Financial Services stories - Page 53

Baemingo launches a lending arm offering up to EUR €50,000 to struggling European restaurants facing inflation and labour shortages pressures.

Celonis has appointed Dilipkumar Khandelwal as Chief Customer Officer and India Advisory Board Chairman to boost global AI-driven customer success.

TCS reported USD $7,421m revenue in Q1 FY26, highlighting gains in AI and cybersecurity despite a slight year-on-year revenue decline.

CubeMatch has acquired a stake in UK consultancy DVCP as part of a phased full takeover, aiming to expand its UK reach in financial services consultancy by 2026.

Celonis and Bright Cape launch Smart KYC Control Tower app to help financial firms cut costs, boost compliance and improve customer experience in KYC processes.

HTEC has named Tim Sears as its first Chief AI Officer to spearhead AI strategy, driving scalable solutions across industries including telecom and healthcare.

IDnow strengthens its global leadership with key executive hires to advance its vision of embedding trust in digital identity verification worldwide.

Keymous+, a North African hacker group, has claimed over 700 DDoS attacks since 2023, blurring lines between hacktivism and commercial cyber operations.

Appian has been named on FinTech Global's 2025 AIFinTech100 list for pioneering AI-driven solutions that transform banking, compliance and financial services workflows.

NetFoundry pioneers native zero-trust networks to securely orchestrate autonomous vehicles during emergencies, preventing cyberattacks and ensuring swift response.

BNP Paribas Personal Finance renews UK FinTech Innovation Lab for third year, focusing on Generative AI to enhance customer communication and engagement.

Streaming ETL enables real-time AI insights, letting companies prevent fraud, boost sales, and improve customer retention instantly, transforming competitiveness.

Unity Advisory launches in London, backed by USD $300m from Warburg Pincus, to offer AI-driven CFO advisory services for private equity-backed firms.

Talon.One has raised $135 million to advance its AI-powered loyalty platform, serving over 270 global brands including H&M and Adidas.

TeamSystem has acquired French SaaS firm ClicData to enhance AI-driven data analytics for over 2.5 million SMEs across Europe and North America.

OneFamily is partnering with ANS to modernise its IT by migrating to Microsoft Azure, aiming to cut costs and support 1.5 million UK customers with scalable cloud tech.

The Isle of Man and EDM Council launch a global framework treating data as a capital asset to boost value, investment, and innovation in the data economy.

XTIUM has launched direct operations in Europe from Rotterdam, expanding managed IT services including cybersecurity for EMEA businesses.

AI use nears 94% in UK and Ireland firms, yet full business transformation lags; IT outsourcing shifts as offshore activity and client demands grow.

HCLTech partners with OpenAI to integrate generative AI into its platforms, aiding enterprises in sectors like finance and healthcare to adopt AI at scale securely.