Financial Services stories
APIs become the leading attack vector, cybersecurity research shows
Cybersecurity firm Imperva has found that 71% of last year's web traffic was linked to APIs, acting as a major attack vector due to organisations' insufficient visibility, leading to a sharp rise in targeted attacks.
Zühlke appoints Angela Bishop as new UK CEO
Zühlke appoints Angela Bishop, former UK MD for Industry Sector Practices, as new UK CEO with a focus on promoting diversity in the tech industry.
LockBit ransomware gang dismantled by global task force
The notorious LockBit ransomware gang, linked to over £120m in extortion and impacting 2000+ victims globally, has been dismantled by an international task force led by the UK and US.
How AI is transforming the Australian workforce
Generative AI is reshaping Australia’s workforce, with technology skills now integral to the economy. Embracing AI could unlock billions of dollars by 2030, but requires an understanding of its intricacies and a stronger pipeline of tech workers.
Earnix welcomes Daniel Shalom as new Chief Information Security Officer
Earnix bolsters cybersecurity with appointment of Daniel Shalom as new Chief Information Security Officer, leveraging his two-decade experience to fortify the firm's security strategy.
Autonom8 & Berar Finance partner for advanced loan automation
Tech firm Autonom8 partners with Berar Finance to enhance loan automation capabilities, driving operational efficiency and customer-focused lending experiences.
Three businesses building on multi-cloud benefits
Leaders in financial services, retail, and construction are harnessing multi-cloud computing for innovation, cost reductions and improved data performance.
UK govt's 'wait & see' approach to AI regulation sparks row
UK government's wait and see approach to AI regulation sparks criticism among lawmakers over lack of urgency despite AI's existential threat warnings.
VIPRE report predicts 276% rise in malware in 2024
VIPRE's annual email threat landscape study reveals a 276% rise in malware, with financial services the most targeted sector.
Fidelity Life names Angela Henderson as new CIO in progressive move
Fidelity Life hires Angela Henderson, a reputed industry veteran, as their new CIO. The move marks a progressive step for women in the usually male-centric sector.
Exclusive: Why Elastic continues to see positive momentum
Gavin Jones, Area VP for ANZ at Elastic, the leading search analytics firm, shares insights on its strategic direction and technological advancements.
Tradeshift appoints Iain Balchin as new CFO
Tradeshift, the B2B e-commerce and fintech platform, hires veteran financial executive Iain Balchin as its new CFO, focusing on expanding network and monetising services.
Mendix welcomes new CEO, industry veteran Raymond Kok
Raymond Kok takes over as CEO of low-code leader, Mendix, succeeding Tim Srock and signals intent to boost productivity and innovation through closer Siemens synergies.
Henry Dannell & Windmill Ventures partner to revolutionise high-value lending
London's Henry Dannell and Windmill Ventures join forces to launch a tech platform that will revolutionise high-value lending for HNW and UHNW individuals by March 2024.
Medallia launches Agile Research for advanced market insights
Medallia, Inc. unveils Medallia Agile Research, an advanced self-service market research tool integrated into its Experience Cloud, aimed at enabling fast, comprehensive surveys and data collection while preserving the integrity of an organisation's data history.
Trend Micro boosts ANZ team with new Managing Director
Trend Micro bolsters ANZ leadership team with appointment of Srujan Talakokkula as Managing Director for Commercial business, as it commits to growing local customer base.
Fintech leaders urging stricter AI laws at recent summit
Fintech leaders urge UK regulators to impose stricter AI laws to foster confidence and responsible usage in financial services.
Progress enhances OpenEdge platform for quicker application modernisation
Progress enhances OpenEdge platform with features to accelerate application modernisation, optimise development processes and boost security for over 100,000 global customers.
Akamai launches Content Protector to thwart scraping attacks in Asia-Pacific
In response to growing malicious bot activity in Asia Pacific and Japan, tech giant Akamai Technologies unveils Content Protector, a new tool designed to mitigate scraping attacks while preserving beneficial traffic.
Hexaware excels in Whitelane study, highlighting commitment to customers
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 refutes AI job loss fears
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.
Giesecke+Devrient expands stake in Netcetera to 95%
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.
AI uptake rises in financial services despite data challenges
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 & AWS launch strategic collaboration for innovation
Cevo has entered into a three-year strategic collaboration agreement with AWS, aiming to expedite innovation and meet industry demands.