AI-driven solutions enable CFOs and finance teams to access reliable data faster, enhancing decision-making and operational efficiency

NEW YORK, Oct. 21, 2024 /PRNewswire/ — Genpact (NYSE: G), a global professional services and solutions firm delivering outcomes that shape the future, today introduced its new Finance Data Hub, powered by the Databricks Data Intelligence Platform. This AI-powered solution provides Chief Financial Officers (CFOs) and their teams with quicker access to accurate data, which improves decision-making and boosts operational efficiency.

To learn more about how to leverage the Genpact Finance Data Hub, click here.

“Finance leaders are often limited by fragmented data as they strive to deliver actionable insights,” said Riju Vashisht, Chief Growth Officer, Genpact. “Our Finance Data Hub unifies financial information, improving data quality, trust, and auditability, so teams can prioritize strategic decision-making. By collaborating with industry-leading partners, such as Databricks, we can help businesses realize the true value of their data with advanced technologies, deep industry knowledge, and global talent.”

Finance Data Hub solves data challenges by consolidating structured and unstructured data, such as contracts across operations, supply chain, financial planning, tax, and treasury into one central platform. This unified platform, built on the Databricks lakehouse foundation of open data formats and open lakehouse architecture provides finance teams with clean, reliable data in near-real-time, enabling advanced analytics and AI-driven insights for faster, more informed decision-making. With robust governance and simplified compliance, the solution enhances productivity and empowers CFOs to adapt swiftly to market changes, while managing spend, cash flow, and profitability.

“As businesses increasingly look to harness the power of data intelligence, having clean, accurate, and accessible data is crucial to building AI systems,” said Barry Dauber, Vice President of GenAI GTM, Databricks. “Our partnership with Genpact enables finance professionals to leverage AI and machine learning, optimizing performance, enhancing forecasting, and helping stay compliant with evolving regulations.” 

With over 20 years of experience, Genpact is a trusted partner for global enterprises, offering end-to-end finance and accounting (F&A) solutions that optimize operations, enhance compliance, and support strategic decision-making. From transactional processing to advanced analytics and AI-driven insights, Genpact helps CFOs and finance teams unlock the full potential of their financial data.

The Finance Data Hub, built on the Databricks Data Intelligence Platform, is the latest example of Genpact’s commitment to innovation, helping finance leaders transform their operations and stay ahead in a rapidly changing business environment.

About Genpact

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. 

Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook. 

MEDIA CONTACTS:

Sue Martenson
Genpact Media Relations
+1 978 905 9582
susan.martenson@genpact.com

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SOURCE Genpact Ltd.

Cash recycling technology streamlines operations, reduces costs and improves the sustainability of the bank’s ATM fleet.

NORTH CANTON, Ohio, Oct. 21, 2024 /PRNewswire/ — Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced a pivotal development in its long-standing partnership with Piraeus, a Greek multinational financial services company. By the end of 2024, Piraeus will have replaced its fleet of more than 1,200 self-service devices located inside the bank’s branches with DN Series® cash recycling ATMs. The ATMs will provide Piraeus customers the ability to conveniently manage their cash while giving the bank a proven platform to move many transactions from inside the branch to the self-service channel in support of its branch transformation program.

In 2021, Piraeus was the first financial institution in Greece to widely adopt automated cash recycling by deploying more than 300 DN Series ATMs. The innovative bank is committed to providing the highest level of customer experience and chose to further invest in the technology by purchasing an additional 928 DN Series ATMs since 2021, including nearly 400 units in 2024. Adopting the trends and demands of banking, the bank will now also offer customers NFC payment capability across its entire fleet, which enables contactless payments.

Cash recycling reduces the bank’s cash management costs by accepting, storing, and recirculating cash deposited in the ATM. Creating a closed-loop recycling environment that automatically moves money through the system provides the additional advantages of extending cash-in-transit (CIT) intervals and drastically reducing carbon emissions throughout the ATMs’ lifespan.

Piraeus, a financial institution deeply sensitive to providing accessible services for customers of various abilities, chose DN Series after highly evaluating its design. Diebold Nixdorf developed its DN Series ATMs with accessibility as an integral part of the design process.

