Financial Services stories
Banks struggle to harness full potential of cloud tech
Last week
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data analytics
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fintech
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rpa
A new report reveals traditional banks struggle to leverage cloud investments effectively, contrasting with fintechs that prioritise sales growth.
Finkeda empowers rural India with 36,000 merchant hubs
Last week
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financial literacy
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merchants
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financial services
Finkeda has launched over 36,000 merchant hubs across India, providing vital financial services to rural areas and enhancing local economic empowerment.
Vanquis Bank adopts SAS Viya on Azure for better analytics
Last week
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data analytics
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digital transformation
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cx
Vanquis Bank is enhancing its digital strategy by adopting SAS Viya on Microsoft Azure, aiming to improve risk management and compliance efforts.
UK API security incidents rise to 83% in 2024 report
Last week
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advanced persistent threat protection
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ecommerce
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cybersecurity
UK businesses face rising API security threats, with incidents increasing to 83% in 2024, despite only 13% conducting real-time testing.
Cloudera to acquire Octopai, boosting data management
Last week
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uc
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hybrid cloud
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data analytics
Cloudera has agreed to acquire Octopai to enhance its data catalog and metadata management, improving data handling for enterprises.
BlackLine appoints Philippe Omer Decugis for European role
Last week
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martech
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cdp
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sap
BlackLine has appointed Philippe Omer Decugis as Senior Vice President and General Manager for Europe to enhance growth and customer success across the region.
Zoho reports 18% revenue growth & expands in Australia
Last week
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edutech
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data privacy
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cybersecurity
Zoho reports a 19% rise in Australian customers and an 18% revenue increase, focusing on local partnerships and social responsibility initiatives.
Workday named leader in 2024 Gartner Magic Quadrant
Last week
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uc
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digital transformation
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hcm
For the third consecutive year, Workday has been named a Leader in the 2024 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises.
Lintasarta & 6Estates partner to boost AI in Indonesia
This month
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ai
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collaboration
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nvidia
Lintasarta has inked a partnership with Singapore's 6Estates to enhance AI adoption and innovation across Indonesia, leveraging advanced GPU infrastructure.
Integrity360 launches new Managed dSOC with Darktrace AI
This month
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ransomware
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advanced persistent threat protection
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ai security
Integrity360 has launched its Managed dSOC Services, enhancing cyber security with Darktrace's AI tech for real-time monitoring and rapid incident response.
Toqio partners with DSA to enter growing logistics sector
This month
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financial systems
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supply chain & logistics
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ecommerce
Toqio has ventured into the logistics sector by partnering with global e-commerce firm DSA, aiming to leverage financial solutions for growth.
Aston Barclay partners with IDHL for digital expansion
This month
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cx
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martech
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partner programmes
Aston Barclay has engaged digital agency IDHL to enhance its marketing strategy, aiming to boost revenue and improve customer experience.
EXL unveils insurance LLM for improved claims accuracy
This month
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data analytics
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llms
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ai
EXL has unveiled its new Insurance LLM, enhancing claims accuracy by 30% for the insurance sector, leveraging NVIDIA partnerships and advanced AI techniques.
Apple's support boosts RCS adoption among global brands
This month
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uc
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cx
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martech
A recent study by Sinch reveals over 70% of brands view Rich Communication Services as a key channel for customer communication in five years.
Foodstuffs South Island wins top customer innovator award
This month
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edutech
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uc
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digital transformation
Foodstuffs South Island has been honoured with Trend Micro's Customer Innovator Award for its advanced integration of cybersecurity into digital strategies.
Ripjar appoints new CEO amid significant investment boost
This month
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risk & compliance
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ai
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government
Ripjar has secured a majority growth investment from Long Ridge Equity Partners, appointing Tom Obermaier as its new CEO to enhance global operations.
Siemens to acquire Altair Engineering for USD $10 billion
This month
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it in manufacturing
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digital transformation
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data science
Siemens has reached an agreement to acquire Altair Engineering for an enterprise value of approximately USD $10 billion, enhancing its industrial software capabilities.
Tata boosts AI cloud with NVIDIA upgrades in India
This month
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genai
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ai
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cybersecurity
Tata Communications is set to enhance its AI cloud infrastructure in India with NVIDIA Hopper GPUs, spearheading a new wave of AI applications across sectors.
Kraken introduces crypto derivatives for Australian clients
This month
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cryptocurrency
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blockchain
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risk & compliance
Kraken has launched a new service for Australian wholesale clients, introducing a range of crypto-based derivatives products to enhance trading strategies.
MTF Finance names Zoe Anderson as Chief Credit Officer
Last month
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university of otago
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leadership
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ami
Zoe Anderson has been appointed Chief Credit Officer at MTF Finance, effective January 2025, bringing over 13 years of experience from RAC Finance.