Financial Services stories
Only 16% of firms have embedded AI in regulatory reporting, as governance and trust issues keep most projects in pilot stage.
Banks want to prevent AI-driven shopping from eroding customer control, privacy and security as agentic commerce moves closer to everyday payments.
Insurers in Australia and New Zealand may gain tools for fraud checks, customer communication and injury recovery after DXC picked three startups.
Customers across 50 brands in 12 markets will get a single checkout layer, as Al-Futtaim seeks fewer failed payments and easier reporting.
It lets regulated firms run AI on sensitive data without exposing customer records or model weights to infrastructure operators.
Companies are treating AI like a recurring operating cost, with monthly business spending up 406% and average outlay far above retail users.
Enterprises are now demanding proof of value and tighter controls as AI budgets face scrutiny over compute costs and deployment choices.
The recognition comes as nearly 92% of Asia Pacific enterprises say data governance and compliance have delayed or cancelled AI projects.
Critical infrastructure operators are using cellular links to secure distributed assets as outages and spoofing raise the stakes for resilience.
The milestone underlines rising demand for independent backup as firms seek reliable records for AI-driven systems and compliance.
Enterprises could cut AI ingestion errors and token costs as the new tool keeps sensitive documents on premises or in a chosen cloud.
The funding will help Kastle expand AI agents that let banks automate lending work without replacing legacy core systems.
Geopolitical uncertainty is prompting UK firms to move overseas recruitment towards steadier markets, with 44% of Chief Financial Officers already doing so.
The checks are aimed at roles handling cash or sensitive data, as UK employers widen screening to curb fraud and insider risk.
The tie-up should widen access to electric cars for Australian buyers as novated leasing becomes a bigger route to ownership.
The platform targets investors seeking deeper liquidity and comes as ASIC moves to pull more digital asset firms into licensing rules.
Every respondent in Singapore reported cyber exposure management barriers, as automated threat validation lagged far behind global and North American rates.
The bank's AI push aims to improve staff productivity and client service as it tests secure tools with Cohere and its Layer 6 unit.
The designation could help Glassbox win more bank and insurer deals by signalling its AI tools fit Microsoft cloud and compliance standards.
More than half of UK contact centre managers have found compliance breaches outside routine checks, heightening FCA scrutiny risks for firms.