News

IT for financial services

• November 13, 2025 13 Nov'25

  Two-thirds of finance firms use suppliers for AI agent development

  Survey finds more banks and insurers are working with suppliers rather than going it alone when developing artificial intelligence agents

• November 12, 2025 12 Nov'25

  Microsoft users warned over privilege elevation flaw

  An elevation of privilege vulnerability in Windows Kernel tops the list of issues to address in the latest monthly Patch Tuesday update

• November 12, 2025 12 Nov'25

  IT services companies and datacentres face regulation as cyber security bill reaches Parliament

  The Cyber Security and Resilience Bill will require large IT services companies, including datacentres, to report security incidents within 24 hours

• November 12, 2025 12 Nov'25

  How Japanese banking giant MUFG is using AI

  Japan’s largest bank aims to transform into an AI-native company by using agentic AI, changing how it handles data, and inking key partnerships with OpenAI and Sakana AI

• November 10, 2025 10 Nov'25

  Oxford launches Equinox to build innovation hub in region

  Oxford University and its host city have launched Equinox as a regional organisation uniting academia, business and government to establish Oxfordshire as a global innovation hub

• November 10, 2025 10 Nov'25

  DBS enhances GenAI chatbot for business clients

  The bank’s virtual assistant, DBS Joy, has been enhanced with generative AI capabilities to provide business customers with faster and better answers to their queries

• November 05, 2025 05 Nov'25

  Government to broaden ‘narrow’ computing curriculum

  Planned changes to the computer science curriculum announced following independent review recommendations

• November 04, 2025 04 Nov'25

  Ryt Bank taps agentic AI for conversational banking

  Malaysia’s Ryt Bank is using its own LLM and agentic AI framework to allow customers to perform banking transactions in natural language, replacing traditional menus and buttons

• November 04, 2025 04 Nov'25

  The Security Interviews: Colin Mahony, CEO, Recorded Future

  Recorded Future’s CEO talks threat intelligence, AI in cyber security and the ever-changing cyber threat landscape

• October 31, 2025 31 Oct'25

  Cyber agencies co-sign Exchange Server security guide

  US and allied cyber agencies team up to try to nudge users to pay more attention to securing Microsoft Exchange Server

• October 29, 2025 29 Oct'25

  Scope of US state-level privacy laws expands rapidly in 2025

  Nine state-level data protection laws have come into force in the US this year, and three more are slated for January 2026. Navigating this complex landscape is becoming a challenge

• October 27, 2025 27 Oct'25

  LockBit 5.0 expands targeting amid ransomware escalation

  The LockBit RaaS operation is back in action, with technical features and expanded targeting, and is contributing to a steadily growing number of ransomware attacks

• October 24, 2025 24 Oct'25

  UK ramps up ransomware fightback with supply chain security guide

  Multinational guidance, developed by the UK and Singapore, is designed to help organisations reinforce their supply chain against ransomware attacks

• October 24, 2025 24 Oct'25

  Banks’ AI cost-cutting benefits won’t last, will ‘erode’ profits

  Banks are making significant cost savings through initial artificial intelligence implementations, but the technology will eventually hit their profits

• October 20, 2025 20 Oct'25

  The Netherlands faces €12bn R&D investment gap as productivity stagnates

  Dutch government unveils nine-point plan to meet European 3% GDP target after its competitiveness ranking plummeted

• October 17, 2025 17 Oct'25

  AI talent war sees UBS recruit leadership from JPMorgan

  Research from Evident reveals US banks lead the way in AI adoption in the finance sector, with a talent war simmering

• October 17, 2025 17 Oct'25

  HMRC rolls out Microsoft Copilot AI

  HM Revenue and Customs has begun to roll out Microsoft 365 Copilot to its staff, with the aim of making productivity savings

• October 16, 2025 16 Oct'25

  Pet insurers fuel AI take up in veterinary sector

  Through tech startups, insurers are offering artificial intelligence-based veterinary services as part of pet insurance contracts

• October 16, 2025 16 Oct'25

  UK banks must be more like Big Tech to catch the US on AI, which comes with a high price

  Evident research into artificial intelligence adoption in banking reveals US banks dominate when it comes to making AI work for the business

• October 15, 2025 15 Oct'25

  AI World: Oracle brings agents to bear on world of finance

  Oracle AI World has seen a host of new introductions, among them agentic capabilities for customer finance teams

• October 15, 2025 15 Oct'25

  India’s biggest IT firm to create 5,000 UK jobs

  Indian IT giant will increase its UK-based workforce by thousands over the next three years

• October 15, 2025 15 Oct'25

  AI will create a better world, says Oracle’s Ellison

  Oracle ramped up its plans to lead in all things AI on the opening day of its renamed customer event, AI World, with founder Larry Ellison emphasising AI’s transformative potential

• October 14, 2025 14 Oct'25

  Finnish tech partnership reaches ambitious heights

  Partnership will explore how combining quantum computing and artificial intelligence can create dynamic benefits in areas such as materials science and complex simulations

• October 14, 2025 14 Oct'25

  Swedish banks and state join forces to boost cyber security

  Sweden’s leading finance institutions have joined forces with state security agencies to develop an integrated cyber defence strategy

• October 09, 2025 09 Oct'25

  Warlock ransomware may be linked to Chinese state

  The operators of Warlock ransomware who exploited a set of SharePoint Server vulnerabilities earlier this year likely have some kind of link to the Chinese government, researchers claim

• October 07, 2025 07 Oct'25

  Alert over Medusa ransomware attacks targeting Fortra MFT

  Microsoft warns it is seeing potential mass exploitation of a Fortra GoAnywhere vulnerability by a threat actor linked to the Medusa ransomware-as-a-service operation.

