Financial Services stories - Page 69

Only 25% of UK businesses perceive themselves as cybersecurity leaders, highlighting tech connectivity's impact on performance and resilience.

Trustwave's latest reports unveil growing cryptocurrency and ransomware threats in financial services, highlight the urgency of combating phishing-as-a-service and insider threats.

A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.

ServiceNow debuts Now Platform Xanadu with hundreds of new AI features, promising enhanced productivity in IT, customer service, HR, and procurement.

Tanium unveils Tanium Automate to streamline real-time IT operations and security tasks, addressing skills shortages and aiming for a higher ROI.

AI is reshaping software development, with 75% of firms reporting up to 50% faster project completion. OutSystems and KPMG reveal ongoing challenges but foresee a bright future.

Xalts teams up with the Tezos Foundation to advance RWA tokenization in institutions, offering a comprehensive solution via its RWA Cloud on the Tezos blockchain.

Moneybox has partnered with Aurum Solutions to automate its reconciliation processes amid a 43% growth in assets.

Hexaware has teamed up with Earnix to enhance insurance pricing through advanced AI, aiming to improve strategies, customer satisfaction, and competitive positioning.

Okta has launched new identity management tools, including Identity Security Posture Management, aimed at enhancing security for financial services amid escalating cyber threats.

Vultr and SQream announce partnership to enhance cloud computing capabilities, aiming to support AI-driven enterprises in finance, healthcare, and telecom sectors.

David Tuck Takes Helm as Waracle CEO, Succeeding Chris Martin; Aims for Growth, Innovation in Data and AI. Waracle Recently Acquired Screenmedia.

Scottish tech firm Waracle wins multi-million-pound contract to enhance SP Energy Networks' digital initiatives, boosting EV chargers and more.

Only 20.8% of finance professionals have stressed exit plans with suppliers, despite DORA recommendations, highlighting a key vulnerability exposed by a recent CrowdStrike outage.

Censornet has unveiled its new Posture Management module, designed to enhance compliance and risk management for small and mid-sized businesses in the cloud.

Financial services lead in AI readiness, with 70% actively using AI, while the retail sector lags at 30%, according to GenAI's latest report.

Fastly's latest report reveals a staggering 91% of cyberattacks targeted multiple customers this quarter, up from 69% in 2023, indicating a rise in mass scanning techniques.

Trustifi launches an automated DLP tool for MSPs, offering pre-configured rules to streamline email security across industries like healthcare and finance.

DDoS attacks surge 106% in six months, with average duration up 18%. Zayo highlights AI advances and geopolitical conflicts as key drivers.

Digital transformation reshapes financial services, influencing recruitment and leveraging AI, automation, and cloud tech to meet evolving demands and mitigate risks.