Financial Services stories - Page 53

Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.

Lithuania's iDenfy partners with StackGo to boost the Australian firm's SaaS solutions for SMEs in regulated sectors, employing Anti-Money Laundering screening for smarter compliance.

BillingPlatform secures a massive $90m growth equity investment from FTV Capital, boosting its ongoing expansion in a growing $10bn market.

Bugcrowd's latest annual Vulnerability Trends Report highlights the rising acceptance of public crowdsourced security.

A shocking 30% increase in attacks on critical infrastructures was recorded in 2023, resulting in over 420 million incidents.

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.

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.

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.

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.

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.

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

InterSystems gains Gartner's Challenger status for third time, highlighting its cloud database management prowess.

ESG goals shift from optional to essential in business, with automation aiding efficiency and sustainability.

Safetica forms strategic alliance with Kaira to enhance data security solutions and cater to increasing cybersecurity needs in the APAC region.

Cybersecurity firm CrowdStrike, in cooperation with its strategic partner Optiv, has passed $1 billion in global sales.