Financial institutions
Urban Company's initial public offering has broken all records, with investors clamoring to get a piece of the action. The company, which operates as an online full-stack home and beauty services platform, received bids for 1,106.5 crore shares, far exceeding the 10.67 crore shares on
Financial services
A leading global financial institution has selected Gauzy as its exclusive smart glass supplier for current and future projects, solidifying the Company's position in high-value institutional environments. Gauzy's smart glass has already been installed in multiple locations across the United States, including Texas, Florida, and Pennsylvania,
Financial services
Corero Network Security, a recognized leader in DDoS protection, has announced a multi-year agreement with a leading European financial institution to enhance the resilience and availability of critical digital services. This strategic win highlights the strength of Corero's technology and its alliance with Akamai Technologies, enabling integrated protection
Financial services
Bravura Solutions Limited, a leading Australian-based global technology provider for the financial services industry, has reported strong growth of its Midwinter digital advice platform. The company's technology is used by major global financial institutions to process and hold trillions of dollars in assets. The growth is attributed to
Financial services
The Financial Autonomy Ladder is a six-level framework designed to measure financial institution evolution from manual workflows to fully autonomous decision-making systems, akin to the SAE autonomy standard in the automotive industry. The framework seeks to address the lack of standardized terminology for measuring AI and automation capabilities in financial
Financial services
The Nigeria Data Protection Commission (NDPC) has initiated a probe into banks, insurance companies, pension companies, gaming companies, and insurance brokers that allegedly flout the Nigeria Data Protection Act (NDP Act), 2023. The organizations under investigation have been required to provide evidence of compliance with the Act within 21 days.
Financial services
The question of women's empowerment in society is deeply tied to their participation in the formal financial sector. In Bangladesh, the growth of women's involvement in banking and credit facilities is a significant indicator of their increasing financial independence. According to data from the Bangladesh Bank,
Fraud
Quavo, a disputes technology partner and advisor for financial institutions, will unveil enhanced AI capabilities for its flagship dispute management platform, QFD, live at FinovateFall in New York City. The company has reported that these advancements continue to refine and elevate the way financial institutions resolve disputes. Quavo's
Financial services
Axi, a leading provider of global financial services, has been recognized for its outstanding performance and commitment to excellence at the 2025 Global Business and Finance Magazine Awards. The company received awards for Best Financial Institution 2025 in the UK, LATAM, and Middle East regions, solidifying its position as a
Fraud
Mastercard and Alloy have announced a new partnership to launch an enhanced customer onboarding solution for financial institutions and fintechs. The Mastercard Alloy joint onboarding solution leverages identity verification and open finance to streamline the customer onboarding process while combating financial fraud. According to recent statistics, fraud rates continue to
Financial services
The Financial Sector Job Fair 2025, held at the Dongdaemun Design Plaza in Seoul, brought together 80 organizations, including 76 financial institutions, fintech, and IT firms, to provide job seekers with firsthand experience of corporate culture and job opportunities. Lee Jin-young, a graduate of Sungkyunkwan University, is one of the
Financial services
Financial inclusion remains a cornerstone of sustainable growth and development, yet millions in Nigeria remain financially excluded, particularly in rural and underserved communities. Cryptocurrencies, with their decentralized and accessible nature, offer a transformative potential in bridging this gap by reducing barriers to access, transaction costs, and fostering innovation. However, their
