Financial Services stories - Page 50

Ecommpay is a finalist in three categories at the 2025 Women in Tech Employer Awards, celebrating its commitment to inclusivity and diversity in tech.

Ecommpay's new open banking solution boosts The Money Platform's flexibility and transparency, enabling millions of secure, low-cost peer-to-peer loan transactions.

JP Morgan's new fees for fintech API access spark debate, highlighting differences in US and European banking data revenue models under PSD2 rules.

Card fraud losses in Europe rose to EUR €1,578 million in 2024, with the UK leading both total and Card Not Present fraud losses amid evolving crime tactics.

Ecommpay won the Special Judges Award at the Financial Services Forum 2025 for its innovative Payouts via Hosted Payment Page solution enhancing secure payments globally.

SAS has been named Market Leader in AI-driven fraud and AML case management, praised for its stable platform and advanced cloud-native AI features.

Binance has named SB Seker as Head of Asia Pacific to lead strategic growth and regulatory cooperation across the region's dynamic crypto markets.

TISA warns current rules limit Targeted Support reach to just a quarter of consumers, urging legal changes to help more vulnerable customers effectively.

NeoDay partners with T-Systems to offer a GDPR-compliant loyalty platform on the Open Telekom Cloud, enhancing data sovereignty across Europe.

Gartner names Daon a Leader in identity verification, citing its advanced biometric tech and AI defences against rising deepfake fraud threats worldwide.

Nearly 73% of global firms now use AI in cybersecurity, tackling rising threats as nearly all plan AI-driven security investments this year.

Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.

Ataccama research reveals enterprises average 42/100 in data trust, risking AI progress and regulatory compliance due to poor data quality and governance.

Retail leads AI satisfaction in EMEA with 96% success rate, while healthcare outspends all sectors but faces challenges, says Lenovo's CIO Playbook 2025 study.

Hyland partners with AWS to enhance its Content Innovation Cloud, boosting AI-driven content management and accelerating global enterprise adoption.

EnterpriseDB's AI platform helps datacentres slash carbon emissions by up to 87% and energy use by 81%, cutting costs while maintaining performance.

Most UK banking leaders are frustrated by 'cloudwashing' as 57% say core banking systems touted as cloud-native aren't genuinely so.

Cyberattacks on the financial sector have surged 25% in 2024, with phishing leading and nearly half of employees prone to clicking malicious links.

Financial firms face a 25% rise in cyberattacks in 2024, with supply chain breaches and AI-driven phishing posing major risks, says new KnowBe4 report.

The FCA's review highlights progress and challenges in UK pension transfers, urging balance between speed, efficiency and consumer protection from scams.