United Kingdom (UK) stories - Page 20

After the Glasgow Wonka scandal, one third of UK business leaders are backing away from AI tools, while over half consider implementing an AI code of conduct, according to a recent survey.

Global predictive maintenance market to hit USD $45.5 billion by 2032, driven by digitisation of industries and urbanisation trends, says Fact.MR.

Ecommpay expands market reach in the UK and Europe, forecasting a 44% growth, by integrating Bacs and SEPA Direct Debit capabilities via GoCardless, enriching their payment suite for FinTech and e-commerce merchants.

UK business expenses surged 24% in FY 23/24, double the inflation rate peak, largely driven by increased costs in air travel, entertainment, and car hire, according to SAP Concur.

Embedded finance provider, Paynetics, acquires UK's leading impact neobank, Novus, to strengthen environmental, social, and governance objectives.

ShipStation unveils a suite of features for Australian retailers, including Checkout Rates and Custom Labels, to bolster operational efficiency amidst rising eCommerce demands.

The unchecked use of Zombie APIs in businesses has underscored a rising cybersecurity threat, with attackers exploiting these neglected interfaces and costing firms up to $75bn annually.

BioCatch warns of increasing trend of fraudsters using AI to personalise scams across Europe, with digital fraud and financial crime escalating. Meanwhile, the UK sees notable drop in voice scams.

30% of C-level executives consider AI-led cyber threats their top concern, prompting an uptick in cybersecurity hiring and investment in preventative measures.

Brivo's 'Top Global Security Trends (2024)' report unveils key changes in global security teams, including increased incorporation of new tech, the expanding role of the CSO, and anticipation of AI's influence.

Fintech firms Paysend and Currencycloud expand partnership, aiming to extend Paysend's global services and boost its foreign exchange capabilities, potentially benefiting customers worldwide.

Billie's B2B Checkout Report 2024 exposes gaps in cross-border commerce, inadequate payment methods and a lack of dedicated B2B checkout.

UK cybersecurity firm, Pentest People, gains recognition as an Assured Service Provider under the National Cyber Security Centre's new scheme, boosting cyber incident response resilience.

AliExpress launches interactive livestream shopping in the UK, introducing an engaging and personalised consumer experience.

UK waste management software provider ISB Global reports a significant 43% surge in revenue in 2023, driven by growth in its customer base.

Glasgow-based Brillband has been named the UK's fastest broadband provider following the annual Broadband Genie Awards.

Visa Cross-Border Solutions teams up with UK payments firm LemFi in global expansion, extending their reach to new markets like China, India and Pakistan.

Bridewell fortifies its public sector growth by acquiring Arculus Cyber Security, aiming to enhance its Critical National Infrastructure expertise.

Health and wellbeing providers Vivup and Perkbox reveal a merger backed by Great Hill Partners, striving for an all-in-one solution for UK employee benefits and wellbeing.

Over half the global consumers expect to increase their international online shopping by 2024, with a focus on flexible payment and shipping options, according to a report by Airwallex.