United Kingdom (UK) stories - Page 140

Over 70% of UK firms struggle to utilise data effectively, with many hoarding it unanalyzed, hindering their transition to a data-driven model, new research suggests.

Research reveals an 8% rise in sick leave within the professional, scientific and technical activities industry in 2023, according to Access PeopleHR.

AI-backed financial intelligence platform, Bridgewise, secures $21m from its series A funding round led by SIX Group to fuel its global reach in securities analytics.

Sharp UK partners with Gamma Communications to enhance telephony services in anticipation of the ISDN/PSTN switch-off, focusing on seamless transition to VoIP for clients.

Hokodo, London's European digital payment terms provider, secures GBP £100m debt facility from global investor Viola Credit to support over GBP £1.5bn in B2B transactions across Europe.

Keepit has launched two new data centres in Switzerland, offering secure, addressing the surging demand for Backup-as-a-Service and data recovery.

GitHub's Innovation Graph update shows a global increase in AI tools and exploration of lesser-known programming languages.

Westcon-Comstor partners with AudioCodes to enhance Unified Communications as a Service (UCaaS) and Contact Centre as a Service (CCaaS) offerings, aiming to boost recurring revenues for their partners.

Wolters Kluwer partners with BDO UK to simplify BEPS Pillar Two tax reporting compliance for multinational enterprises through CCH Integrator platform.

Evestico significantly boosts its Trusted Fulfilment Partner network, reaching all Top 10 global eCommerce markets, offering international businesses streamlined operations.

After the Glasgow Wonka scandal, one third of UK business leaders are backing away from AI tools, while over half consider implementing an AI code of conduct, according to a recent survey.

Global predictive maintenance market to hit USD $45.5 billion by 2032, driven by digitisation of industries and urbanisation trends, says Fact.MR.

Ecommpay expands market reach in the UK and Europe, forecasting a 44% growth, by integrating Bacs and SEPA Direct Debit capabilities via GoCardless, enriching their payment suite for FinTech and eCommerce merchants.

UK business expenses surged 24% in FY 23/24, double the inflation rate peak, largely driven by increased costs in air travel, entertainment, and car hire, according to SAP Concur.

Embedded finance provider, Paynetics, acquires UK's leading impact neobank, Novus, to strengthen environmental, social, and governance objectives.

The unchecked use of Zombie APIs in businesses has underscored a rising cybersecurity threat, with attackers exploiting these neglected interfaces and costing firms up to $75bn annually.

BioCatch warns of increasing trend of fraudsters using AI to personalise scams across Europe, with digital fraud and financial crime escalating. Meanwhile, the UK sees notable drop in voice scams.

30% of C-level executives consider AI-led cyber threats their top concern, prompting an uptick in cybersecurity hiring and investment in preventative measures.

Brivo's 'Top Global Security Trends (2024)' report unveils key changes in global security teams, including increased incorporation of new tech, the expanding role of the CSO, and anticipation of AI's influence.

Fintech firms Paysend and Currencycloud expand partnership, aiming to extend Paysend's global services and boost its foreign exchange capabilities, potentially benefiting customers worldwide.