Financial Services Stories - Page 2

Global Stories

Financial Services stories

Insurers face cyber & climate loss surge, NTT DATA says

Uninsured cyber and climate claims are widening a gap that could leave insurers exposed to more than USD $700 billion in losses by 2030.

By Sofiah Nichole Salivio • 3 min read • 2 days ago

Digital Transformation

Ascendion named ISG leader in digital engineering report

The ranking reflects rising demand for AI services that can modernise legacy systems without disrupting operations in regulated industries.

By Sean Mitchell • 4 min read • 2 days ago

Digital Transformation

TCS teams up with Anthropic on Claude for enterprises

The tie-up aims to help regulated firms move generative AI from pilots into production, while training 50,000 TCS staff on Claude.

By Mark Tarre • 4 min read • 2 days ago

Fintech

ACI Worldwide to host EMEA payments summit in London

Senior payments executives will debate fraud, instant transfers and AI-led commerce as Europe faces pressure to reduce dependence on non-European rails.

By Karen Joy Bacudo • 4 min read • 2 days ago

eCommerce

World Cup sites lag as fan pages load in six seconds

Fans are already waiting nearly six seconds for federation sites, exposing digital weaknesses that could hurt engagement and revenue at World Cup 2026.

By Sean Mitchell • 4 min read • 2 days ago

Manufacturing

DXC launches engineering unit to boost AI-led services

The move aims to speed up software-defined operations for banks, carmakers and manufacturers as AI takes a bigger role in engineering.

By Sofiah Nichole Salivio • 3 min read • 2 days ago

Software-as-a-Service

Genesys Cloud ARR hits USD $2.8 billion as AI demand rises

Rising enterprise spending on AI helped push Genesys Cloud annual recurring revenue to USD $2.8 billion, with international sales nearing 45%.

By Sofiah Nichole Salivio • 4 min read • 2 days ago

Malware

Infoblox finds residential proxies rife in business networks

More than 65 per cent of Infoblox customers were found querying domains linked to residential proxy networks, widening risks for defenders.

By Sean Mitchell • 4 min read • 3 days ago

Hybrid Cloud

Financial firms face shadow AI risk, Nutanix finds

Most financial institutions now see unsanctioned AI use as a business risk, with 86% of IT executives warning of weak oversight.

By Sean Mitchell • 4 min read • 3 days ago

Software-as-a-Service

GitLab launches managed Google Cloud offer for firms

Regulated firms can now run GitLab's DevSecOps platform on Google Cloud with partner management, tighter data residency controls and new Gemini models.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago

DevOps

Komodor adds AI tools to cut Kubernetes cloud waste

The new features promise to curb Kubernetes cloud spending by spotting stranded capacity that blocks cluster consolidation and auto-scaling.

By Mark Tarre • 3 min read • 3 days ago

DevOps

Liquibase Secure adds AI governance for database changes

AI-written database changes can now be checked and traced before deployment, as Liquibase Secure 5.2 targets production risk and audit gaps.

By Sofiah Nichole Salivio • 4 min read • 3 days ago

Software-as-a-Service

Conga study finds AI adoption outpaces CLM governance

Most firms lack formal AI policies for contract management, leaving legal and compliance teams exposed as adoption races ahead.

By Sofiah Nichole Salivio • 3 min read • 3 days ago

Stories from Other Regions

Financial Services stories

Digital Transformation

UK SMEs turn to AI before accountants, survey finds

Seven in ten SMEs now act on AI financial advice before calling accountants, as many expect software to soon handle compliance work too.

By Karen Joy Bacudo • 3 min read • 2 days ago

Fintech

Multiverse opens Edinburgh hub with ex-Amazon AI chief

The training firm plans 200 hires as it broadens UK engineering beyond London and pushes deeper into AI products after fresh funding.

By Sean Mitchell • 4 min read • 2 days ago

AI Security

Cosine assembles UK coalition for sovereign AI model

UK banks, defence contractors and telecoms groups are backing a homegrown AI model designed to run inside customers' own systems.

By Sean Mitchell • 5 min read • 2 days ago

DevOps

Scale Factory merger targets UK AI projects gone live

UK businesses struggling to push AI pilots into production will get onshore support from a merged consultancy focused on delivery, quality and security.

By Joseph Gabriel Lagonsin • 4 min read • 2 days ago