Financial Services stories - Page 41

Carol Chris, General Manager of GBG APAC, emphasises innovation in fraud prevention amid rising data breaches, as demand for compliance solutions grows.

A new survey by Infosys Knowledge Institute reveals a significant shift towards scaled AI deployment across industries, driven by reduced costs and improved success rates.

Decentralised Finance is poised to revolutionise financial systems globally, promoting transparency, inclusivity, and drastically reducing transaction costs.

Publicis Sapient has partnered with AWS to use AI and machine learning to assist businesses in cloud migration and personalised customer experiences.

Group-IB's Fraud Protection solution is now available on AWS Marketplace, enhancing online security for businesses against fraud-related threats.

Manulife reports that over 75% of its global workforce is now utilising its GenAI tools, including the newly launched ChatMFC, enhancing efficiency and innovation.

A newly uncovered botnet of over 130,000 compromised devices is exploiting Microsoft 365 accounts through password spraying attacks, raising security alarms.

Zoom and Mitel have unveiled a new hybrid communication solution that merges Zoom's collaboration features with Mitel's telephony systems, catering to enterprises' evolving needs.

Straker and IGUAZU have unveiled SwiftBridge, an AI tool aimed at helping Japanese firms meet new bilingual financial reporting regulations by 2025.

CEOs across industries share a common challenge: the quest for sustainable growth. Aiming for six per cent annual growth, firms must optimise processes and harness automation.

Huawei Cloud has launched innovative services aimed at accelerating the transition to AI-native architectures, marking significant growth and industry leadership.

Abacus Group has appointed Elizabeth Kubycheck as Chief People Officer and Chief of Staff to enhance its global people strategy amid expansion efforts.

Seventy-five per cent of banks are set to increase investment in risk technology, as a global report highlights rising priorities amid macroeconomic challenges.

DigiCert has been appointed by the American Standards Committee X9 to oversee a new Public Key Infrastructure (PKI) for global financial institutions.

CrowdStrike's research reveals a staggering 150% rise in China-linked cyber espionage, fuelled by AI tactics, posing significant risks across various industries.

Zscaler has unveiled its Asset Exposure Management tool, enhancing organisations' asset risk management within its Continuous Threat Exposure Management framework.

A newly discovered botnet, consisting of over 130,000 compromised devices, is targeting Microsoft 365 accounts with password spraying attacks, linked to China-based actors.

Starburst reports record financial results for FY25, fuelled by a 94% surge in cloud product adoption and a 20% increase in net new customers.

As unstructured data burgeons, businesses grapple with escalating challenges in governance, security, and costs, as experts urge immediate action to manage it effectively.

Version 1 has announced the appointment of Roop Singh as Chief Commercial Officer, aiming to bolster its commercial strategy and global expansion.