Financial Services stories - Page 47

While big tech boasts bleeding-edge AI, SAS says it's quietly building tools that deliver measurable returns for government, industry and health.

Syfe teams up with BlackRock to offer Accredited Investors in Singapore exclusive access to US middle market private credit, requiring lower minimum investments.

Over 60% of 500 global business leaders are investing in or exploring quantum AI, citing promise in data analytics amidst cost and knowledge barriers.

CyberArk appoints Jeremy Sim as Area VP Channels for Asia Pacific and Japan, aiming to boost partner engagement and strengthen identity security solutions.

A SAS survey reveals 60% of businesses are exploring quantum AI, despite barriers like cost, knowledge gaps, and lack of regulation hindering adoption.

StarTree unveils new AI-powered features, including Model Context Protocol and vector embedding, enhancing real-time enterprise data insights and control for June 2025.

Gresham upgrades Control for Investment Management with a new web interface, boosting integration and automation for over 100 investment clients globally.

Rubrik and Rackspace team up to launch a new managed recovery service, cutting cyber attack recovery from weeks to hours for key sectors like finance and healthcare.

The OpenID Foundation will showcase global digital ID interoperability with ten teams and government reps from three regions in an upcoming webinar.

Acuity Knowledge Partners launches Agent Fleet, an AI platform designed to boost efficiency for banks, asset managers and private equity firms without more staff.

Research finds that 56% of organisations face costly software risks due to mismatches between documented architecture and production reality amid growing AI-driven development.

Anetac launches Human Link Pro, unifying human and non-human identity management with AI to combat rising security risks amid workforce shifts globally.

New Relic's report reveals financial services and insurance face costly outages, with business-impact events costing a median USD $2.2 million per hour.

NetFoundry has raised USD $12 million in venture capital led by SYN Ventures, advancing its military-grade software-defined secure networking platform.

Uno Digital Bank has adopted Pennant Technologies' Loan Management System to streamline operations, boost flexibility, and enhance customer lending experiences.

SIOS Technology partners with DataHub Nepal to deliver high-availability and disaster recovery solutions, boosting business resilience across Nepal.

Saviynt appoints Roger Hsu as Regional VP for Asia to lead cybersecurity growth amid rising cyber threats in the Asia-Pacific region.

Web and API attacks in the Asia Pacific and Japan surged 73% in 2024, with 51 billion incidents linked to AI-driven cyber threats, says Akamai.

Kiteworks has revealed its report on the top data breaches of 2024, highlighting the increasing importance of data sensitivity in assessing breach severity.

A staggering 51% of all web traffic now comes from automated bots, with malicious activity on the rise, according to the 2025 Imperva Bad Bot Report by Thales.