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Australia's financial crime compliance costs reach $5.37bn
Data Analytics

Australia's financial crime compliance costs reach $5.37bn

Financial crime compliance costs have soared, driven by increased regulations, technology costs, and ongoing battles against evolving financial crimes.

By Shannon Williams • 3 min read • Thu, 14th Mar 2024
DCI Indonesia debuts E1, Tier IV data centre in central Jakarta
Unified Communications

DCI Indonesia debuts E1, Tier IV data centre in central Jakarta

DCI Indonesia has launched its E1 Tier IV data centre in central Jakarta, offering high service quality and latency benefits to clients across sectors like banking, telecoms, manufacturing, and state-owned firms.

By Kaleah Salmon • 3 min read • Fri, 8th Mar 2024
IWD 2024: Empowering New Investors with Clear Communication
Deloitte

IWD 2024: Empowering New Investors with Clear Communication

Clear, accessible shareholder communication is vital to empower a growing generation of female investors, in an increasingly complex financial climate.

By Jelena Djukic • 4 min read • Fri, 8th Mar 2024
Mike Stawchansky joins Finastra as Chief Innovation Officer
Marketing Technologies

Mike Stawchansky joins Finastra as Chief Innovation Officer

Finastra appoints Mike Stawchansky, an expert with over 25 years in the tech sector, as Senior VP and Chief Technology Innovation Officer to boost customer technology and Gen AI innovation.

By Imee Dequito • 2 min read • Thu, 7th Mar 2024
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

Stories from Other Regions

Financial institutions stories

Bitcoin peaks at record high against NZD ahead of halving event
Crypto

Bitcoin peaks at record high against NZD ahead of halving event

Bitcoin hits an all-time high against the NZD, nearing a similar historic landmark in USD, amid burgeoning global interest in the cryptosphere.

By Shannon Williams • 3 min read • Fri, 1st Mar 2024
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
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