Financial Services stories - Page 66

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

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

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

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.

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

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.

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

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 eCommerce 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.

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

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

A new report reveals traditional banks struggle to leverage cloud investments effectively, contrasting with fintechs that prioritise sales growth.

Vanquis Bank is enhancing its digital strategy by adopting SAS Viya on Microsoft Azure, aiming to improve risk management and compliance efforts.

UK businesses face rising API security threats, with incidents increasing to 83% in 2024, despite only 13% conducting real-time testing.

Cloudera has agreed to acquire Octopai to enhance its data catalog and metadata management, improving data handling for enterprises.

BlackLine has appointed Philippe Omer Decugis as Senior Vice President and General Manager for Europe to enhance growth and customer success across the region.

For the third consecutive year, Workday has been named a Leader in the 2024 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises.

Integrity360 has launched its Managed dSOC Services, enhancing cyber security with Darktrace's AI tech for real-time monitoring and rapid incident response.

Toqio has ventured into the logistics sector by partnering with global eCommerce firm DSA, aiming to leverage financial solutions for growth.