Financial Services stories
The first settlement cycle in the new environment processed nearly 2 million FX trades worth more than USD $9 trillion, testing its resilience.
Weaker bookings weighed on Wipro's outlook even as the IT outsourcer lifted margins and generated ₹53.0 billion in operating cash flow.
The new post is meant to unify Smarsh's sales and customer teams as the software group pushes further into regulated markets overseas.
Financial, healthcare and public-sector organisations face less immediate pressure after a disruption effort hit a phishing network sending more than 1 billion malicious messages.
The new range lets organisations run AI agents on local hardware or in-house servers, cutting reliance on cloud services for sensitive tasks.
The hire strengthens IGEL's push into government and critical industries, as it seeks to turn US defence Zero Trust lessons into commercial endpoint security.
The hire comes as the firm expands overseas and steps up work on cyber controls, data governance and AI oversight across its platforms.
Banks are using payment cards as trust anchors to link onboarding, wallet enrolment and fraud checks without adding more customer friction.
The hire signals a push into acquisitions and new financial services products as the payments group broadens beyond dispute management.
Banks are testing secure ways to collect expired payment cards and turn the recovered plastic into new products, benches and pellets.
Financial firms can now assess privacy-preserving AI tools faster as DataMasque joins MAS's PathFin.ai library to mask sensitive customer data.
The rollout lets bankers use AI on sensitive client work while keeping data inside Deutsche Bank's own technology environment.
The upgrade gives the consultancy stronger standing as enterprises move AI from pilots into production, with more than 50 Claude projects under way.
Policyholders could save thousands as Float says hidden commissions of 15% to 25% and admin-heavy renewals are inflating premiums.
A months-long detection gap has exposed how AI agents and other non-human identities can reach sensitive systems before anyone notices.
The deal lets KOHO speed up new launches for its 2.5 million Canadian members while keeping app control and outsourcing back-end lending work.
The deal expands Anthropic's Asia-Pacific footprint and gives Singapore closer access to its AI safety and model-testing expertise.
Eligible firms will be able to link stablecoin balances to Visa cards in over 100 markets as StraitsX expands beyond Asia.
The merger will leave MyState with one core banking system, reducing complexity and supporting digital services across the combined lender.
The bank expects the new tools to double colleague productivity in early funding and discharge checks, while staff keep final oversight.