Financial Services stories - Page 30

Financial firms face rising fines and must adopt digital regulatory reporting to ensure compliance, cut costs and boost operational resilience in 2024 and beyond.

New research reveals retail leads commerce media maturity, with 22% at advanced stages, while automotive lags, highlighting vast sector disparities worldwide.

Rackspace Technology launches AI Launch Pad, a private-cloud service to help businesses overcome AI adoption challenges and boost returns across sectors.

Cayosoft launches Guardian SaaS, a cloud service for hybrid Microsoft Active Directory and Entra ID protection, offering real-time monitoring and automated recovery.

Proximus Global and EnStream have launched an API to help Canadian firms verify if mobile numbers have been reassigned, combating recycled phone number fraud.

Conductor's new report reveals AI tools like ChatGPT are reshaping digital brand visibility, with AI-driven search now influencing discovery across key sectors.

Ataccama and Cognizant unveil ONE Bridge, cutting data platform migration time by 40% and easing compliance with automated workflows.

Nutanix will soon support Microsoft Azure Virtual Desktop on premises via its AHV hypervisor, enabling hybrid deployment with cloud management and security.

Rackspace Technology appoints Lata Varghese and Phani Kishore Burre as Senior VPs to boost AI, cloud services and business transformation efforts.

Banks and credit unions are shifting from transaction rewards to building trust and personalised relationships, using AI to anticipate customer needs and enhance loyalty.

Capco joins OpenAI's Beta Services Partner Programme, gaining early access to AI tech to enhance financial and energy sector services globally.

Ant International partners with TNG Digital and easypaisa to launch AI-driven customer service, enhancing efficiency and security in Asian digital banking.

Financial firms are embracing AI with a focus on trust, using it to enhance customer service and support staff, not cut jobs, amid growing governance concerns.

Paysafe and Endava have joined forces in a multi-year partnership to revolutionise global digital payments using AI-driven technologies and expert services.

Nearly 80% of financial firms have neglected to verify exit plans of cloud and SaaS providers, risking major disruption in their technology supply chains.

Irish exports to Canada hit a record EUR €585 million (CAD $954 million) in 2024, soaring 32% since 2021 as technology and services firms boost trade ties.

EY Canada has been named Microsoft's 2025 Partner of the Year for driving digital innovation and AI adoption across Canadian industries.

TELUS launches Quantum-Safe VPN with encryption designed to protect Canadian businesses from current and future quantum computing cyber threats.

Banks must adopt cloud technology to scale rapidly, cut costs by up to 40%, and meet rising customer and regulatory demands in a digital-first world.

CISOs in the US and Canada saw average pay rises of 6.7% in 2025, outpacing security budgets which grew just 4%, amid a surge in market activity.