Financial Services stories
Study reveals lack of data systems for AI advancement
Today
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digital transformation
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ai
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data management
A study by SS&C Blue Prism reveals that only 44% of organisations have the necessary data systems for next-gen AI, with 94% highlighting process orchestration's importance.
Peter Maloney appointed CEO of Lextech in leadership shake-up
Yesterday
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risk & compliance
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real estate
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financial services
Lextech announces leadership changes with Peter Maloney appointed CEO and Rafe Berding as Chief Growth Officer, aimed at boosting innovation and customer success.
Cyberattacks: A ticking time bomb for financial stability?
Last week
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ransomware
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advanced persistent threat protection
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quantum computing
The financial sector faces unprecedented cyber threats, with losses exceeding USD $12 billion in two decades, raising alarms over global economic stability.
Study reveals gender gaps in cyber security perceptions
Last week
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advanced persistent threat protection
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ai
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cyber threats
A study by e2e-assure has revealed significant gender differences in perceptions of cyber security responsibility among over 1,000 employees across key sectors.
ShareRing joins Australian government trial for age verification
Last week
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data protection
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data privacy
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social media
Melbourne's ShareRing has joined an AUD $6.5 million government trial to improve age verification for under-16s on social media, using innovative digital ID technology.
Cifas reports sharp rise in UK identity fraud cases for 2024
Last week
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uc
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data protection
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ai
Fraud cases in the UK surged by 12.5% in 2024, with identity fraud now comprising 59% of reports, highlighting a worrying trend in cybercrime tactics.
Study shows Fastly boosts security with 235% ROI increase
Last week
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firewalls
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cloud security
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cx
Fastly's recent study reveals users of its Application Security Solutions enjoy USD $6.04 million in benefits over three years, marking a 235% ROI.
Ecommpay shortlisted for 2025 ICA Compliance Award
Last week
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payment technologies
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mastercard
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cable
Ecommpay has been named a finalist in the ICA Compliance Awards Europe 2025 for its innovative Risk Control Management System developed with Cable.
Capgemini & Google Cloud unite for AI customer solutions
Last week
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uc
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digital transformation
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cx
Capgemini has teamed up with Google Cloud to develop innovative AI solutions designed to enhance customer experiences across multiple sectors.
KPMG expands AI collaboration with Google Cloud for business
Last week
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digital transformation
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hcm
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risk & compliance
KPMG is expanding its collaboration with Google Cloud to enhance AI capabilities in legal services and banking, transforming business operations across industries.
Bridgit appoints new CCO & expands distribution team
Last week
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connective
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finsure
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financial services
Bridgit has appointed Stephen Doyle as Chief Commercial Officer, looking to enhance its commercial strategy amid booming loan growth and a revamped team.
Deloitte boosts AI offerings with Google Cloud alliance
Last week
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crm
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digital transformation
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ai
Deloitte has expanded its partnerships with Google Cloud and ServiceNow, unveiling over 100 AI agents aimed at revolutionising client operations across multiple sectors.
AI founders earn higher salaries despite industry downturn
Last week
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data science
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ai
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b2b
Despite a downturn in startup salaries, AI founders are thriving, earning a median of USD $90,000—20% above the industry average, as AI startups surge.
Google Cloud & UWM partner to revolutionise mortgages
Last week
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data analytics
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ai
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cloud services
Google Cloud and United Wholesale Mortgage have launched a partnership to modernise mortgage lending, harnessing AI to streamline processes and enhance client experiences.
AI startup founders earn more despite industry decline
Last week
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data science
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ai
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b2b
A new report reveals that AI startup founders earn a median salary of USD $90,000, 20% more than their peers, despite a wider downturn in pay.
Financial services face ethical challenges, report reveals
Last week
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risk & compliance
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ethics
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financial services
A recent report by LRN reveals that financial services firms are grappling with ethics and compliance, highlighting a troubling gap in decision-making across leadership levels.
UK leads in AI with major revenue boost from data systems
Last week
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data analytics
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digital transformation
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genai
The UK is positioning itself as a leader in artificial intelligence, with 81% of large organisations reporting increased revenue thanks to improved data management.
DBS & Bank of China Singapore hit by cyberattack
Last week
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ransomware
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mfa
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physical security
A ransomware attack on a printing vendor has exposed customer data from DBS and Bank of China Singapore, highlighting urgent supply chain cybersecurity needs.
Alvin Oh joins V2 Consultancy as AI Modernisation Partner
Last week
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digital transformation
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government
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modernisation
Alvin Oh has joined V2 as an AI & Modernisation Partner, bringing over 20 years of tech experience to enhance the firm's data and AI services.
Study reveals rising cyber threats to financial industry
Last week
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malware
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ddos
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advanced persistent threat protection
A Radware study highlights alarming trends in cyber threats to the financial sector, revealing a surge in infostealer services and sophisticated OTP bots.