Financial institutions stories - Page 12

Clear, accessible shareholder communication is vital to empower a growing generation of female investors, in an increasingly complex financial climate.

Finastra appoints Mike Stawchansky, an expert with over 25 years in the tech sector, as Senior VP and Chief Technology Innovation Officer to boost customer technology and Gen AI innovation.

Digital learning tools hold a potential catalyst for boosting the economic presence of women, as this IWD 2024 highlights, aiming to bridge the gap for unbanked women in Asia-Pacific.

Business Systems Ltd appoints Mike Wardell, former Giacom CEO, who steered the firm to £100M revenue, as its new CEO, cementing the firm's commitment to overseeing digital transformation, compliance solutions and cultivating strong corporate culture.

Bitcoin hits an all-time high against the NZD, nearing a similar historic landmark in USD, amid burgeoning global interest in the cryptosphere.

Jersey Telecom's acquisition of Australian tech company Spectrum bolsters the fight against online payment fraud, reinforcing security on a global scale.

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.

Visa uses AI to help New Zealand financial institutions prevent $273m in fraud, marking a three-fold increase from 2021 and highlighting the pivotal role of AI in financial security.

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.

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.

Kiwi crypto investors traded NZD $4.6bn in digital assets in the first year on Binance New Zealand, the largest local exchange.

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.

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