Financial Services stories - Page 65

A survey reveals UK financial firms face challenges integrating AI technologies, with 95% still in early phases and only 32% on track with efforts.

PanaAI has partnered with Junee to build the most powerful NVIDIA AI supercomputer in the Southern Hemisphere, set to launch in Australia by early 2025.

NTT DATA plans to acquire Niveus Solutions, boosting its Google Cloud capabilities with an additional 1,000 experts to enhance AI and data engineering services.

Bravura Solutions has appointed Aaron Knowles as Global Head of Product Management and Rob Jessurun as Business Development Director to aid global expansion.

Vultr has teamed up with NetApp to enhance AI data management across industries by integrating NetApp ONTAP into its global cloud infrastructure.

Dun & Bradstreet has launched D&B Unified Risk View in the UK, aiding credit providers in assessing risk for 5.5 million small businesses.

A staggering 88% of older UK residents believe banks should retain physical branches, highlighting concerns over the digital divide and access to services.

A report from Skybox Security reveals that network professionals could reclaim 50% of their time by automating tasks currently bogging them down.

SaaScada predicts transformative banking shifts by 2025, with multigenerational banking and ESG principles reshaping financial services in the UK.

Swiss AI governance startup Calvin Risk has raised USD $4 million in seed funding to enhance enterprise AI compliance and accountability.

EFI advises financial institutions on five key considerations for outsourcing AML operations amid rising regulatory pressures and operational costs.

A Skybox Security study reveals that network professionals waste nearly half their workweek on manual tasks, raising concerns over compliance and security risks.

Nearly 10 million UK consumers are projected to embrace Buy Now, Pay Later schemes this Christmas, reflecting a significant shift in shopping behaviours.

OpenText has launched Cloud Editions 24.4, introducing AI-driven tools to enhance enterprise workflows and multi-cloud connectivity at OpenText World 2024.

CommBox has raised GBP £12.3 million from PSG Equity to boost its AI technologies and expand its operations into new markets.

Leostream vows to support HP customers using Teradici Tera 2 chipsets in zero clients, amid HP's plans to phase out the product by 2024.

Industrial Thought has launched Raw Knowledge, a subsidiary dedicated to providing comprehensive ERI data and consultancy for offshore investment reporting.

Data management platform Conduktor has raised USD $30 million in Series B funding to fuel its expansion into the US market amid soaring real-time data demand.

Zodia Custody is partnering with Raffles Family Office Group and QCP to enhance digital asset services for institutional investors across Asia.

ChapsVision has acquired Sinequa, a leader in AI search solutions, alongside securing USD $90 million funding to boost growth and technology focus.