Financial Services stories
AI is reshaping software development, with 75% of firms reporting up to 50% faster project completion. OutSystems and KPMG reveal ongoing challenges but foresee a bright future.
Sitecore appoints Stuart O'Neill as VP for Australia and NZ, and Zac Lin as VP for Asia, bolstering its APAC market presence to deliver cutting-edge digital experiences.
Xalts teams up with the Tezos Foundation to advance RWA tokenization in institutions, offering a comprehensive solution via its RWA Cloud on the Tezos blockchain.
A study by ActiveOps reveals 92% of Aussie financial leaders struggle with outdated data, hampering AI adoption, with 33% relying on data over two months old.
An international study reveals that 94% of New Zealand's financial leaders struggle to extract insights from outdated data, hindering AI adoption.
Okta has launched new identity management tools, including Identity Security Posture Management, aimed at enhancing security for financial services amid escalating cyber threats.
Tenable's new research unveils over 26,500 vulnerable internet-facing assets within Southeast Asia's BFSI sector, highlighting critical cybersecurity gaps.
Vultr and SQream announce partnership to enhance cloud computing capabilities, aiming to support AI-driven enterprises in finance, healthcare, and telecom sectors.
Australian companies are being urged to grasp the difference between private and public AI to leverage AI benefits while safeguarding sensitive data.
Financial services lead in AI readiness, with 70% actively using AI, while the retail sector lags at 30%, according to GenAI's latest report.
Moneybox has partnered with Aurum Solutions to automate its reconciliation processes amid a 43% growth in assets.
GoCardless has acquired Nuapay from EML Payments, aiming to enhance its payment capabilities and expand its services in new sectors and markets.
Hexaware has teamed up with Earnix to enhance insurance pricing through advanced AI, aiming to improve strategies, customer satisfaction, and competitive positioning.
David Tuck Takes Helm as Waracle CEO, Succeeding Chris Martin; Aims for Growth, Innovation in Data and AI. Waracle Recently Acquired Screenmedia.
New Zealand's fintech Debut is set to become the first locally-owned bank tailored for AI and open banking, aiming to dismantle financial barriers.
Scottish tech firm Waracle wins multi-million-pound contract to enhance SP Energy Networks' digital initiatives, boosting EV chargers and more.
Australia's Senate has passed the Action Initiation Bill, empowering consumers to share data and initiate service actions through accredited providers, boosting competition.
AND Solutions partners with AEON Thana Sinsap to streamline small loan applications in Thailand with advanced credit scoring and document processing software.
Only 20.8% of finance professionals have stressed exit plans with suppliers, despite DORA recommendations, highlighting a key vulnerability exposed by a recent CrowdStrike outage.
Censornet has unveiled its new Posture Management module, designed to enhance compliance and risk management for small and mid-sized businesses in the cloud.