Financial Services stories - Page 6

A staggering 95% of UK and US firms struggle with data issues, as revealed by esynergy, with ineffective governance undermining business operations and decision-making.

A survey reveals a third of Brits faced tech glitches in banking last year, with 30% eyeing bank switches. Roq's Paul Darby stresses tech reliability.

The financial services sector in the UK is grappling with a severe talent shortage, as 160,000 workers need upskilling to drive essential digital transformation.

Intelliworx promotes Joy Johnson to lead UK and US client services, aiming to capitalise on the booming cybersecurity market and company's growth.

BGF has invested GBP £5 million into Cardiff's PureCyber, a fast-growing cybersecurity firm, appointing Ben Marnham as Non-Executive Chair to spearhead further growth.

Report reveals a disconnect between perceived and actual data security, with 63% of firms overestimating their protective measures despite record data breaches.

Redactive AI secures $11.5M in seed funding to revolutionise enterprise AI with a focus on security and permissions, attracting key venture firms.

MoEngage launches a new platform in Australia, aimed at helping financial institutions tackle inefficiencies and deliver personalised customer experiences in real time.

Insight Enterprises acquires New World Tech, aiming to boost digital transformation expertise in public and private sectors with strategic consulting and cutting-edge solutions.

HCLTech has claimed top positions in 21 categories in Institutional Investor Research's 14th Annual Asia Executive Team survey, highlighting its ESG and investor relations excellence.

The advent of AI factories is revolutionising business operations by merging GenAI capabilities with modernised data centres, enhancing productivity and sustainability.

Outsized expands into Australia and New Zealand, bringing its unique talent platform specialising in high-end roles. Led by Sara Kahlau, the move addresses skills shortages in key sectors.

A new study by Juniper Research predicts digital identity app installations will soar to 5.2 billion globally by 2029, driven by regulatory standards and biometric verification.

Automation is set to be the backbone of Australia's Future Made in Australia policy, promising efficiency gains and boosting innovation across multiple industries and the public sector for a net-zero future.

Creatio secures USD $200 million in funding, reaching a USD $1.2 billion valuation. Led by Sapphire Ventures, this investment will bolster global expansion and AI innovation.

While 22% of firms globally effectively utilise Gen AI, a SoftServe study highlights prevailing data and skill gaps, reflecting similar trends in Singapore.

Apricorn has attained ISO 9001:2015 certification from IAPMO SCB, reinforcing its commitment to quality management and operational excellence in hardware-encrypted USB data storage.

Bank Negara Indonesia partners with Cloudera to drive significant business transformation using generative AI, leveraging NVIDIA's advanced AI technology for enhanced banking services.

Australia’s CSO Group and xAmplify are set to merge, forming the nation's largest integrator of AI, cyber security, and business automation services, with a combined turnover of AUD $100 million.

Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.