Financial Services stories - Page 59

Gcore has raised USD $60 million in its first Series A round to enhance its AI-driven cloud and edge solutions, led by Wargaming and other investors.

NVIDIA introduces AI Foundry with Llama 3.1 models and NIM microservices, aiming to boost generative AI capabilities for enterprises, with Accenture as the first adopter.

Rimini Street is set to revolutionise tech support in the financial sector, offering robust and cost-effective solutions for digital transformation.

The global campaign management software market is set to soar to USD$4.8 billion by 2024 and may reach USD$10.2 billion by 2034, driven by AI and cloud innovations.

Report reveals a disconnect between perceived and actual data security, with 63% of firms overestimating their protective measures despite record data breaches.

The advent of AI factories is revolutionising business operations by merging GenAI capabilities with modernised data centres, enhancing productivity and sustainability.

Outsized has announced its expansion into the Australian and New Zealand markets, addressing the rising demand for skilled independent talent in key sectors.

A new study by Juniper Research predicts digital identity app installations will soar to 5.2 billion globally by 2029, driven by regulatory standards and biometric verification.

Creatio secures USD $200 million in funding, reaching a USD $1.2 billion valuation. Led by Sapphire Ventures, this investment will bolster global expansion and AI innovation.

Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.

SourseAI partners with Moflix to revolutionise telcos with AI and digital-first tools, aiming to better personalise and simplify the customer experience.

SeqOIA, a key French genomics lab, adopts Scality RING to handle petabyte-scale genetic data, enhancing cancer and rare disease patient outcomes.

HSBC and BNY Mellon join Quantexa's Lighthouse Programme to deploy Q Assist, a context-aware generative AI suite, debuting at London Tech Week to optimise financial services.

First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.

Currencycloud and Pyvio are partnering to enhance cross-border payment solutions for Chinese eCommerce businesses, aiming to simplify transactions in emerging markets.

Ciena's new study reveals a surge in AI optimism among global CSPs, predicting enhanced operational efficiency, job growth, and monetisation prospects.

The Commercial Advisory Partnership and Arteria AI are joining forces to streamline complex document processes across industries in Australia and New Zealand using advanced AI solutions.

New research reveals the global unified communications market will soar from USD $48.1B in 2021 to USD $187.6B by 2031, driven by digital transformation and remote work trends.

New research by Bridewell reveals over 75% of UK's key infrastructure organisations are increasingly concerned about AI-powered cybercrime.

Hexaware Technologies has boosted its data and analytics capabilities with the acquisition of respected Minneapolis-based data consulting firm, Softcrylic, promising to refine customer journeys through advanced data utilisation.