Financial Services stories - Page 33

A global shortage of cyber experts and rising AI use are driving cyber breach costs above USD $1 million for over half of organisations in 2024, says Fortinet.

Canadian firms increasingly adopt AI in cybersecurity but face a talent shortage that hinders progress and raises breach risks, finds Fortinet's 2025 report.

EQ Bank unveils a digital banking suite for Canadian small businesses, with a focus on human-led customer service and low interest rates.

Ecommpay teams up with humm to offer flexible finance up to GBP £3,000 for UK merchants, boosting sales in travel and high-value retail sectors.

Tata Communications unveils Voice AI platform for real-time, multilingual fintech chats, enhancing speed, security, and seamless automation in financial services.

Organisations using NiCE's AI-driven CXone Mpower platform report faster response times, better service quality, and improved staff efficiency across sectors.

The Toronto-based company now offers Ontario entrepreneurs online incorporation, bundling business registration and banking in one seamless digital service.

Chainlink and 24 major banks collaborate to reduce $58 billion global corporate actions costs, using AI and blockchain for real-time data sharing and automation.

Enterprises investing USD $5.4m yearly in AI see higher ROI when mature adopters focus on secure, well-governed information management.

Testlio, Bugcrowd and InnoWave launch Testlio Apex Partner Programme, uniting global experts to enhance software quality assurance in fintech and tech sectors.

UiPath launches new AI automation suite with pre-built solutions and orchestration tools to boost enterprise efficiency and ROI in AI transformation.

Thomas Sullivan has been appointed Managing Director of DTCC Digital Assets to lead strategic growth and innovation in digital finance and blockchain integration.

Dwolla aims to unify instant payments via a single API across FedNow and RTP, simplifying real-time transactions for enterprises amid rapid market growth.

Peak XV launches Surge 11 with 23 startups across AI, fintech, consumer brands, and infrastructure from India, APAC, and global markets.

Equinix unveils Distributed AI Infrastructure, linking 270+ data centres in 77 markets to enable secure, low-latency AI deployment worldwide.

Eighty percent of Canadian accountants are optimistic as AI and advisory services drive growth and transform the industry, says Xero's 2025 report.

Cloudera and Dell have combined their platforms to launch a unified Private AI solution that simplifies data governance and scales enterprise AI securely and cost-effectively.

Equinix launches Distributed AI platform and global labs to help enterprises accelerate AI adoption with faster, scalable, and globally connected infrastructure.

Tokenised funds are forecast to surge from $4 billion in 2024 to $235 billion by 2029, driven by growing links between traditional asset management and DeFi platforms.

Nintex launches new AI features in its CE platform to enhance business automation, enabling dynamic workflow management and improved document processing.