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

Latest news - Page 2

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Financial sector sets new baseline guidance for Gen-AI risks
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data protection
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data privacy
The CMORG AI Taskforce, with City of London and UK Finance, publishes new AI Baseline Guidance to help financial firms manage generative AI risks across operations and compliance.
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Report finds legacy tech & budgets hinder UK public sector AI
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uc
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data protection
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digital transformation
A report finds UK public sector hampered by legacy tech and budget limits, delaying AI adoption and digital transformation despite rising citizen expectations.
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UK accountancy firms cautious on fully embracing cloud IT shift
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data protection
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dr
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digital transformation
Over a third of UK accountancy firms adopt hybrid IT, balancing cloud and legacy tech, with many cautious about fully embracing digital transformation in 2025.
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New report shows AI adoption rising in localisation workflows
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cx
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martech
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ai
A study by Lokalise reveals 55% of European and North American businesses use AI in localisation, blending it with human oversight to boost revenue and customer satisfaction.
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Coinbase offers USD $20 million bounty after insider data breach
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data protection
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mfa
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fintech
Coinbase says a data breach affected around 1% of users, with cybercriminals demanding a USD $20 million ransom, which was firmly rejected by the firm.
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NTT DATA unveils Smart AI Agent Ecosystem for business growth
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private cloud
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digital transformation
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hyperscale
NTT DATA launches Smart AI Agent Ecosystem to boost business transformation with intelligent automation and industry-specific AI solutions worldwide.
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Global financial leaders awarded for digital risk innovation
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data analytics
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digital transformation
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fintech
Andy Lawrie of Nationwide wins FICO Decision Hero Award for leading credit decision overhaul, boosting efficiency and compliance in financial services.
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Organisations step up digital accessibility ahead of EAA deadline
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devops
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apm
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genai
A new survey reveals 84% of organisations prioritise digital accessibility ahead of the European Accessibility Act deadline in June, despite ongoing challenges.
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UK charities missing out on AI as demand & barriers increase
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data analytics
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data privacy
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ai
Most UK small charities remain hesitant to adopt AI despite growing demand for services and its potential to ease workloads and improve fundraising.
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Financial firms warned data chaos heightens compliance risks
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fintech
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risk & compliance
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ai
New research reveals UK and US financial firms face increased compliance risks due to fragmented data management and rising regulatory demands.
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Half of AI projects falter as enterprises struggle with data readiness
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ai
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data infrastructure
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data governance
Nearly half of enterprises face AI project failures due to poor data readiness, with the UK scoring lowest in AI preparedness amid legacy system challenges.
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Archive360 launches AI-ready cloud platform for data governance
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saas
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data protection
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martech
Archive360 unveils its new data platform designed to govern enterprise archives, boosting AI and analytics with compliant, centralised data access.
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Building trust with conversational AI: How to avoid common pitfalls
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digital transformation
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cx
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martech
Businesses must build trust in conversational AI by setting clear goals, ensuring transparency, reducing bias, and continuously improving customer interactions.
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AVK appoints Sarah King to spearhead sustainability drive
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hyperscale
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dei
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dc
AVK has appointed Sarah King as Head of Corporate Social Responsibility to drive sustainability and social impact initiatives in the data centre sector.
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BioCatch appoints Andreas Dombret to aid global expansion
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hyperscale
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fintech
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data privacy
BioCatch appoints Andreas Dombret as senior advisor to boost global growth and fight financial crime with innovative technology.
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BlackLine unveils new AI agents to boost finance automation
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ai
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agentic ai
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blackline
BlackLine has expanded its AI capabilities to boost financial operations, integrating agentic AI within its platform for faster, smarter accounting processes.
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Scattered Spider & DragonForce target UK retail in new attacks
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ransomware
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cybersecurity
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threat intelligence
Recent UK retail cyber attacks linked to Scattered Spider group and the DragonForce ransomware signal an evolving threat with sophisticated tactics targeting IT infrastructure.
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Kore.ai deepens AWS partnership to boost enterprise AI adoption
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digital transformation
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hyperscale
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cx
Kore.ai teams up with Amazon Web Services to boost enterprise AI adoption, integrating its platform with AWS's cloud for tailored business solutions.
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AI startups lead in Viva Technology list of Europe's top 100
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fintech
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blockchain
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supply chain & logistics
Viva Technology ranks Top 100 Rising European Startups for 2025, spotlighting 15 AI firms among emerging innovators across 22 sectors and 13 countries.
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Infosecurity Europe 2025 explores geopolitics & cyber threats
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advanced persistent threat protection
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cybersecurity
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ncsc
Rory Stewart and NCSC's Paul Chichester headline Infosecurity Europe 2025, focusing on geopolitics' impact on cybersecurity at London event in June.