Financial Services stories
Policy should focus on technology inside new data centres, as an expert says smarter regulation could curb power and water strain while supporting AI growth.
Organisations facing tougher compliance checks in Australia and New Zealand can now swap spreadsheet risk logs for AI-guided assessments and reports.
Boards and regulators are being urged to prove critical services can hold up as frontier AI speeds attacks and shortens response times.
Enterprise buyers and defence contractors will get a clearer route to certification as Kobalt.io broadens its North American security network.
The expanded multi-year deal aims to help Adobe win and retain enterprise customers by pairing its software with Stagwell's marketing services.
The switch is meant to cut outage response times and keep observability costs from rising as the betting group expands across three markets.
Verified records can sharpen lending, fraud and compliance decisions, while enrichment on faulty customer data can simply scale the errors.
Shareholders are being offered a 53% premium as the private equity firm's bid values the communications provider at GBP £1.079 billion.
Enterprises running AI agents in private clouds are getting stricter controls as Broadcom seeks to curb data leakage, prompt injection and compliance risk.
Gross margin climbed to 51% as Novatti shed lower-margin businesses, helping it swing to AUD $2.0 million EBITDA and near break-even operations.
The three winners cut manual work, sped up deployments and bolstered resilience across transport, defence research and banking in Australia and New Zealand.
Progress remains patchy in cybersecurity, where women still hold just about 22% of jobs and senior gaps persist despite rising demand.
The validation could let finance teams automate more card reconciliation work without exposing cardholder data, easing manual backlogs.
More than 90 credit union and community bank leaders weighed AI's efficiency gains against fraud and service risks at Eltropy's summit.
Its push into operational AI comes as about half of last year's revenue already came from machine learning and real-time data workloads.
The new post formalises Centeca's AI work as it expands generative tools across finance, retail and compliance, while keeping tighter control on risk.
Banks are under pressure to prove anti-money laundering controls after FCA fines topped GBP £300 million since 2021.
Victims are being left to fend for themselves as fraud becomes industrialised, with many still blaming themselves after scams.
The turnaround was driven by surging customer receipts and cash inflows, though auditors still expect to flag a going-concern uncertainty.
Most financial firms using AI still lack proper risk checks, prompting fresh guidance as regulators warn oversight is lagging.