Here you will find all the articles with the tag: Financial sector.
The European Central Bank (ECB) will stress test 109 banks over the next twelve months to see if they are adequately prepared for cyber attacks. The banks' response and recovery capabilities will be prioritized, not the potential to prevent incidents. The 109 banks in question are all under the ... Read more
4 months ago
Last week the Sibos event, organized by SWIFT, was taking place in Amsterdam. What are the big topics in this world in terms of technological innovations? We spoke with Oracle's Conor Colleary about what trends he sees and therefore what Oracle is focusing on. Colleary is VP for Financial Servic... Read more
2 years ago
Providence Equity Partners has secured a bid of $1.3 billion to acquire A2Mac1 amidst a tough European financial market. Providence Equity Partners is to acquire French automotive data firm A2Mac1 after outbidding rival bids at $1.36 billion. The owner of A2Mac1, Five Arrows Principal Investmen... Read more
2 years ago
Google Cloud developed a new SWIFT reference architecture for financial institutions. The architecture helps implement SWIFT technology in public could environments. As a result, financial sectors are more effectively able to work with Google Cloud. Google Cloud wants to position itself as an ef... Read more
2 years ago
Banks are attacked by insider traders, supply chains remain vulnerable and counter incident response is on the rise. A new report by VMware sheds light on cybersecurity in the financial sector. VMware surveyed more than 100 security decision-makers in financial institutions worldwide. Roughly ha... Read more
2 years ago
Pennylane, a French fintech, has raised €50 million to quickly expand their financial OS. It is meant for European accounting firms and SMBs. The Parisian fintech, Pennylane, might be only two years old but has grown significantly. To further accelerate their growth, they have received over â‚... Read more
2 years ago
The future is believed to be artificial intelligence by a majority of tech leaders around the world. We are in an era where technological advancements occur every day, and many people believe that robots might take over the world. Well, that may not be the case, but, indeed, artificial intellige... Read more
2 years ago
Appian has released its Automation Maturity Index. This tool allows companies in the financial sector to investigate how their use of automation compares to other large companies. The tool is based on a survey that Appian conducted in conjunction with Longitude, a Financial Times company. 500 C-... Read more
3 years ago
SAP has announced that it is starting a new business unit aimed at customers in the financial industry. To set this up, the company will receive an investment of over 500 million euros from Dediq. The efforts should lead to a joint venture with an independent management team. The whole thing sho... Read more
3 years ago
Financial companies are making themselves vulnerable to constant cyberattacks due to lack of the right security controls, new research has shown. Research carried out by Netwrix found that such financial companies tend to rely on unsatisfactory cybersecurity controls, making them highly suscepti... Read more
4 years ago
