Financial Services stories - Page 48

Kiteworks has revealed its report on the top data breaches of 2024, highlighting the increasing importance of data sensitivity in assessing breach severity.

A staggering 51% of all web traffic now comes from automated bots, with malicious activity on the rise, according to the 2025 Imperva Bad Bot Report by Thales.

Pismo appoints Vishal Dalal as global CEO and Rodrigo Melato as Chief Commercial Officer amid plans for customer-centric growth and international expansion.

Identity fraud costs businesses USD $7 million yearly worldwide, with Asia Pacific firms facing rising threats from sophisticated attacks, a new study finds.

Disprz has surpassed INR ₹100 crore in annual recurring revenue, leveraging GenAI and focusing on Asia-Pacific expansion to boost enterprise skilling.

ABA Bank partners with SUSE to modernise digital infrastructure, enabling faster, secure banking in Cambodia with 99.999% service reliability and cost savings.

DBS Bank is leveraging generative AI to enhance customer-centric banking, aiming to unlock over SGD $1 billion in value by 2024 as it embraces digital transformation.

Meta1st upgrades its Analyse1st and Learn1st to enhance cyber risk defence and help financial firms comply with DORA, boosting real-time email threat detection.

A study by SS&C Blue Prism reveals that only 44% of organisations have the necessary data systems for next-gen AI, with 94% highlighting process orchestration's importance.

Capgemini has teamed up with Google Cloud to develop innovative AI solutions designed to enhance customer experiences across multiple sectors.

Deloitte has expanded its partnerships with Google Cloud and ServiceNow, unveiling over 100 AI agents aimed at revolutionising client operations across multiple sectors.

Despite a downturn in startup salaries, AI founders are thriving, earning a median of USD $90,000—20% above the industry average, as AI startups surge.

Google Cloud and United Wholesale Mortgage have launched a partnership to modernise mortgage lending, harnessing AI to streamline processes and enhance client experiences.

A recent report by LRN reveals that financial services firms are grappling with ethics and compliance, highlighting a troubling gap in decision-making across leadership levels.

A ransomware attack on a printing vendor has exposed customer data from DBS and Bank of China Singapore, highlighting urgent supply chain cybersecurity needs.

A Radware study highlights alarming trends in cyber threats to the financial sector, revealing a surge in infostealer services and sophisticated OTP bots.

Logically has teamed up with Databricks to bolster organisations' defences against online threats, combining AI technology with data intelligence.

Panzura has unveiled an integration of its Symphony platform with IBM Storage Deep Archive, enhancing data archiving with secure, low-cost solutions.

A new study by AutoRek reveals that 90% of the payments sector still relies on outdated systems, risking inefficiency and regulatory compliance.

Calastone launches Tokenised Distribution, enabling asset managers to seamlessly tokenise funds for blockchain access, aiming for significant industry cost savings.