Financial firms deploy AI agents unmonitored, study warns
7 minutes agoA compliance gap is leaving 22% of financial services firms running AI agents in production without monitoring, a New Relic study warns.
UK stories
Mallowstreet launches SOFI Chat for UK advice firms
The new tool lets advisers search old meetings and documents in seconds, helping 857 UK firms cut admin and prep client reviews faster.
AutoRek wins two UK investment platform automation deals
The wins come as platforms serving 3.3 million customers and overseeing more than GBP £140 billion seek to cut manual reconciliation work.
Cooper Software launches TRAX v3 for IFS invoice capture
Finance teams using IFS can now automate supplier invoice capture, reducing manual data entry and freeing staff to handle exceptions instead.
UK SMEs want tax cuts as Budget worry holds back investment
Uncertainty over tax policy is delaying growth plans, with 54% of SME owners holding off major investment until after the Autumn Budget.
UK firms spend more on AI tools than workforce training
Many UK employers risk poor returns from AI because staff are being given tools faster than they are trained to use them.
Brickflow adds live funding comparisons to Upstix listings
Investors on Upstix can now compare live rates from more than 160 specialist lenders before making an offer, speeding up deals.
Editor Interviews
Conversations with technology leaders, founders and operators..webp)
Aveni: After Mills Review, AI agents need targeted assurance
Banks and other firms face fresh pressure to supervise chatbots like staff, as Aveni says smaller models need social science to spot bias and risk.
This month
Aveni CEO: Why small AI models matter to UK finance
Smaller specialist models could save UK banks millions on compliance work while reducing reliance on a handful of US tech giants.
This month
Celonis banking head: Banks want proof before scaling agents
Celonis argues frontier AI models are too generic for regulated banking, urging firms to weigh cost, risk and process gains before scaling deployments.
This month
Interview: Cloudera says open-ended AI spending is over
Enterprises are now demanding proof of value and tighter controls as AI budgets face scrutiny over compute costs and deployment choices.
Last month
Expert Opinions
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From Payment Card to Digital Trust Infrastructure: How Cards Are Evolving
Banks are using payment cards as trust anchors to link onboarding, wallet enrolment and fraud checks without adding more customer friction.
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Everyone gets one Halloween a year. Finance teams get twelve
Late-arriving receipts, approvals and invoices force finance teams into repeated month-end firefights, wasting time that should be spent on judgement.
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7 Steps to Implement Digital Identity Verification Successfully
Poorly designed checks can block genuine customers or let fraudsters through, so leaders need a risk-based verification flow that preserves conversion.
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AI in Retail is Only as Good as its Data Foundation
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Why your whole business needs to be investor-ready right now
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UK piracy is scaling faster than enforcement can keep up
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Ecommerce needs to realise the role of inclusive finance as it ...
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Latest News
More news →
Workday & Anthropic link AI tools for HR & finance
The tie-up will let HR and finance staff move between both systems without resetting permissions, while automating tasks such as compensation reviews and book closes.
Grafana Labs boosts log search as AI telemetry surges
Engineering teams can now search logs far faster as AI systems flood observability stacks with more telemetry and query demands.
Bloomberg launches Enterprise MCP for AI data access
Financial firms could cut manual data-matching work as Bloomberg's new interface gives AI agents governed access to more than 100 million securities.
Hyperlayer raises USD $25.8 million in Series A2 round
Fresh capital will help Hyperlayer hire and expand across three regions as banks seek to modernise legacy systems without costly core replacements.
Our Editorial Team
Every story is shaped by real people: journalists, editors and contributors.
Joseph Gabriel Lagonsin
News Editor
A passionate gamer with a strong love for manga, webtoons, and binge-worthy series. With one year of professional experience in editing and publishing, bringing a sharp editorial eye and a deep appreciation for storytelling, focusing on creating and refining content that connects with modern audiences.
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Karen Joy Bacudo
Finance Editor
Karen wears two hats with us, balancing her role as an editor while assisting with our finances and accounting. This means she has her finger on the pulse whether its writing content or reconciling numbers. On both sides she brings the same level of accuracy and precision.
Mara Sugue
News Editor
Mara is a writer and editor from Manila with a background in the social sciences. Her work in writing and editorial has taken her across a range of subjects, and it's this variety that keeps her interested in what she does. Outside of work, she can usually be found with a book, planning her next trip or at the climbing gym.
Mike Bishara
Features Editor
Mike has a long history writing about the infrastructure, building, construction and safety industries. These days he covers these topics for our Industrial-focused news sites across Australia and New Zealand.
Sean Mitchell
Publisher
Having started his career at Renaissance. Sean joined Apple in Melbourne for a number of years before working in the media space. This started with Review Publishing and later the tech publisher IDG Communications. In 2006 he was involved in the launch of The Channel magazine. As they say – the rest is history.
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Sofiah Nichole Salivio
News Editor
Sofiah Nichole has balanced a dual passion for technical precision and the written word since 2017. Before diving into the world of Civil Engineering, she spent years navigating school press conferences and contributing to university publications, honing her skills as a versatile staff writer. Outside of her engineering labs, you can find her advocating for student voices and looking for the next great story to tell. She believes that whether you are building a bridge or a news report, the foundation must be rock solid.
Analyst Insights
Industry research and analysis from leading firms.
AI pricing puts software firms under margin pressure
Margins are already being squeezed as 41% of software vendors say AI delivery costs are eroding profits and customers resist unpredictable bills.
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Reco raises USD $55 million as AI agent security grows
Backers are betting that enterprise AI oversight will need sharper tools, as the security software company brings total funding to USD $140 million.
Last week
Reco raises USD $55 million in AT&T Ventures-backed round
The deal lifts Reco's total funding to USD $140 million as enterprises race to govern AI agents linked to sensitive systems and data.
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Oracle launches Fusion Claw for autonomous business tasks
Businesses can now delegate more complex finance, HR and supply chain work to governed AI, as Oracle expands its agentic software suite to 75 applications.
Last week