Financial Services stories - Page 17

Equinix introduces a fully managed private cloud service, providing enterprises efficient access to NVIDIA DGX AI supercomputing for building and operating bespoke generative AI models.

Former British Gas MD, Ian Peters, appointed as Chairman of London-based data consultancy Sagacity, ahead of a predicted period of substantial growth in 2024.

Dr Kevin Tham, a veteran in information security, becomes the first Chief Information Security Officer (CISO) at Australian fintech Rich Data Co to improve cyber security risk and resilience.

Alarming underperformance in outsourced cybersecurity suppliers has increases breach risk to the UK's financial sector.

UK cybersecurity firm, Bridewell, is teaming up with Microsoft to refine their Security Copilot product, leveraging AI technology to enhance cyber defence capabilities.

Over 50% of Australian lenders feel unprepared to assess customer creditworthiness effectively in the current economic climate due to insufficient data, according to a new report.

Aryza acquires Oyster Bay Systems and Profile Data Services to enhance its footprint within the UK and Europe's loan management landscape, offering seamless and integrated software solutions.

Cyber attacks on financial services surge in 2023 with a 137% rise in vendor email compromise attacks, posing serious financial risks.

In 2024, Asia Pacific financial firms are leaning into document automation strategies to enhance productivity, in a climate of rapid change boosted by pandemic, inflation, and employee disengagement.

Swiss fintech firm Rivero has raised $7m in a Series A funding round to expand its Europe-wide presence.

Australian investment platform Stake ushers in new growth chapter, appointing experienced finance leader Jon Howie as CEO while founder Matt Leibowitz transitions to Executive Director role.

Jscrambler secures a second consecutive win at the 2024 BIG Innovation Awards for its pioneering client-side protection platform, leading global technology innovation and disruption.

Financial services could see improved staff satisfaction by embracing digital transformation, amid a decrease in the employment rate for talent aged 16-64.

E& enterprise partners with Fintech startup, Fils, to pioneer a sustainable digital payments system in the UAE, allowing customers to offset carbon emissions with each transaction.

InterSystems has been named a Challenger in the Gartner Magic Quadrant for Cloud Database Management Systems, demonstrating its vision and capacity in enterprise digital transformation.

Ecommerce and fintech firms tap into the potential of AI-enabled data centres, harnessing GPU-powered servers to enhance data processing, bolster fraud detection, and streamline payment systems.

Intel and DigitalBridge have launched Articul8, an independent AI company delivering comprehensive GenAI platform solutions with safeguarded, scalable and varied deployment options.

In a bid to enhance growth, AI security firm, Traceable AI, hires Brian McDonough, a former team member of Snyk and Recorded Future, as Chief Revenue Officer.

HDBank partners with JCB International to launch an advanced credit card in Vietnam, providing exclusive perks and cashback for users.

The Business Process Management market is set to skyrocket from $16 billion in 2023 to $38 billion by 2030, due to digital transformation push.