Financial institutions stories - Page 15

Finastra appoints Mike Stawchansky, an expert with over 25 years in the tech sector, as Senior VP and Chief Technology Innovation Officer to boost customer technology and Gen AI innovation.

Business Systems Ltd appoints Mike Wardell, former Giacom CEO, who steered the firm to £100M revenue, as its new CEO, cementing the firm's commitment to overseeing digital transformation, compliance solutions and cultivating strong corporate culture.

Jersey Telecom's acquisition of Australian tech company Spectrum bolsters the fight against online payment fraud, reinforcing security on a global scale.

Despite a 27% drop from December 2023, January 2024 saw a three-year high in ransomware attacks, reflecting a year-on-year rise. NCC Group's analysis shows Lockbit remains the top perpetrator.

BlueVoyant's second report on external cyber defence trends highlights emerging risks beyond IT perimeters, including AI's role in intensifying cyber attacks.

Tech and cybersecurity veteran Kate Reed joins global Privileged Access Management provider, Delinea, as Chief Marketing Officer, bringing 20+ years of experience.

Advanced AI tech leader Kore.ai raises $132 million in Series D funding, facilitated by FTV Capital and existing investors, aiming to boost market expansion and AI innovation.

Impactsure launches its AI-powered SURE platform on Microsoft Azure Marketplace, offering data extraction, processing, and analytics.

Regtech firm eFlow Global announces plans for international expansion, strengthening its position in the US and increasing its already significant client base by 57% in the past year.

Swiss fintech firm Rivero has raised $7m in a Series A funding round to expand its Europe-wide presence.

The global HSMs market is set to rise from $1.2bn in 2023 to $2.3bn by 2028, driven by growing cyber threats, data security needs and digital transactions.

Surging demand for environmentally and socially responsible investments is set to propel the sustainable finance market, reports Future Market Insights.

InterCloud has become the first non-Swiss firm to secure Secure Swiss Finance Network certification, enhancing global financial service security.

Delinea boosts Secret Server's usability with new features, aiming to streamline privileged access management across businesses.

Cambridge-based FinCrime Dynamics has appointed fintech leader Joanne Dewar to its board as it prepares for growth.

CBA campaigns against tech-facilitated abuse, offering proprietary AI and machine-learning techniques free to all banks.

As the global financial ecosystem expands, it's getting harder for organisations to navigate the maze of cyber risks alone.

Security printing forecasted to hit a valuation of USD 5.6 billion by 2030, bolstered by a surge in demand to thwart counterfeiting.

This new development will facilitate the fintech's ability to deliver its core banking services seamlessly on a global scale.

Utimaco extends partnership with Episode Six to support their global payment processing service with MYHSM Payment HSM-as-a-Service solution.