Beyond point solutions: Building a cohesive fintech ecosystem through vendor optimization
In the financial services industry, competition has never been steeper. As fintechs and neobanks accelerate the pace of innovation and digital banking demand soars, financial institutions (FIs) can't afford to postpone digital transformation initiatives. However, despite the widespread recognition of its importance, many FIs find themselves stuck in the initial phases of their digital transformation journeys. Research shows that a staggering 70 percent of FIs are unable to move beyond the planning stages of migration.
One of the primary reasons for this sluggish progress is the burden of tech debt and fragmented processes. Over the years, FIs have accumulated a complex web of systems and applications that hinder seamless operations and impede transformation efforts. The proliferation of disparate systems and applications across departments has left most organizations with a hybrid operating environment full of systems that don’t integrate well -- if at all. On average, a typical FI manages more than 200 applications, resulting in a fragmented infrastructure that consumes a significant portion of the IT budget -- 90 percent dedicated to maintenance alone.
Proton VPN brings privacy-focused streaming to Apple TV
Proton VPN has rolled out its Apple TV app, responding to what it claims has been a high demand from its user community. The app, available to those with a paid Proton VPN subscription, allows users to access streaming content while using Proton VPN’s privacy features on their Apple TV.
With access to over 8,500 servers across 112 countries, Proton VPN aims to open up streaming options, making it possible to watch content from platforms like Netflix, Amazon Prime Video, and Disney+ on Apple TV. The app’s setup is straightforward: users download it from the App Store, visit protonvpn.com/appletv to log in, and enter a code displayed on the Apple TV. Users can then select a country or choose the “Fastest country” option to connect to the most optimal server available.
Enterprises increase use of Apple products driven by security and user preference
A new report from Apple endpoint management specialist Kandji shows that 73 percent of organizations report that their number of Apple products has increased over the last year, driven primarily by employee preference (76 percent), security (50 percent), and reliability (43 percent).
Commissioned by Kandji and conducted by Dimensional Research, the global survey gathered insights from more than 300 IT professionals with responsibility for the management and delivery of Apple products to employees at a company with more than 1,000 employees and more than 500 end-user devices.
Apple's new MacBook Pro with M4 chips brings more power and AI smarts
Apple has introduced its latest MacBook Pro lineup, featuring new M4, M4 Pro, and M4 Max chips that aim to boost performance while bringing a fresh focus on AI through “Apple Intelligence.” The new 14-inch and 16-inch models now feature Thunderbolt 5 on Pro and Max models, a 12MP Center Stage camera, and an optional nano-texture display for glare reduction.
Starting at $1,599 for the 14-inch M4 model, the MacBook Pro’s new entry-level device includes 16GB of memory and three Thunderbolt 4 ports. The more powerful M4 Pro and M4 Max models, starting at $1,999 and $2,499, come equipped with Thunderbolt 5, which is claimed to offer faster transfer speeds for users who need high-speed connectivity.
70 percent of DevSecOps professionals can't identify AI source code origins
Almost 70 percent of DevSecOps professionals can't detect AI source code origins, creating massive security risks, according to a new report.
The study from JFrog finds the majority of software developers and cybersecurity teams are lacking well-defined AI and Machine Learning (ML) source code usage visibility, provenance, and governance, leaving many organizations at risk.
Lexar launches Professional Go Portable SSD with Hub for mobile video creators
Lexar has introduced its Professional Go Portable SSD with Hub, a compact storage solution designed for mobile video recording. Following a Kickstarter campaign that raised $1 million in pledges, Lexar’s new SSD aims to support creators with portable, high-speed storage optimized for on-the-go Apple ProRes 4K video capture.
The Go Portable SSD is available in sizes up to 2TB and offers read speeds of 1050MB/s and write speeds of 1000MB/s via USB 3.2 Gen 2, delivering reliable performance for 4K recording and rapid backups. With an IP65 rating, it is resistant to dust and water and is drop-tested to handle up to a one-meter fall, making it well-suited for outdoor and mobile shoots.
Automated bot attacks surge ahead of US election
Automated bot attacks targeting social media platforms have surged in the lead-up to the US presidential election, with the sector accounting for 28 percent of all attacks in Q3, up from just three percent in Q1.
The latest identity fraud report from AU10TIX shows an increasing industrialization of identity fraud, with bad actors launching automated mega-attacks using thousands of false identities targeting payments, crypto and social media companies all over the world.
Identity system modernization held back by 'technical debt'
Modernizing identity systems is proving difficult for organizations due to two key challenges, decades of accumulated identity and access management (IAM) technical debt and the complexity of managing access across multiple identity providers (IDPs).
