How Banks Can Avoid Tech Bloat to Boost Efficiency, Security, and Innovation

How Banks Can Avoid Tech Bloat to Boost Efficiency, Security, and Innovation

By Brendan Deakin, General Manager, U.S. Market, Provenir Today’s technology can be not only a vital enabler to progress and growth, but also a potential hindrance to efficiency. With the accumulation of outdated, redundant, or overly complex tech systems, larger financial institutions, including major banks, can feel the pressures of “tech bloat”. Tech bloat in…

iStorage Group Expands Global Reach with Strategic Acquisition of Kanguru Solutions, Creating a Secure Data Powerhouse

iStorage Group Expands Global Reach with Strategic Acquisition of Kanguru Solutions, Creating a Secure Data Powerhouse

iStorage Group, a leading innovator in hardware-encrypted data storage and cloud encryption solutions, proudly announces its acquisition of Kanguru Solutions, a U.S. based leader in high-security data storage drives, duplication systems, and remote management software. This acquisition represents a major milestone in iStorage’s mission to provide cutting-edge, easy-to-use, hardware-encrypted data storage solutions globally. The combination…

Money laundering in the APAC region: Digital banking scammers outsourcing the laundering process

Money laundering in the APAC region: Digital banking scammers outsourcing the laundering process

By Richard Booth, Asia Pacific vice-president at BioCatch While scam losses in Australia decreased by 18% in 2023, the total number of reported scam cases grew from 240,000 to 300,000. At BioCatch – the global leader in behavioural biometric intelligence – we’ve seen fraudsters armed with increasingly sophisticated, AI-powered toolkits continue to improve the quality…