CFOtech Asia - Technology news for CFOs & financial decision-makers

Financial Services stories - Page 2

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FinTech Australia & major banks ignite innovation with reverse pitch event
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westpac
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fintech australia
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collaboration
FinTech Australia, backed by Investment NSW, partners with major banks ANZ, Westpac and tech firm 1835i for a reverse pitch event on 21 February 2024, inviting fintechs to solve local banking issues.
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Cloudwerx acquires AI consultancy Lightfold in strategic expansion
Last month
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big data
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bi
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data analytics
Cloudwerx, acquires Australian AI consultancy, Lightfold, broadening its advanced, data-driven service offering to customers in the APAC region.
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Crowdsourced funding in Australia holds steady in 2023
Last month
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travel
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nsw
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software
Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.
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iDenfy partners with StackGo to enhance SME compliance solutions
Last month
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edutech
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saas
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compliance
Lithuania's iDenfy partners with StackGo to boost the Australian firm's SaaS solutions for SMEs in regulated sectors, employing Anti-Money Laundering screening for smarter compliance.
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Justin Mowday named Accenture's New Zealand Managing Director
Last month
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accenture
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retail
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nz
Justin Mowday takes the reins as Accenture's Country Managing Director for New Zealand from March 1, 2024, bolstering the firm's executive committee.
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BillingPlatform nabs $90m growth equity investment from FTV Capital
Last month
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martech
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commerce systems
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cloudera
BillingPlatform secures a massive $90m growth equity investment from FTV Capital, boosting its ongoing expansion in a growing $10bn market.
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Report highlights vulnerability trends, surge in crowdsourced security
Last month
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cloud services
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crowdsourcing
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retail
Bugcrowd's latest annual Vulnerability Trends Report highlights the rising acceptance of public crowdsourced security.
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Unprecedented surge in critical infrastructure cyberattacks
Last month
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network infrastructure
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iot
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cybersecurity
A shocking 30% increase in attacks on critical infrastructures was recorded in 2023, resulting in over 420 million incidents.
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Equinix offers managed private cloud service for NVIDIA AI supercomputing
Last month
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data centre operators
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ai
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equinix
Equinix introduces a fully managed private cloud service, providing enterprises efficient access to NVIDIA DGX AI supercomputing for building and operating bespoke generative AI models.
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Former British Gas MD Ian Peters named Chairman of Sagacity
Last month
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management
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london
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housing
Former British Gas MD, Ian Peters, appointed as Chairman of London-based data consultancy Sagacity, ahead of a predicted period of substantial growth in 2024.
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Dr Kevin Tham appointed first CISO at Australian fintech Rich Data Co
Last month
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fintech
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cybersecurity
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qantas
Dr Kevin Tham, a veteran in information security, becomes the first Chief Information Security Officer (CISO) at Australian fintech Rich Data Co to improve cyber security risk and resilience.
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Cybersecurity outsourcing underperformance alarms UK financial sector
Last month
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outsourcing
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cybersecurity
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cso / ciso
Alarming underperformance in outsourced cybersecurity suppliers has increases breach risk to the UK's financial sector.
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Bridewell collaborates with Microsoft on Security Copilot development
Last month
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ai
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cybersecurity
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oil and gas
UK cybersecurity firm, Bridewell, is teaming up with Microsoft to refine their Security Copilot product, leveraging AI technology to enhance cyber defence capabilities.
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Australian lenders struggle to assess customer creditworthiness, report finds
Last month
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cx
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martech
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ai
Over 50% of Australian lenders feel unprepared to assess customer creditworthiness effectively in the current economic climate due to insufficient data, according to a new report.
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Aryza acquires Oyster Bay Systems & Profile Data Services
Last month
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digital transformation
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integration
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digitalisation
Aryza acquires Oyster Bay Systems and Profile Data Services to enhance its footprint within the UK and Europe's loan management landscape, offering seamless and integrated software solutions.
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Cyber attacks on financial services sector surge in 2023
Last month
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ml
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ai
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hackers
Cyber attacks on financial services surge in 2023 with a 137% rise in vendor email compromise attacks, posing serious financial risks.
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Document automation strategies for Asia Pacific financial services in 2024
Last month
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microsoft
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document management
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ecm
In 2024, Asia Pacific financial firms are leaning into document automation strategies to enhance productivity, in a climate of rapid change boosted by pandemic, inflation, and employee disengagement.
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Rivero secures $7 million to boost Europe-wide fintech growth
Last month
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saas
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fintech
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investment
Swiss fintech firm Rivero has raised $7m in a Series A funding round to expand its Europe-wide presence.
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Stake names Jon Howie as new CEO in leadership shakeup
Last month
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partner programmes
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macquarie bank
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business strategy
Australian investment platform Stake ushers in new growth chapter, appointing experienced finance leader Jon Howie as CEO while founder Matt Leibowitz transitions to Executive Director role.
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Jscrambler triumphs again at 2024 BIG Innovation Awards
Last month
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endpoint protection
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advanced persistent threat protection
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edr
Jscrambler secures a second consecutive win at the 2024 BIG Innovation Awards for its pioneering client-side protection platform, leading global technology innovation and disruption.
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Digital transformation crucial for financial sector
Last month
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bi
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big data
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malware
Financial services could see improved staff satisfaction by embracing digital transformation, amid a decrease in the employment rate for talent aged 16-64.
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e& enterprise and Fils join forces to green digital payments
Last month
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martech
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commerce systems
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digital transformation
E& enterprise partners with Fintech startup, Fils, to pioneer a sustainable digital payments system in the UAE, allowing customers to offset carbon emissions with each transaction.
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InterSystems honoured as Challenger in Gartner's Cloud DBMS report
Last month
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speed
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gartner magic quadrant
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gartner
InterSystems has been named a Challenger in the Gartner Magic Quadrant for Cloud Database Management Systems, demonstrating its vision and capacity in enterprise digital transformation.
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How eCommerce and fintech firms are leveraging the power of AI-enabled data centres
Last month
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contact centre
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fintech
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blockchain
Ecommerce and fintech firms tap into the potential of AI-enabled data centres, harnessing GPU-powered servers to enhance data processing, bolster fraud detection, and streamline payment systems.