Financial Services stories - Page 71

Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.

SourseAI partners with Moflix to revolutionise telcos with AI and digital-first tools, aiming to better personalise and simplify the customer experience.

SeqOIA, a key French genomics lab, adopts Scality RING to handle petabyte-scale genetic data, enhancing cancer and rare disease patient outcomes.

NCS Australia appoints Nikita Atkins as AI Lead, enhancing its AI capabilities and driving innovation-led growth across the Asia-Pacific region.

HSBC and BNY Mellon join Quantexa's Lighthouse Programme to deploy Q Assist, a context-aware generative AI suite, debuting at London Tech Week to optimise financial services.

Endava restructures leadership and strategy post-acquisition of Mudbath and DEK Technologies, enhancing its Australian capabilities for significant digital transformation growth.

Australian organisations subject to SoCI laws must now prove their operational response to cyber incidents, requiring continuous compliance and readiness by August 18.

A new Fivetran and MIT Technology Review Insights report reveals data readiness as a key barrier to AI adoption, with 60% of organisations needing better data governance.

First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.

Currencycloud and Pyvio are partnering to enhance cross-border payment solutions for Chinese eCommerce businesses, aiming to simplify transactions in emerging markets.

Quest Payment Systems has secured a pivotal contract to supply payment technology to the NSW Government, positioning itself alongside global heavyweights PAX and Apple.

Rich Data Co secures its first US client with M&T Bank Corporation, integrating AI to enhance the bank's risk management and lending strategies.

As digital transformation accelerates, sectors like finance and healthcare grapple with increased operational risks and evolving regulatory demands, necessitating a robust data management strategy.

Ciena's new study reveals a surge in AI optimism among global CSPs, predicting enhanced operational efficiency, job growth, and monetisation prospects.

The Commercial Advisory Partnership and Arteria AI are joining forces to streamline complex document processes across industries in Australia and New Zealand using advanced AI solutions.

Australian fintech Zeller is launching a regional initiative, offering AUD $10,000 in annual grants to support small businesses with tech and resources amid economic shifts.

Australia's AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.

New research reveals the global unified communications market will soar from USD $48.1B in 2021 to USD $187.6B by 2031, driven by digital transformation and remote work trends.

A Trend Micro report reveals a significant disconnect between Australian IT security leaders and C-suite executives on the severity of cyber risks, prompting concern over inadequate senior-level response.

Hexaware Technologies has boosted its data and analytics capabilities with the acquisition of respected Minneapolis-based data consulting firm, Softcrylic, promising to refine customer journeys through advanced data utilisation.