DataCenterNews Asia Pacific - Specialist news for cloud & data center decision-makers

Financial institutions stories - Page 3

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Ondo Finance launches tokenised US Treasuries on XRP Ledger
Wed, 29th Jan 2025
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blockchain
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cloud services
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capital management
Ondo Finance has unveiled tokenised U.S. Treasuries on the XRP Ledger, boosting institutional access to short-term securities via Ripple USD.
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Real-time KYC: Tipping the balance in corporate banking’s digital revolution
Tue, 28th Jan 2025
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data analytics
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digital transformation
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fintech
As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.
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AI revolutionising financial crime detection by 2025
Mon, 27th Jan 2025
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quantum computing
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ai
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outsourcing
The future of financial crime prevention is being reshaped by AI and quantum computing, presenting both opportunities and risks, says Efficient Frontiers International.
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Azul ensures Java solutions comply with DORA EU standards
Wed, 22nd Jan 2025
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risk & compliance
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cybersecurity
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software development
Azul has confirmed that its Java solutions now meet the European Union's Digital Operational Resilience Act (DORA) requirements, aiding financial institutions in compliance.
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DORA compliance deadline impacts EU financial sector
Sat, 18th Jan 2025
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data protection
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advanced persistent threat protection
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risk & compliance
The deadline for the EU's Digital Operational Resilience Act has arrived, pushing financial institutions to enhance their cybersecurity and compliance practices.
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Citi & Barclays invest in Validis for banking innovation
Fri, 17th Jan 2025
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risk & compliance
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financial institutions
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data automation
Citi and Barclays have invested in Validis to boost banking innovation, focusing on automated data standardisation for improved lending processes.
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Azul's OpenJDK solutions comply with EU's DORA standards
Fri, 17th Jan 2025
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advanced persistent threat protection
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risk & compliance
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software development
Azul has secured compliance for its OpenJDK solutions with the EU's DORA standards, bolstering digital resilience for financial institutions ahead of the 2025 deadline.
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Backbase highlights banking trends shaping the industry in 2025
Tue, 14th Jan 2025
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data analytics
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fintech
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cx
Backbase forecasts a USD $1 trillion transformation in banking by 2025, urging traditional banks to innovate or face a 30% market share loss to digital rivals.
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Kobble unveils platform to revolutionise finance in Australia
Thu, 26th Dec 2024
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fintech
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blockchain
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risk & compliance
Kobble has unveiled a new Embedded Finance Platform designed to tackle inefficiencies in Australia's financial sector caused by failed IT projects.
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Futurex partners with Cake to launch cloud payment system
Thu, 26th Dec 2024
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document management
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digital transformation
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encryption
Futurex has teamed up with Cake, Vietnam's leading digital bank, to launch the country's first fully cloud-based Card Management System.
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Digital resilience rules for ICT providers from 2025
Thu, 26th Dec 2024
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cybersecurity
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software updates
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insurance
The Digital Operational Resilience Act will come into force on 17 January 2025, impacting ICT providers linked to the financial services sector.
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Morgan Stanley partners with Wise to boost FX settlements
Thu, 26th Dec 2024
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financial institutions
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forex
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wise
Morgan Stanley has partnered with Wise to enhance its foreign exchange settlement capabilities, marking a first for an investment bank in this area.
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Radware strengthens AI security for top Italian bank
Fri, 20th Dec 2024
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firewalls
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network security
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cloud security
Radware is boosting its AI-driven security services for one of Italy's top five banks, aiming to combat rising cyber threats and comply with EU regulations.
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Stefan Krause joins artius.iD as strategic advisor
Thu, 19th Dec 2024
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cartech
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cybersecurity
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financial institutions
Security and digital ID firm artius.iD appoints Stefan Krause, ex-CFO of BMW and Deutsche Bank, to its Board of Strategic Advisors amid growing cybersecurity challenges.
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Hands-on Review: Norton 360 Platinum with the new Financial Monitoring
Wed, 18th Dec 2024
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reviews
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advanced persistent threat protection
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data privacy
Norton has launched Financial Monitoring within its 360 Platinum suite, enhancing users' financial security by tracking unusual activity and subscription changes.
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Pegasystems unveils AI-driven Pega Smart Investigate update
Thu, 12th Dec 2024
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rpa
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genai
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ai
Pegasystems has unveiled the latest Pega Smart Investigate Enterprise Edition, enhancing banks' capabilities in processing payment exceptions with AI automation.
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Financial sector's growing focus on cloud resiliency in 2023
Thu, 12th Dec 2024
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dr
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cloud security
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advanced persistent threat protection
The Cloud Security Alliance's new report reveals that 78% of financial institutions use single-cloud systems, emphasising resilience amid rising cyber threats.
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UK & US firms face rising data costs despite upgrades
Thu, 12th Dec 2024
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cloud services
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cto
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data management
A new study reveals that 94% of financial institutions in the UK and US anticipate rising data budgets, raising concerns over cost control amid increasing expenses.
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Visa mandates end of SMS OTPs to tackle AI-driven scams
Mon, 9th Dec 2024
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cx
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phishing
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martech
Visa will require Australian financial institutions to move beyond SMS One-Time Passwords for payments by October 2026 to combat rising AI-driven fraud.
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Zscaler report reveals surge in mobile cyberthreats
Wed, 4th Dec 2024
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ransomware
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digital transformation
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iot security
Zscaler's latest report reveals over 200 malicious apps in Google Play, urging organisations to enhance mobile security amid rising mobile threats.