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Financial Services Stories - Page 93

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Financial Services stories

Snowflake debuts Cortex AI to unify data for financial services
Data Analytics

Snowflake debuts Cortex AI to unify data for financial services

Snowflake unveils Cortex AI for Financial Services to unify data ecosystems, enabling secure AI model deployment and integration with top industry platforms.

By Melvin Hipolito • 5 min read • Fri, 3rd Oct 2025
Elemental Concept names Chris Mitchell to lead APAC expansion
Digital Transformation

Elemental Concept names Chris Mitchell to lead APAC expansion

Elemental Concept has appointed Chris Mitchell as Managing Director APAC to drive its expansion and digital transformation services across the Asia-Pacific region.

By Jed Nykolle Harme • 2 min read • Fri, 3rd Oct 2025
Financial services strong in prevention but slow on threat fixes
DevOps

Financial services strong in prevention but slow on threat fixes

Financial services excel at preventing cyber vulnerabilities but take a median 61 days to fix issues, risking systemic exposure despite strong security programs.

By Shannon Williams • 4 min read • Thu, 2nd Oct 2025
UK & Ireland consumers embrace AI assistants, trust grows with use
Customer Experience

UK & Ireland consumers embrace AI assistants, trust grows with use

Nearly three-quarters of UK and Ireland consumers now trust AI assistants, with 79% confident chatbots provide reliable help, says IBM study.

By Shannon Williams • 4 min read • Thu, 2nd Oct 2025
Chainlink & major banks unite to cut $58 billion costs in global corporate actions
Digital Transformation

Chainlink & major banks unite to cut $58 billion costs in global corporate actions

Chainlink and 24 major banks collaborate to reduce $58 billion global corporate actions costs, using AI and blockchain for real-time data sharing and automation.

By Catherine Knowles • 5 min read • Thu, 2nd Oct 2025
Mature AI adopters see higher ROI as firms invest USD $5.4m yearly
Digital Transformation

Mature AI adopters see higher ROI as firms invest USD $5.4m yearly

Enterprises investing USD $5.4m yearly in AI see higher ROI when mature adopters focus on secure, well-governed information management.

By Jed Nykolle Harme • 3 min read • Thu, 2nd Oct 2025
Testlio partners with Bugcrowd & InnoWave on global QA hub
DevOps

Testlio partners with Bugcrowd & InnoWave on global QA hub

Testlio, Bugcrowd and InnoWave launch Testlio Apex Partner Programme, uniting global experts to enhance software quality assurance in fintech and tech sectors.

By Catherine Knowles • 4 min read • Wed, 1st Oct 2025
UiPath unveils new AI automation suite to boost enterprise ROI
DevOps

UiPath unveils new AI automation suite to boost enterprise ROI

UiPath launches new AI automation suite with pre-built solutions and orchestration tools to boost enterprise efficiency and ROI in AI transformation.

By Melania Watson • 5 min read • Wed, 1st Oct 2025
Thomas Sullivan named Managing Director of DTCC Digital Assets
Fintech

Thomas Sullivan named Managing Director of DTCC Digital Assets

Thomas Sullivan has been appointed Managing Director of DTCC Digital Assets to lead strategic growth and innovation in digital finance and blockchain integration.

By Jed Nykolle Harme • 3 min read • Wed, 1st Oct 2025
Opal drives record AI adoption in marketing, boosts workflow scale
Data Analytics

Opal drives record AI adoption in marketing, boosts workflow scale

Optimizely's AI platform Opal hits record use, enabling 10,000 daily marketing actions across 50+ countries, boosting campaign speed and personalisation globally.

By Jed Nykolle Harme • 4 min read • Wed, 1st Oct 2025

Stories from Other Regions

Financial Services stories

Exclusive: Allianz Australia embraces AI, aligning to regulatory standards
Private Cloud

Exclusive: Allianz Australia embraces AI, aligning to regulatory standards

Allianz Insurance Australia is advancing AI use cautiously, balancing innovation with regulation, data quality, and trust to reshape its claims processes.

By Sean Mitchell • 3 min read • Fri, 3rd Oct 2025
UK banks invest big in AI but struggle to see business returns
Digital Transformation

UK banks invest big in AI but struggle to see business returns

UK banks lead in AI adoption with GBP £1.8bn planned investment, but 63% have yet to see significant business gains from these technologies.

By Shannon Williams • 3 min read • Thu, 2nd Oct 2025
AI set to widen gender skills gap in UK's GBP £1 trillion tech
Agricultural Technology

AI set to widen gender skills gap in UK's GBP £1 trillion tech

AI adoption is forecast to widen the gender skills gap in the UK's GBP £1 trillion tech sector, raising concerns over equality in emerging industries.

By Shannon Williams • 4 min read • Thu, 2nd Oct 2025
NSW tech sector to add 562,000 jobs, reach AUD $54bn by 2035
Data Analytics

NSW tech sector to add 562,000 jobs, reach AUD $54bn by 2035

NSW's tech sector aims to add over 562,000 jobs by 2035, boosting its economic contribution to AUD $54bn, driven by growth in AI, fintech and cybersecurity.

By Melania Watson • 4 min read • Thu, 2nd Oct 2025
US banks struggle with payments modernisation amid rising outages
Fintech

US banks struggle with payments modernisation amid rising outages

Two-thirds of US banks face rising payment system outages amid struggles with modernisation, delayed projects, and a growing expertise gap, says RedCompass Labs.

By Shannon Williams • 4 min read • Wed, 1st Oct 2025
Hua Nan boosts trading system speed by 35% with Azul switch
Microservices

Hua Nan boosts trading system speed by 35% with Azul switch

Taiwan's Hua Nan Securities boosted trading system speed by 35% and cut costs 30% after switching to Azul Platform Prime, resolving major performance issues.

By Melvin Hipolito • 3 min read • Wed, 1st Oct 2025
Digital ID promise for UK weighed against risks to inclusion & innovation
Risk & Compliance

Digital ID promise for UK weighed against risks to inclusion & innovation

The UK's new digital ID scheme aims to cut fraud by GBP £1.6bn yearly but faces concerns over inclusion, innovation, and effective implementation from experts.

By Kaleah Salmon • 5 min read • Tue, 30th Sep 2025
Australian mobile banking apps see high use but modest satisfaction
Customer Experience

Australian mobile banking apps see high use but modest satisfaction

Despite 69% of Australians regularly using mobile banking apps, satisfaction remains modest with a 66.0 CX Index score, says Forrester's 2025 report.

By Sean Mitchell • 3 min read • Tue, 30th Sep 2025