Financial Services stories - Page 72

UK financial bosses worry inadequate cybersecurity could hinder nation's hopes of becoming a global AI leader, with only 13% of organisations resilient to cyberattacks, a Microsoft survey found.

The global powered smart card market is forecast to surge to $24.2bn by 2034, driven by enhanced functionality and advanced security features.

The 2024 M-Trends report reveals advancements in global organisations' cyber defences, with hackers' undetected dwell time falling from 16 to 10 days, marking a decade-low.

Data and AI firm Databricks experiences a 70% YoY increase in its EMEA operations, driven by surging demand for data and AI capabilities.

Bad bots accounted for nearly half of all global internet traffic in 2024, hitting their highest ever level since monitoring began in 2013, warns cybersecurity leader Imperva.

An independent Forrester Consulting study reveals AI translation service, DeepL, can boost efficiency and save millions for global organisations, highlighting the strategic importance of translation in business growth.

Appian recognises KPMG, Groundswell, Ignyte, and Perficient at the 2024 Partner Awards for their innovative solutions and exceptional delivery on the Appian Platform.

To aid TikTok marketers, DoubleVerify rolls out a brand safety tool introducing 16 additional suitability categories, enhancing precision and protection for advertisers in aligning with suitable content.

Luke Trayfoot, former PayPal and MangoPay executive, takes on role as Chief Commercial Officer at Brite Payments, heading the effort to expand their real-time bank-to-bank payment solutions across Europe.

Innovate Finance, City of London Corporation, and Encompass Corporation launch a RegTech Platform to expedite fintech initiatives, provide guidance to RegTech providers, and address sector challenges.

Buildkite partners with AWS to accelerate delivery of cloud-native applications, impacting industries including digital native, financial services, and retail.

City, University of London partners with financial services consultancy Vested to deliver a series of initiatives to support new talent joining the industry.

Kevin O'Neill, with over twenty years of business development experience, now heads revenue growth at the financial software solutions company, Aryza Group.

Rapid rise in cybercrimes forces urgent global reappraisal of security strategies in government, defence, and IT sectors amid projections of cybersecurity services market growing to $445.3bn by 2032.

New Elastic study reveals nearly all (99%) UK IT decision makers believe generative AI can drive significant organisational change, despite concerns around privacy, security and regulation.

London-based Mesh-AI fortifies energy sector operations, appointing ex-Amazon Web Services experts, Jacob Parsons as Chief Revenue Officer and James Houlton as Director of Energy and Utilities.

Bertrand Dezard joins Mangopay as Head of Sales for Fraud, focusing on global growth and expansion of anti-fraud offerings, particularly in Europe and Latin America.

Data cloud firm, Snowflake, makes innovative data clean rooms available, enabling secure and efficient data collaboration and sharing across businesses thanks to new acquisition, Samooha.

Embedded finance provider, Paynetics, acquires UK's leading impact neobank, Novus, to strengthen environmental, social, and governance objectives.

Brivo's 'Top Global Security Trends (2024)' report unveils key changes in global security teams, including increased incorporation of new tech, the expanding role of the CSO, and anticipation of AI's influence.