Financial Services stories - Page 9

London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.

Middlebank Consulting Group and SimPPLY have formed a partnership to enhance supply chain visibility, aiming to cut third-party costs by up to 15%.

Chris Wilson has been appointed Chief Financial Officer at payments platform Ecommpay, bringing a wealth of experience from the music and finance sectors.

The deadline for the EU's Digital Operational Resilience Act has arrived, pushing financial institutions to enhance their cybersecurity and compliance practices.

Wiz has partnered with The Instillery to boost adoption of its Cloud-Native Application Protection Platform in the Asia-Pacific, enhancing cloud security solutions.

The EU's Digital Operational Resilience Act, effective from 17th January, presents both hurdles and opportunities for the financial sector, say industry leaders.

Brightcove has secured the ISO/IEC 27001 certification, reinforcing its commitment to data protection in sectors including media, retail, and finance.

Alan Paton has been appointed Chief Executive Officer of Qodea, Europe's leading Google Cloud digital transformation partner, to drive further growth.

Backbase forecasts a USD $1 trillion transformation in banking by 2025, urging traditional banks to innovate or face a 30% market share loss to digital rivals.

The Asia-Pacific region is experiencing a payment revolution, with realtime transactions surging to 185.8 billion in 2023, reshaping financial interactions.

Despite facing record insolvencies due to rising costs and reduced consumer spending, Australia's small businesses remain hopeful about 2025, embracing tech-driven strategies.

As generative AI evolves, businesses are gearing up for Workplace 5.0, where human collaboration and AI integration redefine productivity by 2025.

Mail Metrics has acquired Adare SEC, its fourth purchase in four years, expanding its workforce and boosting UK revenue projections to GBP £175 million.

Fintech executives foresee 2025 shaped by evolving fraud tactics, AI, open banking regulation, and changing consumer demands in the mortgage market.

Marqeta's leaders predict fintech in 2025 will focus on hyper-personalisation, digitalisation, and proactive compliance to meet evolving consumer demands.

CloudSEK has uncovered over 30,000 exposed Postman workspaces leaking sensitive API keys, affecting major firms across healthcare, finance, and sports sectors.

Kobble has unveiled a new Embedded Finance Platform designed to tackle inefficiencies in Australia's financial sector caused by failed IT projects.

SandboxAQ has secured over $300 million in funding, bringing its pre-money valuation to $5.3 billion as it advances in AI and quantum technology.

The Digital Operational Resilience Act will come into force on 17 January 2025, impacting ICT providers linked to the financial services sector.

Bank Jago has partnered with Google Cloud for a multi-year collaboration to enhance its digital banking services using advanced cloud and AI technologies.