Financial Services stories - Page 35

Bedrock Data has raised USD $25 million to enhance its AI-native data security platform, addressing risks in cloud and AI data protection for enterprises.

Rackspace Technology launches AI Launch Pad, a private-cloud service to help businesses overcome AI adoption challenges and boost returns across sectors.

Cayosoft launches Guardian SaaS, a cloud service for hybrid Microsoft Active Directory and Entra ID protection, offering real-time monitoring and automated recovery.

Conductor's new report reveals AI tools like ChatGPT are reshaping digital brand visibility, with AI-driven search now influencing discovery across key sectors.

Ataccama and Cognizant unveil ONE Bridge, cutting data platform migration time by 40% and easing compliance with automated workflows.

Nutanix will soon support Microsoft Azure Virtual Desktop on premises via its AHV hypervisor, enabling hybrid deployment with cloud management and security.

Rackspace Technology appoints Lata Varghese and Phani Kishore Burre as Senior VPs to boost AI, cloud services and business transformation efforts.

AI-driven deepfakes are fuelling a global surge in fraud, with 77% of anti-fraud experts reporting increased incidents and 83% expecting further rises soon.

AI adoption lags in regulated sectors like healthcare and finance, hindered by strict compliance demands unlike faster tech industry uptake.

Deskpro unveils AI help desk tailored for regulated sectors, enabling on-premise deployment to meet strict data sovereignty and compliance needs.

Capco joins OpenAI's Beta Services Partner Programme, gaining early access to AI tech to enhance financial and energy sector services globally.

Ant International partners with TNG Digital and easypaisa to launch AI-driven customer service, enhancing efficiency and security in Asian digital banking.

Arianne M. Collette has been appointed Managing Director and Head of U.S. Equities at DTCC, leading growth and operational initiatives in its U.S. equities business.

Structured data is transforming banking by enabling personalised services, smarter AI, and faster innovation through cloud-native systems, boosting client trust.

Paysafe and Endava have joined forces in a multi-year partnership to revolutionise global digital payments using AI-driven technologies and expert services.

Financial firms are embracing AI with a focus on trust, using it to enhance customer service and support staff, not cut jobs, amid growing governance concerns.

Nearly 80% of financial firms have neglected to verify exit plans of cloud and SaaS providers, risking major disruption in their technology supply chains.

Banks must adopt cloud technology to scale rapidly, cut costs by up to 40%, and meet rising customer and regulatory demands in a digital-first world.

Pepperdata launches pepperdata.ai, an AI tool boosting GPU use to cut costs by 30%, helping firms optimise costly GPU resources in cloud and on-prem environments.

CISOs in the US and Canada saw average pay rises of 6.7% in 2025, outpacing security budgets which grew just 4%, amid a surge in market activity.