Displaying items by tag: Financial services

In Australia and New Zealand, 52% of organisations have experienced one to four security breaches in the last 12 months and 18% have experienced five or more breaches in that time, according to the 2022 cyber skills gap report from security firm Fortinet.

Aussies feel trapped by the digital economy with a new online survey finding that the majority of consumers feel they have to share personal data if they want to use digital services - but they don’t trust these organisations to protect that data.

Deloitte will further expand its place as a provider of ServiceNow technology and enterprise process automation, in particular within healthcare, with a team from Brisbane-based Entrago to join the professional services firm.

GUEST OPINION: Most organisations are focused on immediate priorities, and have a short planning horizon for cyber. Cyber doesn’t seem as immediate as the need to meet targets, respond to Freedom Of Information, or complete reporting cycles. Anything that disrupts core business is seen as too high a price to pay.

Global IT and business consulting services firms CGI has announced that its subsidiary, CGI Technology and Solutions Australia Pty Limited, have signed an agreement to acquire Unico, a technology consultancy and systems integrator based in Melbourne.

Digital identity verification specialist OCR Labs has launched its self-service verification of identity SaaS product.

Financial services organisations are exposed to more sources of cyber threats than ever before. Improving the ability to manage cyber risks will be an extremely high priority for them over the next couple of years.

FS-ISAC, the global cyber intelligence sharing community solely focused on financial services, says that large scale threats resulted in record-breaking peaks of intelligence sharing by financial firms across all regions from August 2020 to August 2021, including the Asia Pacific region, North America; Latin America; Europe, UK, Middle East and Africa.

COMPANY NEWS: Snowflake, the data cloud company, today announced the Financial Services Data Cloud, which unites Snowflake’s industry-tailored platform governance capabilities, Snowflake- and partner-delivered solutions, and industry-critical datasets, to help financial services organisations revolutionise how they use data to drive business growth and deliver better customer experiences.

Data cloud company Snowflake has successfully completed an assessment by KPMG on the 14 Key Cloud Controls that are part of the EDM Council's Cloud Data Management Capabilities (CDMC) framework.

Industry superannuation fund HESTA is collaborating with social enterprise Girls of Impact in a move aimed at encouraging more young women to consider a career in financial services.

GUEST OPINION by Helen Langton, CEO APAC and Middle East, International Compliance Association:  What challenges and opportunities does artificial intelligence (AI) present and how can risk and compliance practitioners best respond to these?

eftpos has announced seasoned digital executive Mark Britt has joined the eftpos team as CEO of Beem It to take it next-level with plans for a new national rewards platform for Australian consumers, while also providing evidence a Parliamentary inquiry today into Mobile payment and digital wallet financial services.

GUEST OPINION by Daniel Harding, MaxContact’s Director – Australia Operations: Webchat, SMS and email can enable you to deliver better customer service but only if you invest time and resources to implement them smartly.

COMPANY NEWS: Hazelcast, the real-time intelligent applications platform, announces the new Hazelcast Platform, enterprise software capable of serving as a single platform for transactional, operational and analytical workloads. The Hazelcast Platform combines the capabilities of a real-time stream processing engine with in-memory computing to deliver a simplified architecture that is highly performant, scalable and reliable.

Australia's managers consistently overrate both their own — and their organisation's — efficacy at engaging and recognising the value of employees, according to a new study commissioned by Achievers, the progressive choice for employee voice and recognition solutions that accelerate a culture of performance.

Research commissioned by Appian shows automation is helping more than half of financial services organisations to build apps quicker than competitors.

Research commissioned by Appian shows automation is helping more than half of financial services organisations to build apps quicker than competitors.

Australian mainframe users face a lengthy journey to the cloud, according to Accenture, but it seems that just dipping a toe into the water can be counterproductive.

GUEST OPINION by George Tsoukas, Gigamon ANZ: While the financial services industry is no stranger to unexpected events and their repercussions, the current global upheaval is creating unprecedented uncertainty. Faced with this, how should financial services organisations respond?