Financial Services stories - Page 13

In a crucial pre-launch move, cybersecurity firm Zally has appointed David Webb, a respected industry veteran, as Chairman to bolster its market presence and hasten growth.

FinTech Australia, backed by Investment NSW, partners with major banks ANZ, Westpac and tech firm 1835i for a reverse pitch event on 21 February 2024, inviting fintechs to solve local banking issues.

Cloudwerx, acquires Australian AI consultancy, Lightfold, broadening its advanced, data-driven service offering to customers in the APAC region.

Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.

Lithuania's iDenfy partners with StackGo to boost the Australian firm's SaaS solutions for SMEs in regulated sectors, employing Anti-Money Laundering screening for smarter compliance.

Justin Mowday takes the reins as Accenture's Country Managing Director for New Zealand from March 1, 2024, bolstering the firm's executive committee.

BillingPlatform secures a massive $90m growth equity investment from FTV Capital, boosting its ongoing expansion in a growing $10bn market.

Bugcrowd's latest annual Vulnerability Trends Report highlights the rising acceptance of public crowdsourced security.

A shocking 30% increase in attacks on critical infrastructures was recorded in 2023, resulting in over 420 million incidents.

Equinix introduces a fully managed private cloud service, providing enterprises efficient access to NVIDIA DGX AI supercomputing for building and operating bespoke generative AI models.

Former British Gas MD, Ian Peters, appointed as Chairman of London-based data consultancy Sagacity, ahead of a predicted period of substantial growth in 2024.

Dr Kevin Tham, a veteran in information security, becomes the first Chief Information Security Officer (CISO) at Australian fintech Rich Data Co to improve cyber security risk and resilience.

Alarming underperformance in outsourced cybersecurity suppliers has increases breach risk to the UK's financial sector.

UK cybersecurity firm, Bridewell, is teaming up with Microsoft to refine their Security Copilot product, leveraging AI technology to enhance cyber defence capabilities.

Over 50% of Australian lenders feel unprepared to assess customer creditworthiness effectively in the current economic climate due to insufficient data, according to a new report.

Aryza acquires Oyster Bay Systems and Profile Data Services to enhance its footprint within the UK and Europe's loan management landscape, offering seamless and integrated software solutions.

Cyber attacks on financial services surge in 2023 with a 137% rise in vendor email compromise attacks, posing serious financial risks.

In 2024, Asia Pacific financial firms are leaning into document automation strategies to enhance productivity, in a climate of rapid change boosted by pandemic, inflation, and employee disengagement.

Swiss fintech firm Rivero has raised $7m in a Series A funding round to expand its Europe-wide presence.

Australian investment platform Stake ushers in new growth chapter, appointing experienced finance leader Jon Howie as CEO while founder Matt Leibowitz transitions to Executive Director role.