Financial Services stories - Page 10

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 partners with Earnix to enhance insurance pricing and underwriting using advanced AI. The collaboration aims to optimise pricing strategies and bolster customer satisfaction.

Okta has launched new identity management tools, including Identity Security Posture Management, aimed at enhancing security for financial services amid escalating cyber threats.

Tenable's new research unveils over 26,500 vulnerable internet-facing assets within Southeast Asia's BFSI sector, highlighting critical cybersecurity gaps.

Vultr and SQream announce partnership to enhance cloud computing capabilities, aiming to support AI-driven enterprises in finance, healthcare, and telecom sectors.

David Tuck Takes Helm as Waracle CEO, Succeeding Chris Martin; Aims for Growth, Innovation in Data and AI. Waracle Recently Acquired Screenmedia.

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.

Australian companies are being urged to grasp the difference between private and public AI to leverage AI benefits while safeguarding sensitive data.

Scottish tech firm Waracle wins multi-million-pound contract to enhance SP Energy Networks' digital initiatives, boosting EV chargers and more.

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 partners with AEON Thana Sinsap to streamline small loan applications in Thailand with advanced credit scoring and document processing software.

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 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 AI readiness, with 70% actively using AI, while the retail sector lags at 30%, according to GenAI's latest report.

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.

WorldFirst, led by Jim Vrondas in Australia and New Zealand, is empowering SMEs with innovative cross-border payment solutions, revolutionising global trade.

Trustifi launches an automated DLP tool for MSPs, offering pre-configured rules to streamline email security across industries like healthcare and finance.

DDoS attacks surge 106% in six months, with average duration up 18%. Zayo highlights AI advances and geopolitical conflicts as key drivers.

Digital transformation reshapes financial services, influencing recruitment and leveraging AI, automation, and cloud tech to meet evolving demands and mitigate risks.

A new Cohesity survey reveals a stark reality: 67% of firms suffered ransomware attacks in 2024 despite 78% having confidence in their cyber resilience.