Financial Services stories

Cohere and Aleph Alpha plan a transatlantic sovereign AI venture, with Schwarz Group pledging USD $600 million to back the tie-up.

Kyndryl broadens Google Cloud deal to help enterprises modernise applications and run AI workloads across regulated hybrid environments.

Cobalt's annual pentesting study says AI and supplier tools are exposing fresh weaknesses, with security teams struggling to keep pace with rapid deployment.

Google Cloud says banks need governance-led platforms to unlock agentic AI at scale, with tens of agents set to reshape compliance, fraud and risk.

Avatier unveils offline Identity Challenge Card as firms seek fallback access after Stryker hack exposes MFA weaknesses.

Wise wins Payments Canada membership, paving the way for a bid to join the Real-Time Rail and boost faster, cheaper transfers for Canadians.

Temenos and Bain warn banks that cloud, AI and stablecoins will reshape competition, with core modernisation now key to growth.

Mphasis pays CAD 10 million upfront for Vancouver's Theory and Practise, adding Continuum AI to sharpen pricing, forecasting and supply chain decisions.

Celonis and ProcessLab debut banking tools for mortgage approvals and service teams as lenders seek faster decisions, lower costs and better customer journeys.

Pepperstone Crypto says digital assets are moving into the mainstream as regulation, ETFs and younger investors reshape how traders access markets.

Unpatched VPN gateways are leaving organisations open to ransomware and outages, as modern Zero Trust access cuts off the exposed front door.

EDB touts Postgres AI gains, saying a data-layer overhaul can cut token use, speed vector indexing and trim emissions for enterprise AI workloads.

FIS revamps cross-asset platform with AI dashboards and SaaS tools to help buy-side firms manage trading, portfolio and risk in one system.

Apricorn broadens its Aegis Padlock DT FIPS line with a 32TB hardware-encrypted desktop drive for offline backups and sensitive data.

Temenos and Bain warn that banks must modernise core systems, governed data and cloud architecture as AI, stablecoins and personalisation gather pace.

DE-CIX deepens New York footprint with QTD1 deal at 60 Hudson Street, becoming first neutral provider to serve four operators in the building.

Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.

Quantium joins Google Cloud's Gemini Enterprise push with a new AI practice aimed at moving enterprise agents from pilots into production.

Hitachi Vantara has unveiled sustainability progress as AI-driven data demand pushes energy, cooling and emissions reporting to the fore.

Google Cloud study finds 52% of executives have deployed AI agents, with early adopters reporting stronger returns and wider business use.