Financial Services stories - Page 49

Abacus Group has appointed Elizabeth Kubycheck as Chief People Officer and Chief of Staff to enhance its global people strategy amid expansion efforts.

Seventy-five per cent of banks are set to increase investment in risk technology, as a global report highlights rising priorities amid macroeconomic challenges.

DigiCert has been appointed by the American Standards Committee X9 to oversee a new Public Key Infrastructure (PKI) for global financial institutions.

CrowdStrike's research reveals a staggering 150% rise in China-linked cyber espionage, fuelled by AI tactics, posing significant risks across various industries.

Zscaler has unveiled its Asset Exposure Management tool, enhancing organisations' asset risk management within its Continuous Threat Exposure Management framework.

Atlanta-based Charter Global is spotlighted for its customised technology solutions, enhancing efficiency and driving digital transformation across various sectors.

A newly discovered botnet, consisting of over 130,000 compromised devices, is targeting Microsoft 365 accounts with password spraying attacks, linked to China-based actors.

Starburst reports record financial results for FY25, fuelled by a 94% surge in cloud product adoption and a 20% increase in net new customers.

Ataccama has partnered with Concord to tackle data modernisation issues in regulated sectors, enhancing data trust and compliance for healthcare and financial services.

As unstructured data burgeons, businesses grapple with escalating challenges in governance, security, and costs, as experts urge immediate action to manage it effectively.

Version 1 has announced the appointment of Roop Singh as Chief Commercial Officer, aiming to bolster its commercial strategy and global expansion.

Thoughtworks has announced key leadership changes with Chief Strategy Officer and APAC Regional Managing Director appointments.

A new report by Everfox reveals a major shift towards preventative cybersecurity strategies in US and UK regulated sectors, with 97% of organisations facing cyber incidents.

Forrester forecasts global technology spending will surge to USD $4.9 trillion by 2025, driven by advancements in software, AI, and cloud tech.

Kapwork has launched its innovative Kapwork Verify platform to automate invoice factoring, claiming a potential 20% cut in operational costs for businesses.

Aerospike has launched Database 8, enhancing its multi-model distributed system to ensure real-time performance and strict consistency for enterprise applications.

A report reveals that 59% of cyber breaches in the top 150 insurance firms stem from third-party attacks, exposing serious supply chain vulnerabilities.

The Depository Trust & Clearing Corporation has unveiled ComposerX, a groundbreaking suite aimed at streamlining digital asset management for financial firms.

Puma Growth Partners has led a $4.3 million funding round for Semeris, enhancing its AI tools for financial institutions navigating complex legal documents.

UBS has launched its first Global Entrepreneur Report, revealing that 62% of entrepreneurs see AI as their greatest business opportunity amidst economic uncertainties.