Financial Services stories
AI-powered 'Truman Show' scam uses OPCOPRO app and fake trading rooms in official stores to steal cash and victims' digital identities.
Concentric AI launches Private Scan Manager on Azure, letting regulated sectors keep sensitive data in private cloud while using SaaS tools.
Horizon3.ai names veteran marketer Andres Botero CMO to spearhead global expansion after a USD $100 million funding boost.
Accenture to acquire UK AI specialist Faculty for USD $1bn, in its biggest British AI startup deal and a major bet on AI safety expertise.
Vertiv flags higher voltage power, digital twins and liquid cooling as critical trends reshaping AI-ready data centre design worldwide.
Marqeta has hired veteran payments executive Patti Kangwankij as CFO, completing a leadership reshuffle under chief executive Mike Milotich.
AI, data and 'governance intelligence' set to transform private markets as regulators, LPs and retail investors demand real-time transparency.
Kiteworks and Concentric AI join forces to tie AI-driven data discovery to automated controls on sensitive information shared externally.
Mastercard and TerraPay team up to let mobile wallet users tap and pay at over 150 million Mastercard contactless locations worldwide.
An Indian inventor has built a mechanical ATM 'Burglar Trapping System' that drops a ceiling grill to cage raiders until police arrive.
iProov and HYPR integrate liveness checks with passwordless login to stop deepfake workers infiltrating enterprises at onboarding.
Enreach and Cataleya team up to launch a white-label UCaaS platform for APAC service providers, targeting booming cloud comms demand.
Sertis teams with data centre pioneer Toto Sugiri to launch an Indonesia-based AI and data venture targeting key growth sectors.
Rapid Loans names Kane Jones CEO and Lois Zhang CFO as founder Russell Birse becomes executive chair amid tighter lending regulation.
UK firms step up FX hedging as sterling's sharp swings hit earnings, with more businesses extending hedge lengths and raising cover.
Mphasis appoints tech and banking veteran Punit Sood as independent director to bolster its AI-led push into global finance clients.
Credit card fraud now has the UK's highest repeat-offending rate, with 23% of perpetrators striking again as schemes grow more organised.
Australia's Cybersecurity Act drives a surge in breach reporting as attacks soar, exposing rising business losses and tougher penalties.
Karmo's car subscriptions join Commonwealth Bank's Cars for CommBank marketplace, offering flexible access to petrol, hybrid and electric cars.
Nearly half of US small firms have suffered cyber attacks in five years as many still rely on untrained staff and weak defences to cope.