Financial institutions stories - Page 2
Kobble unveils platform to revolutionise finance in Australia
Thu, 26th Dec 2024
#
cryptocurrency
#
fintech
#
blockchain
Kobble has unveiled a new Embedded Finance Platform designed to tackle inefficiencies in Australia's financial sector caused by failed IT projects.
Futurex partners with Cake to launch cloud payment system
Thu, 26th Dec 2024
#
document management
#
digital transformation
#
encryption
Futurex has teamed up with Cake, Vietnam's leading digital bank, to launch the country's first fully cloud-based Card Management System.
Digital resilience rules for ICT providers from 2025
Thu, 26th Dec 2024
#
cybersecurity
#
software updates
#
insurance
The Digital Operational Resilience Act will come into force on 17 January 2025, impacting ICT providers linked to the financial services sector.
Morgan Stanley partners with Wise to boost FX settlements
Thu, 26th Dec 2024
#
financial institutions
#
forex
#
wise
Morgan Stanley has partnered with Wise to enhance its foreign exchange settlement capabilities, marking a first for an investment bank in this area.
Radware strengthens AI security for top Italian bank
Fri, 20th Dec 2024
#
firewalls
#
network security
#
cloud security
Radware is boosting its AI-driven security services for one of Italy's top five banks, aiming to combat rising cyber threats and comply with EU regulations.
Stefan Krause joins artius.iD as strategic advisor
Thu, 19th Dec 2024
#
cartech
#
cybersecurity
#
financial institutions
Security and digital ID firm artius.iD appoints Stefan Krause, ex-CFO of BMW and Deutsche Bank, to its Board of Strategic Advisors amid growing cybersecurity challenges.
Hands-on Review: Norton 360 Platinum with the new Financial Monitoring
Wed, 18th Dec 2024
#
reviews
#
advanced persistent threat protection
#
data privacy
Norton has launched Financial Monitoring within its 360 Platinum suite, enhancing users' financial security by tracking unusual activity and subscription changes.
Pegasystems unveils AI-driven Pega Smart Investigate update
Thu, 12th Dec 2024
#
rpa
#
genai
#
ai
Pegasystems has unveiled the latest Pega Smart Investigate Enterprise Edition, enhancing banks' capabilities in processing payment exceptions with AI automation.
Financial sector's growing focus on cloud resiliency in 2023
Thu, 12th Dec 2024
#
dr
#
cloud security
#
advanced persistent threat protection
The Cloud Security Alliance's new report reveals that 78% of financial institutions use single-cloud systems, emphasising resilience amid rising cyber threats.
UK & US firms face rising data costs despite upgrades
Thu, 12th Dec 2024
#
cloud services
#
cto
#
data management
A new study reveals that 94% of financial institutions in the UK and US anticipate rising data budgets, raising concerns over cost control amid increasing expenses.
Visa mandates end of SMS OTPs to tackle AI-driven scams
Mon, 9th Dec 2024
#
cx
#
phishing
#
martech
Visa will require Australian financial institutions to move beyond SMS One-Time Passwords for payments by October 2026 to combat rising AI-driven fraud.
Zscaler report reveals surge in mobile cyberthreats
Wed, 4th Dec 2024
#
ransomware
#
digital transformation
#
iot security
Zscaler's latest report reveals over 200 malicious apps in Google Play, urging organisations to enhance mobile security amid rising mobile threats.
Don't let your company make headlines for all the wrong reasons
Wed, 4th Dec 2024
#
data protection
#
data privacy
#
cybersecurity
New APRA regulations demand Australian financial firms enhance cybersecurity measures or face hefty penalties, after rising data breaches affect millions.
Southeast Asia sees surge in web threats amid digital shift
Tue, 3rd Dec 2024
#
firewalls
#
endpoint protection
#
breach prevention
Southeast Asia faced an alarming average of 146,944 web threats daily in H1 2024, with Malaysia leading at 19,615,255 incidents, Kaspersky warns.
Corporate Digital Identity: a tool to combat financial crime
Fri, 29th Nov 2024
#
money laundering
#
fraud
#
financial institutions
Financial crime is set to cost global economies USD $485.6 billion in 2023, prompting calls for Corporate Digital Identity to enhance fraud prevention.
Australian banks criticised for weak email scam defences
Tue, 26th Nov 2024
#
data protection
#
advanced persistent threat protection
#
email security
Research by Proofpoint reveals that 66% of Australian banks are ill-equipped to combat email fraud, risking customer safety amid rising scams.
AUSIEX enhances engagement with NICE CXone integration
Tue, 26th Nov 2024
#
data analytics
#
digital transformation
#
cx
AUSIEX has integrated the NICE CXone platform to boost customer engagement and operational efficiency, enhancing its services in the financial sector.
UK elderly urge banks to keep branches amidst digital age
Fri, 22nd Nov 2024
#
fintech
#
digital literacy
#
digital divide
A staggering 88% of older UK residents believe banks should retain physical branches, highlighting concerns over the digital divide and access to services.
Global fraud attacks rise 19% amid AI exploitation
Fri, 22nd Nov 2024
#
collaboration
#
fraud
#
financial institutions
A new report reveals a staggering 19% rise in global fraud attacks, largely fuelled by AI exploitation, highlighting urgent need for improved detection measures.
Outsourcing AML: Five key factors for financial firms
Thu, 21st Nov 2024
#
outsourcing
#
financial institutions
#
aml
EFI advises financial institutions on five key considerations for outsourcing AML operations amid rising regulatory pressures and operational costs.