Financial Services stories

Former Metro Bank CIO Louise Leavey urges banks to view technology as a continuous evolution, embracing AI and automation to enhance finance services and resilience.

Financial education will become compulsory for primary pupils in England, aiming to boost early money skills and tackle financial exclusion.

Global research finds IT and tech staff among the least motivated workers, scoring 70.8%, with finance sectors trailing lower; management consulting leads at 76.2%.

SunTec launches AI-driven account analysis tool to help US banks enhance pricing strategies, boost efficiency, and ensure transparent, compliant deal-making.

By 2026, AI will revolutionise banking and insurance, with over half of younger adults using generative AI for financial advice, says Forrester report.

Australian businesses list cyber attacks, regulatory changes and talent shortages as top risks for 2025, per Aon’s global risk survey highlighting local challenges.

A survey finds only 1.6% of UK firms fully ready for the Data Use and Access Act, with staff training the top concern amid fears of human error causing data breaches.

Canada's federal budget backs AI infrastructure, data sovereignty, and consumer-driven banking, aiming to boost small businesses and drive economic growth.

Canadian tech and finance leaders call for open banking reforms and streamlined regulations to boost innovation ahead of the federal budget announcement.

UK payment industry urges careful regulation review to avoid oversimplifying FCA and PSR roles, ensuring consumer protection and innovation thrive.

Backbase wins the 2025 Datos Impact Award for its AI-driven platform revolutionising wealth management with faster onboarding and personalised digital advice.

Interactive and Microsoft’s enduring partnership drives real digital transformation, helping businesses innovate and modernise with trusted, collaborative solutions.

Microsoft Azure's outage exposed security risks, disrupting key services used by UK organisations and sparking calls for a diversified, sovereign cloud strategy.

Revolut has launched an eight-week NZ campaign with All Blacks star Ardie Savea, highlighting its app’s global finance features and ease of use.

Equinix will invest GBP £3.9 billion in a new data centre campus in Hertfordshire, boosting the UK’s AI capacity and creating thousands of jobs.

MYOB wins the Australian Financial Review’s innovation award for its Solo app, helping 1.6 million sole operators manage finances and admin with AI tools.

Reflectiz has raised $22 million in Series B funding to expand its AI-driven web risk platform and establish a global HQ in Boston.

Banks are doubling AI budgets to 17% of IT spend by 2028, but only 20% have robust real-time data governance, reveals Tech Mahindra's global survey.

Fintech firms rush to adopt AI, with 65% using it despite cybersecurity lapses, highlighting the urgent need for robust guardrails to build trust and ensure safety.

Confluent’s Tableflow now integrates with Delta Lake and Databricks Unity Catalog, enabling real-time analytics and AI with governed data across multicloud environments.