Financial Services stories - Page 44

Denodo has earned the Snowflake Financial Services Competency, recognising its expertise in secure data management for banking, capital markets, and insurance.

FICO leads Forrester's AI decision platforms report, achieving top scores for its platform's innovation and decision-making capabilities among 15 vendors.

Diliko launches a partner programme enabling IT firms to offer AI-driven data management to regulated sectors like healthcare, cutting infrastructure costs.

SYSPRO appoints Mathias Høyer as CFO to lead global finance during growth, leveraging his extensive experience in tech-focused financial strategy and transformation.

Elastic partners with AWS in a five-year deal to help organisations build secure generative AI applications, targeting highly regulated sectors like finance and public services.

Fundbox shifts from direct lending to embedding capital infrastructure in platforms, aiming to bridge the USD $2 trillion small business credit gap.

Salesforce to acquire Informatica for USD $8 billion, enhancing AI capabilities by integrating Informatica's data services with its platform, deal to close fiscal 2027.

Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.

Capgemini broadens its partnership with Mistral AI and SAP to deliver secure generative AI solutions for regulated sectors like finance and aerospace.

FICO and AWS have teamed up to expand global access to AI-driven decision workflows, now available via AWS Marketplace Private Offers.

Starburst secures strategic investment from Citi to advance its scalable, secure data platform, supporting AI-ready solutions for global enterprises and major banks.

Emburse has unveiled a global partner community with 140 organisations to improve expense management for travel and finance professionals worldwide.

A global study reveals 97% of general counsels now use generative AI to boost legal compliance and operational efficiency amid rising pressures.

Salesforce launches Agentforce for Financial Services, offering AI agents to automate tasks and boost personalised client engagement in banks and insurers.

Nearly 42% of data breaches in top fintech firms stem from third-party vendors, highlighting critical supply chain vulnerabilities despite strong internal security.

DenizBank has adopted Red Hat OpenShift AI, accelerating AI model deployment and cutting development time from days to just 10 minutes in its financial services.

Celonis, Uniper and Microsoft join forces to accelerate AI-driven digital transformation and operational excellence in the global energy sector.

MirrorWeb has launched Sentinel, a platform using AI to cut false compliance alerts by 90%, helping firms tackle rising risks from digital communication tools.

Ecommpay has been shortlisted for three awards at the PayTech Awards 2025, recognising innovation in payments, anti-fraud, and diversity leadership.

Boomi will acquire Thru by June 2025, adding secure managed file transfer to its platform for unified data integration and stringent compliance needs.