolstering its leadership bench as it expands AI-related work and scales its workforce.
Enterprise teams are exposing data and workflow systems as AI agents spread without approval, leaving most tools outside IT control.
Enterprises weighing autonomous AI controls now have a former HSBC security chief on Token's board as it targets risky agent actions.
Poor data can make sanctions and identity checks miss real risk, leaving banks open to penalties, remediation costs and reputational damage.
Banks can now use Google's new AI tools for regulated research and risk work, with audit trails and controlled data access in preview.
Wealth advisers will get daily briefings and AI-led workflow support as Practifi splits its platform into two products, Sentir and Naya.
Small business borrowers could get approvals in minutes as the platform cuts manual checks for banks and lenders processing applications.
Households could benefit from payment plans that match irregular incomes, as energy suppliers seek to curb rising arrears and debt.
Property borrowers could tie up over GBP £1 million more in equity on a single deal if they fail to compare specialist lenders.
Rising complaint volumes and fines of up to GBP £17.5 million are pushing financial firms to automate data access requests under UK GDPR.
The move will let Plum simplify its UK investing setup and add funds, stocks and exchange-traded funds through a single platform.
Private equity buyers are valuing managed service providers on recurring revenue and gross margins as AI uncertainty slows technology dealmaking.
The tie-up could help institutional investors cut settlement friction as the pair test tokenised assets and digital cash for superannuation operations.
Enterprises seeking tighter control over sensitive workloads now have a new option as Rackspace rolls out a managed VMware cloud for regulated sectors.
An oversubscribed second fund lifts assets under management past USD $60 million as the firm targets early-stage fintech and AI deals.
Canadian government and critical service operators gain more control over data and systems as Cisco expands its sovereign technology push.
The hire underscores a sector-wide scramble to attract staff who can bridge artificial intelligence tools and human-led security work.
Investment fell by more than 40 per cent year on year as Canadian fintech deals shrank to 47, despite a second-quarter rebound.
Legal teams could tap governed case files and precedent inside Gemini Enterprise for Legal, reducing compliance risks from copied data.