Financial Services stories
Carol Chris, General Manager of GBG APAC, emphasises innovation in fraud prevention amid rising data breaches, as demand for compliance solutions grows.
A new survey by Infosys Knowledge Institute reveals a significant shift towards scaled AI deployment across industries, driven by reduced costs and improved success rates.
Splunk's report reveals Australian firms could lose AUD $86 billion annually from unplanned downtime, raising concerns over cybersecurity resilience in the region.
Decentralised Finance is poised to revolutionise financial systems globally, promoting transparency, inclusivity, and drastically reducing transaction costs.
Publicis Sapient has partnered with AWS to use AI and machine learning to assist businesses in cloud migration and personalised customer experiences.
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 Protection solution is now available on AWS Marketplace, enhancing online security for businesses against fraud-related threats.
Manulife reports that over 75% of its global workforce is now utilising its GenAI tools, including the newly launched ChatMFC, enhancing efficiency and innovation.
A newly uncovered botnet of over 130,000 compromised devices is exploiting Microsoft 365 accounts through password spraying attacks, raising security alarms.
Red Canary has unveiled enhancements to its Security Data Lake, offering organisations a cost-effective solution for storing infrequently accessed security logs.
Swiss insurer Baloise has transitioned its document management processes to Insiders Technologies' AI-powered cloud, enhancing efficiency and innovation.
Endowus has teamed up with Twilio to enhance security on its digital wealth platform, addressing a surge in fraud cases with advanced verification measures.
IDnow has secured a strategic majority investment from Corsair Capital, enhancing its position in the European identity verification market and fuelling global expansion.
Radware has partnered with CHT Security to enhance AI-powered application security in Taiwan, addressing rising cyber threats amidst escalating DDoS attacks.
Bravura Solutions is set to enhance retirement advice for over 6 million Australian super fund members, driving a digital revolution in the sector.
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, CMO of Ecommpay, has once again been named in the Innovate Finance Women in FinTech Powerlist 2024, recognising her impact in the industry.
AnswerRocket has launched a new Enterprise AI Consulting Division, appointing two seasoned leaders to drive business transformation through AI solutions.
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.
A surge in insolvency risks is predicted for Australian firms in 2025, with failure rates rising 6% in late 2024 amid renewed financial pressures.