Financial Services stories - Page 23

Global IT services spending will rise 4.8% annually to 2029 as cloud infrastructure and generative AI reshape enterprise technology demand.

European banks expect AI to shrink staff only slightly, with most projected job losses coming through routine attrition, not mass cuts.

YAP Global appoints Otto Jacobsson as CEO, signalling expansion and a broader service mix as the crypto and digital assets sector matures.

Asimily adds device-aware microsegmentation to Cisco ISE, turning its device intelligence into enforceable security group policies at scale.

Phishing-as-a-Service fuels 389% jump in account breaches as attackers target Microsoft 365 and Business Email Compromise scams.

Altimetrik has been named a major contender in Everest Group's latest PEAK Matrix for enterprise quality engineering services.

BioCatch warns AI shopping agents will turbocharge online fraud, urging banks and retailers to distinguish helpful bots from criminal misuse.

Indian banks are overhauling loyalty schemes, swapping cashback for travel, lounges and lifestyle perks to lure Gen Z and affluent cardholders.

Instabase appoints Omkar Pendse to spearhead product and technology as it doubles down on AI workflow automation after $100 million raise.

Index Engines' CyberSense spreads to 82 countries as ransomware fears fuel demand and a new US patent and OEM deals extend its reach.

AI-powered social engineering and Windows 11 upgrades are reshaping ATM crime, shifting attacks from skimming to manipulative fraud.

Five9 and Google Cloud unveil a joint AI-powered CX platform, unifying contact centre workflows and customer data across all channels.

UK launches cyber action plan as state-backed threats surge, forcing vital services to rethink defences and even return to tape backups.

STG completes S&P Global EDM and thinkFolio deal, folding EDM into Gresham while spinning thinkFolio out as a standalone portfolio firm.

AI data management is set to surge to USD $239.15bn by 2034 as cloud, streaming data and governance needs reshape enterprise data strategy.

F5 rolls out AI Guardrails and AI Red Team to harden runtime security, blending adversarial testing with real-time policy enforcement.

Diligent snaps up AI-native vendor risk specialist 3rdRisk to sharpen third-party oversight and speed audit readiness for clients.

Over half of firms cannot hire the data and AI talent they need, with mid-sized businesses and industrial sectors hit hardest, Emergn warns.

Forrester flags cooler optimism for 2026 tech budgets as leaders juggle AI-driven investment plans with rising geopolitical and cyber risks.

V2 AI bolsters Asia-Pacific leadership, appointing Nick Williams as Partner and Ebony Williams as Director of Alliances to drive AI growth.