CORNELIUS, N.C., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD) today announced a landmark agreement with DXC Technology, a global leader in IT services and digital transformation, to deploy financial services kiosks serving underbanked consumers across the United States. The partnership’s initial deployment phase will begin with a national retailer, with additional multi-retailer expansion expected as the rollout progresses. The initial phase includes approximately 119 kiosks s ...

Core Insights - DXC Technology has launched AdvisoryX, a global advisory and consulting group aimed at helping enterprises tackle complex strategic, operational, and technology challenges [1][3] - A new global study by DXC reveals significant contradictions in how organizations prioritize and operationalize AI, indicating that while AI is a board-level priority, many lack the necessary business case and governance to achieve results [1][3] AI Execution Challenges - 94% of enterprises face execution challenges with AI, and many pilots fail to scale due to a lack of optimized data, clear business cases, and aligned leadership [2][5] - Two-thirds of organizations do not have a clear business case for AI, suggesting that adoption is often driven by external pressure rather than strategic outcomes [3][5] Future of AI in Organizations - By 2028, 81% of leaders expect AI to increase workforce demand, particularly in IT, data, cybersecurity, and software development, indicating a significant shift in roles and skills [6] - 50% of leaders anticipate hybrid models where AI operates with partial autonomy, while only 15% expect fully autonomous AI in the near term [6] AdvisoryX's Integrated Solutions - AdvisoryX offers five integrated solutions designed to support the full lifecycle of AI adoption, including AI Core, AI Reinvent, AI Interact, AI Validate, and AI Manage [4][12] - These solutions aim to bridge the gap between immediate operational gains and long-term strategic goals, enabling organizations to manage risk and deliver sustainable value [8] Brand Identity and Corporate Strategy - DXC Technology is introducing a refreshed global brand identity that reflects its alignment with an AI-driven future and its commitment to helping enterprises modernize and transform [9][10] - The new brand identity emphasizes simplicity, precision, and purpose, reinforcing DXC's role as a trusted partner in navigating exponential change [10]

Core Points - DXC Technology Company announced plans to redeem €650 million of its 1.750% Senior Notes due January 2026 and partially redeem $300 million of its 1.800% Senior Notes due September 2026 [1][2] Group 1: Redemption Details - The redemption notice for the 2026 Euro Notes and 2026 USD Notes will be issued on December 9, 2025, with redemption dates set for December 24, 2025, and December 19, 2025, respectively [2] - The redemption price for the 2026 Euro Notes will be 100% of the principal amount plus accrued and unpaid interest up to the redemption date, after which the notes will no longer be outstanding [3] - The redemption price for the 2026 USD Notes will also be 100% of the principal amount, plus a make-whole premium and accrued interest, with interest ceasing to accrue after the redemption date unless DXC defaults [4] Group 2: Company Overview - DXC Technology is a leading global provider of information technology services, partnering with innovative organizations to build solutions that advance industries and companies [6] - The company focuses on simplifying, optimizing, and modernizing systems and processes, integrating AI-powered intelligence, and prioritizing security and trust in its operations [6]

Core Insights - DXC Technology and Aptys Solutions have formed a strategic partnership aimed at modernizing payments and simplifying connections for financial institutions [1][2] - The collaboration will enhance efficiency, reduce operational risk, and improve customer experiences for financial institutions [1] Partnership Details - Aptys Solutions offers a unified payments platform that includes ACH, wire, instant payments, image exchange, and digital channels, along with fraud controls and funds management tools [2] - DXC will integrate Aptys' payments capabilities with its banking transformation portfolio, allowing financial institutions to streamline payment processing and improve system interoperability [2] Market Impact - The partnership aims to democratize access to advanced banking innovations for financial institutions of all sizes, particularly benefiting community banks and credit unions that typically lack access to cutting-edge capabilities [3] - Financial institutions will gain access to DXC's modernization stack, which includes embedded finance, digital assets, and AI-driven services through Aptys' platform [3] Strategic Approach - The partnership focuses on a phased approach to modernization, combining Aptys' modern payments infrastructure with DXC's expertise in core banking [4] - The collaboration will enable direct bank-to-bank processing, allowing institutions to capture more value from their payments infrastructure and reduce reliance on intermediary fintech services [4] Future Developments - The initial phase will concentrate on core payments API transactions, with plans to expand into digital wallets, custody, and wealth management services in future phases [5] - The partnership is designed to provide the scale and reliability needed for financial institutions to modernize confidently while maintaining trust in payment relationships [5]

Core Insights - DXC Technology has appointed Russell Jukes as Chief Digital Information Officer (CDIO), marking a significant step in leading the company's digital and AI transformation efforts [1][2][4] Company Overview - DXC Technology is recognized as a leading enterprise technology and innovation partner, providing software, services, and solutions to global enterprises and public sector organizations [6] Leadership and Strategy - Russell Jukes has been with DXC since 2017 and has played a crucial role in shaping the company's digital strategy and technology capabilities, including overseeing modernization across platforms and applications [2][4] - As CDIO, Jukes will unify digital, information, and AI transformation agendas, reflecting a broader industry trend where digital leaders manage AI investments while technology leaders maintain critical environments [3][4] AI and Digital Transformation - The appointment of Jukes aligns DXC's digital, data, and technology capabilities to enhance enterprise-scale AI, with a focus on advancing the company's Human+ ways of working [4][5] - Jukes aims to build on the momentum of DXC's AI framework, Xponential, which simplifies large-scale AI adoption [2][5]

