Financial Services stories - Page 25

New research finds 85% of firms trial AI but only 17% use it daily, with weak knowledge governance blamed for stalled adoption.

TISA urges the FCA to consumer-test pension transfer rule changes and align them with DWP rules to avoid delays and inconsistent outcomes.

Paragon has acquired a majority stake in South Yorkshire outsourcing specialist Parseq from Parabellum, boosting its back-office and payments arm.

Aspire partners with early-stage investor Antler to capture global founders at inception, targeting a 2.3x jump in startup customers by 2026.

Ailanto partners with Cubbit to launch sovereign, canton-aware S3 cloud storage in Switzerland, targeting strict data residency needs.

The FCA will bring buy now, pay later under tougher UK rules from July 2026, forcing stricter checks and clearer protections for borrowers.

A new foundation has launched to study how AI is transforming real-world accounting and finance work, from tax and audit to advisory.

ORCA Opti touts defensible AI, rapid global expansion and a 2027 IPO as it targets regulated markets and warns most AI startups will fail.

Nium strengthens global payments push with new chiefs for risk, technology and marketing as AI, stablecoins and regulation reshape the sector.

Broken documents and file mix-ups are costing firms an average of USD $6,790 per employee each year, a new survey of US workers finds.

Christchurch AI startup Contented raises NZD $4.1m seed round to grow its meeting-minutes platform and push into Australia, UK and US.

Financial firms reap strong AIOps returns but poor data quality and fragmented tools are stalling the leap from pilots to scaled AI.

Kyndryl launches policy-as-code guardrails to keep agentic AI workflows governed, auditable and compliant in tightly regulated sectors.

QuSecure hires ex-Navy SEAL commander Brian Cunningham as EVP for strategy and growth to scale post-quantum cryptography adoption.

FDATA names Sumsub policy lead Kat Cloud to its board, signalling a sharper focus on identity, fraud and security in North American open finance.

Copilot Capital promotes Dave Sun to Partner and Zerxis Billimoria to Director as it sharpens focus on pan-European software investments.

IDnow hires former Ukraine digital minister Liudmyla Rabchynska to steer EU identity wallet and eIDAS 2.0 regulatory strategy.

Yaspa appoints payments veteran Justin Fraser as Chief Revenue Officer to drive global growth of its open banking and AI payments platform.

Ecommpay has been named in the CNBC/Statista Top 150 UK FinTechs, highlighting London's enduring strength as a global payments hub.

DigiCert hires Christian Stanford as EMEA Partner Chief, sharpening channel strategy amid rising digital trust and compliance demands.