Financial institutions stories - Page 14

Finastra partners with South Korean risk and compliance firm UNITAS to drive digital transformation in local banking operations, tapping into UNITAS's expertise and Finastra's advanced treasury system.

Despite a 27% drop from December 2023, January 2024 saw a three-year high in ransomware attacks, reflecting a year-on-year rise. NCC Group's analysis shows Lockbit remains the top perpetrator.

Finastra has inked a new partnership with Taiwan's SYSTEX to boost digital transformation and growth in Taiwan's banking sector, with SYSTEX to resell Finastra's Kondor and Risk solutions.

BlueVoyant's second report on external cyber defence trends highlights emerging risks beyond IT perimeters, including AI's role in intensifying cyber attacks.

Tech and cybersecurity veteran Kate Reed joins global Privileged Access Management provider, Delinea, as Chief Marketing Officer, bringing 20+ years of experience.

Advanced AI tech leader Kore.ai raises $132 million in Series D funding, facilitated by FTV Capital and existing investors, aiming to boost market expansion and AI innovation.

Impactsure launches its AI-powered SURE platform on Microsoft Azure Marketplace, offering data extraction, processing, and analytics.

GB Helios celebrates four years of prosperous collaboration with cloud bank platform Mambu, key to the firm's rapid growth and enhanced client experience.

Regtech firm eFlow Global announces plans for international expansion, strengthening its position in the US and increasing its already significant client base by 57% in the past year.

In 2024, Asia Pacific financial firms are leaning into document automation strategies to enhance productivity, in a climate of rapid change boosted by pandemic, inflation, and employee disengagement.

The global HSMs market is set to rise from $1.2bn in 2023 to $2.3bn by 2028, driven by growing cyber threats, data security needs and digital transactions.

Surging demand for environmentally and socially responsible investments is set to propel the sustainable finance market, reports Future Market Insights.

HDBank partners with JCB International to launch an advanced credit card in Vietnam, providing exclusive perks and cashback for users.

Delinea boosts Secret Server's usability with new features, aiming to streamline privileged access management across businesses.

CBA campaigns against tech-facilitated abuse, offering proprietary AI and machine-learning techniques free to all banks.

STT GDC and Basis Bay partner to construct eco-friendly data centres in Malaysia to meet surging digital demand.

As the global financial ecosystem expands, it's getting harder for organisations to navigate the maze of cyber risks alone.

Security printing forecasted to hit a valuation of USD 5.6 billion by 2030, bolstered by a surge in demand to thwart counterfeiting.

This new development will facilitate the fintech's ability to deliver its core banking services seamlessly on a global scale.

Utimaco extends partnership with Episode Six to support their global payment processing service with MYHSM Payment HSM-as-a-Service solution.