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Financial Services Stories - Page 184

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Financial Services stories

Financial services face outages costing USD $2.2 million per hour
Digital Transformation

Financial services face outages costing USD $2.2 million per hour

New Relic's report reveals financial services and insurance face costly outages, with business-impact events costing a median USD $2.2 million per hour.

By Melania Watson • 4 min read • Wed, 30th Apr 2025
NetFoundry gains USD $12 million funding for secure networking
Firewalls

NetFoundry gains USD $12 million funding for secure networking

NetFoundry has raised USD $12 million in venture capital led by SYN Ventures, advancing its military-grade software-defined secure networking platform.

By Sean Mitchell • 3 min read • Tue, 29th Apr 2025
Uno Digital Bank adopts new loan system to boost lending agility
EduTech

Uno Digital Bank adopts new loan system to boost lending agility

Uno Digital Bank has adopted Pennant Technologies' Loan Management System to streamline operations, boost flexibility, and enhance customer lending experiences.

By Catherine Knowles • 3 min read • Mon, 28th Apr 2025
CFOs face challenges turning AI investments into business profits
Digital Transformation

CFOs face challenges turning AI investments into business profits

A study reveals 71% of global CFOs struggle to monetise AI despite recognising its critical role, with only 29% having effective revenue models in place.

By Shannon Williams • 3 min read • Thu, 24th Apr 2025
APJ region sees 73% surge in web & API attacks in 2024
Data Protection

APJ region sees 73% surge in web & API attacks in 2024

Web and API attacks in the Asia Pacific and Japan surged 73% in 2024, with 51 billion incidents linked to AI-driven cyber threats, says Akamai.

By Melania Watson • 4 min read • Wed, 23rd Apr 2025
Kiteworks reveals the top data breaches of 2024 report
Supply Chain

Kiteworks reveals the top data breaches of 2024 report

Kiteworks has revealed its report on the top data breaches of 2024, highlighting the increasing importance of data sensitivity in assessing breach severity.

By Shannon Williams • 4 min read • Fri, 18th Apr 2025

Stories from Other Regions

Financial Services stories

Global X launches first AI infrastructure ETF in Australia
Power / Energy

Global X launches first AI infrastructure ETF in Australia

Global X launches Australia's first AI infrastructure ETF, AINF, targeting firms in data centres, energy, and raw materials amid rising AI demand.

By Melania Watson • 3 min read • Wed, 30th Apr 2025
NetFoundry raises $12M to enhance secure networking
Firewalls

NetFoundry raises $12M to enhance secure networking

NetFoundry secures USD $12 million in first VC funding led by SYN Ventures, offering military-grade secure software networking to top US banks and global firms.

By Jed Nykolle Harme • 3 min read • Tue, 29th Apr 2025
SIOS & DataHub Nepal boost business resilience with new deal
Firewalls

SIOS & DataHub Nepal boost business resilience with new deal

SIOS Technology partners with DataHub Nepal to deliver high-availability and disaster recovery solutions, boosting business resilience across Nepal.

By Kaleah Salmon • 3 min read • Mon, 28th Apr 2025
Saviynt appoints Roger Hsu to spearhead Asia expansion drive
Digital Transformation

Saviynt appoints Roger Hsu to spearhead Asia expansion drive

Saviynt appoints Roger Hsu as Regional VP for Asia to lead cybersecurity growth amid rising cyber threats in the Asia-Pacific region.

By Jed Nykolle Harme • 3 min read • Fri, 25th Apr 2025
Fintech leaders urge action on reform to ease cost pressures
Fintech

Fintech leaders urge action on reform to ease cost pressures

Over 100 fintech leaders urge Australian parties to end policy inertia and finalise reforms aimed at easing cost of living pressures and boosting the sector.

By Shannon Williams • 5 min read • Thu, 24th Apr 2025
Gen Z Australians turning away from credit cards for BNPL
Buy Now Pay Later

Gen Z Australians turning away from credit cards for BNPL

A new report reveals 56% of Gen Z Australians dislike credit cards, favouring debit cards and BNPL services amid rising financial stress and complexity.

By Shannon Williams • 4 min read • Thu, 24th Apr 2025
Cybit appoints Marc Pawson as Sales Director to drive growth
Digital Transformation

Cybit appoints Marc Pawson as Sales Director to drive growth

Cybit appoints Marc Pawson as Sales Director to boost market expansion and build strong client partnerships in data intelligence and AI-driven sectors.

By Jed Nykolle Harme • 2 min read • Thu, 24th Apr 2025
Australian discretionary spending rebounds as confidence grows
Economics

Australian discretionary spending rebounds as confidence grows

Australia's Visa Spending Momentum Index rose 2.7 points to 98.6 in March, signalling a rebound in consumer spending after two months of decline.

By Melania Watson • 3 min read • Wed, 23rd Apr 2025
AnswerRocket boosts AI offerings with Cognitive Spark acquisition
Data Analytics

AnswerRocket boosts AI offerings with Cognitive Spark acquisition

AnswerRocket has acquired Cognitive Spark to enhance AI-driven data science solutions, enabling faster, enterprise-wide insights using agentic artificial intelligence.

By Shannon Williams • 3 min read • Wed, 23rd Apr 2025
Lloyds Banking Group leverages FICO to support GBP £7 billion lending
Digital Transformation

Lloyds Banking Group leverages FICO to support GBP £7 billion lending

Lloyds Banking Group boosts lending with FICO Platform, enhancing operations and approving more credit as it migrates to cloud-based infrastructure.

By Jed Nykolle Harme • 4 min read • Tue, 22nd Apr 2025
MultiSafepay sees merchant growth after Antom integration
Fintech

MultiSafepay sees merchant growth after Antom integration

MultiSafepay boosts European SME merchant base by 11% and transaction volumes by 44% post-integration with Antom, enhancing payment solutions across sectors.

By Kaleah Salmon • 3 min read • Tue, 22nd Apr 2025
MezFi welcomes James Hardy to advisory board ahead of fund
Blockchain

MezFi welcomes James Hardy to advisory board ahead of fund

MezFi appoints banking expert James Hardy to its advisory board as it nears the close of Fund 1, aimed at democratising mezzanine finance access.

By Melvin Hipolito • 4 min read • Mon, 21st Apr 2025