Financial Services stories - Page 32

Nearly half of financial firms struggle to scale AI fully due to data silos and security concerns, despite widespread adoption and hybrid deployment strategies.

Hexaware has acquired CyberSolve to enhance cybersecurity with AI-driven identity and access management, boosting global digital security and compliance.

Global research finds IT and tech staff among the least motivated workers, scoring 70.8%, with finance sectors trailing lower; management consulting leads at 76.2%.

By 2026, AI will revolutionise banking and insurance, with over half of younger adults using generative AI for financial advice, says Forrester report.

Backbase wins the 2025 Datos Impact Award for its AI-driven platform revolutionising wealth management with faster onboarding and personalised digital advice.

Reflectiz has raised $22 million in Series B funding to expand its AI-driven web risk platform and establish a global HQ in Boston.

Banks are doubling AI budgets to 17% of IT spend by 2028, but only 20% have robust real-time data governance, reveals Tech Mahindra's global survey.

Confluent's Tableflow now integrates with Delta Lake and Databricks Unity Catalog, enabling real-time analytics and AI with governed data across multicloud environments.

Confluent has launched Private Cloud, enabling organisations to securely deploy and manage real-time data streaming on private infrastructure with cloud-like agility.

Check Point and NVIDIA launch AI Cloud Protect, a security solution for AI infrastructure, securing enterprise AI without compromising performance.

DDoS attacks have surged to record peaks of 3.7 Tbps, driven by automation and shifting geopolitical sources, targeting sectors like higher education globally.

India's healthcare and finance sectors are prioritising cybersecurity, combining advanced tech and cultural change to safeguard patient data and digital transactions.

IBM launches Digital Asset Haven, a secure blockchain platform for institutions, combining advanced custody features across 40+ blockchains from late 2025.

Talkdesk expands its partnership with Databricks to unify customer data, enhancing AI-driven automation and personalised experiences on its CXA platform.

Small businesses are remediating critical cyber vulnerabilities faster than larger firms amid rising AI-assisted cyber threats, reveals Intruder's 2025 report.

Vectec has launched PIT-CHECK, a diagnostic suite offering executives clear insights and risk assessments to manage complex IT and cyber security challenges.

Rydoo leads Gartner's 2025 expense management report with a 95% user recommendation, thanks to its AI-powered software used by over 1 million customers globally.

Talkdesk enhances its Copilot with agentic AI, enabling customer service agents to handle complex queries through smarter, real-time support and automation.

Findi Group will acquire Sphere for Good in an all-share deal to expand climate fintech solutions across India's vast market.

Iron Mountain launches AI-powered InSight DXP platform to unify physical and digital data, boosting productivity and automating compliance for enterprises.