CFOtech UK - Technology news for CFOs & financial decision-makers

About Shannon

Shannon Williams mugshot photo
Shannon Williams
News Editor
Shannon is an experienced journalist and editor with a strong interest in technology and the digital world. Her career spans a wide range of sectors, including tech, politics, tourism, transport and climate change, where she brings a sharp editorial eye and an ability to translate complex issues into clear, engaging stories.

Stories by Shannon - Page 55

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UKG & ServiceNow to integrate AI for seamless HR & payroll

Thu, 29th May 2025
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data analytics
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digital transformation
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hcm
UKG and ServiceNow join forces to integrate AI, streamlining HR and payroll to boost productivity and ease administrative burdens across industries.
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AI-driven cyber scams surge as phishing & fake updates rise

Thu, 29th May 2025
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phishing
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physical security
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email security
AI-driven cyber scams soar globally with phishing up 466% and fake browser updates rising 1,700%, exposing millions to data breaches and financial theft.
Stylish uk high street shop with luxury window displays and happy shoppers

Emotional spending boosts local luxury as Brits shun big brands

Thu, 29th May 2025
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instagram
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millennials
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gen z
Shoppers increasingly favour local luxury, with £41 billion spent annually on emotion-driven impulse buys, signalling a shift from big brands to local products.
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Westcon-Comstor hits record USD $5.24 billion sales in FY25

Thu, 29th May 2025
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saas
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digital transformation
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partner programmes
Westcon-Comstor achieved record FY25 sales of USD $5.24 billion, driven by 19.3% growth in cybersecurity and a focus on software and recurring revenues.
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Small firms increase cybersecurity, eye AI adoption in 2025

Thu, 29th May 2025
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data privacy
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ai
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cybersecurity
A survey reveals UK small firms boosted cyber security spending in 2024 and 74% plan to adopt AI in 2025, despite concerns over accuracy and regulation.
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UK executives see AI as key, but only 16% feel ready to lead

Thu, 29th May 2025
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digital transformation
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cx
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martech
While 92% of UK executives see AI's industry impact, only 16% feel ready to lead its adoption, risking their firm's competitive edge.
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UK faces backlash over AI copyright rules from creatives & tech

Thu, 29th May 2025
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physical security
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ai
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copyright
The UK Government faces backlash from creatives and tech leaders over AI copyright rules, amid concerns it favours tech firms at the expense of artists.
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Edge AI deployment enables enterprises to save $2.07 million

Tue, 27th May 2025
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data privacy
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ai
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edge ai
An analysis by Latent AI reveals enterprises could save USD $2.07 million by switching from cloud to edge AI, cutting hardware costs by 92% in 2025.
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Organisations boost AI security as data threats & risks evolve

Fri, 23rd May 2025
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malware
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data protection
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ransomware
Nearly 70% of organisations see rapid AI development, especially generative AI, as their top security concern, urges Thales' 2025 Data Threat Report.
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UK firms extend FX hedge lengths as pound rises against USD

Fri, 23rd May 2025
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risk & compliance
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forex
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finance
Amid tariff-driven volatility and a rising pound, 54% of UK firms lengthen FX hedges, securing financial protection amidst shifting market conditions.
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Growing AI spend challenges firms as ROI confidence lags

Fri, 23rd May 2025
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ai
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cybersecurity
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it budget
CloudZero reveals AI spending in software firms is rising sharply, with budgets set to increase 36% in 2025 amid challenges in evaluating ROI and hiring talent.
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AI agents prompt 62% of UK firms to rethink IT hiring plans

Fri, 23rd May 2025
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digital transformation
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ai
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agentic ai
New research shows 62% of UK firms are revising IT hiring plans as AI agents reshape roles, focusing teams on strategic tasks over routine work.
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EU banks brace for lost interest earnings as SEPA Instant looms

Fri, 23rd May 2025
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banking
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policy
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financial services
Nearly half of European banks expect to lose millions in interest due to new liquidity rules under SEPA Instant Payments Regulation by October 2025.
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Emburse launches global partner community for expense management

Fri, 23rd May 2025
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digital transformation
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fintech
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hcm
Emburse has unveiled a global partner community with 140 organisations to improve expense management for travel and finance professionals worldwide.
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Shadow spend costs UK firms margins as AI offers hope

Fri, 23rd May 2025
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hcm
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supply chain
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ai
Shadow spend drains UK firms' margins, with £1 in every £10 untracked, but AI and automation offer promising solutions to boost spend visibility and control.
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NetApp & NVIDIA join forces to streamline AI data management

Thu, 22nd May 2025
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storage
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data analytics
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digital transformation
NetApp and NVIDIA partner to integrate AI Data Platform into AIPod, enabling secure, scalable AI pipelines and enhanced data management for businesses.
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Younger UK consumers more comfortable with AI in messages

Thu, 22nd May 2025
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cx
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martech
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personalisation
Research by Quadient reveals younger Brits are twice as comfortable as older generations with AI-generated communications, amid calls for greater transparency.
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More than half of UK consumers abandon brands over bad apps

Thu, 22nd May 2025
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cx
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martech
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software
Research by Amplitude shows 58% of UK consumers abandon brands after app glitches, prioritising seamless functionality over sleek design to keep loyalty.
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SurveyMonkey launches Trust Centre as UK firms face AI privacy risks

Thu, 22nd May 2025
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encryption
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iot
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dlp
SurveyMonkey unveils Trust Centre as 40% of UK businesses flag AI as a major GDPR and data privacy challenge amid rising compliance concerns.
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CT: Evolve & AccountsIQ team up to boost UK finance teams

Thu, 22nd May 2025
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data analytics
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digital transformation
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clean technologies
CT: Evolve and AccountsIQ partner to transform UK finance teams through strategic consultancy and cloud-based automation, boosting efficiency and insight.