Financial Services stories - Page 6

Prudential is set to enhance medical insurance claims processing by partnering with Google Cloud to implement the MedLM model in Singapore and Malaysia.

Anchora has secured its position as the first agency in the Asia-Pacific to achieve Adobe Journey Optimiser Specialisation, enhancing client marketing success.

A report reveals that over 50% of financial institutions in Asia are failing to adopt AI for anti-money laundering, risking exposure to financial crime.

Tata Consultancy Services has partnered with NVIDIA to launch a new business unit focused on boosting AI adoption across multiple industries.

Research by Telstra suggests a lack of professional networks among senior leaders in large Australian organisations could cost AUD $53 billion annually.

Quor has appointed Bruce Boytim as its new CEO, bringing over 20 years of expertise in financial services and technology to lead the company.

A10 Networks is enhancing its security and AI solutions to help organisations manage cyber risks and optimise IT infrastructure amid rising threats.

Fastly has launched its automated DDoS Protection service, enabling organisations to defend against application-layer attacks with a single click.

Human Managed has released a white paper on federated learning, highlighting its potential for enhanced data privacy and digital transformation in ASEAN.

Alchemyst AI has secured USD $300,000 in pre-seed funding to enhance its AI automation technology and workforce, led by Inflection Point Ventures.

Vesper Technologies reports that 84% of financial firms now use AI, driven by competitive pressure, with spending on AI hardware set to rise significantly.

Fujitsu has launched a dedicated AWS practice in Australia to provide comprehensive cloud solutions as the local market nears AUD $38.1 billion by 2027.

Genesys has appointed Albert Nel as Senior Vice President for APAC, bringing over 20 years of tech experience to spearhead sales strategies in the region.

DataStax has launched its AI Platform in collaboration with NVIDIA to accelerate AI development, claiming a 60% reduction in development time.

Alexandra Chiaramonti has been appointed Managing Director of GoCardless's international operations to drive global growth, particularly in APAC regions.

Ecommpay has claimed two honours at the Compliance Register Platinum Awards 2024, recognising its excellence in marketing and compliance efforts.

Thales' 2024 Data Threat Report reveals a reduction in data breaches within financial services, but concerns over ransomware and GenAI adoption persist.

Everstage has successfully raised USD $30 million in Series B funding, led by Eight Roads Ventures, to enhance its innovative sales commission management platform.

Cequence Security has posted a remarkable 117% year-on-year growth in annual recurring revenue, driven by significant client acquisitions and industry recognition.

LogicMonitor has launched a new data centre in Singapore, hosted by AWS, to bolster its services for clients across Southeast Asia.