Financial Services stories - Page 15

Visa has completed the UK's first commercial variable recurring payment using its A2A account-to-account solution with Kroo, Tink, and Utilita.

Irish exports to Canada hit a record EUR €585 million (CAD $954 million) in 2024, soaring 32% since 2021 as technology and services firms boost trade ties.

Ecommpay teams up with humm to offer flexible finance up to GBP £3,000 for UK merchants, boosting sales in travel and high-value retail sectors.

Org Group has taken a minority stake in Irish start-up HappyPath Labs to expand its reach in AI-driven customer experience technology for contact centres.

Nearly three-quarters of UK and Ireland consumers now trust AI assistants, with 79% confident chatbots provide reliable help, says IBM study.

Irish fintech has secured nearly EUR €1bn in five years, as new data show strong 2023 deal activity despite weaker European VC flows.

TCS has completed the digital migration of over 3.8 million Scottish Widows life and pension policies onto its BaNCS platform, modernising customer service.

HSBC Innovation Banking has launched in Australia to support venture-backed tech scale-ups with tailored finance and global network access.

CubeMatch has acquired a stake in UK consultancy DVCP as part of a phased full takeover, aiming to expand its UK reach in financial services consultancy by 2026.

AI use nears 94% in UK and Ireland firms, yet full business transformation lags; IT outsourcing shifts as offshore activity and client demands grow.

Aryza has acquired conversational AI firm Webio to enhance its financial software with AI-driven features, aiming to lead in AI-powered credit and debt solutions.

CT: Evolve and AccountsIQ partner to transform UK finance teams through strategic consultancy and cloud-based automation, boosting efficiency and insight.

In 2024, AI innovations are set to revolutionise sectors like finance and public services, predicting substantial changes and savings of up to GBP £200 billion by 2025.

Mail Metrics has acquired Adare SEC, its fourth purchase in four years, expanding its workforce and boosting UK revenue projections to GBP £175 million.

Aryza Group has partnered with TransUnion to enhance credit and debt management solutions across its platforms in the UK and Ireland.

Pegasystems has unveiled the latest Pega Smart Investigate Enterprise Edition, enhancing banks' capabilities in processing payment exceptions with AI automation.

Integrity360 has acquired Adsigo, a cyber security firm, aiming to enhance its presence in the DACH region and eventually exceed EUR 135 million in revenues.

EastWest Bank has teamed up with MoEngage to enhance its digital banking experience with tailored engagement solutions for clients across various sectors.

Alexandra Chiaramonti has been appointed Managing Director of GoCardless's international operations to drive global growth, particularly in APAC regions.

BGF has invested GBP £5 million into Cardiff's PureCyber, a fast-growing cybersecurity firm, appointing Ben Marnham as Non-Executive Chair to spearhead further growth.