IT Brief UK - Technology news for CIOs & IT decision-makers
United Kingdom

Banking Stories - Page 12

UK Stories

Banking stories

OpenText partners S3NS on sovereign cloud for Europe
Data Protection

OpenText partners S3NS on sovereign cloud for Europe

Regulated firms in France and across Europe can keep sensitive workloads under local control while using Google Cloud-based services for less sensitive tasks.

By Sofiah Nichole Salivio • 4 min read • Last month
A 7-step enterprise fraud framework to redefine scam prevention
Customer Experience

A 7-step enterprise fraud framework to redefine scam prevention

Scam losses may top USD $1 trillion a year, forcing banks to use real-time intelligence and customer data to curb authorised push payments.

By Vineet Saxena • 4 min read • Last month
Sole traders turn to AI for tax advice as rules change
Digital Transformation

Sole traders turn to AI for tax advice as rules change

Quick answers are winning out over professional fees, with 26% of UK sole traders now using AI for Making Tax Digital guidance as rules tighten.

By Karen Joy Bacudo • 3 min read • Last month

Global Stories

Banking stories

BMO deepens quantum ties with Canadian & US groups
Data Protection

BMO deepens quantum ties with Canadian & US groups

The bank is positioning itself for long-term risks and opportunities in quantum, from encryption to fraud detection, through new North American partnerships.

By Joseph Gabriel Lagonsin • 5 min read • Last month
Wise plans Nasdaq move as balances hit GBP £29.4bn
Fintech

Wise plans Nasdaq move as balances hit GBP £29.4bn

Higher balances and faster transfers are helping Wise deepen its cross-border network as it prepares a Nasdaq primary listing in 2026.

By Karen Joy Bacudo • 4 min read • Last month
Westpac NZ launches Microsoft AI contact centre platform
Network Infrastructure

Westpac NZ launches Microsoft AI contact centre platform

The bank says the AI system will cut call handling times and wait times by surfacing customer details instantly for staff.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Oracle adds Lucinity AI investigation tools for banks
Digital Transformation

Oracle adds Lucinity AI investigation tools for banks

Banks using Oracle’s compliance software will get AI-led case handling, as the deal aims to cut manual work in money-laundering probes.

By Karen Joy Bacudo • 3 min read • Last month
Exclusive: Celonis global banking head says AI rollout hinges on process intelligence
Data Analytics

Exclusive: Celonis global banking head says AI rollout hinges on process intelligence

Banks risk wasting AI spending unless they first map how work really flows, as Celonis says process intelligence is becoming phase zero.

By Jake MacAndrew • 4 min read • Last month
Android banking trojan linked to Cambodia scam compound
Endpoint Protection

Android banking trojan linked to Cambodia scam compound

Banks and government agencies face a wider mobile fraud threat after researchers tied fake Android apps to a Cambodia scam compound.

By Joseph Gabriel Lagonsin • 3 min read • Last month
FintechOS launches AI platform for banks & insurers
Digital Transformation

FintechOS launches AI platform for banks & insurers

Banks and insurers could cut implementation times from months to weeks as FintechOS 8 adds governed AI and new product operations tools.

By Karen Joy Bacudo • 3 min read • Last month
Cambodia scam compounds linked to mobile banking fraud
Data Protection

Cambodia scam compounds linked to mobile banking fraud

Banks and public bodies in 21 countries face device-takeover fraud that can steal SMS codes, biometric data and funds.

By Mark Tarre • 3 min read • Last month
ADAPTOVATE appoints Jim Cundiff to boost North America
Digital Transformation

ADAPTOVATE appoints Jim Cundiff to boost North America

The hire is meant to sharpen the consultancy's North American push as clients demand clearer returns from AI and transformation spending.

By Mark Tarre • 3 min read • Last month
SLR buys climate analytics platforms in digital push
Agricultural Technology

SLR buys climate analytics platforms in digital push

The acquisitions expand climate risk analysis for investors and governments as firms move beyond outdated historical models to scientific evidence.

By Shannon Williams • 4 min read • Last month
Persistent launches merchant fraud tool on Databricks
Fintech

Persistent launches merchant fraud tool on Databricks

Banks and payment providers could cut fraud losses by up to 40% as the new system flags risky merchants earlier in the payment chain.

By Catherine Knowles • 3 min read • Last month

Stories from Other Regions

Banking stories

QNu Labs quantum security passes fibre network test
Firewalls

QNu Labs quantum security passes fibre network test

The study suggests quantum-safe encryption could be deployed on existing telecom fibre without disrupting 10 Gbps data traffic.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Feijoa named INFINZ innovation finalist for KiwiSaver app
Data Protection

Feijoa named INFINZ innovation finalist for KiwiSaver app

Round-ups of coffee and grocery buys could lift KiwiSaver balances by nearly USD $1,000 a year without changing budgets.

By Karen Joy Bacudo • 4 min read • Last month
New Zealanders fear online fraud & AI-driven scams
Surveillance

New Zealanders fear online fraud & AI-driven scams

Almost nine in 10 New Zealanders worry about online identity theft as Experian says fraud losses and AI scams are climbing.

By Catherine Knowles • 3 min read • Last month