A new report from Strata Identity and the Cloud Security Alliance (CSA) finds incompatibility with non-standard, legacy applications is a barrier to deploying advanced application authentication for 71 percent of respondents, further highlighting the issue of technical debt with 54 percent of respondents citing it as their top hurdle when modernizing their IAM architecture.
ViewSonic launches ColorPro VP2776T-4K with Thunderbolt 4 docking and Pantone validation
ViewSonic has released its first Thunderbolt 4 docking monitor, the ColorPro VP2776T-4K, a 27-inch 4K display aimed at professionals in need of reliable color accuracy and a streamlined workstation. This model combines a high-resolution 4K Ultra HD screen with an integrated Thunderbolt 4 docking station, offering convenience with 100W power delivery, fast data transfer, and multiple connectivity options.
The ColorPro VP2776T-4K is Pantone Validated, supporting 100 percent of the sRGB color gamut and 98 percent of DCI-P3, a setup designed to deliver dependable color accuracy. Professionals working in design, photography, or other color-critical fields may appreciate the monitor’s HDR400 certification, which aims to deliver enhanced contrast and depth.
Unnecessary replacement of hardware leads to higher costs and growing waste problem
More than three quarters (77 percent) of IT decision makers say that their organization has a fixed time frame for replacing hardware. 14 percent replace every year, 30 percent every two years and 33 percent every three years.
A survey of 400 US and UK decision makers from Scalable Software suggests this leads to unnecessary upgrades and increased costs and can also have a negative environmental impact.
How AI is set to democratize information [Q&A]
One of the features of AI is its ability to process large volumes of data to identify patterns and make information more accessible.
We spoke to Igor Jablokov, CEO and founder of Pryon, about how enterprises can take advantage of this ability and make better use of their data.
Fedora Linux 41 is here: Ditch Windows 11 for a fresh open-source experience
If you’re tired of Windows 11’s limitations and crave a more open, customizable environment, Fedora Linux 41 might be the answer. This latest release of Fedora Linux arrives early, with new features that cater to both power users and those looking to get more out of their computers. With a strong foundation in open-source technology and support from an active community, Fedora Linux 41 combines stability, versatility, and the latest desktop environments. It’s a solid choice for anyone considering a switch from Windows.
Fedora Linux 41 provides a polished experience with updates across GNOME and KDE, enhancing desktop options. GNOME 47 now comes with Fedora Workstation, introducing a new default terminal, Ptyxis, that offers a lightweight option for command-line tasks. KDE Plasma users will appreciate the latest Plasma 6.2, offering seamless improvements, including built-in drawing tablet configuration, better HDR support for multimedia, and accessibility options like Sticky Keys and color-blindness filters. Fedora’s attention to detail here makes both GNOME and KDE feel snappy and modern, unlike the sometimes cumbersome experience of Windows.
Apple launches new compact Mac mini with M4 and M4 Pro chips
Apple has rolled out an updated Mac mini, now powered by its latest M4 and M4 Pro chips and featuring a smaller 5-by-5-inch design. With up to 1.8 times the CPU performance and 2.2 times the GPU power of the original M1 model, the new Mac Mini seems to be packing more muscle into a smaller space. The M4 Pro model promises even more processing power for users with demanding workloads, offering up to 14 CPU cores and 20 GPU cores.
One key addition is the enhanced connectivity, especially the inclusion of front-facing ports, which many users have been waiting for. Apple has added two USB-C ports at the front for quick and easy access, along with a high-impedance audio jack. Around back, the M4 model includes three Thunderbolt 4 ports, while the M4 Pro gets an upgrade to Thunderbolt 5, designed to deliver faster data transfer speeds.
New solution for safe enterprise AI deployment
GenAI is set to drive significant productivity gains, leading to massive economic growth, but enterprises face the challenge of deploying GenAI systems at scale and safely connecting to data systems while ensuring proper controls and governance.
To address this Securiti is releasing Gencore AI, a first of its kind holistic solution to easily and quickly build safe, enterprise-grade GenAI systems, copilots and AI agents.
Data governance needs to be made ready for AI
Improving data quality (42 percent), security (40 percent), and analytics (40 percent) remain top data governance drivers, but in 2024 ensuring data readiness and quality for AI (34 percent) has made the list as the fourth most cited driver of data governance programs.
A report from Quest Software and ESG (Enterprise Strategy Group) also shows organizations report evolving data and governance to an AI-ready state (33 percent) as a top three bottleneck impacting the data value chain, behind understanding the quality of source data (38 percent) and tied with finding, identifying and harvesting data assets (33 percent).
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