Financial Services stories - Page 66

Ecommpay is urging eCommerce merchants to enhance checkout processes ahead of the festive season, with conversion rates averaging just 58%.

DXC Technology has topped the Everest Group's inaugural report for Life & Annuity Insurance Technology Providers 2024, lauded for its innovation and expertise.

A report reveals that 60% of banking leaders are integrating generative AI technology into operations, outpacing other sectors in adoption rates.

Iceotope has launched KUL AI, a precision liquid-cooled server aimed at enhancing AI capabilities while cutting energy use by up to 40%.

A new report reveals traditional banks struggle to leverage cloud investments effectively, contrasting with fintechs that prioritise sales growth.

Vanquis Bank is enhancing its digital strategy by adopting SAS Viya on Microsoft Azure, aiming to improve risk management and compliance efforts.

UK businesses face rising API security threats, with incidents increasing to 83% in 2024, despite only 13% conducting real-time testing.

Cloudera has agreed to acquire Octopai to enhance its data catalog and metadata management, improving data handling for enterprises.

BlackLine has appointed Philippe Omer Decugis as Senior Vice President and General Manager for Europe to enhance growth and customer success across the region.

For the third consecutive year, Workday has been named a Leader in the 2024 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises.

Integrity360 has launched its Managed dSOC Services, enhancing cyber security with Darktrace's AI tech for real-time monitoring and rapid incident response.

Toqio has ventured into the logistics sector by partnering with global eCommerce firm DSA, aiming to leverage financial solutions for growth.

Aston Barclay has engaged digital agency IDHL to enhance its marketing strategy, aiming to boost revenue and improve customer experience.

EXL has unveiled its new Insurance LLM, enhancing claims accuracy by 30% for the insurance sector, leveraging NVIDIA partnerships and advanced AI techniques.

A recent study by Sinch reveals over 70% of brands view Rich Communication Services as a key channel for customer communication in five years.

Ripjar has secured a majority growth investment from Long Ridge Equity Partners, appointing Tom Obermaier as its new CEO to enhance global operations.

Siemens has reached an agreement to acquire Altair Engineering for an enterprise value of approximately USD $10 billion, enhancing its industrial software capabilities.

Tata Consultancy Services has partnered with NVIDIA to launch a new business unit focused on boosting AI adoption across multiple industries.

Quor has appointed Bruce Boytim as its new CEO, bringing over 20 years of expertise in financial services and technology to lead the company.

A10 Networks is enhancing its security and AI solutions to help organisations manage cyber risks and optimise IT infrastructure amid rising threats.