Financial Services stories - Page 46

The Investing and Saving Alliance supports SMCR reforms designed to ease regulatory burdens and enhance conduct standards in UK financial services.

TISA calls for transparency and proper consultation in FCA's proposed reforms to the Financial Ombudsman Service, warning of risks from unchecked regulatory powers.

HCLTech has joined forces with GSMA to advance the Open Gateway initiative, enabling telecom operators to monetise networks using standardised APIs globally.

DBS has been named the World's Best AI Bank, recognised for its innovation and responsible AI use across retail and corporate banking services.

Global banking AI spend is forecast to hit USD $67bn by 2028 as firms focus on responsible adoption to drive strategy, innovation and risk management.

Salesforce teams up with Stripe and OpenAI to launch AI-powered Instant Checkout, enhancing personalised shopping and speeding up online purchases for retailers.

UK finance firms face rising risks as Windows 10 support ends; 90% carry technical debt with legacy systems hindering innovation and security efforts.

Salesforce and Anthropic have deepened their AI partnership to deliver secure, industry-specific tools for finance, healthcare, and other regulated sectors.

TrunkBBI appoints Matt Holmes as Performance and Innovation Strategy Director to enhance AI-driven client services and agency growth.

Rubrik has been named a Leader in the IDC MarketScape 2025 report for its advanced AI-driven cyber-recovery and identity resilience solutions.

Hyland launches AI-powered content management tools to help European enterprises enhance compliance, unify data, and boost automation across industries.

Stacks launches an AI platform using agentic technology to streamline finance workflows, cutting financial close times by 50% for accounting teams.

With Microsoft ending Windows 10 support on 14 October, UK businesses face amplified cyber risks and operational challenges, especially in critical sectors.

AI deployment delays are increasing by up to 12 months as 75% of firms face data security breaches and accuracy issues, hindering progress globally.

Omnissa unveils Secure Access Suite in partnership with Google, strengthening browser-based protection for SaaS and web applications across industries.

A global shortage of cyber experts and rising AI use are driving cyber breach costs above USD $1 million for over half of organisations in 2024, says Fortinet.

FE fundinfo launches Nexus AI, an AI tool enhancing compliance, data management and reporting to boost efficiency for UK investment professionals.

Ecommpay teams up with humm to offer flexible finance up to GBP £3,000 for UK merchants, boosting sales in travel and high-value retail sectors.

Tata Communications unveils Voice AI platform for real-time, multilingual fintech chats, enhancing speed, security, and seamless automation in financial services.

Almaviva and Fabrick will develop the European Central Bank's Digital Euro app in a EUR €153M deal, aiming for secure digital payments across the EU.