In a transformative move for digital banking in Europe, Italian asset manager Azimut has unveiled plans to create a new digital wealth management bank called TNB, in collaboration with private equity fund FSI. This initiative involves acquiring and transforming an existing bank into TNB, with Azimut partially demerging its Italian distribution activities and assets to this new entity. The strategic
In today’s cloud-first world, Application Programming Interfaces (APIs) have become fundamental in connecting diverse applications and systems, fostering seamless integration. Their pivotal role in enabling data exchange among platforms has also inherently exposed them as potential security threats. As organizations rapidly transition to cloud-centric architectures, they simultaneously expand their digital landscapes, creating new vulnerabilities. Alarmingly, an estimated 60% of organizations
In 2025, cybersecurity experts are alarmed by a newly detected strain of info stealer called the Chihuahua Stealer. This malware uses advanced techniques that put browser data and cryptocurrency wallet extensions at risk. First flagged by a Reddit user in April of this year, it has since been subjected to detailed analysis, revealing a multitude of sophisticated methods aimed at
The landscape of cybersecurity remains a relentless battleground where vulnerabilities arise unexpectedly, raising questions about preparedness for looming threats. Recent developments have exposed critical weaknesses in technological frameworks, underscoring the urgent need for vigilant security measures. A prominent example lies in the discovery of vulnerabilities within Versa Networks’ SD-WAN/SASE platform. These flaws, identified by researchers from ProjectDiscovery, bring attention to
In the dynamic world of digital communication, Apache ActiveMQ stands out as a prominent open-source message broker trusted for real-time messaging needs. But recent revelations have opened a significant vulnerability identified as CVE-2025-27533 in this widely deployed software. This vulnerability arises from improper memory allocation during the processing of OpenWire commands, creating a Denial of Service condition. Essentially, attackers can
As 2025 unfolds, the landscape of global cybersecurity threats continues to evolve, presenting increasingly complex challenges to nations and organizations alike. This period has witnessed intensified cyber activities, primarily led by Russian-aligned advanced persistent threat (APT) groups targeting various sectors across Europe. Advanced threat actors are adopting novel tactics and refining old ones, operating with a stark increase in frequency
In a strategic move to enhance its standing in the global financial sector, Abu Dhabi has recently joined forces with Alpheya, a leading wealthtech platform. This partnership marks a significant milestone as it aims to solidify Abu Dhabi’s position as a key player in wealth management, backed by state-of-the-art technology and high-impact investments. By aligning with Alpheya, the Abu Dhabi
In the ever-evolving landscape of global finance, currency risk presents a significant challenge for investors seeking robust portfolio returns. As economic policies shift and global market volatility intensifies, managing currency risk becomes not just beneficial but essential. The impact of fluctuating currencies can be particularly pronounced for portfolios with substantial foreign asset exposure. Asset owners are increasingly compelled to understand
The wealth management sector has recently witnessed significant leadership transitions, reflecting a strategic realignment within key firms aiming to enhance their competitive edge and drive long-term growth. Imperium Group and Rockwood Asset Management, two prominent players in the industry, have embraced these changes to bolster their strategic frameworks and operational capabilities. This shift highlights a growing trend where seasoned leadership
In urban areas across the globe, phone theft continues to be a pressing issue, with startling statistics underscoring the rampant incidents of phones being snatched on the streets. With law enforcement often stretched too thin to deal effectively with this pervasive problem, technology companies have begun stepping up their efforts to mitigate the losses and reduce the appeal of stolen
In the fast-paced realm of IT technology, Datadog has made significant strides to expand its platform through acquisitions, broadening its already formidable capabilities in IT monitoring. These recent acquisitions, including feature flagging startup Eppo and AI observability vendor Metaplane, signify a strategic move to integrate diverse functionalities and provide enhanced solutions to complex issues such as cloud infrastructure monitoring and
A recent report by PIMFA, KPMG, and UK Finance delves into strategies aimed at catalyzing growth and innovation within the UK’s private banking and wealth management sector. The sector, which includes about 5,000 firms managing £1.6 trillion in assets, plays a vital role in the UK economy, generating £8 billion in annual tax revenue. Despite the ongoing trend of consolidation
