Banking stories - Page 17
Data analysts see AI as career growth, not a threat
Thu, 20th Feb 2025
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edutech
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genai
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ai
Research from Alteryx reveals that while 94% of data analysts see their roles becoming more strategic, 76% still rely on spreadsheets for data tasks.
Ikonz Studios secures funding for global AI expansion
Wed, 19th Feb 2025
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edutech
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physical security
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genai
Ikonz Studios has secured strategic Pre-Series A funding from prominent investors, bolstering its innovative AI-driven digital experiences and global expansion.
Aerospike launches Database 8 with significant updates
Thu, 13th Feb 2025
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software development
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hardware
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java
Aerospike has launched Database 8, enhancing its multi-model distributed system to ensure real-time performance and strict consistency for enterprise applications.
EC360 platform launches to revolutionise banking KYC
Tue, 4th Feb 2025
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digital transformation
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risk & compliance
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integration
Encompass has unveiled its EC360 platform to revolutionise corporate client verification in banking, addressing outdated processes amid rising competition.
India faces rising cyber threats amid digital transformation
Tue, 28th Jan 2025
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firewalls
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data protection
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dr
India's rapid digital growth boosts economy but increases cyber threat risks, targeting sectors from energy to healthcare, warns expert Shibu Paul.
Real-time KYC: Tipping the balance in corporate banking's digital revolution
Tue, 28th Jan 2025
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data analytics
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digital transformation
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fintech
As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.
EPAM Systems expands partnership with Google Cloud for AI
Thu, 23rd Jan 2025
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data analytics
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digital transformation
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power / energy
EPAM Systems is expanding its partnership with Google Cloud to deliver AI-powered solutions across media, energy, and retail sectors, driving digital transformation.
Hexaware collaborates with AWS to boost cloud adoption
Wed, 22nd Jan 2025
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digital transformation
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hyperscale
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cx
Hexaware Technologies has partnered with Amazon Web Services to enhance cloud adoption and deliver generative AI solutions across multiple sectors.
Banked acquires Waave to expand Pay by Bank in Australia
Tue, 15th Oct 2024
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payment technologies
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market
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m&a
Banked has acquired Australian payment technology firm Waave, aiming to dominate the real-time payments market and enhance the Pay by Bank experience.
Southeast Asia's financial sector faces major cybersecurity risks
Thu, 29th Aug 2024
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encryption
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advanced persistent threat protection
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iam
Tenable's new research unveils over 26,500 vulnerable internet-facing assets within Southeast Asia's BFSI sector, highlighting critical cybersecurity gaps.
Microsoft Azure outage causes global disruption across industries
Mon, 22nd Jul 2024
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supply chain
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ai security
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cybersecurity
The Microsoft Azure outage, triggered by a faulty CrowdStrike update, disrupted banking, aviation, and healthcare globally, highlighting cybersecurity flaws.
Xero launches SGD $630,000 fund to support small businesses
Wed, 10th Jul 2024
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fintech
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financial systems
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xero
Xero has launched the second Xero Beautiful Business Fund to help small businesses and non-profits with their expansion plans.
Xero relaunches Beautiful Business Fund for 2024 with NZD $750k
Wed, 10th Jul 2024
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fintech
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financial systems
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xero
Xero's Beautiful Business Fund returns in 2024, offering over NZD $750,000 in funding to support small businesses and nonprofits globally in four key categories.
Digital incidents costing Australian firms millions
Wed, 3rd Jul 2024
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fintech
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financial systems
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cost
New PagerDuty research finds digital incident costs in Australia average AUD $1,036,327, with automation touted as crucial for mitigating financial impacts.
Australian executives predict AI-driven business growth in 2024
Tue, 11th Jun 2024
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fintech
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advanced persistent threat protection
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financial systems
A new survey by OpenText Cybersecurity reveals that 92.5% of Australian executives in MSPs and MSSPs foresee significant business growth driven by AI investments in the next year.
US consumers spend USD $331.6 billion online in first quarter 2024
Thu, 30th May 2024
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data analytics
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fintech
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martech
US consumers spent USD $331.6 billion online in Q1 2024, with groceries, electronics, and apparel driving growth, Adobe Analytics reveals.
AI talent in US & European banks surges amidst sector layoffs
Tue, 14th May 2024
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ai
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talent
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banking
AI talent has grown by 9% in the world's biggest banks over the last six months, led by a recruitment drive towards AI implementation.
BMO partners with Dynatrace to upscale digital banking capabilities
Thu, 15th Feb 2024
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fintech
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cx
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martech
BMO joins forces with tech firm Dynatrace to bolster their digital banking facilities, leading to efficient problem-solving and enhanced customer experiences.
Cremorne Digital Hub launches programme to foster local tech scaleups
Tue, 21st Nov 2023
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fintech
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financial systems
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myob
Melbourne's Cremorne Digital Hub unveils CDH Scaleup Program to bolster local tech firms and limit offshoring.
Data discovery market to reach USD $20 billion value by 2030
Wed, 8th Nov 2023
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data analytics
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ai
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healthtech
The global data discovery market is projected to reach a worth of USD $20 billion by 2030, with a CAGR of 15.65%.