Financial Services stories

Salt warns AI agents are widening the API security gap, with 92% of organisations still short of advanced defences and 47% delaying releases.

ADAPTOVATE taps transformation veteran Jim Cundiff as Managing Director and Partner to deepen North American growth and its AI consulting push.

Synthflow names Matt Alexander Vice President of Channel and Alliances to deepen partner ties and drive international AI growth.

Fujitsu's AI service cuts the time needed to document COBOL systems, with SMBC Nikko Securities already using it to speed modernisation.

Singapore organisations hit by 22% more cyberattacks in March, with consumer-facing and public sectors most exposed amid rising GenAI data-leak risks.

Perpetuals.com wins exclusive Forgentiq.ai rights as it prepares an on-premises AI system for hedge funds and crypto managers.

Persistent and Databricks launch Merchant Risk Management and Fraud Detection solution for banks and payment providers facing rising digital payment fraud.

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

C3 AI rolls out C3 Code to help business users build governed enterprise AI apps in hours, with agents handling design, testing and deployment.

Aspire taps J.P. Morgan Payments for cross-border FX as the Singapore fintech expands wallet conversions in SGD, USD, GBP, EUR and HKD.

MCPs are emerging as the governed layer that lets AI agents reason across enterprise systems, reducing brittle integrations and easing security risks.

Anthropic enlists Amazon, Apple and Microsoft in Project Glasswing to use Claude Mythos Preview for hunting vulnerabilities in critical software.

AlphaSense names senior UK and Singapore hires as it steps up EMEA and APAC push, with multilingual search and content expansion.

AIFO launches UK trading education platform as retail investing surges, targeting part-time traders with capital access, risk rules and Academy training.

Abacus secures CREST accreditation for penetration testing, bolstering its pitch to regulated sectors as demand rises for verified cyber security assurance.

AlphaSense boosts international leadership as it expands multilingual AI market intelligence across Europe, Asia-Pacific and beyond.

UK enterprises press ahead with AI deployment as 94% warn of sprawl, while integration issues and legacy data remain major hurdles.

Chatbots are easy to sell, but businesses seeking real AI gains should be looking at systems intelligence, says an expert.

Akamai names Sean Li as Senior Vice President for Asia Pacific and Japan, as the firm sharpens its cloud, security and AI push in the region.

Hiscox says UK SMEs often face repeat ransomware demands after paying, with many still forced to rebuild systems and suffer fresh disruption.