The DN Series ATMs are powered by DN AllConnectSM Data Engine, which leverages the power of artificial intelligence (AI) and machine learning to maximize fleet performance and availability. By analyzing data patterns, trends and leading indicators, DN AllConnect Data Engine can identify an impending failure, triggering a proactive service call to avoid a future outage. This helps decrease the number of incidents, shorten resolution time and guarantee market-leading availability. In addition, DN Series includes enhanced security features to protect from traditional and emerging physical and cyber threats.

Harry Margaritis, group chief operating officer at Piraeus, said: “We are committed to continuously improving the experience we offer to our customers. By adopting a proven cash recycling technology across all our branches, we aim to offer a higher service level to our customers while at the same time improving operational efficiency.”

Joe Myers, executive vice president of Global Banking at Diebold Nixdorf, said: “In today’s banking environment, it’s critical for financial institutions to reduce costs while expanding their offerings for customers. We’re thrilled that every Piraeus branch across Greece will be equipped with DN Series ATMs, providing customers with the latest in cash recycling technology. Our continued partnership with Piraeus further reinforces that frictionless physical and digital experiences should be of paramount importance to financial institutions and their customers across the globe.”

About Piraeus 
Piraeus Bank S.A., is headquartered in Athens, and has approximately 7.5 thousand employees. The Piraeus Group’s total assets stood at €76.6billion on 30.06.2024. Piraeus Bank was founded in 1916. Today it represents the leading Bank in Greece in terms of customer loans and deposits. It maintains the largest distribution network in Greece and offers a vast array of financial products and services to 6 million customers.

About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 21,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.

X: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf

DN-B

Photo – https://mma.prnewswire.com/media/2534062/Piraeus_DNs.jpg

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WAN CHAI, Hong Kong, Oct. 21, 2024 /PRNewswire/ — Blackridge Partners Ltd., a pioneering investment firm at the forefront of leveraging cutting-edge technology, is pleased to announce its strategic use of artificial intelligence (AI) to identify and capitalize on the most promising investment opportunities within the rapidly evolving landscape of AI innovations. With a focus on forward-thinking enterprises, Blackridge Partners has handpicked a portfolio of 24 of the most disruptive AI inventions, ready to transform numerous industries and marketplaces throughout the globe.

Blackridge Partners has initiated a quest to identify breakthrough technologies with significant potential for development and disruption, leveraging the power of AI. Using powerful algorithms and data analytics, the organization methodically analyzed and chose a variety of AI advancements poised to change the future of sectors ranging from healthcare and banking to transportation and entertainment.

“We are delighted to unveil our latest initiative aimed at identifying and investing in the forefront of artificial intelligence innovation,” said Mr. Vincent Liu-Wong, Finance Director at Blackridge Partners Ltd. “AI has emerged as a transformative force across industries, and we are committed to staying ahead of the curve by leveraging its abilities to drive strategic investments and produce significant benefits for our clients.”

The chosen AI advancements reflect the confluence of pioneering technologies such as machine learning, natural language processing, computer vision, and robotics. Blackridge Partners has pioneered applications in autonomous vehicles, predictive analytics, personalized medicine, and virtual assistants, driven by meticulous due diligence and expert research.

Blackridge Partners Ltd. has recognized 24 AI advancements, including:

Autonomous Delivery Systems.

Predictive Maintenance Solutions.

Fraud Detection Algorithms.

Smart Grid Optimization Systems.

Remote Assistance via Augmented Reality Apps.

This strategic investment project demonstrates Blackridge Partners Ltd.’s dedication to being at the forefront of technical innovation while providing outstanding value to its stakeholders. Using AI-driven insights, the company hopes to capitalize on emerging trends and gain key positions in high-growth areas.

Blackridge Partners Ltd. offers a wealth of experience and expertise. Our team consists of finance professionals with a top-tier mindset, specializing in providing sophisticated investment advice and services to individuals, corporate foundations, and financial institutions. For further information about Blackridge Partners Ltd. and its AI-driven investing ideas, don’t hesitate to get in touch with us using the information below:

Contact:

Austin Chun Yeung – Financial Assets Manager
Website: https://blackridgepartnersltd.com
Email: 385005@email4pr.com
+85258030909
Address: 2410 Fortis Bank Tower, 77-79 Gloucester Road, Wan Chai, HK

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SOURCE Blackridge Partners Ltd.