TechDay Australia - Australia's technology news network

Financial Services stories - Page 3

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Eva Zhuang becomes first female Partner at Boman Group
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Boman Group has appointed Eva Zhuang as a Partner, making her the first woman in the role, as the firm prepares to launch new funds in 2024.
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Exclusive: GBG's Carol Chris on innovation, fraud prevention and growth
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Carol Chris, General Manager of GBG APAC, emphasises innovation in fraud prevention amid rising data breaches, as demand for compliance solutions grows.
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Baloise enhances input management with AI cloud transition
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document management
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migration
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Swiss insurer Baloise has transitioned its document management processes to Insiders Technologies' AI-powered cloud, enhancing efficiency and innovation.
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Infosys highlights AI's growing impact on global industries
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digital transformation
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A new survey by Infosys Knowledge Institute reveals a significant shift towards scaled AI deployment across industries, driven by reduced costs and improved success rates.
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Australian downtime costs climb to AUD $86 billion annually
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malware
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siem
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cloud security
Splunk's report reveals Australian firms could lose AUD $86 billion annually from unplanned downtime, raising concerns over cybersecurity resilience in the region.
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Endowus teams with Twilio to enhance platform security
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cybersecurity
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sms
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fraud
Endowus has teamed up with Twilio to enhance security on its digital wealth platform, addressing a surge in fraud cases with advanced verification measures.
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Decentralized Finance: Reimagining the future of financial systems
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blockchain
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financial systems
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defi
Decentralised Finance is poised to revolutionise financial systems globally, promoting transparency, inclusivity, and drastically reducing transaction costs.
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IDnow secures investment to expand global identity market
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digital entertainment
IDnow has secured a strategic majority investment from Corsair Capital, enhancing its position in the European identity verification market and fuelling global expansion.
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Publicis Sapient joins forces with AWS for AI cloud solutions
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data protection
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digital transformation
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hyperscale
Publicis Sapient has partnered with AWS to use AI and machine learning to assist businesses in cloud migration and personalised customer experiences.
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Radware partners with CHT Security for AI-driven protection
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firewalls
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application security
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advanced persistent threat protection
Radware has partnered with CHT Security to enhance AI-powered application security in Taiwan, addressing rising cyber threats amidst escalating DDoS attacks.
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ANZ banks tackle legacy systems with modernisation push
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digital transformation
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banking
Australian and New Zealand banks are investing billions in ICT, but the challenge remains: how to ensure these funds translate into tangible business value.
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Group-IB's fraud solution now accessible via AWS Marketplace
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malware
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gaming
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digital entertainment
Group-IB's Fraud Protection solution is now available on AWS Marketplace, enhancing online security for businesses against fraud-related threats.
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Manulife engages 75% workforce with GenAI tools globally
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digital transformation
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data science
Manulife reports that over 75% of its global workforce is now utilising its GenAI tools, including the newly launched ChatMFC, enhancing efficiency and innovation.
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Bravura expands financial tools for 6m Aussie super members
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digital transformation
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digital revolution
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bravura solutions
Bravura Solutions is set to enhance retirement advice for over 6 million Australian super fund members, driving a digital revolution in the sector.
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BankID joins advisory boards to enhance UK digital IDs
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financial institutions
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digital identity
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financial services
TISA Commercial Enterprise has announced that Norwegian Digital ID firm BankID will join the advisory committees of Select ID to enhance digital identity accessibility in the UK.
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Miranda McLean honoured in 2024 Women in FinTech Powerlist
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fintech
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financial services
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Miranda McLean, CMO of Ecommpay, has once again been named in the Innovate Finance Women in FinTech Powerlist 2024, recognising her impact in the industry.
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AnswerRocket launches new enterprise AI consulting division
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data analytics
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digital transformation
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AnswerRocket has launched a new Enterprise AI Consulting Division, appointing two seasoned leaders to drive business transformation through AI solutions.
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Hackers exploit botnet to attack Microsoft 365 accounts
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edutech
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mfa
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cybersecurity
A newly uncovered botnet of over 130,000 compromised devices is exploiting Microsoft 365 accounts through password spraying attacks, raising security alarms.
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Red Canary unveils cost-saving data storage enhancement
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storage
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siem
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advanced persistent threat protection
Red Canary has unveiled enhancements to its Security Data Lake, offering organisations a cost-effective solution for storing infrequently accessed security logs.
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New Zealanders spent 24 million hours on hold in 2024
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A report reveals New Zealanders spent 24 million hours on hold for customer service in 2024, with two-thirds considering switching providers due to delays.