What are the FinTech innovations CISOs need to be aware of?
The financial landscape is undergoing a transformation, driven by innovative FinTech startups. From artificial intelligence (AI)-driven personalization to the rise of super apps, these startups are at the fore front of revolution how we interact with money, the security measures around it. Kiran Raj, Practice Head of Disruptive Tech at GlobalData, said: “As the banking […]
Banking and investment sector IT spending to hit $652bn this year
Worldwide banking and investment services IT spending is forecast to total $652.1 billion in 2023, an increase of 8.1% from 2022, with software experiencing the largest growth with an increase of 13.5%. “Current economic headwinds have changed the context for technology investments in banking and investment services this year,” said Debbie Buckland, Director Analyst at […]
Nuance trumpets $1bn fraud savings
Nuance says it saved saved organisations more than $1 billion in total fraud costs in 2018 using AI-powered biometrics technology. Fraud in enterprise contact centres has always been a challenge to manage, but with the explosion of digital channels, organisations today are faced with securing an increasingly complex ecosystem. At the same time, fraudsters are getting more sophisticated, […]
