Financial Services stories - Page 73

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.

Airwallex has become the first major payments firm to secure an Australian Financial Services Licence, enabling its expansion into retail investment products.

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.

Redactive AI secures $11.5M in seed funding to revolutionise enterprise AI with a focus on security and permissions, attracting key venture firms.

MoEngage launches a new platform in Australia, aimed at helping financial institutions tackle inefficiencies and deliver personalised customer experiences in real time.

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.

As Australia gears up for the next federal election, the Albanese Government emphasises automation and AI as keys to driving innovation in its Future Made in Australia policy.

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.

Australian cyber security firm CSO Group and automation specialist xAmplify plan to merge in 2024, creating the nation's largest AI and cyber security service provider.

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.

NCS Australia appoints Nikita Atkins as AI Lead, enhancing its AI capabilities and driving innovation-led growth across the Asia-Pacific region.

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.

Endava restructures leadership and strategy post-acquisition of Mudbath and DEK Technologies, enhancing its Australian capabilities for significant digital transformation growth.