Finance stories - Page 1

With crypto dominating headlines and social media, newcomers are urged to ask questions and understand the market before diving into investing.

Seagate has launched a budget-friendly archive tier for its Lyve Cloud service, allowing enterprises to store infrequently accessed data at $3.75 per terabyte.

Quadient forecasts that by 2025, blockchain will revolutionise finance teams, enhancing transaction accuracy and transparency in a challenging skills landscape.

Twilio has honoured 16 startups at the 2024 AI Startup Searchlight Awards for their innovative use of Twilio's tools to enhance customer engagement.

Apricorn has expanded its Aegis Secure Key 3NX line, now offering hardware-encrypted USB drives with storage up to 512GB for enhanced data protection.

NVIDIA has joined forces with Helsinki's Algorithmiq to enhance quantum computing, leveraging GPUs to significantly boost performance in emerging technologies.

A report reveals that 60% of banking leaders are integrating generative AI technology into operations, outpacing other sectors in adoption rates.

Hitachi Vantara has launched enhancements to its Virtual Storage Platform One, featuring all-QLC flash arrays and improved cloud capabilities to support data-heavy sectors.

AI-driven analytics firm Surveil has secured certification from the FinOps Foundation, enhancing its role in managing cloud financial operations.

Trellis Data has launched a new AI decoding method, Dynamic Depth Decoding, which could cut computational needs by 68.4% and speed up processes significantly.

Interest in cryptocurrency trading is surging in New Zealand, with Bitcoin reaching an all-time high of USD $90,000, boosting trading activity significantly.

SAS has acquired Hazy's synthetic data technology to boost its AI capabilities, aiming to enhance data privacy and analytics by early 2025.

Data breaches are costly, resulting in losses over USD $50,000 on average, while eroding customer trust and threatening company reputations.

Diliko has unveiled its Agentic AI platform to automate data management for mid-sized enterprises, aiming to enhance efficiency in sectors like healthcare and finance.

New Relic has expanded its presence in India by launching a new office in Bengaluru, featuring over 300 seats to support its growing teams.

A study by Veracode reveals that 76% of financial applications have unresolved security flaws, posing significant risks to organisations and their customers.

Qualys' Vulnerability Management, Detection and Response has been named both an 'Outperformer' and 'Leader' in the 2024 GigaOm Radar Report for Continuous Vulnerability Management.

IBM has been recognised as a Leader in the 2024 Gartner Magic Quadrant for Cloud Financial Management Tools for its IBM Cloudability product.

Celonis has launched AgentC, a suite of AI agents enhanced with process intelligence, aimed at streamlining enterprise applications and boosting efficiency.

ServiceNow and Rimini Street have teamed up to modernise ERP systems with an AI solution, promising cost-effective upgrades and enhanced innovation.