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Banks accelerate AI innovation with surge in new patents & investments
Artificial Intelligence

Banks accelerate AI innovation with surge in new patents & investments

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

By Shannon Williams • 3 min read • Thu, 11th Apr 2024
Cybersecurity services market to hit $445.3 billion by 2032
Malware

Cybersecurity services market to hit $445.3 billion by 2032

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.

By Tom Raynel • 3 min read • Wed, 10th Apr 2024
Angel investors seek positive impact, warns of startup overvaluations
Fintech

Angel investors seek positive impact, warns of startup overvaluations

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.

By Kaleah Salmon • 3 min read • Tue, 2nd Apr 2024
Celonis & Sailfin Technologies launch AI-driven AR app suite
Fintech

Celonis & Sailfin Technologies launch AI-driven AR app suite

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

By Catherine Knowles • 3 min read • Thu, 28th Mar 2024
BioCatch & Google Cloud unite to combat financial cybercrime
Fintech

BioCatch & Google Cloud unite to combat financial cybercrime

BioCatch has joined forces with Google Cloud to combat soaring financial cybercrime in Southeast Asia with real-time biometric intelligence solutions.

By Shannon Williams • 2 min read • Wed, 27th Mar 2024
Transform your accounting practice with professional services advisory
Data Analytics

Transform your accounting practice with professional services advisory

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

By Nicola Stewart • 4 min read • Fri, 22nd Mar 2024

Stories from Other Regions

Banking stories

Prolific aims to establish industry standards for human data use in AI
Data Protection

Prolific aims to establish industry standards for human data use in AI

Prolific introduces a first-of-its-kind Participant Wellbeing report, advocating for ethical human data use in AI and academic research, following controversies over AI tasker exploitation.

By Catherine Knowles • 3 min read • Tue, 9th Apr 2024
Genea Fertility & GoCardless offer new IVF payment methods
Customer Experience

Genea Fertility & GoCardless offer new IVF payment methods

Pioneering fertility treatment provider Genea Fertility partners with payment company GoCardless to offer flexible payment options, making IVF and egg freezing more accessible to Australians.

By Catherine Knowles • 3 min read • Thu, 4th Apr 2024
Autonom8 launches advanced vKYC platform for Telcos & Banks in India
Generative AI

Autonom8 launches advanced vKYC platform for Telcos & Banks in India

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

By Kaleah Salmon • 3 min read • Wed, 3rd Apr 2024
Paynetics acquires Novus in sustainability-focused finance shift
Clean technologies

Paynetics acquires Novus in sustainability-focused finance shift

Embedded finance provider, Paynetics, acquires UK's leading impact neobank, Novus, to strengthen environmental, social, and governance objectives.

By Tom Raynel • 2 min read • Tue, 2nd Apr 2024
FICO survey reveals identity theft & fraud fears among Indonesians
Fintech

FICO survey reveals identity theft & fraud fears among Indonesians

FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.

By Catherine Knowles • 3 min read • Mon, 1st Apr 2024
AI-powered localised scams on the rise, banking fraud trend takes off
Advanced Persistent Threat Protection

AI-powered localised scams on the rise, banking fraud trend takes off

BioCatch warns of increasing trend of fraudsters using AI to personalise scams across Europe, with digital fraud and financial crime escalating. Meanwhile, the UK sees notable drop in voice scams.

By Catherine Knowles • 3 min read • Fri, 29th Mar 2024
European banks' AI start-up investments soar in 2023
Artificial Intelligence

European banks' AI start-up investments soar in 2023

Despite a global downturn in AI start-up investments, banks marked a 45% surge in 2023, with emphasis on bolstering regional AI capabilities.

By Shannon Williams • 3 min read • Wed, 27th Mar 2024
Bank of England increases IT spending amid criticism
Advanced Persistent Threat Protection

Bank of England increases IT spending amid criticism

The Bank of England's IT spending has surged by 12% to £98.8m, eliciting criticism amid rising expenses on tech salaries and bonus payouts.

By Shannon Williams • 3 min read • Wed, 27th Mar 2024
How voice recognition technology can transform customer experience in Australia
Customer Experience

How voice recognition technology can transform customer experience in Australia

Voice recognition technology is predicted to accelerate Australia's customer experience revolution, offering streamlined, secure, and personalised interactions across industries.

By Robert Woolfrey • 4 min read • Wed, 27th Mar 2024
RIC's digital transformation revolutionises Australian farm loans
Software-as-a-Service

RIC's digital transformation revolutionises Australian farm loans

The Regional Investment Corporation (RIC) and Infosys Finacle have successfully launched the SaaS-based Finacle Digital Lending Solution, streamlining RIC's operations and lowering costs.

By Tom Raynel • 3 min read • Mon, 25th Mar 2024
Finkr launches to revolutionise fintech sector with visionary strategies
Fintech

Finkr launches to revolutionise fintech sector with visionary strategies

London's Finkr consultancy launches today, pledging to transform the fintech sector with its forward-thinking strategy and advanced tech solutions.

By Imee Dequito • 2 min read • Fri, 22nd Mar 2024