Financial Services stories - Page 58

HCLTech has topped the 14th Annual Asia Executive Team survey by Institutional Investor, excelling in 21 categories in the Technology IT Services & Software sector.

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

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.

While 22% of firms globally effectively utilise Gen AI, a SoftServe study highlights prevailing data and skill gaps, reflecting similar trends in Singapore.

Bank Negara Indonesia has partnered with Cloudera to revolutionise its operations through generative AI, enhancing productivity and customer experience.

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.

Soft Space and Inflight Dublin partner to integrate Fasspos with Everhub on AirAsia, elevating inflight entertainment and boosting ancillary revenue.

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.

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.

AvePoint's VP, Max McNamara, details strategies employed by the global data management firm in navigating and shaping the digital landscape.

Singapore's manufacturing industry outpaces financial services as the most targeted sector in cyber attacks, according to a 2024 Ensign InfoSecurity report.

In a move to bolster its software solutions, Rocket Software completes the $2.275 billion acquisition of OpenText's Application Modernisation and Connectivity business, tripling its customer base and increasing revenues by 60%.

Dubai's climate fintech Fils partners with Pakistan's TPS to integrate sustainability infrastructure, enabling institutions across Asia to monitor their carbon emissions and buy top-tier carbon credits.

Cloudera forms a strategic partnership with Aboitiz Data Innovation to deliver enhanced data science and AI solutions across the Asia Pacific financial services and industry sectors.

Lenovo announces suite of AI-centric infrastructure systems and solutions to boost hybrid AI innovation for data-heavy sectors.