United Kingdom (UK) stories - Page 35

Transact Payments rebrands as TransactPay after a year-long transformation, aiming to strengthen its position as a premier BIN sponsor in the UK and Europe.

Lucinity unveils an advanced AI copilot plug-in at Money2020 Europe, promising instant ROI and up to 90% productivity boosts for financial institutions.

One Nexus and Kia UK celebrate a decade of success with their Kia Rental programme, marking a milestone in innovative, customer-friendly mobility solutions.

86% of UK managers believe AI can boost their effectiveness, but concerns about data privacy persist, with 33% expressing reservations.

As cloud expenses soar, a new esynergy report underscores the rising role of FinOps, with 74% of organisations striving to optimise costs.

Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.

OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.

Payments solutions provider Equals Money unveils its Banking-as-a-Service offering at Money2020 Amsterdam, empowering businesses to launch digital payment services swiftly using its robust infrastructure.

Board-level cyber security representation in the UK is up 55% among critical national infrastructure sectors, according to Bridewell. This growth reflects the increasing threat landscape, with central government organisations seeing the most significant rise in secure governance.

Westcon-Comstor expands its Juniper Networks partnership to the UK, Ireland, and France, aiming to drive AI-Native Networking adoption and partner growth in these key markets.

Two Christchurch-based tech firms, Seequent and CerebralFix, launch Visible Geology, an immersive 3D educational tool to combat global shortages in earth scientists.

A new report by IFX Payments reveals that 78% of UK SMEs are set to expand globally despite facing challenges from ring-fencing regulations and Brexit.

The UK enhances its cyber defences with Digital Catapult's new initiative from Cambridge and Arm to shield critical sectors from cyber threats.

SevenRooms has now formed its first Customer Advisory Board with top hospitality leaders globally to tackle 2024's Future Proofing to Serve up Success.

Tangram has been appointed by Uniplan to lead its digital transformation, aiming to streamline workflows and standardise processes across eight global offices.

For the first time in five years, EMEA has overtaken North America as the prime target for DDoS attacks, with the UK suffering 26% of the assaults.

A new report from the Council on Geostrategy criticises the UK's short-termism, hindering its science and tech ambitions, as a snap election looms.

A SecurityScorecard report reveals 97% of the UK's FTSE 100 firms faced third-party breaches last year, stressing urgent supply chain cybersecurity enhancements.

Edenred Payment Solutions has named Rehana Mitha, an expert in cloud-based payment solutions as it snew Managing Director.

Surge in global deepfake incidents sees UK among the most-targeted nations as Sumsub reports a 245% annual rise, with elections exacerbating the issue.