Financial Services stories - Page 3
Report finds financial services most targeted by DDoS attacks for 2 years
Last month
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network infrastructure
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ransomware
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phishing
Akamai’s new report reveals financial services face 34% of DDoS attacks, fueled by geopolitical tensions.
Financial services face rising DDoS threats – Akamai
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cryptocurrency
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blockchain
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botnet
Akamai’s latest report reveals financial services face escalating DDoS attacks, with politically motivated strikes and rampant brand impersonation and phishing threats.
It’s time to notice: The radical shift in service models driven by AI and GenAI
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edutech
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hyperscale
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blockchain
Generative AI is revolutionising service models, driving innovation and efficiency. Key players like HCLTech leverage AI for transformative impacts across sectors.
Cloudera makes waves in ANZ with hybrid data approach
Last month
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hybrid cloud
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risk & compliance
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data privacy
With an emphasis on data management and analytics, as well as a powerful hybrid infrastructure, Cloudera is expanding its footprint in the ANZ region.
Renowned insolvency expert Michael Makridakis joins Taylor David
Last month
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liquidation
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financial services
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law firms
Michael Makridakis has joined Taylor David as a Partner, bringing over 20 years' experience in multi-jurisdictional insolvency to the renowned law firm.
Qumulo launches cloud native service on AWS, cuts costs by 80%
Last month
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storage
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datacentre infrastructure
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hyperscale
Qumulo launches its Cloud Native Qumulo (CNQ) on Amazon Web Services, offering scalable, flexible, and cost-efficient data management for high-performance workloads.
Salesforce introduces Industries AI to revolutionise sectors
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edutech
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digital transformation
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martech
Salesforce unveils Industries AI to streamline business processes in healthcare, automotive, and finance sectors, offering customisable, secure AI solutions.
SQR acquired by SQRx to drive digital identity innovation
Last month
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cybersecurity
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cloud services
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entrepreneur
SQR has been acquired by UK-based SQRx, aiming to boost digital identity growth. Entrepreneur Grahame Chilton, SQRx’s largest shareholder, sees it as a 'groundbreaking' move.
UK firms lag in cybersecurity confidence, study reveals
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supply chain & logistics
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ai
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ar, vr & metaverse
Only 25% of UK businesses perceive themselves as cybersecurity leaders, highlighting tech connectivity's impact on performance and resilience.
Trustwave highlights critical cyber threats to financial services
Last month
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ransomware
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cryptocurrency
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blockchain
Trustwave's latest reports unveil growing cryptocurrency and ransomware threats in financial services, highlight the urgency of combating phishing-as-a-service and insider threats.
AI reduces software development time by up to 50%, survey finds
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devops
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apm
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low-code
A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.
ServiceNow boosts AI capabilities with Now Platform Xanadu
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uc
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data analytics
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hcm
ServiceNow debuts Now Platform Xanadu with hundreds of new AI features, promising enhanced productivity in IT, customer service, HR, and procurement.
Tanium launches Automate to streamline IT tasks & boost ROI
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low-code
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edr
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no-code
Tanium unveils Tanium Automate to streamline real-time IT operations and security tasks, addressing skills shortages and aiming for a higher ROI.
AI cuts development time by 50%, but concerns on job losses grow
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devops
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apm
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low-code
AI is reshaping software development, with 75% of firms reporting up to 50% faster project completion. OutSystems and KPMG reveal ongoing challenges but foresee a bright future.
Sitecore appoints new VPs to strengthen Asia-Pacific presence
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martech
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partner programmes
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cdp
Sitecore appoints Stuart O'Neill as VP for Australia and NZ, and Zac Lin as VP for Asia, bolstering its APAC market presence to deliver cutting-edge digital experiences.
Xalts & Tezos Foundation team up to boost RWA tokenization
Last month
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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
Last month
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ai
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data classification
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financial services
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
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ai
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data classification
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censuswide
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
Last month
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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
Last month
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gaming
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digital entertainment
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insurance
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.