Banking stories - Page 20

Chatbot market set to surge, projecting USD $4.9 billion growth by 2033, fuelled by customer engagement focus and widespread industrial adoption.

Spirent Communications joins forces with an online payments platform to enhance cyber defenses using its advanced CyberFlood software, aimed at improving the scalability and efficacy of network defenses.

Cogo partners with AI-firm Personetics, pioneering climate-conscious banking by aiding customers in understanding and managing their carbon footprints based on their spending habits.

The banking industry is seeing a significant acceleration in AI innovation, with a rise in new patents and research publications.

Rapid rise in cybercrimes forces urgent global reappraisal of security strategies in government, defence, and IT sectors amid projections of cybersecurity services market growing to $445.3bn by 2032.

Autonom8 unveils a GenAI-backed vKYC platform for India's telecommunications and banking sectors, promising advanced customer compliance onboarding with robust fraud detection.

Angel Investment Network's 2024 survey reveals that Angel investors' motivations shift towards positive impact over financial gain, highlighting new trends and potential pitfalls for start-ups.

Celonis and Sailfin Technologies unveil AI-driven suite to optimise AR operations, promising enhanced cash flow, greater productivity, and potential million-dollar savings.

Accountants and bookkeepers are poised to unlock lucrative opportunities by venturing into the overlooked professional services advisory sector.

LeapXpert introduces GenAI application, Maxen, envisioned to revolutionise client communications and enhance the productivity of relationship managers, with the official launch set in March 2024.

NormCyber, a Fareham-based risk management firm, rolls out an Incident Response Readiness Assessment service to combat a 64% rise in cyber incidents by simulating attacks and fine-tuning their response.

A new survey by Blakely Clothing shows UK shoppers, aged 18 to 35, are veering away from fleeting fashion trends, favouring quality, comfort, and longevity in their clothing choices.

Australian mortgage broking industry pivots towards Open Banking, with the number of brokers using NextGen's solution tripling, amid potential legislative changes.

Genetec debuts innovative Security Center SaaS, a cybersecurity-focused unified service that integrates advanced physical security technology.

PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.

Dvara Money's tech-savvy union with Jana Small Finance Bank promises to propel digital banking in Bharat, optimising customer experiences through an integrated UPI solution.

SAS Customer Intelligence 360 achieves top status in The Forrester Wave: Real-Time Interaction Management, Q1 2024, reinforcing its crucial role in delivering hyper-personalised customer experiences.

BlackLine's Modern Accounting Playbook achieves the 1,000 customer milestone, attesting its swift implementation and effectiveness in streamlining corporate accounting operations in a few as five days.

Genetec has unveiled Security Center SaaS, an enterprise-grade solution expected to redefine cloud-based physical security with its comprehensive capabilities and cybersecurity measures.

As businesses expand, basic accounting systems like Xero can limit growth. For more complex needs, businesses should consider transitioning to a flexible cloud ERP.