Financial Services stories

Starburst reports record financial results for FY25, fuelled by a 94% surge in cloud product adoption and a 20% increase in net new customers.

Ataccama has partnered with Concord to tackle data modernisation issues in regulated sectors, enhancing data trust and compliance for healthcare and financial services.

As unstructured data burgeons, businesses grapple with escalating challenges in governance, security, and costs, as experts urge immediate action to manage it effectively.

Lendela has appointed Kent Huang as CFO and Steven Wong as CTO, aiming for expansion in the Asia Pacific following strong performance in 2024.

Version 1 has announced the appointment of Roop Singh as Chief Commercial Officer, aiming to bolster its commercial strategy and global expansion.

Thoughtworks has announced key leadership changes with Gene Reznik as Chief Strategy Officer and Steven Yurisich as Asia Pacific Regional Managing Director, enhancing its growth strategy.

Zeller has launched its all-in-one financial solution, Zeller for Startups, to support Australian tech founders who feel neglected by traditional banks.

A new report by Everfox reveals a major shift towards preventative cybersecurity strategies in US and UK regulated sectors, with 97% of organisations facing cyber incidents.

A new survey shows tech professionals in London earn an average salary of GBP £120,000, highlighting the city's status as a thriving technology hub.

Forrester forecasts global technology spending will surge to USD $4.9 trillion by 2025, driven by advancements in software, AI, and cloud tech.

Kapwork has launched its innovative Kapwork Verify platform to automate invoice factoring, claiming a potential 20% cut in operational costs for businesses.

Aerospike has launched Database 8, enhancing its multi-model distributed system to ensure real-time performance and strict consistency for enterprise applications.

Elastic has appointed Jeremy Pell as Area Vice President for Australia and New Zealand, aiming to boost growth and customer satisfaction in a competitive market.

The Depository Trust & Clearing Corporation has opened its second Indian office in Hyderabad, enhancing its operational capabilities and commitment to innovation.

PAYSTRAX has appointed Tom Suter as Regional Sales Director for the UK, aiming to boost its expansion across the UK and European markets.

CyberCX's 2025 Threat Report reveals troubling trends, with espionage detection times rising to over 400 days and ransomware incidents surging to 38%.

SAS has been acknowledged by top analysts as a leader in risk management, fraud, AI, and analytics, reinforcing its critical role for financial institutions.

DCS Innov has unveiled iChange, a Platinum Debit Mastercard with a multi-currency wallet, enhancing spending flexibility for global travellers.

A report reveals that 59% of cyber breaches in the top 150 insurance firms stem from third-party attacks, exposing serious supply chain vulnerabilities.

New research shows that 58% of large UK financial services firms faced third-party supply chain attacks in 2024, with nearly a quarter seeing multiple incidents.