Financial institutions stories - Page 2
![Story image](../../../../../uploads/story/2024/05/29/preview_img-rj4qjEao6Nc2CpAt8V9ovDgY.webp)
Currencycloud & Pyvio to streamline Chinese e-commerce payments
Wed, 29th May 2024
#
fintechs
#
payment technologies
#
transactions
Currencycloud and Pyvio are partnering to enhance cross-border payment solutions for Chinese e-commerce businesses, aiming to simplify transactions in emerging markets.
![Story image](../../../../../uploads/story/2024/04/29/preview_1546958218640.webp)
Exclusive: How Kyriba is optimising organisations financial strategies
Thu, 16th May 2024
#
supply chain systems
#
risk & compliance
#
payment technologies
Financial strategies firm, Kyriba, is empowering CFOs and IT leaders in the APAC region with its AI-powered risk management solutions,.
![Story image](../../../../../uploads/story/2024/05/16/preview_img-86Yy345rFAMieo1poewkEZRr.webp)
DataStax to launch AI-integrated data platforms HCDP & DSE 6.9
Thu, 16th May 2024
#
converged infrastructure
#
cx
#
martech
DataStax is set to revolutionise enterprise data with the upcoming launch of its Hyper-Converged Data Platform and DSE 6.9, promising advanced AI and vector search capabilities.
![Story image](../../../../../uploads/story/2024/05/16/preview_img-2rRXwJCSEGMiSv5y8dDFWWRx.webp)
Paymentology & Audax partner to revolutionise card services
Thu, 16th May 2024
#
fintechs
#
cx
#
blockchain
Paymentology and Audax join forces to deliver an innovative Cards-as-a-Service solution, simplifying and speeding up card programme launches for banks and FIs in Southeast Asia and the Middle East.
![Story image](../../../../../uploads/story/2024/05/15/preview_img-9yDnr2dM5rogIFi0XTXBsvOX.webp)
Future-proofing financial services: The new era of AI-enhanced identity security
Wed, 15th May 2024
#
digital transformation
#
risk & compliance
#
data privacy
AI-enhanced identity security is essential as 93% of financial services leaders grapple with data breaches. How can AI modernise and fortify their defences?.
![Story image](../../../../../uploads/story/2024/05/10/preview_img-3pGwcaItQ3FpIQQSD0GUboI2.webp)
Report reveals 76% of banks face sophisticated fraud threats
Fri, 10th May 2024
#
biometrics
#
email security
#
money laundering
Report reveals increase in fraud cases amongst banks, with money laundering, account takeovers, and AI-generated threats posing significant risks.
![Story image](../../../../../uploads/story/2024/05/08/preview_img-7ma23VCPZMDsOhOd0eBozmqN.webp)
Tech Data Capital expands to Singapore, Australia & India
Wed, 8th May 2024
#
financial institutions
#
singapore
#
australian
Tech Data Capital is set to launch in Singapore, Australia, and India, offering flexible financing for IT channel partners and end-users to fuel growth within the region's tech ecosystem.
![Story image](../../../../../uploads/story/2024/05/06/preview_img-dh8wDyQJvJsp08w4eoVEwoS9.webp)
Finastra & OpenFin unite to boost Kondor's treasury banking system
Mon, 6th May 2024
#
risk & compliance
#
microservices
#
financial institutions
Finastra partners with OpenFin to enhance the user experience on Kondor, Finastra's bank treasury management system, streamlining decision-making processes for banks.
![Story image](../../../../../uploads/story/2024/05/02/preview_img-YBFFf1L2idgyb8IY7Bd1FY3x.webp)
Australian firms see customer rates hit by increasing fraud
Thu, 2nd May 2024
#
fintechs
#
ai
#
fraud
LexisNexis Risk Solutions' study reveals 80% of Australian firms recognise fraud significantly impacting customer conversion rates.
![Story image](../../../../../uploads/story/2024/05/01/preview_img-NZBQ4UCLhzhuv0z0OETDPjLf.webp)
AI's role in global digital fraud exposed by BioCatch study
Wed, 1st May 2024
#
ai
#
fraud
#
digitisation
A BioCatch study reveals that artificial intelligence (AI) is increasingly used by criminals for financial crime and digital fraud, posing significant challenges to global financial institutions.
