Financial Services stories - Page 1
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Xalts & Tezos Foundation team up to boost RWA tokenization
3 days ago
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blockchain
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monetary authority of singapore
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financial services
Xalts teams up with the Tezos Foundation to advance RWA tokenization in institutions, offering a comprehensive solution via its RWA Cloud on the Tezos blockchain.
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Australian financial leaders struggle with outdated data: study
3 days ago
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ai
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apac
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data classification
A study by ActiveOps reveals 92% of Aussie financial leaders struggle with outdated data, hampering AI adoption, with 33% relying on data over two months old.
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NZ finance leaders struggle with outdated data & AI challenges
3 days ago
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ai
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censuswide
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data classification
A new study by ActiveOps highlights that 94% of financial operations leaders in New Zealand struggle to extract meaningful insights from their data, hindering effective AI adoption.
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Moneybox partners with Aurum Solutions to automate reconciliations
3 days ago
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digital transformation
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investment
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automation
Moneybox has partnered with Aurum Solutions to automate its reconciliation processes amid a 43% growth in assets.
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GoCardless enhances with acquisition of Nuapay from EML Payments
4 days ago
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gaming
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digital entertainment
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strategy
GoCardless enhances its services by acquiring Nuapay, positioning itself as a full-service bank payment provider and expanding into new sectors, including payroll and financial services.
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Hexaware & Earnix partner to revolutionise insurance pricing
4 days ago
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data analytics
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digital transformation
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saas
Hexaware partners with Earnix to enhance insurance pricing and underwriting using advanced AI. The collaboration aims to optimise pricing strategies and bolster customer satisfaction.
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Okta boosts security with new identity management tools
Last week
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firewalls
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hyperscale
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mdm
Okta has launched new identity management tools, including Identity Security Posture Management, aimed at enhancing security for financial services amid escalating cyber threats.
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Southeast Asia's financial sector faces major cybersecurity risks
Last week
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advanced persistent threat protection
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encryption
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cybersecurity
Tenable's new research unveils over 26,500 vulnerable internet-facing assets within Southeast Asia's BFSI sector, highlighting critical cybersecurity gaps.
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Vultr & SQream partner to enhance cloud AI capabilities
Last week
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data analytics
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private cloud
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ai
Vultr and SQream announce partnership to enhance cloud computing capabilities, aiming to support AI-driven enterprises in finance, healthcare, and telecom sectors.
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David Tuck joins Waracle as new CEO amid significant growth
Last week
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digital transformation
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mobile apps
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london
David Tuck Takes Helm as Waracle CEO, Succeeding Chris Martin; Aims for Growth, Innovation in Data and AI. Waracle Recently Acquired Screenmedia.
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New Zealand fintech Debut eyes first local AI-based open bank
Last week
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fintechs
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ai
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payment technologies
New Zealand's fintech Debut is set to become the first locally-owned bank tailored for AI and open banking, aiming to dismantle financial barriers.
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Private vs Public AI: Appian urges companies to know the difference
Last week
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data privacy
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low-code
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ai
Australian companies are being urged to grasp the difference between private and public AI to leverage AI benefits while safeguarding sensitive data.
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Waracle secures major contract with SP Energy Networks
Last week
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cartech
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net zero
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evs
Scottish tech firm Waracle wins multi-million-pound contract to enhance SP Energy Networks' digital initiatives, boosting EV chargers and more.
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Action Initiation Bill marks milestone for consumer data rights & actions
Last month
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uc
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insurance
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telco
Australia's Senate has passed the Action Initiation Bill, empowering consumers to share data and initiate service actions through accredited providers, boosting competition.
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AND Solutions & AEON Thana Sinsap partner on loan processing
Last month
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digital transformation
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fintechs
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peer-to-peer lending
AND Solutions partners with AEON Thana Sinsap to streamline small loan applications in Thailand with advanced credit scoring and document processing software.
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Finance sector lacking third-party risk plans despite DORA push
Last month
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ai security
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risk & compliance
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security vulnerabilities
Only 20.8% of finance professionals have stressed exit plans with suppliers, despite DORA recommendations, highlighting a key vulnerability exposed by a recent CrowdStrike outage.
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Censornet launches module to simplify SMBs' cloud compliance
Last month
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hyperscale
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martech
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risk & compliance
Censornet launches new Posture Management module in its cloud security platform, easing compliance and risk management for mid-sized businesses by automating vulnerability detection and remediation.
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Financial services lead in global AI readiness, says GenAI report
Last month
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risk & compliance
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data privacy
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ai
Financial services lead in AI readiness, with 70% actively using AI, while the retail sector lags at 30%, according to GenAI's latest report.
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Fastly report shows 91% of cyberattacks target multiple firms
Last month
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threat intelligence
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fastly
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financial services
Fastly’s latest report reveals a staggering 91% of cyberattacks targeted multiple customers this quarter, up from 69% in 2023, indicating a rise in mass scanning techniques.
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Exclusive: WorldFirst discusses SME success in cross-border payments
Last month
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security
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sme
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cloud services
WorldFirst, led by Jim Vrondas in Australia and New Zealand, is empowering SMEs with innovative cross-border payment solutions, revolutionising global trade.