Financial Services stories - Page 8

Bank Negara Indonesia partners with Cloudera to drive significant business transformation using generative AI, leveraging NVIDIA's advanced AI technology for enhanced banking services.

Australia’s CSO Group and xAmplify are set to merge, forming the nation's largest integrator of AI, cyber security, and business automation services, with a combined turnover of AUD $100 million.

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.

UiPath's Automation Cloud is now available on Microsoft Azure in the UK, enabling secure AI automation while complying with local data residency laws.

As Ofcom hints at reduced letter deliveries, businesses must brace for possible mail disruptions and refine their mailing strategies for resilience.

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.

OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.

Board-level cyber security representation in the UK is up 55% among critical national infrastructure sectors, according to Bridewell. This growth reflects the increasing threat landscape, with central government organisations seeing the most significant rise in secure governance.

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.

Soft Space and Inflight Dublin partner to integrate Fasspos with Everhub on AirAsia, elevating inflight entertainment and boosting ancillary revenue.

Currencycloud and Pyvio are partnering to enhance cross-border payment solutions for Chinese e-commerce 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.