CIO Dive: Tech chiefs gear up to spend bigger IT budgets in 2025
As tech leaders look ahead to next year, most anticipate IT budgets to increase, according to Forrester.
UKTN: Revolut confirms share sale at $45bn valuation amid rumoured IPO Treasury talks
Revolut has confirmed plans to launch a secondary share sale valuing it at $45bn (£35bn) as the Treasury reportedly looks to court the fintech into a London listing.
Finextra: MAS collaborates with banks and tech firms on quantum security
Monetary Authority of Singapore (MAS) collaborates with banks and tech firms on quantum security.
Finextra: CFTC orders FTX to pay customers $12.7 billion
FTX has been ordered by the U.S. Commodity Futures Trading Commission to pay $12.7 billion to FTX customers and victims of its fraud, the largest recovery in CFTC history.
Finextra: HSBC pledges to retain branch numbers
HSBC has pledged not to close any more branches until at least 2026 amid political and regulatory pressure to maintain access to cash on UK high streets.
Finextra: ClearBank secures Dutch banking license
ClearBank has continued their successful growth by securing their Dutch banking license.
NewScientist: Existing quantum devices could be used to disrupt the stock market
Quantum technology could shake up the stock market.
Finextra: JP Morgan preps more biometric payment pilots
J.P. Morgan is teaming up with vendor PopID to trial pay-by-face biometric payments with merchants across the US.
Finextra: CIBC to hire 200 data and AI specialists
Canadian bank CIBC is set to hire more than 200 data and artificial intelligence roles over the next 12 months.
CSO Online: Hottest selling product on the darknet: Hacked gen AI accounts
Hottest selling product on the darknet: Hacked gen AI accounts