Financial Services stories - Page 78

Progress enhances OpenEdge platform with features to accelerate application modernisation, optimise development processes and boost security for over 100,000 global customers.

In response to growing malicious bot activity in Asia Pacific and Japan, tech giant Akamai Technologies unveils Content Protector, a new tool designed to mitigate scraping attacks while preserving beneficial traffic.

Hexaware, a global IT services leader, earns key rankings in the 2023/2024 Whitelane Research IT Sourcing Study for Europe, emphasising their vigorous commitment to customer satisfaction and excellence.

Bank of England Governor, Andrew Bailey, defies cynicism surrounding AI, predicting AI's potential for job creation and efficiency over elimination in the UK economy.

Munich's Giesecke+Devrient boosts stake in software corporation Netcetera to 95%, enhancing its financial platforms and reinforcing future growth in digital banking and payments.

UK and US financial services and insurance firms are increasingly embracing AI, however, data silos and operational risk concerns are impeding widespread application, says an EXL study.

Cevo has entered into a three-year strategic collaboration agreement with AWS, aiming to expedite innovation and meet industry demands.

Portugal-based cybersecurity giant, Jscrambler, advances global expansion plans with the appointment of new Chief Operations Officer, Mukesh Sharma, and Tyson Whitten as the Vice President of Global Marketing.

In a crucial pre-launch move, cybersecurity firm Zally has appointed David Webb, a respected industry veteran, as Chairman to bolster its market presence and hasten growth.

BillingPlatform secures a massive $90m growth equity investment from FTV Capital, boosting its ongoing expansion in a growing $10bn market.

Bugcrowd's latest annual Vulnerability Trends Report highlights the rising acceptance of public crowdsourced security.

A shocking 30% increase in attacks on critical infrastructures was recorded in 2023, resulting in over 420 million incidents.

Equinix introduces a fully managed private cloud service, providing enterprises efficient access to NVIDIA DGX AI supercomputing for building and operating bespoke generative AI models.

Former British Gas MD, Ian Peters, appointed as Chairman of London-based data consultancy Sagacity, ahead of a predicted period of substantial growth in 2024.

Dr Kevin Tham, a veteran in information security, becomes the first Chief Information Security Officer (CISO) at Australian fintech Rich Data Co to improve cyber security risk and resilience.

Alarming underperformance in outsourced cybersecurity suppliers has increases breach risk to the UK's financial sector.

UK cybersecurity firm, Bridewell, is teaming up with Microsoft to refine their Security Copilot product, leveraging AI technology to enhance cyber defence capabilities.

Aryza acquires Oyster Bay Systems and Profile Data Services to enhance its footprint within the UK and Europe's loan management landscape, offering seamless and integrated software solutions.

Cyber attacks on financial services surge in 2023 with a 137% rise in vendor email compromise attacks, posing serious financial risks.

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