![Story image](../../../../../uploads/story/2024/04/23/preview_unnamed__19_.webp)
Customers vs banks - Where should the buck stop in preventing finance scams?
Wed, 24th Apr 2024
#
advanced persistent threat protection
#
cybersecurity
#
fraud
As cybercrime rates surge, Australia's major banks grapple with responsibility for preventing financial scams, prompting critical discourse on customer versus bank account protection roles.
![Story image](../../../../../uploads/story/2024/04/22/preview_img-GumEEgccWAFlZ2WHILjRitJg.webp)
Bridgewise secures $21M funding led by SIX Group & Group 11
Tue, 23rd Apr 2024
#
ai
#
cybersecurity
#
investment
AI-based analysis platform Bridgewise secures $21m in funding led by SIX Group, raising total capital to $35m to expand reach and enhance its AI technology for global security insights.
![Story image](../../../../../uploads/story/2024/04/18/preview_img-C18WzjJVUOyzS3Xc8kfuYe55.webp)
Ozone API partners with Thistle Initiatives for PSD3 compliance readiness
Thu, 18th Apr 2024
#
fintechs
#
risk & compliance
#
open data
Global open banking leader, Ozone API, has formed a strategic partnership with Thistle Initiatives to help financial institutions achieve compliance with the forthcoming Third Payment Services Directive (PSD3).
![Story image](../../../../../uploads/story/2024/04/18/preview_img-9hd16k8Rt6JklCQOD9CpXT8F.webp)
Fils partners with Aion to integrate ESG values in Middle Eastern finance
Thu, 18th Apr 2024
#
cleantech
#
fintechs
#
sustainability
Fintech operator Fils joins forces with digital banking provider Aion to fuse ESG principles into Middle East finance, leveraging Green APIs to track and reduce emissions.
![Story image](../../../../../uploads/story/2024/04/17/preview_img-Kgfdx7xQVxTNyTSjs6kkBl7Y.webp)
Cogo & Personetics introduce AI-powered sustainable banking
Wed, 17th Apr 2024
#
fintechs
#
cx
#
martech
Cogo partners with AI-firm Personetics, pioneering climate-conscious banking by aiding customers in understanding and managing their carbon footprints based on their spending habits.
![Story image](../../../../../uploads/story/2024/04/17/preview_img-KCQimfSSwYRRdQYJFyWCiYaW.webp)
Frollo urges collaboration to improve Australia's Open Banking data quality
Wed, 17th Apr 2024
#
fintechs
#
accc
#
westpac
Frollo, Australia's Open Banking service provider, urges a collaborative strategy to enhance the data quality in the nation's Consumer Data Right framework, supporting superior financial outcomes.
![Story image](../../../../../uploads/story/2024/04/09/preview_img-neAUJvTCqLEOTxb2HrkJwKyB.webp)
Oracle launches AI-powered platform to combat money laundering
Tue, 9th Apr 2024
#
risk & compliance
#
ai
#
money laundering
Oracle unveils AI-powered Finance Services Compliance Agent to help banks combat a predicted $5.05tn in money laundering in 2024, through enhanced transaction monitoring and risk-control efficiency.
![Story image](../../../../../uploads/story/2024/04/03/preview_Sentinel_One_049.webp)
Overcoming the data challenges associated with gen AI deployments
Wed, 3rd Apr 2024
#
uc
#
encryption
#
data privacy
As gen AI tools transform multiple sectors, businesses need to tackle key challenges including concerns over data privacy, inherited biases, and ethical dilemmas.
![Story image](../../../../../uploads/story/2024/04/02/preview_img-2vLLh1ai5OfAovP0wJ9ov6AC.webp)
Financial institutions increasingly deploy AI in fight against fraud
Tue, 2nd Apr 2024
#
risk & compliance
#
ai
#
financial institutions
Amid growing fraud concerns, a study reveals 70% of financial institutions are turning to AI and machine learning to bolster defenses, marking a notable shift towards tech innovation.
![Story image](../../../../../uploads/story/2024/04/01/preview_img-I5bsHVrmt4bdWN6WosQjqmGp.webp)
FICO survey reveals identity theft & fraud fears among Indonesians
Mon, 1st Apr 2024
#
physical security
#
fintechs
#
financial systems
FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.