Financial institutions stories - Page 4
AI revolutionising financial crime detection by 2025
Mon, 27th Jan 2025
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quantum computing
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risk & compliance
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ai
The future of financial crime prevention is being reshaped by AI and quantum computing, presenting both opportunities and risks, says Efficient Frontiers International.
Azul ensures Java solutions comply with DORA EU standards
Wed, 22nd Jan 2025
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risk & compliance
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cybersecurity
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software development
Azul has confirmed that its Java solutions now meet the European Union's Digital Operational Resilience Act (DORA) requirements, aiding financial institutions in compliance.
DORA compliance deadline impacts EU financial sector
Sat, 18th Jan 2025
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data protection
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advanced persistent threat protection
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supply chain
The deadline for the EU's Digital Operational Resilience Act has arrived, pushing financial institutions to enhance their cybersecurity and compliance practices.
Citi & Barclays invest in Validis for banking innovation
Fri, 17th Jan 2025
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risk & compliance
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financial institutions
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modernisation
Citi and Barclays have invested in Validis to boost banking innovation, focusing on automated data standardisation for improved lending processes.
Azul's OpenJDK solutions comply with EU's DORA standards
Fri, 17th Jan 2025
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advanced persistent threat protection
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risk & compliance
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software development
Azul has secured compliance for its OpenJDK solutions with the EU's DORA standards, bolstering digital resilience for financial institutions ahead of the 2025 deadline.
Backbase highlights banking trends shaping the industry in 2025
Tue, 14th Jan 2025
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data analytics
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fintech
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cx
Backbase forecasts a USD $1 trillion transformation in banking by 2025, urging traditional banks to innovate or face a 30% market share loss to digital rivals.
Kobble unveils platform to revolutionise finance in Australia
Thu, 26th Dec 2024
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fintech
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blockchain
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risk & compliance
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
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document management
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digital transformation
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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
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cybersecurity
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software updates
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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
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financial institutions
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forex
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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
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firewalls
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network security
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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
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cartech
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cybersecurity
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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
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advanced persistent threat protection
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data privacy
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cybersecurity
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
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rpa
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genai
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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
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dr
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cloud security
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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
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cloud services
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cto
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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
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cx
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phishing
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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
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ransomware
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digital transformation
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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
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data protection
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data privacy
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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
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firewalls
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endpoint protection
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supply chain
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.