Financial Services stories
Alchemyst AI has secured USD $300,000 in pre-seed funding to enhance its AI automation technology and workforce, led by Inflection Point Ventures.
Genesys has appointed Albert Nel as Senior Vice President for APAC, bringing over 20 years of tech experience to spearhead sales strategies in the region.
DataStax has launched its AI Platform in collaboration with NVIDIA to accelerate AI development, claiming a 60% reduction in development time.
Alexandra Chiaramonti has been appointed Managing Director of GoCardless's international operations to drive global growth, particularly in APAC regions.
Thales' 2024 Data Threat Report reveals a reduction in data breaches within financial services, but concerns over ransomware and GenAI adoption persist.
Everstage has successfully raised USD $30 million in Series B funding, led by Eight Roads Ventures, to enhance its innovative sales commission management platform.
Cequence Security has posted a remarkable 117% year-on-year growth in annual recurring revenue, driven by significant client acquisitions and industry recognition.
Secure Code Warrior's new study reveals that under 4% of developers are engaged in Secure-by-Design upskilling, despite critical sectors showing strong security postures.
Infosys and Microsoft are strengthening their partnership to enhance generative AI adoption globally, promising improved efficiency across several key sectors.
A Cloudflare study reveals 41% of cybersecurity leaders in Asia Pacific faced data breaches last year, amid growing fears over AI's role in such incidents.
Appdome has earned leader status in five new categories from G2, enhancing its reputation in mobile security and anti-fraud solutions.
Human Managed has released a white paper on federated learning, highlighting its potential for enhanced data privacy and digital transformation in ASEAN.
Vesper Technologies reports that 84% of financial firms now use AI, driven by competitive pressure, with spending on AI hardware set to rise significantly.
Fujitsu has launched a dedicated AWS practice in Australia to provide comprehensive cloud solutions as the local market nears AUD $38.1 billion by 2027.
Ecommpay has claimed two honours at the Compliance Register Platinum Awards 2024, recognising its excellence in marketing and compliance efforts.
LogicMonitor has launched a new data centre in Singapore, hosted by AWS, to bolster its services for clients across Southeast Asia.
GaiaLens has been named a winner of FinTech Scotland's ESG innovation call, securing funding to enhance its Greenwashing Analytics Solution.
Binance has launched early trading access for Scroll (SCR) in New Zealand, allowing users to earn tokens before their official spot listing.
Industrial Thought has appointed Mike Baker as Group Managing Director, aiming to enhance its services in securities taxation and corporate event data.
Silverpush appoints Aom Wasinee Chongmeesuk as Country Director for Thailand, aiming to enhance AI-driven advertising strategies in the evolving market.