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Financial Services Stories - Page 119

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Financial Services stories

Thoughtworks appoints new leaders to drive growth strategy
Digital Transformation

Thoughtworks appoints new leaders to drive growth strategy

Thoughtworks has announced key leadership changes with Chief Strategy Officer and APAC Regional Managing Director appointments.

By Moritz Florian • 2 min read • Wed, 19th Feb 2025
Regulated sectors pivot from detection to prevention focus
Phishing

Regulated sectors pivot from detection to prevention focus

A new report by Everfox reveals a major shift towards preventative cybersecurity strategies in US and UK regulated sectors, with 97% of organisations facing cyber incidents.

By Kaleah Salmon • 3 min read • Wed, 19th Feb 2025
Global tech spending to hit USD $4.9 trillion by 2025
Customer Experience

Global tech spending to hit USD $4.9 trillion by 2025

Forrester forecasts global technology spending will surge to USD $4.9 trillion by 2025, driven by advancements in software, AI, and cloud tech.

By Shannon Williams • 3 min read • Thu, 13th Feb 2025
Kapwork launches platform to streamline invoice factoring
IT Automation

Kapwork launches platform to streamline invoice factoring

Kapwork has launched its innovative Kapwork Verify platform to automate invoice factoring, claiming a potential 20% cut in operational costs for businesses.

By Catherine Knowles • 3 min read • Thu, 13th Feb 2025
Aerospike launches Database 8 with significant updates
Software Development

Aerospike launches Database 8 with significant updates

Aerospike has launched Database 8, enhancing its multi-model distributed system to ensure real-time performance and strict consistency for enterprise applications.

By Catherine Knowles • 3 min read • Thu, 13th Feb 2025
Elastic appoints Jeremy Pell as ANZ area vice president
Marketing Technologies

Elastic appoints Jeremy Pell as ANZ area vice president

Elastic has appointed Jeremy Pell as Area Vice President for Australia and New Zealand, aiming to boost growth and customer satisfaction in a competitive market.

By Moritz Florian • 2 min read • Wed, 12th Feb 2025
CyberCX report reveals long detection time for espionage
Ransomware

CyberCX report reveals long detection time for espionage

CyberCX's 2025 Threat Report reveals troubling trends, with espionage detection times rising to over 400 days and ransomware incidents surging to 38%.

By Sean Mitchell • 3 min read • Mon, 10th Feb 2025
Third-party vulnerabilities expose insurance industry risks
Firewalls

Third-party vulnerabilities expose insurance industry risks

A report reveals that 59% of cyber breaches in the top 150 insurance firms stem from third-party attacks, exposing serious supply chain vulnerabilities.

By Shannon Williams • 3 min read • Fri, 7th Feb 2025
DTCC unveils ComposerX for digital assets lifecycle management
Blockchain

DTCC unveils ComposerX for digital assets lifecycle management

The Depository Trust & Clearing Corporation has unveiled ComposerX, a groundbreaking suite aimed at streamlining digital asset management for financial firms.

By Catherine Knowles • 3 min read • Thu, 6th Feb 2025
Puma leads $4.3m funding for legal AI firm Semeris
Fintech

Puma leads $4.3m funding for legal AI firm Semeris

Puma Growth Partners has led a $4.3 million funding round for Semeris, enhancing its AI tools for financial institutions navigating complex legal documents.

By Catherine Knowles • 3 min read • Thu, 6th Feb 2025
UBS report: entrepreneurs eye AI for industry growth
Digital Transformation

UBS report: entrepreneurs eye AI for industry growth

UBS has launched its first Global Entrepreneur Report, revealing that 62% of entrepreneurs see AI as their greatest business opportunity amidst economic uncertainties.

By Sean Mitchell • 3 min read • Thu, 6th Feb 2025

Stories from Other Regions

Financial Services stories

Zeller launches financial solution for tech startup founders
Expense Management

Zeller launches financial solution for tech startup founders

Zeller has launched its all-in-one financial solution, Zeller for Startups, to support Australian tech founders who feel neglected by traditional banks.

By Sean Mitchell • 3 min read • Wed, 19th Feb 2025
London tech salaries lead, Manchester & Leeds compete
Data Analytics

London tech salaries lead, Manchester & Leeds compete

A new survey shows tech professionals in London earn an average salary of GBP £120,000, highlighting the city's status as a thriving technology hub.

By Shannon Williams • 3 min read • Fri, 14th Feb 2025
DTCC opens second Indian office in Hyderabad, Telangana
Business Continuity

DTCC opens second Indian office in Hyderabad, Telangana

The Depository Trust & Clearing Corporation has opened its second Indian office in Hyderabad, enhancing its operational capabilities and commitment to innovation.

By Kaleah Salmon • 3 min read • Tue, 11th Feb 2025
Tom Suter joins PAYSTRAX as UK regional sales director
Fintech

Tom Suter joins PAYSTRAX as UK regional sales director

PAYSTRAX has appointed Tom Suter as Regional Sales Director for the UK, aiming to boost its expansion across the UK and European markets.

By Kaleah Salmon • 2 min read • Mon, 10th Feb 2025
SAS acknowledged as leader in AI, risk & analytics
Internet of Things

SAS acknowledged as leader in AI, risk & analytics

SAS has been acknowledged by top analysts as a leader in risk management, fraud, AI, and analytics, reinforcing its critical role for financial institutions.

By Melania Watson • 2 min read • Fri, 7th Feb 2025
DCS Innov launches iChange multi-currency debit card
Fintech

DCS Innov launches iChange multi-currency debit card

DCS Innov has unveiled iChange, a Platinum Debit Mastercard with a multi-currency wallet, enhancing spending flexibility for global travellers.

By Shannon Williams • 3 min read • Fri, 7th Feb 2025
UK financial firms hit by rising supply chain cyber attacks
EduTech

UK financial firms hit by rising supply chain cyber attacks

New research shows that 58% of large UK financial services firms faced third-party supply chain attacks in 2024, with nearly a quarter seeing multiple incidents.

By Catherine Knowles • 3 min read • Thu, 6th Feb 2025