Finance stories

Australia pauses AI regulation plans amid safety concerns
Today
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data protection
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privacy
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human rights
The Australian Government's suspension of mandatory AI regulations raises alarms for Electronic Frontiers Australia, which warns of risks to safety and rights.

User-governed AI will help CFOs take the lead
Last week
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digital transformation
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genai
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ai
A new wave of user-governed AI is emerging in finance, allowing CFOs to enhance oversight and control while streamlining processes and improving accuracy.

Revolut launches local EUR accounts for Australians
Last week
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cryptocurrency
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fintech
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blockchain
Revolut has unveiled local EUR accounts for Australian customers, streamlining payments and enhancing financial management for businesses and travellers.

Beyond Key wins national export excellence award in India
Last week
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data analytics
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digital transformation
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supply chain & logistics
Beyond Key has clinched the National Export Excellence Award in India, acknowledging its significant contributions to global software exports and innovation.

AI investments struggle to deliver expected productivity boosts
Last week
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hcm
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partner programmes
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genai
A recent survey by Gartner indicates that only 37% of teams using traditional AI see productivity boosts, with generative AI trailing at 34%, sparking concerns among CFOs.

Fail fast, succeed faster: The CFO’s take on marketing
This month
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fintech
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martech
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finance
Senior leaders in marketing are urged to embrace a fail-fast mentality, breaking down silos and proving marketing's impact on business, says a CFO expert.

ANNA Money launches AI tax tool for sole traders and limited companies
This month
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payment technologies
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tax
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entrepreneur
ANNA Money has launched its new AI-powered tax solution +Taxes, targeting sole traders and limited companies, attracting hundreds of sign-ups in just two weeks.

Hitachi Vantara unveils AI-ready infrastructure for diverse sectors
This month
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storage
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uc
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genai
Hitachi Vantara has launched the Hitachi iQ M Series, a modular AI-ready infrastructure solution promising to optimise costs and boost efficiency in AI workloads.

Siu Wei Lee named Sales Director for Asia Pacific at DataSnipper
This month
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data analytics
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digital transformation
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microsoft
DataSnipper has appointed Siu Wei Lee as Sales Director for Asia Pacific and Japan, strengthening its global expansion amid a £1 billion valuation.

PvX Partners secures USD $3.8m for app growth financing
This month
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ai
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investment
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ml
PvX Partners has secured USD $3.8 million in seed funding from Play Ventures and General Catalyst to enhance growth in consumer and gaming apps.

Syrenis appoints new leadership to drive growth strategy
This month
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data protection
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data privacy
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cfo
As Syrenis marks its 25th anniversary, it announces key leadership appointments, aiming for expansion amidst rising data privacy demands in the tech industry.

Atturra acquires Kitepipe in USD $3.15 million deal
This month
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partner programmes
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managed services
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boomi
Atturra has secured the acquisition of Project Delivery Services LLC, known as Kitepipe, for USD $3.15 million, enhancing its Boomi service capabilities.

How finance teams can catch fraud early and increase audit efficiency
This month
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risk & compliance
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genai
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ai
Finance teams are urged to enhance fraud detection and audit efficiency as businesses face increasing revenue losses and evolving tactics amidst economic pressures.

DDoS attacks surge by 550% in 2024 due to AI & tensions
Last month
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uc
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firewalls
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ddos
DDoS attacks soared by 550% in 2024, primarily fuelled by geopolitical tensions and AI advancements, with the EMEA region bearing the brunt of incidents.

MongoDB acquires Voyage AI to boost data retrieval accuracy
Last month
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ai
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healthtech
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ml
MongoDB has acquired Voyage AI, enhancing its data retrieval capabilities for AI applications, crucial for sectors like healthcare and finance.

LayerZero partners with Rayls to enhance blockchain finance
Last month
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cryptocurrency
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blockchain
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defi
Rayls has partnered with LayerZero to enhance cross-chain connectivity for financial institutions, aiming to integrate traditional finance with decentralised finance.

Grapple to acquire Spenda portfolio, boosting SME finance
Last month
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market
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growth
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sme
Grapple plans to acquire Spenda's invoice finance portfolio, aiming to enhance its presence in the booming Australian SME market.

BlackLine boosts operations with Bangalore office expansion
Last month
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digital transformation
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engineering
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blackline
BlackLine has expanded its office in Bangalore, adding 50,000 square feet to improve customer support and drive product innovation in India.

DDoS attacks surge by 82% as IoT & AI fuel threats
Last month
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saas
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uc
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firewalls
DDoS attacks have surged by 82% in a year, with 165,000 incidents reported in 2024, driven largely by IoT devices and AI advancements.

Over 75% of firms faced FX losses without hedging in 2024
Last month
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risk & compliance
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research
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forex
Research by MillTechFX reveals that over 75% of firms faced losses from unhedged foreign exchange risks in 2024, prompting strategic adjustments in hedging.