Financial Services stories - Page 10

The advent of AI factories is revolutionising business operations by merging GenAI capabilities with modernised data centres, enhancing productivity and sustainability.

Outsized expands into Australia and New Zealand, bringing its unique talent platform specialising in high-end roles. Led by Sara Kahlau, the move addresses skills shortages in key sectors.

A new study by Juniper Research predicts digital identity app installations will soar to 5.2 billion globally by 2029, driven by regulatory standards and biometric verification.

Automation is set to be the backbone of Australia's Future Made in Australia policy, promising efficiency gains and boosting innovation across multiple industries and the public sector for a net-zero future.

Creatio secures USD $200 million in funding, reaching a USD $1.2 billion valuation. Led by Sapphire Ventures, this investment will bolster global expansion and AI innovation.

While 22% of firms globally effectively utilise Gen AI, a SoftServe study highlights prevailing data and skill gaps, reflecting similar trends in Singapore.

Apricorn has attained ISO 9001:2015 certification from IAPMO SCB, reinforcing its commitment to quality management and operational excellence in hardware-encrypted USB data storage.

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.