TechDay UK - The United Kingdom's technology news network

Finance stories

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Advanced launches with $25 million to boost startups
Yesterday
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fintech
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software
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tax
Advanced launches with $25m to fund Australian startups by advancing R&D Tax Incentive refunds, aiming to boost economic impact and innovation growth.
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Finance pros boost productivity with AI but face ROI doubts
Yesterday
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digital transformation
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fintech
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data privacy
Two-thirds of finance pros in the UK and US use AI daily to boost productivity, yet many struggle to measure its ROI effectively, says new Emburse report.
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UK marketing leads AI adoption, legal sector hesitant
Yesterday
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hcm
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ai
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customer service
UK marketing teams lead AI adoption with just 2% resistance, while legal professionals show the highest scepticism at 19%, reveals Freshworks report.
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BillingPlatform launches BP Copilot, an AI assistant for billing
2 days ago
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saas
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data analytics
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digital transformation
BillingPlatform launches BP Copilot, an AI assistant that simplifies cloud billing management by enabling natural language queries and real-time reporting for enterprises.
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Krenovator secures seed funding to expand Southeast Asia tech hub
4 days ago
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uc
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digital transformation
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supply chain & logistics
Krenovator, a Malaysia-based AI tech talent platform, has secured seed funding from Ignite Asia to expand its reach across Southeast Asia and beyond.
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Durata expands leadership to drive growth in data centre sector
Last week
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edge computing
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partner programmes
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displays & projectors
Durata expands senior leadership, adding three directors to boost growth in the global critical power and data centre sectors amid AI-driven demand surge.
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Endava partners with OpenAI to drive enterprise growth
Last week
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uc
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digital transformation
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ai
Endava formalises its partnership with OpenAI, joining the Beta Services Partner Program to advance AI-driven business transformation globally.
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ATO reporting changes from 1 Jan 2025: Streamlining Australian Local File process
Last month
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ato
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finance
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tax strategy
From 1 Jan 2025, Australian CbCREs must use ATO's streamlined LCMSF V 4.0 for local file reporting, enhancing consistency and risk detection in tax compliance.
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CFOs face challenges turning AI investments into business profits
Last month
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digital transformation
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fintech
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partner programmes
A study reveals 71% of global CFOs struggle to monetise AI despite recognising its critical role, with only 29% having effective revenue models in place.
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Lattica secures $3.25 million to boost private AI with FHE
Last month
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firewalls
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data protection
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encryption
Lattica exits stealth with $3.25m in funding to pioneer practical Fully Homomorphic Encryption for secure, cloud-based AI in sensitive sectors.
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AI in ANZ finance faces growth gap due to team silos
Last month
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data analytics
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digital transformation
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fintech
Finance leaders in Australia and New Zealand are adopting AI for efficiency but miss growth potential due to limited collaboration between finance and IT teams.
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Jenny Decker joins Tempo as new Chief Financial Officer
Last month
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saas
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ipo
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cfo
Tempo appoints Jenny Decker as new CFO, leveraging her 15+ years in SaaS to steer global finance and operations from San Francisco.
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Virgin Atlantic launches AI apprenticeship for all staff
Last month
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digital transformation
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ai
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cleantech
Virgin Atlantic launches 'AI Champion' apprenticeship for all staff, boosting AI skills across roles with support from education tech firm Cambridge Spark.
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Why finance teams can’t afford to ignore shifting spend trends and artificial intelligence innovation
Last month
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ai
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future of business
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finance
As employee spending habits shift due to hybrid work, finance teams must leverage AI to modernise spend management and mitigate growing financial risks.
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Oracle's cloud boosts efficiency for construction giants
Last month
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devops
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digital transformation
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cx
Oracle has revealed that major engineering firms including Black & Veatch and WSP Global are using its Fusion Cloud Applications to boost operational efficiency.
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Google Cloud Canada grows with focus on AI and sovereignty
Last month
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edutech
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uc
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encryption
Google Cloud is expanding in Canada with a strong focus on AI, data sovereignty, and local partnerships, looking to serve a diverse range of sectors.
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AI in workplace tech: Challenges of client confidentiality
Last month
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data protection
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physical security
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risk & compliance
The integration of AI in workplace tools poses significant privacy risks, prompting businesses to reassess their compliance with client confidentiality obligations.
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Kiteworks unveils Private Data Network for data security
Last month
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saas
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storage
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data protection
Kiteworks has unveiled its Private Data Network, designed to enhance security and compliance in sensitive data exchanges across digital channels.
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DAS unveils 3D mapping for rural property sector insights
Last month
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cleantech
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sustainability
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climate change
Geospatial technology firm DAS has launched a groundbreaking 3D mapping solution aimed at enhancing visualization of land for rural and regional property markets.
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Payhawk debuts revolutionary AI office for finance teams
Last month
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digital transformation
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fintech
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financial systems
Payhawk has unveiled the AI Office of the CFO, a new suite of AI agents aimed at enhancing finance teams' efficiency by automating critical tasks.