Financial Services stories - Page 9

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.

EastWest Bank has teamed up with MoEngage to enhance its digital banking experience with tailored engagement solutions for clients across various sectors.

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

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

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.

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

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.

Grapple has surpassed AUD $500 million in processed invoices, reflecting a surge in demand for its financing solutions among Australian SMEs in 2024.

Fujitsu and SAP Fioneer have teamed up to develop a specialised cloud platform, aiming to enhance Japan's insurance sector by March 2026.

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

Ecommpay is urging e-commerce 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.

Hejaz Financial Services has launched Halal Money, Australia's first halal financial app, aiming to meet the needs of Muslim investors with over 15,000 downloads.

Iceotope unveils KUL AI, an innovative 8-GPU server promising up to 40% energy savings, designed for demanding AI applications and enhancing sustainability.

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

AND Solutions has secured a software agreement with PT AEON Credit Service Indonesia to deliver AI-driven custom credit scoring solutions.

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