Financial Services stories - Page 39

Group-IB launches a GDPR-compliant platform for banks to share real-time fraud risk signals, tackling rising losses such as GBP £600 million in the UK.

Snowflake and Anthropic deepen their Claude tie-up with a USD $200m deal to power regulated, enterprise-ready AI agents worldwide.

AI-driven fraud, deepfakes and synthetic IDs are redefining 2026 risk, forcing firms to ditch reactive tools for layered, intelligent defence.

Agentic AI and digital disobedience will strain policy, security and governance in 2026 as autonomous firms and users test new limits.

Eastnets deepens its LSEG partnership, plugging real-time World-Check risk data into Safewatch Screening to sharpen financial crime checks.

Craigslist founder Craig Newmark is funding Global Signal Exchange to expand its shared threat data network against rising online fraud.

Identity security will become core infrastructure by 2026 as AI‑driven attacks, deepfakes and state hackers overwhelm old perimeter defences.

EU banks face a 2026 crunch as new AML rules spark a shake-up in KYC vendors, testing compliance strategies amid rising fraud risks.

UK SMEs are funnelling billions into savings platforms as they chase higher interest, stronger FSCS protection and swift access to cash.

Security chiefs warn CISOs to pivot from AI hype to systemic cloud risk as supply-chain attacks on major platforms are set to soar.

AI will move from hype to hard choices in finance in 2026, as firms juggle automation gains with surging cyber threats and cost pressures.

AI is transforming loyalty from points to real-time, personalised journeys as super apps and agentic engagement engines rapidly take hold.

OpenID will launch global conformance tests for key digital ID standards from February 2026, supporting eIDAS 2.0 and other schemes.

SLK named Major Contender in Everest Group 2025 AI app transformation ranking as enterprises rush to modernise legacy tech for AI at scale.

Hedgehog lab acquires innovation network Label Sessions to build a full-stack consultancy for AI-driven strategy and product delivery.

Commvault and Pinecone team up to deliver immutable backups and rapid recovery for mission-critical RAG and vector database workloads.

Organisations with robust AI governance are deploying advanced systems faster and more securely, widening the gap with less prepared peers.

North Korean hackers stole USD $300M via fake Zoom calls; robust identity checks could have broken the scam's chain of trust.

UK credit card spending fell 4.7% in October, but missed payments edged higher, signalling mounting strain before Christmas.

Boards are set to demand tougher ROI and stricter data foundations from AI projects in 2026, as natural language tools reshape data work.