Financial Services stories - Page 11

Hexaware, a global IT services leader, earns key rankings in the 2023/2024 Whitelane Research IT Sourcing Study for Europe, emphasising their vigorous commitment to customer satisfaction and excellence.

Bank of England Governor, Andrew Bailey, defies cynicism surrounding AI, predicting AI's potential for job creation and efficiency over elimination in the UK economy.

Munich's Giesecke+Devrient boosts stake in software corporation Netcetera to 95%, enhancing its financial platforms and reinforcing future growth in digital banking and payments.

UK and US financial services and insurance firms are increasingly embracing AI, however, data silos and operational risk concerns are impeding widespread application, says an EXL study.

Cevo has entered into a three-year strategic collaboration agreement with AWS, aiming to expedite innovation and meet industry demands.

Portugal-based cybersecurity giant, Jscrambler, advances global expansion plans with the appointment of new Chief Operations Officer, Mukesh Sharma, and Tyson Whitten as the Vice President of Global Marketing.

In a crucial pre-launch move, cybersecurity firm Zally has appointed David Webb, a respected industry veteran, as Chairman to bolster its market presence and hasten growth.

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.

Cloudwerx, acquires Australian AI consultancy, Lightfold, broadening its advanced, data-driven service offering to customers in the APAC region.

Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.

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.

Justin Mowday takes the reins as Accenture's Country Managing Director for New Zealand from March 1, 2024, bolstering the firm's executive committee.

BillingPlatform secures a massive $90m growth equity investment from FTV Capital, boosting its ongoing expansion in a growing $10bn market.

Bugcrowd's latest annual Vulnerability Trends Report highlights the rising acceptance of public crowdsourced security.

A shocking 30% increase in attacks on critical infrastructures was recorded in 2023, resulting in over 420 million incidents.

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.

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.

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.

Alarming underperformance in outsourced cybersecurity suppliers has increases breach risk to the UK's financial sector.

UK cybersecurity firm, Bridewell, is teaming up with Microsoft to refine their Security Copilot product, leveraging AI technology to enhance cyber defence capabilities.