Accenture has announced plans to acquire a majority stake in operational technology cybersecurity specialist Dragos alongside full ownership of runZero and NetRise, as it bets $4.175bn on defending the world's critical infrastructure against AI-driven threats.
The combined transaction, covering all three companies, is valued at approximately $4.175bn, subject to customary purchase price adjustments. The deals are expected to close in...
SailPoint, a Nasdaq-listed enterprise identity security company, has announced plans to acquire Tel Aviv-based Entro, a specialist in non-human identity (NHI) and credentials security, in a move set to significantly expand its recently launched Agentic Fabric platform.
The deal will bring Entro's technology directly into SailPoint's platform, providing out-of-the-box coverage for more than 1,000 NHI and agent types alongside the...
Mollie, a fast-growing European financial services provider, has become fully operational across all 30 European Economic Area countries and is committing €350m over the next five years to deepen its presence across the region.
The investment will fund expansion of Mollie's product range, services, infrastructure and workforce across EEA markets outside of the Netherlands, its home country, and the UK,...
Data fragmentation continues to be a significant challenge faced by the wealth management sector. While many are looking to improve their infrastructure and move towards a unified data layer, what exactly does that look like? Advisors across the industry are still stuck with time-consuming admin work that limits their capacity to handle high-value tasks, such as fostering relationships. A recent...
Twenty7tec, a mortgage and WealthTech solutions provider, has expanded its integration with financial planning tool FinCalc through new functionality built into its ADVICE platform. The update removes the need for advisers to conduct manual searches across separate systems when moving between client management and financial planning activities. By establishing a more joined-up workflow between the two platforms, the enhancement aims...
Corgi Insurance, a fast-growing InsurTech platform serving startups and emerging businesses, has announced a partnership with Silicon Valley Bank, a division of First Citizens Bank, that will give SVB clients direct access to its digital insurance products and risk management tools. Through the tie-up, Silicon Valley Bank will connect its clients to Corgi's AI-native platform, enabling founders and operators to...
Marine Federal Credit Union (Marine FCU), a credit union serving over 85,000 members across the southeastern United States, has announced a partnership with InvestiFi, a provider of digital investment solutions for financial institutions, to bring integrated investing capabilities directly into its digital banking platform. Through the collaboration, Marine FCU members will gain access to a range of investment options, including...
Four Swiss regional cantonal banks, Basellandschaftliche Kantonalbank, Basler Kantonalbank with Bank Cler AG, St. Galler Kantonalbank AG and Thurgauer Kantonalbank, have selected Avaloq, a banking technology provider, to overhaul their mobile banking services for approximately one million clients. The four institutions jointly assessed and selected Avaloq following a collaborative review of technology partners best suited to their digitalisation strategies. Migration...
Artificial intelligence is no longer a side project in banking. It is becoming the engine reshaping how institutions operate, how advisers work and how clients experience financial services. But the real barrier to scaling AI lies deeper than the tools themselves. Much of the industry still runs on technology foundations built decades ago, and systems designed for batch processing and...
Apis Partners, a private equity firm focused on tech-enabled financial infrastructure businesses, has committed $50m to BIPO, a Singapore-headquartered payroll and HR platform, to fund international expansion, mergers and acquisitions, and the build-out of embedded financial services.
The capital injection will be used to accelerate BIPO's push into key international markets, particularly emerging and high-growth economies, while also funding targeted...
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