Financial Services stories - Page 4
Pegasystems appoints Ravesh Lala to lead legacy practice
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digital transformation
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ai
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ibm
Pegasystems has appointed Ravesh Lala to lead its legacy transformation practice, leveraging over 20 years of experience in enterprise software and AI.
Semperis expands in Australia after USD $125m funding
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edutech
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uc
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ransomware
Semperis is expanding in Australia following a USD $125 million funding boost, targeting enhanced cyber resilience amid rising ransomware threats.
Nearly 10 million Brits to use BNPL schemes this Christmas
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cryptocurrency
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blockchain
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bnpl
Nearly 10 million UK consumers are projected to embrace Buy Now, Pay Later schemes this Christmas, reflecting a significant shift in shopping behaviours.
Only 17% of Australian firms have integrated AI tools
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martech
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cdp
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genai
A HubSpot study reveals just 17% of Australian businesses have adopted AI tools, despite personal use by 51% of leaders highlighting a significant gap.
OpenText launches Cloud Editions 24.4 with AI upgrades
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data analytics
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digital transformation
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martech
OpenText has launched Cloud Editions 24.4, introducing AI-driven tools to enhance enterprise workflows and multi-cloud connectivity at OpenText World 2024.
EastWest Bank partners MoEngage for digital innovation
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digital transformation
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fintech
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cx
EastWest Bank has teamed up with MoEngage to enhance its digital banking experience with tailored engagement solutions for clients across various sectors.
CommBox secures funding for AI expansion in Europe
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data protection
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encryption
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cx
CommBox has raised GBP £12.3 million from PSG Equity to boost its AI technologies and expand its operations into new markets.
Industrial Thought launches new subsidiary Raw Knowledge
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wealth management
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financial services
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industrial thought
Industrial Thought has launched Raw Knowledge, a subsidiary dedicated to providing comprehensive ERI data and consultancy for offshore investment reporting.
Leostream supports HP customers amid Tera 2 end-of-life
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migration
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cybersecurity
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government
Leostream vows to support HP customers using Teradici Tera 2 chipsets in zero clients, amid HP's plans to phase out the product by 2024.
Zodia, RFOG & QCP team up to boost digital assets
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risk & compliance
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cloud services
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security
Zodia Custody is partnering with Raffles Family Office Group and QCP to enhance digital asset services for institutional investors across Asia.
Conduktor raises USD $30 million to boost US expansion
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digital transformation
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encryption
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data privacy
Data management platform Conduktor has raised USD $30 million in Series B funding to fuel its expansion into the US market amid soaring real-time data demand.
Grapple surpasses AUD $500m in invoice processing milestone
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fintech
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lending platform
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financial services
Grapple has surpassed AUD $500 million in processed invoices, reflecting a surge in demand for its financing solutions among Australian SMEs in 2024.
Fujitsu partners with SAP Fioneer to innovate insurance in Japan
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digital transformation
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fintech
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fujitsu
Fujitsu and SAP Fioneer have teamed up to develop a specialised cloud platform, aiming to enhance Japan's insurance sector by March 2026.
ChapsVision acquires Sinequa, secures USD $90m funding
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digital transformation
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ai
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r&d
ChapsVision has acquired Sinequa, a leader in AI search solutions, alongside securing USD $90 million funding to boost growth and technology focus.
Ecommpay advises on optimising festive checkout processes
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cryptocurrency
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fintech
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cx
Ecommpay is urging e-commerce merchants to enhance checkout processes ahead of the festive season, with conversion rates averaging just 58%.
DXC Technology named top life & annuity tech provider
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digital transformation
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ai
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analyst report
DXC Technology has topped the Everest Group's inaugural report for Life & Annuity Insurance Technology Providers 2024, lauded for its innovation and expertise.
Australia's first halal financial app launched by Hejaz
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fintech
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home loans
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wealth management
Hejaz Financial Services has launched Halal Money, Australia's first halal financial app, aiming to meet the needs of Muslim investors with over 15,000 downloads.
Iceotope unveils KUL AI for energy-efficient AI computing
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datacentre infrastructure
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hyperscale
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edge computing
Iceotope unveils KUL AI, an innovative 8-GPU server promising up to 40% energy savings, designed for demanding AI applications and enhancing sustainability.
Banks lead industries in adoption of generative AI technology
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risk & compliance
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genai
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data privacy
A report reveals that 60% of banking leaders are integrating generative AI technology into operations, outpacing other sectors in adoption rates.
AI partnership enhances credit scoring in Indonesia
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cx
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martech
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ai
AND Solutions has secured a software agreement with PT AEON Credit Service Indonesia to deliver AI-driven custom credit scoring solutions.