ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push

# ServiceNow Invests $40 Million in Indian Banking Software Company ServiceNow, a major software company, is putting $40 million into BusinessNext, an Indian firm that specializes in banking software, to help both companies reach more financial institutions around the world. The partnership will focus on using AI technology to make banking software smarter and more efficient. Think of it as ServiceNow using this investment to muscle into the competitive financial services software market, where banks increasingly need AI tools to manage their operations.