Financial Services stories

Kiteworks reveals the top data breaches of 2024 report
Yesterday
#
cybersecurity
#
data security
#
financial services
Kiteworks has revealed its report on the top data breaches of 2024, highlighting the increasing importance of data sensitivity in assessing breach severity.

Bots surpass humans in online traffic, Thales reports
Yesterday
#
advanced persistent threat protection
#
llms
#
ai
A staggering 51% of all web traffic now comes from automated bots, with malicious activity on the rise, according to the 2025 Imperva Bad Bot Report by Thales.

UK banking sector most trusted despite low confidence
Yesterday
#
biometrics
#
mfa
#
data privacy
The UK banking sector ranks as the most trusted for sharing personal data, yet just 51% of consumers show confidence, revealing significant generational divides.

Ardoq names Brian Zeman chief revenue officer for growth
2 days ago
#
saas
#
gaming
#
digital transformation
Ardoq appoints Brian Zeman as Chief Revenue Officer to drive global growth, focusing on expansion in the Americas and enhancing enterprise architecture solutions.

Pismo names Vishal Dalal as global CEO amid leadership changes
2 days ago
#
fintech
#
martech
#
cdp
Pismo appoints Vishal Dalal as global CEO and Rodrigo Melato as Chief Commercial Officer amid plans for customer-centric growth and international expansion.

Identity fraud costs firms USD $7 million annually worldwide
2 days ago
#
cx
#
martech
#
physical security
Identity fraud costs businesses USD $7 million yearly worldwide, with Asia Pacific firms facing rising threats from sophisticated attacks, a new study finds.

Banked acquires VibePay to drive global Pay by Bank use
2 days ago
#
cryptocurrency
#
fintech
#
blockchain
Banked has acquired UK app VibePay to boost Pay by Bank with new incentives, expanding presence in UK, US, Australia, and accelerating global adoption.

ABA Bank transforms services with SUSE to boost digital shift
2 days ago
#
virtualisation
#
devops
#
digital transformation
ABA Bank partners with SUSE to modernise digital infrastructure, enabling faster, secure banking in Cambodia with 99.999% service reliability and cost savings.

Disprz hits revenue milestone, outlines plans for GenAI expansion
2 days ago
#
saas
#
martech
#
commerce systems
Disprz has surpassed INR ₹100 crore in annual recurring revenue, leveraging GenAI and focusing on Asia-Pacific expansion to boost enterprise skilling.

Exclusive: DBS bets on AI to scale customer-centric banking
2 days ago
#
data analytics
#
digital transformation
#
fintech
DBS Bank is leveraging generative AI to enhance customer-centric banking, aiming to unlock over SGD $1 billion in value by 2024 as it embraces digital transformation.

Meta1st rolls out AI features for stronger email security
3 days ago
#
email security
#
cybersecurity
#
financial institutions
Meta1st upgrades its Analyse1st and Learn1st to enhance cyber risk defence and help financial firms comply with DORA, boosting real-time email threat detection.

Creatio appoints Whiting to boost European sales growth
3 days ago
#
crm
#
data analytics
#
digital transformation
Creatio has appointed Gareth Whiting as Senior Vice President of Sales in Europe to bolster its expansion, amid growing demand for AI-driven solutions.

Study reveals lack of data systems for AI advancement
3 days ago
#
digital transformation
#
ai
#
data management
A study by SS&C Blue Prism reveals that only 44% of organisations have the necessary data systems for next-gen AI, with 94% highlighting process orchestration's importance.

Peter Maloney appointed CEO of Lextech in leadership shake-up
4 days ago
#
risk & compliance
#
real estate
#
financial services
Lextech announces leadership changes with Peter Maloney appointed CEO and Rafe Berding as Chief Growth Officer, aimed at boosting innovation and customer success.

Cyberattacks: A ticking time bomb for financial stability?
Last week
#
ransomware
#
advanced persistent threat protection
#
quantum computing
The financial sector faces unprecedented cyber threats, with losses exceeding USD $12 billion in two decades, raising alarms over global economic stability.

Cifas reports sharp rise in UK identity fraud cases for 2024
Last week
#
uc
#
data protection
#
ai
Fraud cases in the UK surged by 12.5% in 2024, with identity fraud now comprising 59% of reports, highlighting a worrying trend in cybercrime tactics.

ShareRing joins Australian government trial for age verification
Last week
#
data protection
#
data privacy
#
social media
Melbourne's ShareRing has joined an AUD $6.5 million government trial to improve age verification for under-16s on social media, using innovative digital ID technology.

Study reveals gender gaps in cyber security perceptions
Last week
#
advanced persistent threat protection
#
ai
#
cyber threats
A study by e2e-assure has revealed significant gender differences in perceptions of cyber security responsibility among over 1,000 employees across key sectors.

Study shows Fastly boosts security with 235% ROI increase
Last week
#
firewalls
#
cloud security
#
cx
Fastly's recent study reveals users of its Application Security Solutions enjoy USD $6.04 million in benefits over three years, marking a 235% ROI.

Ecommpay shortlisted for 2025 ICA Compliance Award
Last week
#
payment technologies
#
mastercard
#
cable
Ecommpay has been named a finalist in the ICA Compliance Awards Europe 2025 for its innovative Risk Control Management System developed with Cable.