Financial Services Stories - Page 125

Global Stories

Financial Services stories

Guavapay marks 71% revenue growth in financial year 2024

London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.

By Shannon Williams • 3 min read • Tue, 21st Jan 2025

EduTech

Middlebank & SimPPLY unite to boost supply chain efficiency

Middlebank Consulting Group and SimPPLY have formed a partnership to enhance supply chain visibility, aiming to cut third-party costs by up to 15%.

By Shannon Williams • 2 min read • Tue, 21st Jan 2025

Fintech

Chris Wilson named new finance chief at Ecommpay

Chris Wilson has been appointed Chief Financial Officer at payments platform Ecommpay, bringing a wealth of experience from the music and finance sectors.

By Imee Dequito • 2 min read • Tue, 21st Jan 2025

Software-as-a-Service

Wiz & The Instillery team up for APAC cloud security push

Wiz has partnered with The Instillery to boost adoption of its Cloud-Native Application Protection Platform in the Asia-Pacific, enhancing cloud security solutions.

By Kaleah Salmon • 3 min read • Fri, 17th Jan 2025

Data Protection

Brightcove earns ISO data security certification, ISO 27001

Brightcove has secured the ISO/IEC 27001 certification, reinforcing its commitment to data protection in sectors including media, retail, and finance.

By Melania Watson • 2 min read • Fri, 17th Jan 2025

Data Analytics

Backbase highlights banking trends shaping the industry in 2025

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.

By Kaleah Salmon • 3 min read • Tue, 14th Jan 2025

Digital Transformation

Real-time payments: Revolutionizing APAC's financial landscape

The Asia-Pacific region is experiencing a payment revolution, with realtime transactions surging to 185.8 billion in 2023, reshaping financial interactions.

By Kanishk Upadhyay • 4 min read • Tue, 14th Jan 2025

Customer Relationship Management

Australian small businesses under pressure: can optimism and tech transform their 2025?

Despite facing record insolvencies due to rising costs and reduced consumer spending, Australia's small businesses remain hopeful about 2025, embracing tech-driven strategies.

By Rakesh Prabhakar • 5 min read • Fri, 10th Jan 2025

Robotic Process Automation

2025: welcome to workplace 5.0 and human-centric AI

As generative AI evolves, businesses are gearing up for Workplace 5.0, where human collaboration and AI integration redefine productivity by 2025.

By Sunny Saha • 5 min read • Wed, 8th Jan 2025

Public Sector

Mail Metrics acquires Adare SEC, boosts UK market presence

Mail Metrics has acquired Adare SEC, its fourth purchase in four years, expanding its workforce and boosting UK revenue projections to GBP £175 million.

By Catherine Knowles • 4 min read • Tue, 7th Jan 2025

Fintech

Fintech leaders predict 2025's impact on the industry

Fintech executives foresee 2025 shaped by evolving fraud tactics, AI, open banking regulation, and changing consumer demands in the mortgage market.

By Shannon Williams • 5 min read • Wed, 1st Jan 2025

Phishing

30,000 Postman workspaces leak API keys & credentials

CloudSEK has uncovered over 30,000 exposed Postman workspaces leaking sensitive API keys, affecting major firms across healthcare, finance, and sports sectors.

By Shannon Williams • 3 min read • Fri, 27th Dec 2024

Large Language Models

SandboxAQ secures $300m to advance AI quantum tech

SandboxAQ has secured over $300 million in funding, bringing its pre-money valuation to $5.3 billion as it advances in AI and quantum technology.

By Catherine Knowles • 3 min read • Thu, 26th Dec 2024

Financial institutions

Morgan Stanley partners with Wise to boost FX settlements

Morgan Stanley has partnered with Wise to enhance its foreign exchange settlement capabilities, marking a first for an investment bank in this area.

By Kaleah Salmon • 2 min read • Thu, 26th Dec 2024

Stories from Other Regions

Financial Services stories

Data Protection

DORA compliance deadline impacts EU financial sector

The deadline for the EU's Digital Operational Resilience Act has arrived, pushing financial institutions to enhance their cybersecurity and compliance practices.

By Sean Mitchell • 3 min read • Sat, 18th Jan 2025

Unified Communications

EU's DORA act poses challenges & opportunities for finance

The EU's Digital Operational Resilience Act, effective from 17th January, presents both hurdles and opportunities for the financial sector, say industry leaders.

By Catherine Knowles • 3 min read • Fri, 17th Jan 2025

Data Analytics

Qodea appoints Alan Paton as new CEO to drive growth

Alan Paton has been appointed Chief Executive Officer of Qodea, Europe's leading Google Cloud digital transformation partner, to drive further growth.

By Imee Dequito • 2 min read • Thu, 16th Jan 2025

Fintech

Marqeta predicts hyper-personalisation in fintech by 2025

Marqeta's leaders predict fintech in 2025 will focus on hyper-personalisation, digitalisation, and proactive compliance to meet evolving consumer demands.

By Kaleah Salmon • 4 min read • Mon, 30th Dec 2024