The Bank of England (BoE) has announced plans to make artificial intelligence (AI), distributed ledger technology (DLT), and quantum computing the cornerstone of its technology strategy. In a newly released report, the central bank outlined how it intends to leverage these “cross-cutting technologies” to achieve transformative outcomes across the UK’s financial system and wider economy. The strategy emphasizes not only the Bank’s own adoption of these tools but also its broader role in encouraging responsible innovation throughout the financial services sector.
To understand the impact of increasing global regulatory fragmentation, the International Regulatory Strategy Group (IRSG)* has developed a ‘Global Regulatory Coherence Dashboard’ to map the extent of global alignment or divergence in financial regulations across key policy areas affecting UK-based financial and related professional services.
Cybersecurity researchers at ReliaQuest have uncovered a year-long cyber espionage campaign attributed to Flax Typhoon—a Chinese state-sponsored hacking group also known as Ethereal Panda and RedJuliett.
A massive data exposure linked to the invoicing and billing platform Invoicely left nearly 180,000 private files accessible online without password protection or encryption.
Visa has revealed that its Scam Disruption Practice has intercepted more than $1 billion in fraud attempts since launching just a year ago, including $260 million in Europe. Working alongside clients and law enforcement agencies worldwide, the initiative has already dismantled over 25,000 scam merchants, marking a major step in the company’s ongoing fight against digital fraud.
JPMorgan Chase is spending $2 billion a year developing artificial intelligence—and reaping about the same amount in savings, according to CEO Jamie Dimon.
CEO confidence in the global economy has hit a five-year low, according to the KPMG 2025 Global CEO Outlook, as corporate leaders focus strategic investments in AI, talent and risk resilience to sustain and fuel future growth.The annual survey of more than 1,300 global leaders reveals a cautious outlook among CEOs, driven by persistent geopolitical tensions and economic uncertainty.
A recent Mastercard report highlights a rising global concern about cybersecurity, with 76% of consumers saying they’re more worried today than two years ago. In fact, 70% believe it’s harder to protect their personal data online than it is to secure their own homes.
