Financial Services stories - Page 17

Intelliworx promotes Joy Johnson to lead UK and US client services, aiming to capitalise on the booming cybersecurity market and company's growth.

BGF has invested GBP £5 million into Cardiff's PureCyber, a fast-growing cybersecurity firm, appointing Ben Marnham as Non-Executive Chair to spearhead further growth.

Report reveals a disconnect between perceived and actual data security, with 63% of firms overestimating their protective measures despite record data breaches.

Redactive AI secures $11.5M in seed funding to revolutionise enterprise AI with a focus on security and permissions, attracting key venture firms.

MoEngage launches a new platform in Australia, aimed at helping financial institutions tackle inefficiencies and deliver personalised customer experiences in real time.

Insight Enterprises acquires New World Tech, aiming to boost digital transformation expertise in public and private sectors with strategic consulting and cutting-edge solutions.

HCLTech has topped the 14th Annual Asia Executive Team survey by Institutional Investor, excelling in 21 categories in the Technology IT Services & Software sector.

The advent of AI factories is revolutionising business operations by merging GenAI capabilities with modernised data centres, enhancing productivity and sustainability.

Outsized has announced its expansion into the Australian and New Zealand markets, addressing the rising demand for skilled independent talent in key sectors.

A new study by Juniper Research predicts digital identity app installations will soar to 5.2 billion globally by 2029, driven by regulatory standards and biometric verification.

As Australia gears up for the next federal election, the Albanese Government emphasises automation and AI as keys to driving innovation in its Future Made in Australia policy.

Creatio secures USD $200 million in funding, reaching a USD $1.2 billion valuation. Led by Sapphire Ventures, this investment will bolster global expansion and AI innovation.

While 22% of firms globally effectively utilise Gen AI, a SoftServe study highlights prevailing data and skill gaps, reflecting similar trends in Singapore.

Apricorn has achieved ISO 9001:2015 certification, recognising its commitment to quality management standards in hardware-encrypted USB data storage.

Bank Negara Indonesia has partnered with Cloudera to revolutionise its operations through generative AI, enhancing productivity and customer experience.

Australian cyber security firm CSO Group and automation specialist xAmplify plan to merge in 2024, creating the nation’s largest AI and cyber security service provider.

Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.

UiPath's Automation Cloud is now available on Microsoft Azure in the UK, enabling secure AI automation while complying with local data residency laws.

As Ofcom hints at reduced letter deliveries, businesses must brace for possible mail disruptions and refine their mailing strategies for resilience.

SourseAI partners with Moflix to revolutionise telcos with AI and digital-first tools, aiming to better personalise and simplify the customer experience.