Investment stories - Page 27

Surge in crypto scams and investment frauds in Australia, particularly dating scams, raises concerns as ASIC reports doubling of financial scams in 2021.

Investment firm Millennium Corp uses AI-driven cloud platform Sisense to leverage data and improve business performance.

The Australian Government has announced an investment of $9.9 billion to increase the country's intelligence and cybersecurity capabilities.

The Queensland government has appointed a new Chief Customer and Digital Officer to drive the state's digital economy and improve citizen-centric services.

Macquarie Government has appointed former CEO of Fujitsu Australia and New Zealand, Mike Foster, as Director of Strategic Growth.

Raiz Invest partners with Pokitpal to offer MasterCard, Visa, and Eftpos Card services, expanding opportunities for customers to save and invest.

Financial crime platform Silent Eight has raised $40m in Series B round funding, which will be used to cater to the needs of its expanding customer base.

Companies are investing in Threat Intelligence Platforms (TIPs) to enhance cybersecurity and manage the deluge of data from disparate sources.

Due to a pandemic-induced surge in new digital consumers and behaviours, Asia Pacific businesses are set to outstrip other regions in CX investment in 2022.

Main Capital Partners has acquired a majority stake in InnoValor, the creator of ReadID - a global, mobile identity verification software provider using NFC.

Privacy is mission-critical, with 91% of businesses in Asia Pacific considering privacy a business imperative.

Australian businesses are increasing their cyber security budgets, but still struggle to stay ahead of attackers, according to a new report by Accenture.

Personetics raises $85m from Thoma Bravo, doubling its valuation to over $160m and expanding operations in Australia.

Global Processing Services (GPS) has closed a fundraise of over $400m, with Temasek and MissionOG joining the initial investors.

Airport and airline CIOs are increasing IT budgets to support recovery from COVID-19, with digitalization and sustainability as key priorities.

Private UK fundraising in the virtual reality sector hit a record high, with over £150m raised this year, a 72% increase from 2020.

CrowdStrike launches Falcon Fund II, a $100 million investment vehicle in partnership with Accel, focused on cybersecurity and adjacent markets.

NCS will acquire a majority stake in Australian cloud transformation specialist Eighty20 Solutions to expand its market presence in Australia.

Private equity and sovereign wealth investors are playing a major role in the expansion of hyperscale data centers, says DCP research.

The company states it plan to use the Series C funding to further accelerate its sales and grow its development, support and marketing departments.