March 28, 2025 - 05:06
Cognizant Technology Solutions has entered into a strategic partnership with ServiceNow to introduce an innovative AI-powered dispute management solution aimed specifically at mid-market banks. This collaboration seeks to enhance customer satisfaction and streamline operations within the banking sector, addressing common challenges faced by these institutions.
Despite the promising nature of this initiative, Cognizant's share price experienced a 2% drop last week. This decline appears to be part of a broader market trend, influenced by recent news regarding tariffs and a 0.4% fall in major indices such as the S&P 500 and the Nasdaq Composite. The fluctuations in the stock market reflect growing uncertainty surrounding U.S. trade policies, which have created a cautious atmosphere among investors.
As Cognizant and ServiceNow work to provide solutions that could significantly impact the banking industry, market reactions highlight the volatility that often accompanies new partnerships and innovations in the tech sector.
June 7, 2025 - 20:23
Yageo Corp. to Retain Shibaura's AI Technology in Japan Following AcquisitionTaiwan`s Yageo Corp. has announced its intention to maintain the advanced artificial intelligence technology of Shibaura Electronics Co. in Japan, contingent upon a successful acquisition of the...
June 7, 2025 - 00:28
Pankaj K. Jha Awarded NSF Grant for Quantum Technology ResearchPankaj K. Jha, a prominent professor in the field of quantum technology, has recently been awarded a significant grant from the National Science Foundation (NSF) to further his research on...
June 6, 2025 - 01:39
Utilizing Smart Manufacturing Technology for the Next Generation of CNC MachinistsIn an era marked by rapid technological advancements, the manufacturing industry faces a pressing challenge: bridging the skills gap in the workforce. As smart manufacturing technologies continue...
June 5, 2025 - 09:18
FDA Greenlights Innovative AI Tool for Enhanced Breast Cancer DetectionA groundbreaking development in breast cancer detection has received approval from the FDA. This new AI technology, created by a pioneering tech company, marks the first instance of an FDA-approved...