TechDay New Zealand - Aotearoa's technology news network

Finance stories - Page 3

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Cyber threats to Microsoft 365 via HTTP client tools surge
Tue, 11th Feb 2025
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advanced persistent threat protection
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cybersecurity
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microsoft
A recent report by Proofpoint reveals that 78% of Microsoft 365 users faced account takeovers, with attackers adeptly using HTTP client tools like Axios.
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British firms grapple with outdated finance technology
Thu, 6th Feb 2025
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accounts payable
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automation
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finance
New research reveals that 55% of British finance departments still rely on outdated OCR technology, causing productivity and accuracy issues.
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AI & process intelligence vital for business leaders
Wed, 5th Feb 2025
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digital transformation
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ai
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data insights
A new report by Celonis reveals that 89% of business leaders believe AI must integrate with Process Intelligence to optimise operational efficiency.
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Ciphr launches innovative cloud-based payroll software
Wed, 5th Feb 2025
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digital transformation
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hcm
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workforce management
Ciphr has launched its new cloud-based payroll software, Ciphr payroll, designed to streamline processes for UK businesses and reduce manual tasks.
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Anchor raises USD $20m to transform SMB invoice process
Mon, 3rd Feb 2025
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fintech
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payment technologies
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smb
Anchor has successfully raised USD $20 million in Series A funding to combat late payments for U.S. small businesses, boosting growth and efficiency.
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Yavrio raises USD $2.4m to streamline ERP systems
Sat, 1st Feb 2025
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digital transformation
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fintech
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erp
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.
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Cyber threats surging for finance & insurance sectors
Fri, 31st Jan 2025
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malware
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ransomware
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phishing
ReliaQuest's latest report reveals a staggering 32% rise in ransomware cases targeting finance and insurance firms, with attackers moving significantly faster in 2024.
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UK firms reluctant to report ransomware incidents, says study
Fri, 31st Jan 2025
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ransomware
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phishing
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email security
A report by Illumio reveals that 73% of UK organisations hesitate to report ransomware incidents, citing fears of exposure and financial repercussions.
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DeepSeek: The AI game changer shaping the future of innovation
Thu, 30th Jan 2025
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cx
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martech
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data privacy
DeepSeek is making waves in the AI sector with its new DeepSeek-R1 model, reshaping innovation by making advanced technology more accessible and efficient.
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CIBC invests GBP £5m in Infinity for product development
Thu, 30th Jan 2025
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cx
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martech
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cdp
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.
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DYOR partners Ava Labs amid drastic Avalanche fee cuts
Wed, 29th Jan 2025
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cryptocurrency
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blockchain
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defi
DYOR has partnered with Ava Labs to enhance the Avalanche blockchain experience, capitalising on a dramatic 96% cut in gas fees.
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Washington firms embrace outsourced finance solutions
Thu, 23rd Jan 2025
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data analytics
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ai
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outsourcing
Businesses in Washington are turning to outsourced finance solutions to boost efficiency, reduce costs, and harness innovation, according to IBN Technologies' CEO.
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Abnormal Security appoints new CFO ahead of public listing
Thu, 23rd Jan 2025
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saas
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ai
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cybersecurity
Abnormal Security has appointed Lisa Banks as Chief Financial Officer as it gears up for an initial public offering, aiming for over USD $1 billion in annual revenue.
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Finance leaders cite limited budget access as growth barrier
Wed, 22nd Jan 2025
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financial systems
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collaboration
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customers
A survey by Soldo shows that 88% of UK finance leaders believe restricted budget access is hindering business growth and employee productivity.
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Caseware acquires Australian AI startup Extractly.ai
Wed, 22nd Jan 2025
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document management
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data analytics
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ecm
Caseware has acquired Australian AI startup Extractly.ai, known for its intelligent document processing, enhancing its presence in the audit technology sector.
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How agentic automation will reshape Australian industries in 2025
Tue, 21st Jan 2025
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genai
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ai
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ai ethics & governance
As Australia prepares for 2025, agentic automation is set to revolutionise industries, enhancing productivity and collaboration through advanced AI capabilities.
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Everyday People Financial settles debt with share issue
Tue, 21st Jan 2025
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shares
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revenue management
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financial services
Everyday People Financial plans to issue 2,439,024 common shares to EAM Enterprises, settling USD $2 million of debt in a strategy to enhance liquidity.
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Edge Total Intelligence secures CAD $5m private placement
Tue, 21st Jan 2025
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digital twins
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ai
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agentic ai
Edge Total Intelligence has successfully raised CAD $4,999,490 through a private placement, aiming to enhance its AI-powered Digital Twins technology.
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Quantum computing remains distant despite advancements
Tue, 7th Jan 2025
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paas
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encryption
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iaas
A Forrester report reveals that while quantum computing has made strides, practical applications remain a decade away due to persistent challenges.
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Mail Metrics acquires Adare SEC, boosts UK market presence
Tue, 7th Jan 2025
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public sector
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investment
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ey
Mail Metrics has acquired Adare SEC, its fourth purchase in four years, expanding its workforce and boosting UK revenue projections to GBP £175 million.