Financial Services stories

Tailor Brands now lets founders open business bank accounts as they form US LLCs, promising faster launches and integrated money tools.

Aspia teams with Stelia to overhaul AI backbone, speeding real-time land intelligence from petabyte-scale satellite data for business use.

Data and AI firm Quantexa will move its global headquarters to The Delft on London’s South Bank when the new development completes in 2027.

Most organisations still cannot show pounds-and-pence returns on AI, with only 15% tracking its financial impact, a new report warns.

Legal Brokers launches iDWallet app in the UK, promising faster biometric ID checks as sectors face tougher anti-money laundering demands.

Synechron secures EcoVadis silver rating, placing it among the top 15% globally for sustainability across environment, ethics and labour.

Unlimit appoints Hong Kong-based Michele Fung as Asia-Pacific head to drive regional expansion in increasingly competitive payments markets.

Okta launches Agent Discovery to uncover and rein in shadow AI agents, mapping risky app access and tightening identity-based controls.

Young Australians lose over AUD $2.2 million as fake flexible job offers surge, with scammers recruiting money mules via texts and social media.

Atombeam and Trilliant team up to compress grid-edge data for AMI networks, promising faster, more secure smart meter traffic for utilities.

Peru’s largest microfinance lender Mibanco selects Temenos SaaS on Microsoft Azure to overhaul its core banking and speed digital services.

UK romance scam losses top GBP £106m as organised fraudsters exploit Valentine’s surge, with average victims losing more than GBP £11,000.

TISA urges the FCA to consumer-test pension transfer rule changes and align them with DWP rules to avoid delays and inconsistent outcomes.

New research finds 85% of firms trial AI but only 17% use it daily, with weak knowledge governance blamed for stalled adoption.

Paragon has acquired a majority stake in South Yorkshire outsourcing specialist Parseq from Parabellum, boosting its back-office and payments arm.

Aspire partners with early-stage investor Antler to capture global founders at inception, targeting a 2.3x jump in startup customers by 2026.

Ailanto partners with Cubbit to launch sovereign, canton-aware S3 cloud storage in Switzerland, targeting strict data residency needs.

The FCA will bring buy now, pay later under tougher UK rules from July 2026, forcing stricter checks and clearer protections for borrowers.

A new foundation has launched to study how AI is transforming real-world accounting and finance work, from tax and audit to advisory.

New Zealand AI startup Contented raises AUD $4.1m seed round to speed UK and US expansion and triple headcount in coming months.