Financial Services stories - Page 74

Workday reports 17% YoY fiscal growth and outlines plans to acquire AI-backed talent orchestration firm, HiredScore, to enhance its CFO solutions portfolio.

Cybersecurity firm Imperva has found that 71% of last year's web traffic was linked to APIs, acting as a major attack vector due to organisations' insufficient visibility, leading to a sharp rise in targeted attacks.

Zühlke appoints Angela Bishop, former UK MD for Industry Sector Practices, as new UK CEO with a focus on promoting diversity in the tech industry.

The notorious LockBit ransomware gang, linked to over £120m in extortion and impacting 2000+ victims globally, has been dismantled by an international task force led by the UK and US.

Earnix bolsters cybersecurity with appointment of Daniel Shalom as new Chief Information Security Officer, leveraging his two-decade experience to fortify the firm's security strategy.

Leaders in financial services, retail, and construction are harnessing multi-cloud computing for innovation, cost reductions and improved data performance.

UK government's wait and see approach to AI regulation sparks criticism among lawmakers over lack of urgency despite AI's existential threat warnings.

VIPRE's annual email threat landscape study reveals a 276% rise in malware, with financial services the most targeted sector.

Gavin Jones, Area VP for ANZ at Elastic, the leading search analytics firm, shares insights on its strategic direction and technological advancements.

Tradeshift, the B2B eCommerce and fintech platform, hires veteran financial executive Iain Balchin as its new CFO, focusing on expanding network and monetising services.

Raymond Kok takes over as CEO of low-code leader, Mendix, succeeding Tim Srock and signals intent to boost productivity and innovation through closer Siemens synergies.

London's Henry Dannell and Windmill Ventures join forces to launch a tech platform that will revolutionise high-value lending for HNW and UHNW individuals by March 2024.

Medallia, Inc. unveils Medallia Agile Research, an advanced self-service market research tool integrated into its Experience Cloud, aimed at enabling fast, comprehensive surveys and data collection while preserving the integrity of an organisation's data history.

Fintech leaders urge UK regulators to impose stricter AI laws to foster confidence and responsible usage in financial services.

Progress enhances OpenEdge platform with features to accelerate application modernisation, optimise development processes and boost security for over 100,000 global customers.

In response to growing malicious bot activity in Asia Pacific and Japan, tech giant Akamai Technologies unveils Content Protector, a new tool designed to mitigate scraping attacks while preserving beneficial traffic.

Hexaware, a global IT services leader, earns key rankings in the 2023/2024 Whitelane Research IT Sourcing Study for Europe, emphasising their vigorous commitment to customer satisfaction and excellence.

Bank of England Governor, Andrew Bailey, defies cynicism surrounding AI, predicting AI's potential for job creation and efficiency over elimination in the UK economy.

Munich's Giesecke+Devrient boosts stake in software corporation Netcetera to 95%, enhancing its financial platforms and reinforcing future growth in digital banking and payments.

UK and US financial services and insurance firms are increasingly embracing AI, however, data silos and operational risk concerns are impeding widespread application, says an EXL study.