Banking stories - Page 20

Newgen Software has been named a Niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth consecutive year.

A study by Veracode reveals that 76% of financial applications have unresolved security flaws, posing significant risks to organisations and their customers.

Newgen Software has been acknowledged by Gartner in the 2024 Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.

Forrester's 2025 Predictions report reveals banks and insurers face significant transformations in customer experience and tech investments amid evolving trends.

Tata Consultancy Services has partnered with NVIDIA to launch a new business unit focused on boosting AI adoption across multiple industries.

Transmit Security has been named a leader in account takeover fraud prevention, as the market for these solutions is set to grow significantly by 2028.

Research suggests nearly half of Asia Pacific firms plan to boost AI investments by over 20% in the next year, despite a skills gap hindering progress.

New Zealand's banking sector is set to launch a Confirmation of Payee feature to combat payment scams and errors starting November 2024.

New Zealand's challenger bank Emerge has raised USD $12 million in Series A funding to enhance its digital banking services for local businesses.

Generative AI is revolutionising banking in Australia and New Zealand, with 79% of banks progressing beyond initial adoption stages to enhance operations.

Trend Micro's 2024 Cyber Risk Report highlights America as the top-risk nation, citing vulnerabilities in banking and critical infrastructure sectors.

Workday unveils twelve new Industry Accelerators, partnering globally to help customers modernise HR and finance across various sectors.

Climate X's report reveals that most major banks are ill-prepared for climate risks, with only 7 of 50 meeting over half the criteria.

Kore.ai unveils GALE, a groundbreaking Generative AI and LLM platform designed to revolutionise enterprise productivity and innovation through rapid AI application development.

Commercial revenue from quantum technology is set to soar from USD $2.7 billion in 2024 to USD $9.4 billion by 2030, a new study reveals.

A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.

AI is reshaping software development, with 75% of firms reporting up to 50% faster project completion. OutSystems and KPMG reveal ongoing challenges but foresee a bright future.

Aryza Group has acquired Axcess Consulting in a strategic move to enhance its APAC presence and extend its loan management software solutions globally.

GTreasury partners with Necto to expand API connectivity in APAC, enhancing its ClearConnect Gateway with seamless data integration from additional regional banks.

Celonis launches its Platform Apps Program, introducing domain-specific applications developed with partners to enhance banking, manufacturing, and more.