TelcoNews UK - Telecommunications news for ICT decision-makers

Financial Services stories - Page 7

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Diversity VC says certified firms boost team diversity

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Diversity VC marks a decade in venture capital with evidence certified firms are widening teams faster, as women's share on UK investment desks rises to 31%.
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Narwhal Labs raises GBP £20 million for DeepBlue OS

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Narwhal Labs secures backing from more than 70 UK investors as it unveils an AI communications platform for regulated sectors.
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Confirmo wins Irish approval for stablecoin payments

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Confirmo secures dual Irish licensing for stablecoin payments, positioning its European hub to serve businesses ahead of the EU's 2026 MiCA deadline.
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Apax backs MillTech in USD $60 million growth deal

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Apax Digital takes stake in London FX risk firm MillTech in USD $60 million deal as North American expansion gathers pace.
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Perpetuals.com launches on-prem AI for hedge funds

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Perpetuals.com wins exclusive Forgentiq.ai rights as it prepares an on-premises AI system for hedge funds and crypto managers.
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Persistent launches merchant fraud tool on Databricks

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Persistent and Databricks launch Merchant Risk Management and Fraud Detection solution for banks and payment providers facing rising digital payment fraud.
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Custodia warns of AI record-keeping risk in finance

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Custodia says financial firms must widen record-keeping to cover collaboration tools, messaging apps and AI-generated content as regulators step up scrutiny.
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C3 AI launches C3 Code to speed enterprise AI apps

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C3 AI rolls out C3 Code to help business users build governed enterprise AI apps in hours, with agents handling design, testing and deployment.
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Aspire partners with J.P. Morgan on cross-border FX

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Aspire taps J.P. Morgan Payments for cross-border FX as the Singapore fintech expands wallet conversions in SGD, USD, GBP, EUR and HKD.
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Seekr & Arcas launch explainable AI for Europe

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Seekr and Arcas team up to sell explainable AI tools to European mid-sized firms, as the EU AI Act pushes demand for audit-ready systems.
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Anthropic launches Project Glasswing for cyber defence

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Anthropic enlists Amazon, Apple and Microsoft in Project Glasswing to use Claude Mythos Preview for hunting vulnerabilities in critical software.
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AlphaSense expands in EMEA & APAC with senior hires

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AlphaSense names senior UK and Singapore hires as it steps up EMEA and APAC push, with multilingual search and content expansion.
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AIFO launches UK trading platform amid retail boom

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AIFO launches UK trading education platform as retail investing surges, targeting part-time traders with capital access, risk rules and Academy training.
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Abacus wins CREST approval for penetration testing

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Abacus secures CREST accreditation for penetration testing, bolstering its pitch to regulated sectors as demand rises for verified cyber security assurance.
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UK enterprises move AI projects into production

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UK enterprises press ahead with AI deployment as 94% warn of sprawl, while integration issues and legacy data remain major hurdles.
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Hiscox warns ransomware hits UK SMEs more than once

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Hiscox says UK SMEs often face repeat ransomware demands after paying, with many still forced to rebuild systems and suffer fresh disruption.
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Appspace named Gartner leader in workplace experience

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Appspace lands in Gartner's first workplace experience Magic Quadrant as suppliers race to bundle booking, visitor tools and communications.
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Anthropic launches Glasswing AI cyber coalition with partners

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Anthropic and partners unveil Project Glasswing, using Claude Mythos Preview to hunt software flaws faster amid fears of AI-boosted cyber attacks.
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EY rolls out AI audit tools across global assurance

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EY deploys agentic AI across 160,000 audit engagements, backed by Microsoft, as it launches new assurance services and training.
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Felix launches AI workflow platform with USD $1.7 million

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Felix lands USD $1.7 million to scale AI workflows for legal and finance teams, targeting consistency and audit trails over ad hoc prompts.