Financial Services stories
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.
Australian financial leaders struggle with outdated data: study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A study by ActiveOps reveals 92% of Aussie financial leaders struggle with outdated data, hampering AI adoption, with 33% relying on data over two months old.
NZ finance leaders struggle with outdated data & AI challenges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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.