Financial Services stories - Page 29

Outsized has announced its expansion into the Australian and New Zealand markets, addressing the rising demand for skilled independent talent 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.

As Australia gears up for the next federal election, the Albanese Government emphasises automation and AI as keys to driving innovation in its Future Made in Australia policy.

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 achieved ISO 9001:2015 certification, recognising its commitment to quality management standards in hardware-encrypted USB data storage.

Bank Negara Indonesia has partnered with Cloudera to revolutionise its operations through generative AI, enhancing productivity and customer experience.

Australian cyber security firm CSO Group and automation specialist xAmplify plan to merge in 2024, creating the nation’s largest AI and cyber security service provider.

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.