Financial Services stories - Page 69

PEXA Group launches a secure, permission-aware AI platform to enhance data usage and productivity, developed in collaboration with Thoughtworks, AWS, and Redactive AI.

Xalts and Avalanche are teaming up to revolutionise financial institutions with custom blockchain networks and RWA tokenization, launching in Turkey with Misyon Bank.

Akamai's latest report reveals financial services face escalating DDoS attacks, with politically motivated strikes and rampant brand impersonation and phishing threats.

Generative AI is revolutionising service models, driving innovation and efficiency. Key players like HCLTech leverage AI for transformative impacts across sectors.

With an emphasis on data management and analytics, as well as a powerful hybrid infrastructure, Cloudera is expanding its footprint in the ANZ region.

Michael Makridakis has joined Taylor David as a Partner, bringing over 20 years' experience in multi-jurisdictional insolvency to the renowned law firm.

Qumulo launches its Cloud Native Qumulo (CNQ) on Amazon Web Services, offering scalable, flexible, and cost-efficient data management for high-performance workloads.

Salesforce unveils Industries AI to streamline business processes in healthcare, automotive, and finance sectors, offering customisable, secure AI solutions.

Trustwave's latest reports unveil growing cryptocurrency and ransomware threats in financial services, highlight the urgency of combating phishing-as-a-service and insider threats.

A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.

ServiceNow debuts Now Platform Xanadu with hundreds of new AI features, promising enhanced productivity in IT, customer service, HR, and procurement.

Tanium unveils Tanium Automate to streamline real-time IT operations and security tasks, addressing skills shortages and aiming for a higher ROI.

AI is reshaping software development, with 75% of firms reporting up to 50% faster project completion. OutSystems and KPMG reveal ongoing challenges but foresee a bright future.

Sitecore appoints Stuart O'Neill as VP for Australia and NZ, and Zac Lin as VP for Asia, bolstering its APAC market presence to deliver cutting-edge digital experiences.

Xalts teams up with the Tezos Foundation to advance RWA tokenization in institutions, offering a comprehensive solution via its RWA Cloud on the Tezos blockchain.

A study by ActiveOps reveals 92% of Aussie financial leaders struggle with outdated data, hampering AI adoption, with 33% relying on data over two months old.

GoCardless has acquired Nuapay from EML Payments, aiming to enhance its payment capabilities and expand its services in new sectors and markets.

Okta has launched new identity management tools, including Identity Security Posture Management, aimed at enhancing security for financial services amid escalating cyber threats.

Vultr and SQream announce partnership to enhance cloud computing capabilities, aiming to support AI-driven enterprises in finance, healthcare, and telecom sectors.

Australian companies are being urged to grasp the difference between private and public AI to leverage AI benefits while safeguarding sensitive data.