Financial Services stories - Page 8

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

A report by Avanade reveals that 86% of mid-market organisations in Australia plan to increase AI budgets by up to 50% amid rising competitive pressures.

MTF, a key lender in New Zealand, unveils a new brand identity and logo to strengthen community ties and reflect its loan expansion, reaching NZD $1.1 billion.

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

Finkeda is tackling banking accessibility in rural India with Aadhaar-enabled Payment System and Micro ATM services to empower underserved communities.

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.

Publicis Sapient has partnered with Google Cloud to boost generative AI adoption, creating a dedicated unit to assist enterprises in leveraging AI technologies.

Business Next has launched AGENTNEXT, India's first AI agent platform, to modernise banking and financial services, aiming for 60-70% task automation.

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.

GoCardless has teamed up with Rent The Roo to enhance payment experiences, eliminating dishonour fees and improving payment success rates for customers.

Pegasystems has appointed Ravesh Lala to lead its legacy transformation practice, leveraging over 20 years of experience in enterprise software and AI.

Semperis is expanding in Australia following a USD $125 million funding boost, targeting enhanced cyber resilience amid rising ransomware threats.

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

A HubSpot study reveals just 17% of Australian businesses have adopted AI tools, despite personal use by 51% of leaders highlighting a significant gap.

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