Financial Services stories - Page 41

Financial firms face a 25% rise in cyberattacks in 2024, with supply chain breaches and AI-driven phishing posing major risks, says new KnowBe4 report.

AI crawlers now account for 80% of bot traffic, with Meta leading, placing huge strain on web resources and raising concerns over data bias and security risks.

Zoom has integrated its AI Virtual Agent with Zoom Phone, launched Zoom Hub, and enhanced AI tools to streamline meetings and workplace collaboration worldwide.

Cloudera thrives on AI and hybrid cloud growth, aiding clients in regulated sectors while balancing innovation and cost across global markets.

Teleport, securing identities for major firms, joins the Inc. 5000 list for rapid revenue growth in the identity security sector from 2021 to 2024.

8x8 and MNET partner to enhance secure, real-time banking customer service by integrating CoreAccess+ with 8x8's CX platform for faster, safer authentication.

Aerospike launches expression indexes to boost AI workload efficiency, cutting memory use and speeding queries in real-time NoSQL database applications.

MetaComp has completed the first cross-border payment using its CNT Carbon Stablecoin, enabling same-day EUR to CNH settlement with embedded carbon credits.

Alison Young has been appointed CEO of Kansys, tasked with driving growth and integrating AI to enhance its billing and financial solutions across industries.

NTT DATA and Google Cloud partner globally to fast-track agentic AI adoption, co-developing cloud-native solutions for sectors like banking and healthcare.

Fintech firm Rillet secures USD $70 million to boost its AI-driven accounting platform, aiming to modernise ERP systems and accelerate financial processes.

Emerging cyber threats in 2025, including AI-driven attacks and ransomware, target healthcare and industry, with breach costs soaring to USD $5.3 million.

US financial firms face rising costs averaging USD $232,000 annually due to mobile compliance challenges and false positive inefficiencies, study finds.

Acuity Knowledge Partners teams up with Databricks to offer enhanced AI and data solutions to over 650 financial firms worldwide, boosting analytics and automation.

HelixML launches Helix 2.0, enabling enterprises to deploy AI agents on private infrastructure in just eight weeks, cutting costs by up to 75%.

Cinven acquires majority stake in Smart Communications to boost global growth and innovation in regulated sectors using its cloud-based customer communication platform.

Red Hat is named a leader in Forrester's Q3 2025 report for multicloud container platforms, praised for reliability, support, and advanced Kubernetes capabilities.

RSM US adopts Dayshape's AI platform to streamline resource management, integrating real-time data across nearly 100 offices for smarter, global operations.

DXC Technology unveils AI-driven platform, DXC Assure Illustrations, to speed up and personalise life insurance policy projections globally.

Pipe has launched four AI agents to speed up small business funding, automating fraud checks and payments to cut decision times from weeks to minutes.