• October 07, 2025 07 Oct'25

  The Security Interviews: David Bradbury, CSO, Okta

  Okta’s chief security officer talks security by default and explains why he thinks time is running out for the shared responsibility model

• October 01, 2025 01 Oct'25

  US government shutdown stalls cyber intel sharing

  A key US law covering cyber security intelligence sharing has expired without an extension or replacement amid a total shutdown of the federal government, putting global security collaboration at risk.

• October 01, 2025 01 Oct'25

  Interview: Wayne Barlow, head of terminal products, Bloomberg

  Techie turned business leader Wayne Barlow heads up the development of Bloomberg’s customer-touching terminal software

• October 01, 2025 01 Oct'25

  Over half of UK adults use mobile wallets

  Cash accounted for less than 10% of payments in the UK in 2024, according to UK Finance figures

• September 30, 2025 30 Sep'25

  Apple’s first iOS 26 security update fixes memory corruption flaw

  Apple issues an update for its brand new iOS 26 mobile operating system, fixing a potentially dangerous vulnerability affecting iPhones, iPads and other Mac devices

• September 30, 2025 30 Sep'25

  Bank of America builds GenAI assistant for instant answers for customers

  Queries that would take an employee an hour to answer are completed almost instantaneously with the Bank of America’s generative AI assistant

• September 29, 2025 29 Sep'25

  UK and US urge Cisco users to ditch end-of-life security appliances

  An ongoing campaign of cyber attacks is targeting users of end-of-life Cisco security appliance kit

• September 29, 2025 29 Sep'25

  Global payments network Swift builds blockchain capability

  Not-for-profit global payments network to initially use blockchain-based shared ledger for cross-border payments, with further use cases to follow

• September 26, 2025 26 Sep'25

  Over half of India-based companies suffer security breaches

  Business supply chains, which include Indian companies, are at risk of attack as more than half of suppliers were breached last year

• September 26, 2025 26 Sep'25

  Government to introduce mandatory digital ID

  Prime minister Keir Starmer says the scheme, which will be compulsory by the end of this parliament, will help crack down on illegal workers, as well as provide benefits to citizens

• September 26, 2025 26 Sep'25

  Okta CEO: AI security and identity security are one and the same

  At Oktane 2025 in Las Vegas, Okta CEO Todd McKinnon describes AI security and identity security as inseparable as he tees up a series of agentic security innovations

• September 25, 2025 25 Sep'25

  Netherlands establishes cyber resilience network to strengthen public-private digital defence

  Network will connect organisations in a cyber crime defence initiative that goes way beyond information sharing

• September 24, 2025 24 Sep'25

  Oktane 2025: Okta takes aim at agentic AI governance gap

  Identity specialist Okta is laying the groundwork for a number of incoming announcements designed to help its customers get to grips with the challenge of securing non-human, agentic identities.

• September 23, 2025 23 Sep'25

  EU to shut door on Big Tech in financial data sharing

  US tech giants to be excluded from EU’s Financial Data Access initiative, which enables the sharing of certain customer financial data

• September 19, 2025 19 Sep'25

  UK cyber action plan lays out path to resilience

  A report produced for the government by academics at Imperial College London and the University of Bristol sets out nine recommendations to strengthen the UK’s cyber sector

• September 18, 2025 18 Sep'25

  UK banks still run software code written more than 60 years ago

  More than half of UK banks still rely on computer code written in or before the 1970s, and which is understood by only a few of their staff

• September 17, 2025 17 Sep'25

  Microsoft scores win against Office 365 credential thieves

  Microsoft’s Digital Crimes Unit disrupts a major phishing-as-a-service operation that targeted and stole Office 365 usernames and credentials

• September 17, 2025 17 Sep'25

  NCC: How RaaS team-ups help Scattered Spider enhance its attacks

  Scattered Spider’s alliances with ransomware-as-a-service gangs act as a force multiplier for the scope, and number, of its cyber attacks, according to NCC Group analysts

• September 17, 2025 17 Sep'25

  Google Cloud unveils open protocol for agentic payments

  Google’s Agent Payments Protocol is an open standard developed with more than 60 global partners to create a secure standard for AI-driven transactions

• September 16, 2025 16 Sep'25

  Interview: Using AI agents as judges in GenAI workflows

  We speak to Ranil Boteju, chief data and analytics officer at Lloyds Banking Group, about how the bank sees agentic AI in customer-facing chatbots

• September 16, 2025 16 Sep'25

  Turkish state tightens grip on comms

  Turkish subscriptions to fixed broadband were the lowest in Europe in 2024 and half as common as those in more developed countries

• September 10, 2025 10 Sep'25

  Splunk.conf: Cisco and Splunk expand agentic SOC vision

  The arrival of agentic AI in the security operations centre heralds an era of simplification for security professionals, Splunk claims

• September 10, 2025 10 Sep'25

  UK contactless card payment limits could be unlimited

  The UK Financial Conduct Authority says contactless payment technology and fraud protections have advanced enough for firms to adjust the limit

• September 09, 2025 09 Sep'25

  Splunk.conf: Splunk urges users to eat their ‘cyber veggies’

  The dawn of AI-enabled cyber attacks makes it even more important for defenders to bring their A-game, particularly when it comes to getting the basics right