Financial Services stories
The funding lifts the Spanish AI firm to a USD $1.7 billion valuation as demand grows for cheaper, lower-energy model deployment.
The expansion signals Cognizant's push to turn AI trials into production work for clients amid tighter scrutiny of governance and risk.
New licensing rules mean BNPL providers must verify identities and addresses more accurately or risk fraud losses and compliance breaches.
Expansion in Australia and New Zealand is expected to deepen Qualys' managed risk services push as it adds four local hires.
Australian firms seeking local cloud hosting will gain more options as Hyve opens live data centre capacity in Sydney and Melbourne.
The new model now underpins Claude Max at the same price as Opus 4.8, with stronger coding and research performance, Anthropic said.
Customer demand across Europe has fuelled a 72% rise in Kong's regional base, prompting new offices in Milan and Paris.
Email fraud is now the top incident type, accounting for 45% of cases as attackers bypass multi-factor authentication with stolen credentials.
Security teams can now use AI for penetration testing without exposing hostnames, IP ranges or credentials to model providers.
Corporate travellers at hotels and conference centres were quietly sent to fake Microsoft 365 pages after attackers took over guest Wi-Fi gateways.
The Grantham-based affordability technology provider is expanding beyond its Embark platform as it targets more clients and stronger customer support.
Banks and insurers face a gap between the plan's broad AI aims and the controls needed to satisfy compliance and audit demands.
Banks are adopting stablecoins, tokenisation and digital custody as crypto's ideas quietly reshape payments, settlement and asset transfer.
Organisations seeking tidier shared desks may adopt a keyboard-integrated PC that supports four 4K displays and local AI tasks.
The move could let the fintech originate consumer loans nationwide and take FDIC-insured deposits, pending further regulatory approvals.
The tie-up could let researchers run more complex quantum algorithms on existing hardware without waiting for fault-tolerant machines.
Institutional crypto clients can now move dollars continuously after the bank said WA VenueX has already handled billions in transfers.
Access to CIX will be simpler for Canadian dealers using Iress software, as the planned integration is set to go live later this year.
The move aims to help enterprises turn scattered AI pilots into production systems, with sector-specific tools for banking, telecoms and manufacturing.
The award could help Indian online retailers cut costly cash-on-delivery returns, with FICO estimating monthly losses avoided of INR 1 crore.