Finance stories - Page 2

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

Kroll's latest report reveals the healthcare sector was the most targeted by data breaches in 2024, accounting for 23% of all incidents, surpassing finance.

QuSecure has successfully raised USD $28 million in a Series A funding round aimed at bolstering its post-quantum cryptography solutions and client expansion.

Civo has unveiled relaxAI, an innovative AI assistant prioritising privacy, security, and renewable energy in a bid to tackle data governance challenges for UK businesses.

Civo has introduced relaxAI, a new AI assistant prioritising data privacy and powered by renewable energy, starting at GBP £10 per month.

AI agents are set to transform daily life across sectors, optimising everything from smart homes to personalised shopping, according to Raphael Allstadt.

SAP has launched its Business Data Cloud alongside Databricks, aiming to unify enterprise data to enhance decision-making and accelerate AI initiatives.

Oracle NetSuite has unveiled new generative AI features aimed at boosting operational efficiency for businesses across Australia and New Zealand.

Fortra's newly released 2025 cybersecurity survey reveals evolving threats, with 83% of professionals citing phishing as their top concern, alongside rising worries over AI.

monday.com has launched its AI-driven Enterprise Service Management platform, monday service, to enhance operational efficiency for businesses across departments.

A recent report by Proofpoint reveals that 78% of Microsoft 365 users faced account takeovers, with attackers adeptly using HTTP client tools like Axios.

New research reveals that 55% of British finance departments still rely on outdated OCR technology, causing productivity and accuracy issues.

A new report by Celonis reveals that 89% of business leaders believe AI must integrate with Process Intelligence to optimise operational efficiency.

Ciphr has launched its new cloud-based payroll software, Ciphr payroll, designed to streamline processes for UK businesses and reduce manual tasks.

Anchor has successfully raised USD $20 million in Series A funding to combat late payments for U.S. small businesses, boosting growth and efficiency.

Yavrio, a fintech firm in London, has raised USD $2.4 million in seed funding to transform ERP systems by eliminating error-prone CSV file imports.

ReliaQuest's latest report reveals a staggering 32% rise in ransomware cases targeting finance and insurance firms, with attackers moving significantly faster in 2024.

A report by Illumio reveals that 73% of UK organisations hesitate to report ransomware incidents, citing fears of exposure and financial repercussions.

DeepSeek is making waves in the AI sector with its new DeepSeek-R1 model, reshaping innovation by making advanced technology more accessible and efficient.

CIBC Innovation Banking has extended a GBP £5 million corporate debt facility to Infinity, bolstering the call tracking firm’s growth and product development efforts.