TechDay Canada - Canada's technology news network

Financial institutions Stories - Page 27

Global Stories

Financial institutions stories

IWD 2024: Digital tools key to opening the door for women's economic empowerment
Fintech

IWD 2024: Digital tools key to opening the door for women's economic empowerment

Digital learning tools hold a potential catalyst for boosting the economic presence of women, as this IWD 2024 highlights, aiming to bridge the gap for unbanked women in Asia-Pacific.

By Nirri Shah • 5 min read • Thu, 7th Mar 2024
Business Systems Ltd welcomes new CEO, Mike Wardell
Digital Transformation

Business Systems Ltd welcomes new CEO, Mike Wardell

Business Systems Ltd appoints Mike Wardell, former Giacom CEO, who steered the firm to £100M revenue, as its new CEO, cementing the firm's commitment to overseeing digital transformation, compliance solutions and cultivating strong corporate culture.

By Imee Dequito • 3 min read • Thu, 7th Mar 2024
Jersey Telecom acquires Spectrum to boost global online payment security
Physical Security

Jersey Telecom acquires Spectrum to boost global online payment security

Jersey Telecom's acquisition of Australian tech company Spectrum bolsters the fight against online payment fraud, reinforcing security on a global scale.

By Kaleah Salmon • 3 min read • Wed, 28th Feb 2024
January sees three-year high in ransomware attacks across the globe
Artificial Intelligence

January sees three-year high in ransomware attacks across the globe

Despite a 27% drop from December 2023, January 2024 saw a three-year high in ransomware attacks, reflecting a year-on-year rise. NCC Group's analysis shows Lockbit remains the top perpetrator.

By Kaleah Salmon • 3 min read • Thu, 22nd Feb 2024
Finastra & SYSTEX partner to boost Taiwan's banking sector
Digital Transformation

Finastra & SYSTEX partner to boost Taiwan's banking sector

Finastra has inked a new partnership with Taiwan's SYSTEX to boost digital transformation and growth in Taiwan's banking sector, with SYSTEX to resell Finastra's Kondor and Risk solutions.

By Imee Dequito • 2 min read • Mon, 19th Feb 2024
BlueVoyant warns of rising cyber threats beyond IT perimeters
Email Security

BlueVoyant warns of rising cyber threats beyond IT perimeters

BlueVoyant's second report on external cyber defence trends highlights emerging risks beyond IT perimeters, including AI's role in intensifying cyber attacks.

By Shannon Williams • 3 min read • Tue, 13th Feb 2024
Delinea appoints tech veteran Kate Reed as new CMO
Privileged Access Management

Delinea appoints tech veteran Kate Reed as new CMO

Tech and cybersecurity veteran Kate Reed joins global Privileged Access Management provider, Delinea, as Chief Marketing Officer, bringing 20+ years of experience.

By Imee Dequito • 2 min read • Wed, 7th Feb 2024
Kore.ai secures $150 million for AI expansion & innovation
Financial institutions

Kore.ai secures $150 million for AI expansion & innovation

Advanced AI tech leader Kore.ai raises $132 million in Series D funding, facilitated by FTV Capital and existing investors, aiming to boost market expansion and AI innovation.

By Catherine Knowles • 3 min read • Wed, 31st Jan 2024
Impactsure's AI SURE platform available on Microsoft Azure
Data Analytics

Impactsure's AI SURE platform available on Microsoft Azure

Impactsure launches its AI-powered SURE platform on Microsoft Azure Marketplace, offering data extraction, processing, and analytics.

By Shannon Williams • 2 min read • Thu, 25th Jan 2024
eFlow Global reveals expansion plans to strengthen US presence
Risk & Compliance

eFlow Global reveals expansion plans to strengthen US presence

Regtech firm eFlow Global announces plans for international expansion, strengthening its position in the US and increasing its already significant client base by 57% in the past year.

By Catherine Knowles • 3 min read • Thu, 18th Jan 2024
Document automation strategies for Asia Pacific financial services in 2024
Unified Communications

Document automation strategies for Asia Pacific financial services in 2024

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.

By Thomas Roland • 3 min read • Wed, 17th Jan 2024
Hardware security modules market set to double by 2028
Encryption

Hardware security modules market set to double by 2028

The global HSMs market is set to rise from $1.2bn in 2023 to $2.3bn by 2028, driven by growing cyber threats, data security needs and digital transactions.

By Shannon Williams • 3 min read • Tue, 9th Jan 2024

Stories from Other Regions

Financial institutions stories

Finastra partners with UNITAS to boost digital transformation in South Korea
Digital Transformation

Finastra partners with UNITAS to boost digital transformation in South Korea

Finastra partners with South Korean risk and compliance firm UNITAS to drive digital transformation in local banking operations, tapping into UNITAS's expertise and Finastra's advanced treasury system.

By Kaleah Salmon • 3 min read • Wed, 28th Feb 2024
Visa's AI averts fraud worth $273m in New Zealand banks
Marketing Technologies

Visa's AI averts fraud worth $273m in New Zealand banks

Visa uses AI to help New Zealand financial institutions prevent $273m in fraud, marking a three-fold increase from 2021 and highlighting the pivotal role of AI in financial security.

By Catherine Knowles • 3 min read • Thu, 15th Feb 2024
Data Zoo names former London Stock Exchange exec as new CEO
Risk & Compliance

Data Zoo names former London Stock Exchange exec as new CEO

Data Zoo, an award-winning global identity provider, has appointed former London Stock Exchange Group executive, Charlie Minutella, as its new CEO, signalling a major strategic shift.

By Imee Dequito • 3 min read • Tue, 13th Feb 2024
GB Helios celebrates four years of successful partnership with Mambu
Financing

GB Helios celebrates four years of successful partnership with Mambu

GB Helios celebrates four years of prosperous collaboration with cloud bank platform Mambu, key to the firm's rapid growth and enhanced client experience.

By Catherine Knowles • 2 min read • Tue, 23rd Jan 2024
Rivero secures $7 million to boost Europe-wide fintech growth
Software-as-a-Service

Rivero secures $7 million to boost Europe-wide fintech growth

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

By Catherine Knowles • 2 min read • Tue, 16th Jan 2024
Hitachi Payment Services completes acquisition of Writer Corporation's Cash Business
Payment Technologies

Hitachi Payment Services completes acquisition of Writer Corporation's Cash Business

Hitachi Payment Services bolsters its position in India's payments industry with the acquisition of Writer Corporation's Cash Management Business, now rebranded as Hitachi Cash Management Services.

By Catherine Knowles • 3 min read • Mon, 8th Jan 2024