Financial Services stories - Page 51

ANNA Money used an AI agent to fully register a UK business account online, completing all identity checks and payments autonomously in a groundbreaking test.

UK organisations face urgent data protection reforms as the Data (Use and Access) Act 2025 introduces stricter rules and higher ICO enforcement powers.

AI crawlers now account for 80% of bot traffic, with Meta leading, placing huge strain on web resources and raising concerns over data bias and security risks.

Zoom has integrated its AI Virtual Agent with Zoom Phone, launched Zoom Hub, and enhanced AI tools to streamline meetings and workplace collaboration worldwide.

Smart has secured a GBP £60 million credit facility to expand its UK retirement savings platform amid rapid market consolidation.

Cloudera thrives on AI and hybrid cloud growth, aiding clients in regulated sectors while balancing innovation and cost across global markets.

Aerospike launches expression indexes to boost AI workload efficiency, cutting memory use and speeding queries in real-time NoSQL database applications.

MetaComp has completed the first cross-border payment using its CNT Carbon Stablecoin, enabling same-day EUR to CNH settlement with embedded carbon credits.

Alison Young has been appointed CEO of Kansys, tasked with driving growth and integrating AI to enhance its billing and financial solutions across industries.

NTT DATA and Google Cloud partner globally to fast-track agentic AI adoption, co-developing cloud-native solutions for sectors like banking and healthcare.

Marqeta has acquired UK-based TransactPay to enhance card programme services, expanding its reach across the UK and European Union markets.

Fintech firm Rillet secures USD $70 million to boost its AI-driven accounting platform, aiming to modernise ERP systems and accelerate financial processes.

Emerging cyber threats in 2025, including AI-driven attacks and ransomware, target healthcare and industry, with breach costs soaring to USD $5.3 million.

Kerv has launched Guardian Assurance to help regulated firms like financial and legal services improve compliance and recording of communications.

Triple Point's Private Credit team has backed Pelican Capital's investment in cloud optimisation firm Capacitas via a senior loan, enabling growth plans.

Acuity Knowledge Partners teams up with Databricks to offer enhanced AI and data solutions to over 650 financial firms worldwide, boosting analytics and automation.

HelixML launches Helix 2.0, enabling enterprises to deploy AI agents on private infrastructure in just eight weeks, cutting costs by up to 75%.

Cinven acquires majority stake in Smart Communications to boost global growth and innovation in regulated sectors using its cloud-based customer communication platform.

Red Hat is named a leader in Forrester's Q3 2025 report for multicloud container platforms, praised for reliability, support, and advanced Kubernetes capabilities.

Cytora has become one of the first firms to earn ISO/IEC 42001 certification, affirming its commitment to responsible AI governance in insurance technology.