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Financial Services Stories - Page 8

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Financial Services stories

US audit firms shift focus from AI adoption to oversight
Data Analytics

US audit firms shift focus from AI adoption to oversight

US audit firms are now scrutinising AI outputs more closely as adoption spreads and concerns over judgment and compliance persist.

By Shannon Williams • 4 min read • Last month
Industrial manufacturing tops Digitain cyber risk ranking
Firewalls

Industrial manufacturing tops Digitain cyber risk ranking

Factories face the highest cyber exposure, with industrial manufacturers hit by 1,567 attacks a week and 1,607 breaches a year, Digitain says.

By Shannon Williams • 4 min read • Last month
Fortinet report warns of widening cyber skills gap
Firewalls

Fortinet report warns of widening cyber skills gap

Rising breach costs and AI-driven threats are pushing 71% of large organisations to treat the cyber talent shortage as a direct business risk.

By Shannon Williams • 4 min read • Last month
Thunes & WireBarley launch real-time Korea payments
Fintech

Thunes & WireBarley launch real-time Korea payments

The tie-up gives 1.1 million WireBarley users faster transfers into South Korea as remittance demand there topped USD $7.45 billion last year.

By Karen Joy Bacudo • 4 min read • Last month
Banks struggle to move AI pilots beyond test stage
Digital Transformation

Banks struggle to move AI pilots beyond test stage

Poor data, ageing systems and tight regulation are leaving most bank AI projects stuck in pilots, despite heavy investment in the technology.

By Karen Joy Bacudo • 5 min read • Last month
Backbase named Forrester leader & customer favourite
Software-as-a-Service

Backbase named Forrester leader & customer favourite

Banks seeking to cut fragmentation may see Backbase's Forrester nod as validation that its AI-native platform can unify front-office work.

By Shannon Williams • 4 min read • Last month
InDebted founder steps back as chief executive search begins
Fintech

InDebted founder steps back as chief executive search begins

The debt collection software group is seeking a new chief executive after revenue rose 52% and monthly profitability hit a record.

By Mark Tarre • 4 min read • Last month
SAS launches AI supply chain agent in industry push
Gaming

SAS launches AI supply chain agent in industry push

Retailers and manufacturers could get near real-time planning help as SAS opens a private preview of a supply chain agent.

By Joseph Gabriel Lagonsin • 4 min read • Last month
SAS marks 50 years with focus on trusted AI growth
Data Analytics

SAS marks 50 years with focus on trusted AI growth

Its anniversary highlights a push to win AI customers wary of opaque systems, with Viya pitched on governance, transparency and human oversight.

By Joseph Gabriel Lagonsin • 4 min read • Last month
SAS launches Quantum Lab as firms weigh AI barriers
Unified Communications

SAS launches Quantum Lab as firms weigh AI barriers

Practical use, not price, is now the main hurdle for quantum AI adoption, as SAS readies a tool for Viya customers later this year.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Stories from Other Regions

Financial Services stories

Vernon Building Society taps FintechOS for mortgage overhaul
Digital Transformation

Vernon Building Society taps FintechOS for mortgage overhaul

Borrowers and brokers could see faster mortgage processing as Vernon Building Society adds a new digital layer without replacing core systems.

By Karen Joy Bacudo • 4 min read • Last month
LemFi names London global HQ in GBP £100m UK pledge
Fintech

LemFi names London global HQ in GBP £100m UK pledge

London will host LemFi's global operations as the fintech plans to hire more staff and expand compliance after pledging GBP £100 million in the UK.

By Karen Joy Bacudo • 4 min read • Last month
Generative AI raises cyber risk in machine learning
Data Protection

Generative AI raises cyber risk in machine learning

Businesses face higher odds of cyber-attacks and unfair decisions as researchers warn generative AI can hide flaws in machine learning systems.

By Sean Mitchell • 4 min read • Last month
NCR Atleos renews Castle Leisure ATM deal at 11 venues
Fintech

NCR Atleos renews Castle Leisure ATM deal at 11 venues

Free-to-use cash access will stay available at Castle Leisure’s UK venues as the operator renews outsourced management of 22 ATMs.

By Karen Joy Bacudo • 3 min read • Last month
UK financial planners see AI boosting efficiency, not cuts
Digital Transformation

UK financial planners see AI boosting efficiency, not cuts

Most firms expect AI to streamline admin and planning support, while only 3% plan staff reductions this year, a survey shows.

By Karen Joy Bacudo • 4 min read • Last month
Bloomberg launches 36 Australian equity benchmarks
ASX

Bloomberg launches 36 Australian equity benchmarks

The new suite gives Australian investors local share benchmarks with franking-credit variants, widening Bloomberg's index business beyond fixed income.

By Karen Joy Bacudo • 3 min read • Last month
Retail tops Australia’s customer service contacts
Unified Communications

Retail tops Australia’s customer service contacts

Poor service is driving customers away, with 45% of Australians saying one bad retail interaction would make them avoid a retailer.

By Kaleah Salmon • 4 min read • Last month
Modulus Labs cuts incident response time by 40% with Datadog
Virtualisation

Modulus Labs cuts incident response time by 40% with Datadog

Payment failures now surface in seconds for Modulus Labs after it unified monitoring and security, cutting resolution time by more than 40 per cent.

By Mark Tarre • 3 min read • Last month