Financial Services stories - Page 12

ScotlandIS triumphantly acknowledges achievers in the digital industry at the 2024 Digital Tech Awards, showcasing Scottish innovation across sectors including AI and green tech.

Kiwis wasted 22 million hours on hold for customer service in 2023, with standoffish service and high hold times causing 95% to shift their spending behaviour.

In a move to bolster its software solutions, Rocket Software completes the $2.275 billion acquisition of OpenText's Application Modernisation and Connectivity business, tripling its customer base and increasing revenues by 60%.

Dubai's climate fintech Fils partners with Pakistan's TPS to integrate sustainability infrastructure, enabling institutions across Asia to monitor their carbon emissions and buy top-tier carbon credits.

Australian tech firm Pathzero achieves SOC 2 Type 1 compliance, bolstering data protection and cybersecurity for the company and its clients.

Cloudera forms a strategic partnership with Aboitiz Data Innovation to deliver enhanced data science and AI solutions across the Asia Pacific financial services and industry sectors.

Lenovo announces suite of AI-centric infrastructure systems and solutions to boost hybrid AI innovation for data-heavy sectors.

Endava's new Agentic AI Industry Accelerator, Morpheus, aims to bring transparency and greater control to AI use in tightly regulated sectors.

Lenovo ISG reveals a suite of AI-centric infrastructure systems aimed at driving hybrid AI innovation, in partnership with AMD and including the ThinkSystem SR685a V3 8GPU server for high-performance AI workloads.

UK financial bosses worry inadequate cybersecurity could hinder nation's hopes of becoming a global AI leader, with only 13% of organisations resilient to cyberattacks, a Microsoft survey found.

FPT, a global IT firm, announces a $200m partnership with NVIDIA to build a one-stop shop for AI and Cloud services, aiming to make Vietnam an emerging AI hub and foster a skilled future workforce.

Singapore fintech startup, Qashier, secures in-principle approval for a Major Payment Institution licence from the Monetary Authority of Singapore, paving the way for diversified payment offerings.

The global powered smart card market is forecast to surge to $24.2bn by 2034, driven by enhanced functionality and advanced security features.

The 2024 M-Trends report reveals advancements in global organisations' cyber defences, with hackers’ undetected dwell time falling from 16 to 10 days, marking a decade-low.

Data and AI firm Databricks experiences a 70% YoY increase in its EMEA operations, driven by surging demand for data and AI capabilities.

Bad bots accounted for nearly half of all global internet traffic in 2024, hitting their highest ever level since monitoring began in 2013, warns cybersecurity leader Imperva.

An independent Forrester Consulting study reveals AI translation service, DeepL, can boost efficiency and save millions for global organisations, highlighting the strategic importance of translation in business growth.

Appian recognises KPMG, Groundswell, Ignyte, and Perficient at the 2024 Partner Awards for their innovative solutions and exceptional delivery on the Appian Platform.

To aid TikTok marketers, DoubleVerify rolls out a brand safety tool introducing 16 additional suitability categories, enhancing precision and protection for advertisers in aligning with suitable content.

Frollo, Australia's Open Banking service provider, urges a collaborative strategy to enhance the data quality in the nation's Consumer Data Right framework, supporting superior financial outcomes.