IT Brief India - Technology news for CIOs & IT decision-makers

Financial institutions stories - Page 8

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Personetics raises $85M, expands operations in Australia
Fri, 21st Jan 2022
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investment
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financial institutions
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funding
Personetics raises $85m from Thoma Bravo, doubling its valuation to over $160m and expanding operations in Australia.
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Australian FIs are seeking more robust crime management solutions, report finds
Wed, 24th Nov 2021
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cybersecurity
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it management
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financial institutions
Nearly all Australian financial institutions (FIs) plan to replace in-house financial crime management solutions within three years, says IDC.
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The importance of anticipatory design in mobile banking
Fri, 1st Oct 2021
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crm
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uc
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fintech
Applying technology allows banks to anticipate their customer needs, create value and exceed customer expectations.
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Supply chain and ransomware threats drove increase in cyber intelligence sharing
Mon, 27th Sep 2021
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malware
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ransomware
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supply chain & logistics
There has been a increase in sophisticated cross-border cyber criminal campaigns against the financial sector and its supply chain.
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Entrust acquires financial technology company Antelop Solutions
Fri, 24th Sep 2021
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martech
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commerce systems
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payment technologies
Entrust, a company specialising in trusted identity, payments and data protection, has announced a definitive agreement to acquire Antelop Solutions.
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GBG and SEON strengthen online fraud prevention for financial institutions
Wed, 8th Sep 2021
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martech
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partner programmes
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risk & compliance
GBG partners with SEON to bolster online fraud prevention for banks and fintechs, offering technology integrated into the GBG Intelligence Center.
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FiVerity launches 'revolutionary' Cyber Fraud Network
Fri, 27th Aug 2021
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cybersecurity
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fraud
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financial institutions
FiVerity launches industry-first Cyber Fraud Network to combat cyber tactics and fraudulent theft in financial institutions.
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Traditional banks invest in apps to keep up with the competition
Fri, 27th Aug 2021
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apps
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mobility
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financial institutions
Traditional banks in the APAC region are rapidly developing digital wellness apps to keep up with nimbler digital-only competitors, a new study reveals.
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Manual processes leave financial orgs open to risk, study shows
Thu, 26th Aug 2021
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risk & compliance
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digitisation
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financial institutions
Two-thirds of banks, corporations and NBFIs are still using search engines for trade compliance, risking red flags and missed opportunities, says Accuity.
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Allvue Systems launches centralised data cloud with Snowflake
Fri, 20th Aug 2021
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storage
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data analytics
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martech
Allvue Systems selects Snowflake to enhance client data storage and processing capabilities in a centralised data cloud.
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mx51 to use Snowflake for analytics and customer service
Thu, 19th Aug 2021
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crm
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data analytics
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martech
Snowflake has been chosen by mx51 to enhance its analytics and customer service for its merchant payment platform.
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Automation gives competitive edge to APAC financial services firms
Fri, 25th Jun 2021
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cx
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martech
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apm
The majority of Asia Pacific financial services firms say automation gives them a competitive edge, according to new research.
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Moneythor and Envestnet | Yodlee partner, bring greater CX to finance sector
Fri, 11th Jun 2021
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crm
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fintech
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cx
Moneythor and Envestnet | Yodlee are partnering to improve customer experiences for financial institutions in Australia and New Zealand.
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Global spending on financial crime compliance accelerates
Fri, 11th Jun 2021
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risk & compliance
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financial institutions
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lexisnexis
Global spending on financial crime compliance at financial institutions is forecast to reach US$213.9 billion in 2021.
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New Bitcoin indicator series from State Street
Mon, 10th May 2021
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cryptocurrency
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blockchain
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bitcoin
State Street Corporation has launched its new Bitcoin Indicator series, aiming to measure the popularity of Bitcoin and its impact on traditional markets.
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APAC financial firms bite down as crime compliance costs rise
Mon, 29th Mar 2021
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fintech
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risk & compliance
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financial institutions
The total projected cost of financial crime compliance within Asia Pacific firms reached US$12.06 billion, according to a new report.
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Asia Pacific FSIs pay $5.1 billion for breaching AML & data privacy
Fri, 5th Feb 2021
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data privacy
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financial institutions
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aml
Financial institutions in Asia Pacific accumulate over $10.6bn in penalties for non-compliance with regulations, says Fenergo.
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Oracle rolls out anti-money laundering services for banks
Tue, 3rd Nov 2020
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hcm
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cybersecurity
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oracle
Oracle Financial Crime and Compliance Management Cloud Services is an application suite designed for mid-sized banks and smaller financial institutions.
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Radware signs on two more clients for DDoS protection
Thu, 29th Oct 2020
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ddos
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healthtech
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radware
While Radware did not share the names of its two clients, the company did explain more about the partnerships.
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Financial institutions in APAC region to invest millions in fraud prevention
Fri, 16th Oct 2020
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risk & compliance
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fraud
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financial institutions
APAC FIs projected to spend millions on fraud prevention solutions, with Thailand, China, and Indonesia leading the way, according to a GBG report.