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Cohesity Bolsters Cyber Resilience with GenAI Capabilities

Cohesity, a leader in AI-powered data security and management, has extended its first-mover advantage in GenAI detection and recovery capabilities with the addition of significant new enhancements to the Cohesity Data Cloud. These improvements allow customers to use Cohesity’s built-in AI capabilities to rapidly detect, investigate, and address potential threats within their environment, enabling them to restore operations far more quickly.

Wednesday, August 7, 2024 - 13:48
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Financial IT
CIBC to Hire More Than 200 Data and AI Roles to Further Momentum in Delivering for Clients

CIBC today announced plans to hire more than 200 data and AI roles over the next 12 months as it continues to leverage AI capabilities to further execute on the bank's client-focused strategy.

Wednesday, August 7, 2024 - 13:28
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Financial IT
WorldFirst Partners With Walmart for Secure Online Fund Collection

WorldFirst, a one-stop digital payment and financial services platform for global businesses, particularly SMEs in international trade, has worked with Walmart to enable China-based e-commerce sellers to securely collect funds from Walmart Marketplace, accelerating global growth opportunities.

Wednesday, August 7, 2024 - 13:10
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/news/security-and-compliance/worldfirst-partners-walmart-secure-online-fund-collection
Financial IT
Mox Breaks New Ground as First Virtual Bank in Hong Kong to Open Crypto Investing for Customers

Mox Bank Limited today is making it easier for Mox Invest customers to expand their portfolios with exchange-traded cryptocurrency funds directly on Mox Invest. The service offers a convenient way to gain exposure to the crypto market through a regulated and familiar investment platform without the complexities of managing a personal crypto wallet, making Mox the first virtual bank in Hong Kong to offer crypto-related investment products.

Wednesday, August 7, 2024 - 12:47
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/news/banking/mox-breaks-new-ground-first-virtual-bank-hong-kong-open-crypto-investing-customers
Financial IT
Visa Data Shows Spending at the 2024 Olympic Games is Boosting the French Economy

The biggest share of overseas spend comes from U.S. Visa cardholders, with most significant increases in year-on-year spending from Japan and Brazil.

SAN FRANCISCO Visa, the Official Payment Technology Partner of the Olympic and Paralympic Games, today shared new data revealing initial consumer spending patterns during the kickoff of the 2024 Paris Games.

Paris 2024 Spend by the Numbers

Wednesday, August 7, 2024 - 12:32
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/news/payments/visa-data-shows-spending-2024-olympic-games-boosting-french-economy
Financial IT
Orenda Partners with Tribe for Issuer Processing

Tribe Payments, the pioneering digital payments and infrastructure orchestrator which specialises in issuer and acquirer processing, has been selected by embedded financial services platform, 

Wednesday, August 7, 2024 - 11:43
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/news/payments/orenda-partners-tribe-issuer-processing
Financial IT
dLocal and iTransfer Team Up to Advance Cross-Border Money Transfers in Key Emerging Markets
dLocal, the leading cross-border payment platform specializing in high-growth markets, today announced its strategic partnership with iTransfer, a prominent cross-border payments company with a significant presence in EMEA, Latin America, and APAC. 
 
Wednesday, August 7, 2024 - 11:07
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/news/payments/dlocal-and-itransfer-team-advance-cross-border-money-transfers-key-emerging-markets
Financial IT
Flexys Partners with Moneyhub to Bring Open Banking Benefits to the Collections Industry

Flexys, a leading UK-based supplier of collections management technology, has announced a strategic partnership with Moneyhub, a data and payments fintech specialising in Open Banking, Open Finance, and Open Data solutions. This collaboration aims to revolutionise the collections industry by integrating Open Banking capabilities into Flexys's cloud-based software.

Wednesday, August 7, 2024 - 10:58
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/news/payments/flexys-partners-moneyhub-bring-open-banking-benefits-collections-industry
Financial IT
Responsible Lender Creditspring Provided 82% Increase in Financial Support to Borrowers During H1 2024 as Household Finances Continue to Suffer

Responsible lender, Creditspring, provided borrowers with over £95 million in affordable credit during the first six months of 2024, up 82% from £52.4 million in H1 2023.

Despite inflation easing, demand for affordable, short-term credit options remains high. During H1 2024, Creditspring received over seven million applications from borrowers who are locked out of mainstream credit options. 

Wednesday, August 7, 2024 - 10:51
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/news/lending/responsible-lender-creditspring-provided-82-increase-financial-support-borrowers-during
Financial IT
Almost Half (46%) of UK Business Leaders Trust Digital-Only Banks as Much as Traditional Banks
Online-only or ‘faceless’ banks are becoming a more familiar part of the UK banking landscape, with increasing numbers of businesses managing their finances through digital-only providers like Starling or Monzo.
 
Wednesday, August 7, 2024 - 10:43
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/news/digital-banking/almost-half-46-uk-business-leaders-trust-digital-only-banks-much-traditional
Financial IT

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