Finance stories

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 has unveiled local EUR accounts for Australian customers, streamlining payments and enhancing financial management for businesses and travellers.

Beyond Key has clinched the National Export Excellence Award in India, acknowledging its significant contributions to global software exports and innovation.

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.

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 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 has launched the Hitachi iQ M Series, a modular AI-ready infrastructure solution promising to optimise costs and boost efficiency in AI workloads.

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 has secured USD $3.8 million in seed funding from Play Ventures and General Catalyst to enhance growth in consumer and gaming apps.

As Syrenis marks its 25th anniversary, it announces key leadership appointments, aiming for expansion amidst rising data privacy demands in the tech industry.

Atturra has secured the acquisition of Project Delivery Services LLC, known as Kitepipe, for USD $3.15 million, enhancing its Boomi service capabilities.

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 soared by 550% in 2024, primarily fuelled by geopolitical tensions and AI advancements, with the EMEA region bearing the brunt of incidents.

MongoDB has acquired Voyage AI, enhancing its data retrieval capabilities for AI applications, crucial for sectors like healthcare and finance.

Rayls has partnered with LayerZero to enhance cross-chain connectivity for financial institutions, aiming to integrate traditional finance with decentralised finance.

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

BlackLine has expanded its office in Bangalore, adding 50,000 square feet to improve customer support and drive product innovation in India.

DDoS attacks have surged by 82% in a year, with 165,000 incidents reported in 2024, driven largely by IoT devices and AI advancements.

Research by MillTechFX reveals that over 75% of firms faced losses from unhedged foreign exchange risks in 2024, prompting strategic adjustments in hedging.

A survey by eflow Global reveals 64% of finance executives see technology-driven risks, especially AI, as key compliance challenges for 2024.