General News

November 29, 2025 @ 2:26 pm By Omar Faridi  |  

UK business confidence softens but still reportedly remains above long-term average. This, according to the latest update from the Lloyds Banking Group. As mentioned in a report from UK‘s Lloyds Bank, the overall business confidence fell a number of points to just over 40% in… Read More

November 27, 2025 @ 12:11 pm By Omar Faridi  |  

Xero, the global small business platform, has found that shifting only 10% of spending from bigger to smaller businesses could potentially mean $11 billion more in the hands of small businesses. Xero economists have analyzed 2024 New Zealand household consumption data and “excluded spending unlikely… Read More

November 27, 2025 @ 10:45 am By Omar Faridi  |  

Ahead of the busiest retail weeks of the year, including Black Friday, Cyber Monday and the Christmas shopping period, Bank of Ireland is advising consumers to “remain vigilant” of purchase scams. Recent analysis by Bank of Ireland’s Fraud team revealed that purchase scam cases rose… Read More

November 25, 2025 @ 8:01 pm By Omar Faridi  |  

Xero research has revealed a seemingly critical AI “paradox” for U.S. based small businesses: while regular or more typical AI users are more likely to see revenue growth, more than half (53%) say their business “wouldn’t be impacted if AI tools disappeared tomorrow.”  Xero’s white… Read More

November 25, 2025 @ 7:55 pm By Omar Faridi  |  

More consumers intend to make purchases during the upcoming Black Friday-Cyber Monday week, however, a report from Deloitte noted that increasing cost pressures and financial constraints are expected to bring spending down by a lot this year. Key takeaways from the extensive Deloitte report are… Read More

November 25, 2025 @ 5:09 pm By Omar Faridi  |  

Entrust, a global enabler of identity-centric security solutions, released its Identity Fraud Report. The report examines key trends, tactics, and techniques used in identity fraud in the past year, offering insights in order to help businesses protect customers and operations. Data reveals deepfakes account for… Read More

November 25, 2025 @ 4:53 pm By Omar Faridi  |  

Aberdeen Investments reports that it is now seeing positive momentum across its Emerging Market Debt strategies, with assets under management  rising from $20 billion at the end of 2024 to $22.4 billion as of 30 September 2025. This growth has been driven by active investment… Read More

November 24, 2025 @ 4:10 pm By Omar Faridi  |  

Equifax (NYSE: EFX) announced that it has completed the acquisition of Vault Verify, a provider of HR services, such as employment and income verification services. According to the update from Equifax, this acquisition enhances the data that Equifax provides to verifiers to “help them make… Read More

November 24, 2025 @ 8:07 am By Omar Faridi  |  

Data and tech company, Experian, and fraud prevention service, Cifas, released a report which reveals a 9% rise in identity fraud, signaling the scale of fraud facing UK based firms as the festive season approaches. ‘Unwrapping fraud: helping you to prepare for the festive season’… Read More

November 24, 2025 @ 8:06 am By Omar Faridi  |  

Cybersecurity firm Kaspersky noted recently that there was a significant increase in the number of résumés and jobs that had been posted on so-called underground forums in Q1 2024 when compared to Q1 2023, and this figure reportedly remained on the same level in Q1… Read More

November 23, 2025 @ 11:55 am By Omar Faridi  |  

Kaspersky in collaboration with VDC Research have announced recently that during the first three quarters of this year, ransomware attacks on various manufacturing organizations could have generated more than $18 billion in losses. This figure is now said to reflect only the so-called “direct cost”… Read More

November 22, 2025 @ 8:01 pm By Omar Faridi  |  

Ernst & Young LLP (EY US) announced that its EY Grants Accelerator platform, an AI-enabled platform intended to transform the way governments manage and disburse critical grant funding, has earned FedRAMP (Federal Risk and Authorization Management Program) Authorization. This reportedly confirms that the solution meets… Read More

November 21, 2025 @ 8:55 am By Omar Faridi  |  

Kalshi, one of the fast-growing prediction market platforms that allows users to wager on the outcomes of real-world events, has reportedly acquired $1 billion in new funding at a valuation of $11 billion. This, according to recent media reports that referenced a source claiming to… Read More

November 18, 2025 @ 8:40 pm By JD Alois  |  

Cloudflare, one of the most vital internet infrastructure firms serving tens of thousands of businesses, saw its services fail today, causing many well-known sites like X, Spotify, and this site you are visiting now. After several hours of disruptions, Cloudflare issued a statement sharing that… Read More

November 12, 2025 @ 8:07 am By Omar Faridi  |  

PitchBook noted that venture valuations are surging as liquidity begins to creep back up. Now, with liquidity returning, though still relatively modest when compared with recent years, venture market pricing has started to rise. The researchers at PitchBook also mentioned that across all investment stages,… Read More

November 11, 2025 @ 7:46 am By Omar Faridi  |  

The Bank of Ireland has recently noted that the majority or more than half of the reported cases of investment fraud have been reported by clients who are aged 65 and older. Bank of Ireland data indicated that these developments were observed during the first… Read More

November 9, 2025 @ 3:44 pm By Omar Faridi  |  

Global venture capital activity in Q1-Q3 2025 shows a seemingly clear shift in strategy as the overall deal volume year-on-year declined primarily because of an 11% decline in low-value (≤ $10 million) investments. GlobalData noted that high-value investments (>$100 million) surged 17% and billion-dollar deals… Read More

November 8, 2025 @ 3:30 pm By Omar Faridi  |  

KPMG UK has recently shared commentary on the latest Bank of England rate decision. As widely reported and anticipated, The Bank of England has decided it will keep rates on hold as it awaits the Budget, noted Yael Selfin, Chief Economist at KPMG UK. Yael Selfin of… Read More

November 7, 2025 @ 2:44 pm By Omar Faridi  |  

CrowdStrike (NASDAQ: CRWD) and Ernst & Young LLP announced that EY US has selected CrowdStrike Falcon Next-Gen SIEM as the foundational platform enabling its cybersecurity managed services. With Falcon Next-Gen SIEM and EY US managed services experience, enterprises worldwide can accelerate the move futher “beyond legacy security… Read More

November 6, 2025 @ 10:01 am By Omar Faridi  |  

Bank of England Deputy Governor Sarah Breeden has commented on recent concerns that the UK is behind the US when it comes to establishing proper stablecoin related oversight / guidelines. Breeden stated that the updated stablecoin regulations should become effective just as quickly as the… Read More