Financial Services stories - Page 61

Guavapay has appointed Guy Noble as CEO of Guavapay UK, aiming to boost growth and enhance its market position amid expanding financial services.

A new report reveals that while 54% of finance leaders are embracing AI for automation, 60% remain concerned about process transparency limiting its benefits.

Tenable is experiencing remarkable growth thanks to strategic acquisitions and a channel-first approach, enhancing its leadership in exposure management.

Carol Chris, General Manager of GBG APAC, emphasises innovation in fraud prevention amid rising data breaches, as demand for compliance solutions grows.

Swiss insurer Baloise has transitioned its document management processes to Insiders Technologies' AI-powered cloud, enhancing efficiency and innovation.

A new survey by Infosys Knowledge Institute reveals a significant shift towards scaled AI deployment across industries, driven by reduced costs and improved success rates.

Decentralised Finance is poised to revolutionise financial systems globally, promoting transparency, inclusivity, and drastically reducing transaction costs.

IDnow has secured a strategic majority investment from Corsair Capital, enhancing its position in the European identity verification market and fuelling global expansion.

Publicis Sapient has partnered with AWS to use AI and machine learning to assist businesses in cloud migration and personalised customer experiences.

Group-IB's Fraud Protection solution is now available on AWS Marketplace, enhancing online security for businesses against fraud-related threats.

TISA Commercial Enterprise has announced that Norwegian Digital ID firm BankID will join the advisory committees of Select ID to enhance digital identity accessibility in the UK.

Miranda McLean, CMO of Ecommpay, has once again been named in the Innovate Finance Women in FinTech Powerlist 2024, recognising her impact in the industry.

A newly uncovered botnet of over 130,000 compromised devices is exploiting Microsoft 365 accounts through password spraying attacks, raising security alarms.

Red Canary has unveiled enhancements to its Security Data Lake, offering organisations a cost-effective solution for storing infrequently accessed security logs.

Zoom and Mitel have unveiled a new hybrid communication solution that merges Zoom's collaboration features with Mitel's telephony systems, catering to enterprises' evolving needs.

Straker and IGUAZU have unveiled SwiftBridge, an AI tool aimed at helping Japanese firms meet new bilingual financial reporting regulations by 2025.

CEOs across industries share a common challenge: the quest for sustainable growth. Aiming for six per cent annual growth, firms must optimise processes and harness automation.

Huawei Cloud has launched innovative services aimed at accelerating the transition to AI-native architectures, marking significant growth and industry leadership.

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.