Financial Services stories - Page 72

Rich Data Co secures its first US client with M&T Bank Corporation, integrating AI to enhance the bank's risk management and lending strategies.

As digital transformation accelerates, sectors like finance and healthcare grapple with increased operational risks and evolving regulatory demands, necessitating a robust data management strategy.

Ciena's new study reveals a surge in AI optimism among global CSPs, predicting enhanced operational efficiency, job growth, and monetisation prospects.

The Commercial Advisory Partnership and Arteria AI are joining forces to streamline complex document processes across industries in Australia and New Zealand using advanced AI solutions.

Australian fintech Zeller is launching a regional initiative, offering AUD $10,000 in annual grants to support small businesses with tech and resources amid economic shifts.

Australia's AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.

New research reveals the global unified communications market will soar from USD $48.1B in 2021 to USD $187.6B by 2031, driven by digital transformation and remote work trends.

A Trend Micro report reveals a significant disconnect between Australian IT security leaders and C-suite executives on the severity of cyber risks, prompting concern over inadequate senior-level response.

Hexaware Technologies has boosted its data and analytics capabilities with the acquisition of respected Minneapolis-based data consulting firm, Softcrylic, promising to refine customer journeys through advanced data utilisation.

AvePoint's VP, Max McNamara, details strategies employed by the global data management firm in navigating and shaping the digital landscape.

Abi Nourai named new Regional Vice President for ANZ at tech giant MongoDB, set to accelerate AI adoption and business growth in the region following his strategic success in the UK.

In a move to bolster its software solutions, Rocket Software completes the $2.275 billion acquisition of OpenText's Application Modernisation and Connectivity business, tripling its customer base and increasing revenues by 60%.

Australian tech firm Pathzero achieves SOC 2 Type 1 compliance, bolstering data protection and cybersecurity for the company and its clients.

Cloudera forms a strategic partnership with Aboitiz Data Innovation to deliver enhanced data science and AI solutions across the Asia Pacific financial services and industry sectors.

Lenovo announces suite of AI-centric infrastructure systems and solutions to boost hybrid AI innovation for data-heavy sectors.

Endava's new Agentic AI Industry Accelerator, Morpheus, aims to bring transparency and greater control to AI use in tightly regulated sectors.

Lenovo ISG reveals a suite of AI-centric infrastructure systems aimed at driving hybrid AI innovation, in partnership with AMD and including the ThinkSystem SR685a V3 8GPU server for high-performance AI workloads.

The global powered smart card market is forecast to surge to $24.2bn by 2034, driven by enhanced functionality and advanced security features.

The 2024 M-Trends report reveals advancements in global organisations' cyber defences, with hackers' undetected dwell time falling from 16 to 10 days, marking a decade-low.

Bad bots accounted for nearly half of all global internet traffic in 2024, hitting their highest ever level since monitoring began in 2013, warns cybersecurity leader Imperva.