SecurityBrief Asia - Technology news for CISOs & cybersecurity decision-makers

Financial services organisations stories

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InterSystems breaks down biggest data challenges of FSIs
Last month
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data analytics
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financial services organisations
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research
InterSystems has released a new study 'The Top Data and Technology Challenges in Financial Services Across Asia Pacific'.
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Joint research shows how FSIs can accelerate digital transformation.
Tue 11 Oct 2022
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digital transformation
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salesforce
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digitisation
New research from Boston Consulting Group and Salesforce has revealed the best way that FSIs can harness modern technology platforms and work practices to accelerate digital transformation.
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Why the financial services industry needs to embrace ‘relationship marketing’
Tue 11 Oct 2022
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fintech
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open source
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retail
With more fintech disruptors joining the financial sector, digitally-savvy customers have more choice than ever at their fingertips — and they’re searching for the best deals.
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Faster, more accurate legal processes: How LawHawk accelerated Laybuy’s business
Wed 31 Aug 2022
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microsoft
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legal
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financial services organisations
Thanks to a solution built largely on Microsoft 365, Laybuy’s General Counsel has automated a contract generation process underpinning the company’s business.
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What ANZ organisations can learn from Asia’s burgeoning super apps push
Mon 29 Aug 2022
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crm
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cx
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martech
It’s hard to miss the meteoric rise of super apps in the past two years, especially in Asia. Aggregating a range of products and services on a single platform, super apps have emerged as major disruptors to conventional apps.
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Visa launches Eco Benefits solutions in Australia and NZ
Thu 4 Aug 2022
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sustainable it
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pos
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commerce systems
Eco Benefits is a suite of sustainability-focused solutions that will help Visa cardholders better understand the environmental impact of their payments.
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SAS is a leader in anti-money laundering - Forrester
Mon 18 Jul 2022
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forrester research
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sas
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financial services organisations
The latest Forrester report revealed that SAS received the highest score in the anti-money laundering category of 15 vendors.
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Salesforce announces new innovations for financial services
Tue 5 Jul 2022
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martech
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ai
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chatbots
Salesforce has launched expanded financial services that offer more targeted and trusted automation to help teams unlock insights, deliver better customer service, and drive operational efficiencies.
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Overcoming hybrid and multi-cloud challenges to drive innovation
Wed 29 Jun 2022
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bi
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big data
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data analytics
Driven by improvements in technology, financial services companies have advanced both internal and external systems and processes, with the likes of digitisation, personalisation and risk management redefining the industry.
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Nutanix study reveals financial services sector lagging with multicloud adoption
Fri 20 May 2022
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cloud
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converged infrastructure
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multi-cloud
Nutanix has released new research that reveals the financial services sector is lagging behind when it comes to multicloud adoption.
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New precedent for cybersecurity after legal judgement of RI Advice
Fri 6 May 2022
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cybersecurity
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australian
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financial services organisations
In an Australian first, the Federal Court has found that RI Advice failed to adequately manage cybersecurity risks.
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FiVerity, Fortanix and Intel launch fraud prevention initiative
Thu 21 Apr 2022
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data protection
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breach prevention
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intel
“Confidential Computing is an initiative that requires leaders across the hardware and software industries in order to be successful."
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InterSystems releases suite of financial services solutions
Tue 29 Mar 2022
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cloud
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fintech
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data management
InterSystems has announced the release of a suite of new solutions to facilitate improvements for financial services organisations.
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Thorn Financial merges with Limelight to create new fintech
Mon 28 Mar 2022
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saas
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fintech
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cartech
Thorn Financial Services has announced a merger with Limelight Software, a vehicle dealership management software provider, to form Limelight Group.  
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InterSystems says data democratisation a missed opportunity
Tue 15 Mar 2022
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bi
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big data
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data analytics
InterSystems has found that financial services organisations are missing the opportunity to democratise data to achieve new levels of innovation.
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RPA under-utilised in APAC financial services sector
Tue 22 Feb 2022
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rpa
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apac
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financial services organisations
The report finds that there is significant disparity of robotic process automation adoption within Asia Pacific’s financial services industry.
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Businesses struggling to unify data assets for customer engagement
Tue 26 Oct 2021
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retail
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financial services organisations
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real time data
79% of retail and financial services companies struggle to harness real-time data and combine it with historical data to gain better insights.
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Microsoft Cloud for Financial Services general availability
Wed 6 Oct 2021
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microsoft
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open source
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microsoft cloud
Microsoft has announced Microsoft Cloud for Financial Services will be generally available beginning November 1, 2021. 
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Snowflake rolls out data cloud for financial services market
Fri 17 Sep 2021
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bi
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big data
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data analytics
Banking, insurance, fintech, and investment management customers, and others in the financial services industry, can now utilise Snowflake's Financial Services Data Cloud.
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Financial services organisations spend over $2.62 million on ransomware recovery
Thu 16 Sep 2021
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malware
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firewall
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ransomware
Mid-sized financial services organisations in Asia Pacific and Japan spent more than US$2.62 million on average recovering from ransomware attacks. 
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What are the top five threats to financial services orgs? Imperva investigates
Mon 23 Aug 2021
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ddos
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breach prevention
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financial services organisations
The pandemic has driven large scale growth in online banking, dramatically increasing the volume of sensitive customer data that’s available to steal, Imperva states.
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COVID-19 accelerating rapid growth of Asia Pacific regtech sector
Wed 23 Jun 2021
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compliance
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financial services organisations
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regulatory technology
Regulatory technology in the Asia Pacific is facing a difficult challenge of bridging the divide between developed and developing economies in the region.
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FSOs rank mistakes & manual processes as biggest data reconciliation challenges
Tue 15 Jun 2021
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financial services organisations
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automation
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duco
28% of financial services organisations say mistakes are their biggest data reconciliation pain points, particularly as more staff work from home.
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Traditional banks under pressure to rise to fintech competition
Tue 1 Jun 2021
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fintech
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commerce systems
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payment gateways
"There is no one-size-fits-all approach, and banks cannot create all digital subsidiaries equally. Players capable of achieving long-term growth and profitability today will be tomorrow's fintech-era success stories."
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