Financial Services stories
More than 1,000 engineers and executives are expected in Warsaw as digital firms face mounting pressure to keep systems fast and reliable at scale.
AI-driven phishing and state-linked espionage are pushing Asia-Pacific incident numbers higher, with data breaches still the biggest threat.
The funding will help regulated finance firms monitor rapidly growing communications and trading data as AI-driven compliance risks intensify.
The funding will help Feathery expand software used by more than 300 financial firms to automate workflows and data sharing.
UnionPay cardholders in Azerbaijan will soon be able to pay at more merchants as Bir expands acceptance across its banking and eCommerce network.
The appointment gives the standards body board-level East African representation as it seeks deeper ties with African banks modernising systems.
The deal expands Pepper Advantage's Irish mortgage footprint and leaves Dilosk's ICS Mortgages brand in place under existing management until 2026 completion.
Most UK finance chiefs lack in-house expertise and feel pressure to prove AI returns quickly, despite governance controls lagging behind.
Her appointment comes as clients in regulated sectors face mounting pressure to strengthen cyber resilience and meet tougher oversight.
Rising AI and governance demands are leaving many senior data executives overstretched, with 40% saying they are close to burnout.
Switching rose 43% in Britain last quarter, adding pressure on banks to tailor offers as digital-only accounts neared half of households.
Businesses want clearer tax rules and broader training support as CIMA warns weak productivity could hold back UK growth.
Australia-based customers will soon get savings accounts and a credit card as Revolut commits nearly AUD $400 million to its local banking push.
Banks and insurers are scrambling for scarce regulatory experts as deadlines bite, even after cutting about 8,000 permanent roles this year.
The hire signals a push beyond tax pooling as the fintech widens its product suite for accountants and small businesses.
Its tokenised deposit push could gain wider reach after the Reno-based firm brought in a former Apple Pay and Cash App executive.
The insurer will use AI to speed reviews of adverts and website copy while keeping human sign-off under FCA Consumer Duty rules.
Customers can now start investing from GBP £1 as the comparison site broadens its app into wealth products and deepens ties with users.
Cross-border transfers and everyday checkout payments could become quicker and cheaper if digital records of assets are widely adopted.
Smaller member-owned insurers say stricter audit rules are draining funds that could be spent on services, growth and product development.