Financial Services stories - Page 55

Xalts and Avalanche are teaming up to revolutionise financial institutions with custom blockchain networks and RWA tokenization, launching in Turkey with Misyon Bank.

Akamai's latest report reveals financial services face escalating DDoS attacks, with politically motivated strikes and rampant brand impersonation and phishing threats.

Generative AI is revolutionising service models, driving innovation and efficiency. Key players like HCLTech leverage AI for transformative impacts across sectors.

With an emphasis on data management and analytics, as well as a powerful hybrid infrastructure, Cloudera is expanding its footprint in the ANZ region.

Qumulo launches its Cloud Native Qumulo (CNQ) on Amazon Web Services, offering scalable, flexible, and cost-efficient data management for high-performance workloads.

Salesforce unveils Industries AI to streamline business processes in healthcare, automotive, and finance sectors, offering customisable, secure AI solutions.

Trustwave's latest reports unveil growing cryptocurrency and ransomware threats in financial services, highlight the urgency of combating phishing-as-a-service and insider threats.

A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.

ServiceNow debuts Now Platform Xanadu with hundreds of new AI features, promising enhanced productivity in IT, customer service, HR, and procurement.

Tanium unveils Tanium Automate to streamline real-time IT operations and security tasks, addressing skills shortages and aiming for a higher ROI.

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.

An international study reveals that 94% of New Zealand's financial leaders struggle to extract insights from outdated data, hindering AI adoption.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.

Vultr and SQream announce partnership to enhance cloud computing capabilities, aiming to support AI-driven enterprises in finance, healthcare, and telecom sectors.

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.

Financial services lead in AI readiness, with 70% actively using AI, while the retail sector lags at 30%, according to GenAI's latest report.

Fastly's latest report reveals a staggering 91% of cyberattacks targeted multiple customers this quarter, up from 69% in 2023, indicating a rise in mass scanning techniques.

Trustifi launches an automated DLP tool for MSPs, offering pre-configured rules to streamline email security across industries like healthcare and finance.