Financial Services stories - Page 3
Australian downtime costs climb to AUD $86 billion annually
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malware
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siem
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cloud security
Splunk's report reveals Australian firms could lose AUD $86 billion annually from unplanned downtime, raising concerns over cybersecurity resilience in the region.
Endowus teams with Twilio to enhance platform security
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cybersecurity
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sms
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fraud
Endowus has teamed up with Twilio to enhance security on its digital wealth platform, addressing a surge in fraud cases with advanced verification measures.
Decentralized Finance: Reimagining the future of financial systems
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blockchain
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financial systems
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defi
Decentralised Finance is poised to revolutionise financial systems globally, promoting transparency, inclusivity, and drastically reducing transaction costs.
IDnow secures investment to expand global identity market
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gaming
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uc
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digital entertainment
IDnow has secured a strategic majority investment from Corsair Capital, enhancing its position in the European identity verification market and fuelling global expansion.
Publicis Sapient joins forces with AWS for AI cloud solutions
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data protection
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digital transformation
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hyperscale
Publicis Sapient has partnered with AWS to use AI and machine learning to assist businesses in cloud migration and personalised customer experiences.
Radware partners with CHT Security for AI-driven protection
Last month
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firewalls
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application security
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advanced persistent threat protection
Radware has partnered with CHT Security to enhance AI-powered application security in Taiwan, addressing rising cyber threats amidst escalating DDoS attacks.
ANZ banks tackle legacy systems with modernisation push
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digital transformation
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ict
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banking
Australian and New Zealand banks are investing billions in ICT, but the challenge remains: how to ensure these funds translate into tangible business value.
Group-IB's fraud solution now accessible via AWS Marketplace
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malware
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gaming
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digital entertainment
Group-IB's Fraud Protection solution is now available on AWS Marketplace, enhancing online security for businesses against fraud-related threats.
Manulife engages 75% workforce with GenAI tools globally
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digital transformation
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cx
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data science
Manulife reports that over 75% of its global workforce is now utilising its GenAI tools, including the newly launched ChatMFC, enhancing efficiency and innovation.
Bravura expands financial tools for 6m Aussie super members
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digital transformation
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digital revolution
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bravura solutions
Bravura Solutions is set to enhance retirement advice for over 6 million Australian super fund members, driving a digital revolution in the sector.
BankID joins advisory boards to enhance UK digital IDs
Last month
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financial institutions
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digital identity
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financial services
TISA Commercial Enterprise has announced that Norwegian Digital ID firm BankID will join the advisory committees of Select ID to enhance digital identity accessibility in the UK.
Miranda McLean honoured in 2024 Women in FinTech Powerlist
Last month
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fintech
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financial services
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mentorship
Miranda McLean, CMO of Ecommpay, has once again been named in the Innovate Finance Women in FinTech Powerlist 2024, recognising her impact in the industry.
AnswerRocket launches new enterprise AI consulting division
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data analytics
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digital transformation
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ai
AnswerRocket has launched a new Enterprise AI Consulting Division, appointing two seasoned leaders to drive business transformation through AI solutions.
Hackers exploit botnet to attack Microsoft 365 accounts
Last month
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edutech
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mfa
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cybersecurity
A newly uncovered botnet of over 130,000 compromised devices is exploiting Microsoft 365 accounts through password spraying attacks, raising security alarms.
Red Canary unveils cost-saving data storage enhancement
Last month
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storage
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siem
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advanced persistent threat protection
Red Canary has unveiled enhancements to its Security Data Lake, offering organisations a cost-effective solution for storing infrequently accessed security logs.
New Zealanders spent 24 million hours on hold in 2024
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uc
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it training
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cx
A report reveals New Zealanders spent 24 million hours on hold for customer service in 2024, with two-thirds considering switching providers due to delays.
Australian insolvency rates predicted to increase in 2025
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utilities
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illion
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financial services
A surge in insolvency risks is predicted for Australian firms in 2025, with failure rates rising 6% in late 2024 amid renewed financial pressures.
Zoom & Mitel launch hybrid communications solution
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uc
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ai
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hybrid & remote work
Zoom and Mitel have unveiled a new hybrid communication solution that merges Zoom's collaboration features with Mitel's telephony systems, catering to enterprises' evolving needs.
Straker & IGUAZU launch AI tool for Japan's financials
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ai
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investment
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financial services
Straker and IGUAZU have unveiled SwiftBridge, an AI tool aimed at helping Japanese firms meet new bilingual financial reporting regulations by 2025.
The race to six: Navigating the path to sustainable growth
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data analytics
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digital transformation
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cx
CEOs across industries share a common challenge: the quest for sustainable growth. Aiming for six per cent annual growth, firms must optimise processes and harness automation.