Banking stories - Page 17

Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.

Retail leads AI satisfaction in EMEA with 96% success rate, while healthcare outspends all sectors but faces challenges, says Lenovo's CIO Playbook 2025 study.

Cyberattacks on the financial sector have surged 25% in 2024, with phishing leading and nearly half of employees prone to clicking malicious links.

AI-driven referrals to US retail, travel, and banking sites have surged over tenfold since July 2024, reshaping online shopping and boosting engagement.

8x8 and MNET partner to enhance secure, real-time banking customer service by integrating CoreAccess+ with 8x8's CX platform for faster, safer authentication.

Nutanix has been named a Challenger in the 2025 Gartner Magic Quadrant for Container Management after launching its Nutanix Kubernetes Platform last year.

Cloudera upgrades its AI services to enable secure, GPU-accelerated generative AI apps within enterprise data centres, enhancing control and reducing costs.

Coinme expands cash-to-crypto service to over 50,000 US retail locations, offering low fees and easy access for cash-preferred and unbanked consumers.

A new study reveals AI is evolving from an adviser to a core architect in enterprise decision-making, enhancing transparency and accountability across sectors.

A Black Kite report reveals most third-party vendors in finance show major cyber security flaws, posing serious risks despite fewer direct attacks on institutions.

TCS reported USD $7,421m revenue in Q1 FY26, highlighting gains in AI and cybersecurity despite a slight year-on-year revenue decline.

Celonis and Bright Cape launch Smart KYC Control Tower app to help financial firms cut costs, boost compliance and improve customer experience in KYC processes.

Appian has been named on FinTech Global's 2025 AIFinTech100 list for pioneering AI-driven solutions that transform banking, compliance and financial services workflows.

Endava appoints Alastair Lukies as Chief Engagement Officer and Rob Machin as Chief People and Locations Officer to boost AI-led growth and global engagement.

LRN has earned global accreditations for its financial services compliance courses from CISI, IBF Singapore and The CPD Certification Service.

Sumsub enhances fraud defence by integrating Fingerprint's device intelligence, offering real-time threat detection without complicating genuine user access.

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

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

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

Apromore enhances its process intelligence platform with native task mining, offering businesses detailed insights from enterprise workflows to individual user actions.