Banking stories - Page 29

UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.

UK hospitality industry can optimally utilise AI for revenue management, marketing and account handling, provided they process clean, ample data, industry insiders advise.

SAS Customer Intelligence 360 achieves top status in The Forrester Wave: Real-Time Interaction Management, Q1 2024, reinforcing its crucial role in delivering hyper-personalised customer experiences.

BlackLine's Modern Accounting Playbook achieves the 1,000 customer milestone, attesting its swift implementation and effectiveness in streamlining corporate accounting operations in a few as five days.

Xero unveils AI vision and previews GenAI-powered business assistant, JAX, aiming to revolutionise accounting for small-scale businesses by automating tasks and delivering tailored insights.

UK licensed bank, Griffin, has opened applications for their early access programme, Foundations, which provides a full-stack Banking as a Service (BaaS) platform.

Genetec has unveiled Security Center SaaS, an enterprise-grade solution expected to redefine cloud-based physical security with its comprehensive capabilities and cybersecurity measures.

London-based Orbus is redefining the global digital landscape, with CEO Gareth Burton leading the company's mission to help businesses navigate complex digital transformations.

Xero teams up with Sumday to enable accountants to manage carbon accounting for their clients, advancing the journey towards net-zero emissions for small businesses worldwide.

European Parliament's core groups ratified a landmark AI Act, potentially forming the world's first legislation on artificial intelligence technology usage, ahead of April's vote.

BMO joins forces with tech firm Dynatrace to bolster their digital banking facilities, leading to efficient problem-solving and enhanced customer experiences.

Valentine's Day still attractive to UK consumers: 40% plan to spend on gifts and 42% intend to go shopping, despite 62% choosing not to observe, according to Airtime Rewards research.

Fortinet has unveiled a robust, compact appliance that intensifies secure networking and 5G connectivity for operational technology environments.

Quorum Cyber's 2024 report forecasts AI weaponisation and intensified threats from Russia, China, Iran and North Korea as major cybersecurity concerns.

Minneapolis-based Entrust is in exclusive talks to acquire London's AI-powered identity verification tech leader, Onfido.

Global trust in banks for data collection tops the 2024 Thales Digital Trust Index, as privacy fears prompt 26% of consumers to abandon certain brands over the last year.

Munich's Giesecke+Devrient boosts stake in software corporation Netcetera to 95%, enhancing its financial platforms and reinforcing future growth in digital banking and payments.

Cloudera urges global banks to adopt a modern data architecture to bolster resilience against financial downturns and navigate compliance challenges.

Banking without borders is pivotal for 40% of UK adults considering relocation abroad amid concerns about financial difficulties.

UK telecoms giant, BT Group, launches AI and blockchain services in collaboration with cloud specialist, Optiva, targeting banking, healthcare and insurance sectors.