Financial Services stories - Page 58

The OpenID Foundation will showcase global digital ID interoperability with ten teams and government reps from three regions in an upcoming webinar.

Acuity Knowledge Partners launches Agent Fleet, an AI platform designed to boost efficiency for banks, asset managers and private equity firms without more staff.

FICO's UK report warns of rising first-party fraud amid financial strain, as average credit card balances grow and missed payments increase year-on-year.

Research finds that 56% of organisations face costly software risks due to mismatches between documented architecture and production reality amid growing AI-driven development.

Anetac launches Human Link Pro, unifying human and non-human identity management with AI to combat rising security risks amid workforce shifts globally.

NetFoundry has raised USD $12 million in venture capital led by SYN Ventures, advancing its military-grade software-defined secure networking platform.

A study reveals 71% of global CFOs struggle to monetise AI despite recognising its critical role, with only 29% having effective revenue models in place.

Cybit appoints Marc Pawson as Sales Director to boost market expansion and build strong client partnerships in data intelligence and AI-driven sectors.

Lloyds Banking Group boosts lending with FICO Platform, enhancing operations and approving more credit as it migrates to cloud-based infrastructure.

MultiSafepay boosts European SME merchant base by 11% and transaction volumes by 44% post-integration with Antom, enhancing payment solutions across sectors.

Kiteworks has revealed its report on the top data breaches of 2024, highlighting the increasing importance of data sensitivity in assessing breach severity.

A staggering 51% of all web traffic now comes from automated bots, with malicious activity on the rise, according to the 2025 Imperva Bad Bot Report by Thales.

The UK banking sector ranks as the most trusted for sharing personal data, yet just 51% of consumers show confidence, revealing significant generational divides.

Pismo appoints Vishal Dalal as global CEO and Rodrigo Melato as Chief Commercial Officer amid plans for customer-centric growth and international expansion.

Banked has acquired UK app VibePay to boost Pay by Bank with new incentives, expanding presence in UK, US, Australia, and accelerating global adoption.

Meta1st upgrades its Analyse1st and Learn1st to enhance cyber risk defence and help financial firms comply with DORA, boosting real-time email threat detection.

Creatio has appointed Gareth Whiting as Senior Vice President of Sales in Europe to bolster its expansion, amid growing demand for AI-driven solutions.

A study by SS&C Blue Prism reveals that only 44% of organisations have the necessary data systems for next-gen AI, with 94% highlighting process orchestration's importance.

Fraud cases in the UK surged by 12.5% in 2024, with identity fraud now comprising 59% of reports, highlighting a worrying trend in cybercrime tactics.

A study by e2e-assure has revealed significant gender differences in perceptions of cyber security responsibility among over 1,000 employees across key sectors.