Core Insights - DXC Technology announced the successful migration of 732,000 policies to the DXC Assure Platform for ivari, a Canadian life insurance company, resulting in a 22 percent reduction in operating costs and the launch of four new products [1][1][1] - The migration enhances scalability, resilience, and security, allowing ivari to streamline operations and accelerate time to market for new life insurance products [1][1][1] - The partnership with DXC enables ivari to modernize its core systems while maintaining service continuity for policyholders and distribution partners [1][1][1] Company Overview - DXC Technology is a leading global provider of information technology services, specializing in helping organizations modernize their systems and processes [1][1][1] - The company has over 40 years of experience in insurance innovation and serves many of the world's leading insurers, including 21 of the top 25 carriers [1][1][1] - DXC's offerings include insurance software and business process services that facilitate cloud migration and digital-first experiences for policyholders and distribution partners [1][1][1] Industry Context - The life insurance market is undergoing rapid changes, necessitating modernization of core systems to remain competitive [1][1][1] - The collaboration between DXC and AWS is aimed at driving cloud-enabled modernization across the insurance industry [1][1][1] - The successful migration and operational improvements achieved by ivari serve as a model for other insurers looking to embrace a cloud-powered future [1][1][1]

Core Points - DXC Technology Company announced the pricing of €650,000,000 of 4.250% Senior Notes due 2030, priced at 99.784% of the aggregate principal amount [1][2] - The offering is expected to close on December 9, 2025, subject to customary conditions [1] - The net proceeds will be used to repay existing indebtedness and for working capital and general corporate purposes [2] Company Overview - DXC Technology is a leading global provider of information technology services, partnering with innovative organizations to build solutions that advance industries [5] - The company focuses on simplifying, optimizing, and modernizing systems and processes, integrating AI-powered intelligence, and prioritizing security and trust [5]

Core Points - The TCS-DXC technology case involves a trade-secret lawsuit where Tata Consultancy Services (TCS) was found liable for misappropriating trade secrets from Computer Sciences Corporation (CSC), now part of DXC Technology [4][5][13] Summary by Sections Legal Proceedings - CSC alleged that TCS accessed its confidential materials while working for Transamerica and used this information to secure a $2.6 billion contract and expedite the development of its BaNCS platform [3][4] - The US district court ruled against TCS, awarding $56 million in compensatory damages and $112 million in punitive damages, which the appeals court upheld [6][8] Financial Implications - TCS is required to make necessary provisions in its financial statements to reflect the expected outflow due to the court ruling [10] - The financial impact, while significant, is considered a low single-digit percentage hit relative to TCS's annual profits, indicating it will not jeopardize the company's solvency [11] Brand and Market Perception - The ruling has raised concerns about TCS's brand credibility, especially given the finding of willful and malicious conduct [13][15] - Despite the legal challenges, clients are expected to focus on TCS's delivery record and security measures rather than solely on litigation outcomes [16][18] Industry Context - Trade-secret disputes are common in the IT sector, but serious verdicts against top-tier firms are rare, signaling the need for stringent internal controls [19][24] - The case emphasizes the importance of clear policies regarding the use of client information and the risks associated with rebadging employees [21][23]

Core Viewpoint - Tata Consultancy Services (TCS) faced a ruling from the US Court of Appeals for the Fifth Circuit, which upheld a previous damages decision amounting to $194 million in a trade secrets dispute with Computer Sciences Corporation (CSC), now part of DXC Technology Company [1][3]. Group 1: Court Ruling and Damages - The Appeals Court confirmed the District Court's decision on damages, which includes $56,151,583 in compensatory damages and $112,303,166 in exemplary damages [5]. - Additionally, TCS is liable for $25,773,576 in prejudgment interest as of June 13, 2024 [5]. - The court vacated an earlier injunction and instructed the District Court to reassess the injunction order based on the Appeals Court's guidance [2][3]. Group 2: Company Response and Future Actions - TCS stated that the judgment will not adversely impact its financials or operations and plans to make necessary provisions in its financial statements [5][6]. - The company is exploring options for review and appeal before appropriate courts to defend its position [6].

Core Insights - DXC Technology has successfully migrated over two million property and casualty policies for Brethren Mutual to the DXC Assure P&C Policy solution, marking a significant milestone in their digital transformation journey [1][2][4] Group 1: Digital Transformation - The migration enables Brethren Mutual to streamline operations, accelerate speed to market, and enhance agility and innovation, which are essential in the competitive insurance landscape [2] - DXC converted 10 years of policy data over a single weekend, ensuring Brethren Mutual was fully operational by the next business day [4] Group 2: Technology Integration - The Assure P&C Policy platform features a robust API framework that allows seamless integration with customer-specific applications, improving operational efficiency and service delivery [4] - By adopting the full suite of DXC's Assure solutions, Brethren Mutual is realizing synergies across its technology stack, enhancing security, and providing modern digital experiences [3] Group 3: Strategic Partnership - DXC's commitment to helping customers maximize their IT infrastructure investments is demonstrated through Brethren Mutual's successful implementation of Assure solutions [5] - The partnership positions Brethren Mutual for scalable growth and continued innovation in the insurance sector [5]