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

Latest news - Page 12

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Study shows 77% of firms replace tech based on age, not use
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cleantech
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sustainability
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e-waste
A new study reveals 77% of firms in the US and UK replace technology purely based on age, leading to unnecessary costs and e-waste concerns.
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New study calls for a human-first approach in AI workplaces
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digital transformation
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data science
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ai
A new study by Unit4 advocates a human-first strategy for creating AI-driven workplaces, highlighting the need for cultural shifts and expert roles.
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Extend unveils Bill Pay to boost virtual card invoice payments
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payment technologies
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accounts payable
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expense management
Extend has launched a new Bill Pay feature to enhance invoice payments for businesses, leveraging virtual cards for improved security and cash flow management.
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CybaVerse secures GBP £1.1m funding & new leadership
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advanced persistent threat protection
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partner programmes
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cybersecurity
CybaVerse has secured over GBP £1.1 million in funding and expanded its leadership team, aiming to enhance cyber security for SMEs.
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Study reveals severe security flaws in finance software
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application security
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risk & compliance
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cybersecurity
A study by Veracode reveals that 76% of financial applications have unresolved security flaws, posing significant risks to organisations and their customers.
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Ben Sekhon named regional VP for OutSystems UK & Ireland
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low-code
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genai
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ai
Ben Sekhon has been appointed Regional Vice President for the UK and Ireland at OutSystems, focusing on AI-driven strategic growth in the region.
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NIS2 compliance puts financial strain on EMEA firms
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digital transformation
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risk & compliance
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cybersecurity
New NIS2 directives are imposing hefty financial strains on EMEA firms, with 95% reallocating budgets to tackle compliance costs.
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UK credit card loyalty wanes amid high interest rates
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bnpl
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debit & credit cards
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millennials
UK consumers are losing credit card loyalty as high interest rates exacerbate debt struggles, with many facing payment difficulties for the first time.
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UK labour market shifts: AI impact, skills demand rise
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data analytics
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martech
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cdp
Magnit's latest report reveals the UK's labour market is evolving due to AI and onshoring, with salary increases in key skills and significant job competition.
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LG Electronics posts record Q3 revenue despite challenges
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consumer electronics
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economy
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revenue
LG Electronics has achieved record third-quarter revenue of AUD $24.23 billion amidst ongoing global economic challenges.
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Taoshi unveils Glitch, aiming to democratise AI trading
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saas
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data protection
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paas
Taoshi has launched Glitch, an innovative SaaS platform designed to offer advanced AI-driven trading strategies to retail investors worldwide.
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Trend Micro hosts Pwn2Own Ireland to tackle AI risks
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storage
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cloud security
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smart home
Trend Micro has launched the Pwn2Own Ireland contest to uncover vulnerabilities in AI-enabled consumer devices, supported by Meta, Synology, and QNAP.
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Fujitsu unveils advanced AI service for business efficiency
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paas
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iaas
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genai
Fujitsu has launched its Kozuchi AI Agent, designed to autonomously participate in meetings and analyse data to enhance business operations.
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UK Govt budget announcement draws mixed responses from tech leaders
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it training
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quantum computing
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ai
The UK government's budget announcement has drawn mixed reactions from tech leaders, with concerns over a lack of investment in AI and quantum computing.
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Extend unveils Bill Pay to streamline invoice payments
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fintech
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payment technologies
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cloud services
Extend has launched its Bill Pay feature, allowing businesses to settle invoices securely using virtual cards, enhancing accounts payable processes.
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NICE recognised as leader in 2024 Gartner Magic Quadrant
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uc
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cx
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martech
NICE has been named a Leader in the 2024 Gartner Magic Quadrant for Contact Centre as a Service, marking its tenth consecutive year in this position.
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Marqeta partners with Klarna & Affirm for BNPL marketplace
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cryptocurrency
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fintech
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cx
Marqeta, in partnership with Klarna and Affirm, has launched Marqeta Flex, a new BNPL marketplace enhancing consumer access to tailored credit options.
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Infosys finds only 2% of companies ready for AI integration
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partner programmes
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risk & compliance
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ai
A new report reveals that 98% of global companies are unprepared for AI integration, highlighting significant gaps in technology and workforce readiness.
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IBM expands Apptio software availability on Azure Marketplace
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digital transformation
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microsoft
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ibm
IBM is integrating its Apptio portfolio into Microsoft Azure, expanding software availability on the Azure Marketplace to 14 more countries.
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Scott Armul promoted to EVP at Vertiv for 2025
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ai
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leadership
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vertiv
Vertiv has promoted Scott Armul to Executive Vice President of Global Portfolio and Business Units, effective 1 January 2025, to lead growth strategies.