Financial Services stories - Page 54

DXC Technology has topped the Everest Group's inaugural report for Life & Annuity Insurance Technology Providers 2024, lauded for its innovation and expertise.

Iceotope unveils KUL AI, an innovative 8-GPU server promising up to 40% energy savings, designed for demanding AI applications and enhancing sustainability.

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

AND Solutions has secured a software agreement with PT AEON Credit Service Indonesia to deliver AI-driven custom credit scoring solutions.

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.

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

Lintasarta has inked a partnership with Singapore's 6Estates to enhance AI adoption and innovation across Indonesia, leveraging advanced GPU infrastructure.

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.

EXL has unveiled its new Insurance LLM, enhancing claims accuracy by 30% for the insurance sector, leveraging NVIDIA partnerships and advanced AI techniques.

A recent study by Sinch reveals over 70% of brands view Rich Communication Services as a key channel for customer communication in five years.

Prudential is set to enhance medical insurance claims processing by partnering with Google Cloud to implement the MedLM model in Singapore and Malaysia.

Anchora has secured its position as the first agency in the Asia-Pacific to achieve Adobe Journey Optimiser Specialisation, enhancing client marketing success.

A report reveals that over 50% of financial institutions in Asia are failing to adopt AI for anti-money laundering, risking exposure to financial crime.

Tata Consultancy Services has partnered with NVIDIA to launch a new business unit focused on boosting AI adoption across multiple industries.

A10 Networks is enhancing its security and AI solutions to help organisations manage cyber risks and optimise IT infrastructure amid rising threats.

Fastly has launched its automated DDoS Protection service, enabling organisations to defend against application-layer attacks with a single click.

Human Managed has released a white paper on federated learning, highlighting its potential for enhanced data privacy and digital transformation in ASEAN.

Alchemyst AI has secured USD $300,000 in pre-seed funding to enhance its AI automation technology and workforce, led by Inflection Point Ventures.