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

Latest news - Page 257

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Technology leaders prioritise AI despite challenges ahead - IDC

Tue, 11th Jun 2024
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Despite challenges, global tech leaders are prioritising AI to drive growth, with 81% expecting moderate to high growth and 42% prioritising AI investments.
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HSBC & BNY Mellon to pilot Quantexa's new AI technology

Tue, 11th Jun 2024
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HSBC and BNY Mellon join Quantexa's Lighthouse Programme to deploy Q Assist, a context-aware generative AI suite, debuting at London Tech Week to optimise financial services.
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UK consumers uncertain about AI's impact on customer service

Tue, 11th Jun 2024
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Only 32% of UK consumers see AI's potential to enhance customer service, while most are wary of its risks, a CCMA and Odigo study reveals.
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Arch.law acquires Conexus Law to boost international reach

Tue, 11th Jun 2024
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supply chain
In a strategic expansion, arch.law acquires Conexus Law, a data centre sector specialist, including its 14-strong London team, strengthening its global footprint.
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Slack launches new task management tool named lists for users

Tue, 11th Jun 2024
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martech
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Slack has unveiled lists, a new project and task management tool for its paid customers, aimed at centralising and streamlining team workflows.
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NVIDIA to build AI factories and data centres for the next industrial revolution

Tue, 11th Jun 2024
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network infrastructure
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supply chain
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genai
NVIDIA and top computer manufacturers unveil Blackwell-powered AI systems, sparking the next industrial revolution.
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97% of cyber security teams using AI tools, says report

Tue, 11th Jun 2024
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A new Check Point Software report reveals over 97% of security teams are using AI tools, enhancing response rates and reducing data loss amid a critical skills gap.
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Transact Payments rebrands as TransactPay to mark new chapter

Tue, 11th Jun 2024
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clean technologies
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sustainability
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b2b
Transact Payments rebrands as TransactPay after a year-long transformation, aiming to strengthen its position as a premier BIN sponsor in the UK and Europe.
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UK leads Europe in digital FDI growth despite overall decline

Tue, 11th Jun 2024
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cloud services
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investment
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The UK has secured its position as Europe's top destination for digital FDI with 255 projects in 2023, according to EY's latest survey, outpacing the continent amidst a broader decline.
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Lucinity launches AI copilot plug-in at Money2020 Europe

Mon, 10th Jun 2024
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Lucinity unveils an advanced AI copilot plug-in at Money2020 Europe, promising instant ROI and up to 90% productivity boosts for financial institutions.
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Salesforce Misses Analysts' Revenue Forecasts for Q1 Fiscal 2025

Sat, 8th Jun 2024
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cdp
Salesforce posted an 11% rise in Q1 FY25 revenue to USD $9.13 billion but missed analysts' forecasts. Strong cash flow and margins highlight financial gains.
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SAP to acquire WalkMe for USD $1.5 billion in all-cash deal

Fri, 7th Jun 2024
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agentic ai
SAP is set to acquire WalkMe for USD $1.5 billion in an all-cash deal, enhancing its business transformation toolkit and boosting AI capabilities.
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One Nexus & Kia UK celebrate 10 years of Kia Rental success

Fri, 7th Jun 2024
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cartech
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customers
One Nexus and Kia UK celebrate a decade of success with their Kia Rental programme, marking a milestone in innovative, customer-friendly mobility solutions.
Callum mcgregor  chief operating officer   chief financial officer  westcon comstor

Westcon-Comstor names Callum McGregor as COO & CFO

Fri, 7th Jun 2024
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data analytics
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supply chain
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cybersecurity
Westcon-Comstor promotes Callum McGregor to COO and CFO roles, reflecting a strategic move to drive growth and innovation in IT, supply chain, and ESG globally.
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CSA unveils CCM Implementation Guidelines v2.0 for cloud security

Fri, 7th Jun 2024
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cloud security
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supply chain
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risk & compliance
Cloud Security Alliance launches the Cloud Controls Matrix Implementation Guidelines v2.0, enhancing the cloud security framework.
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Hospitality sector lags in digital finance transformation

Fri, 7th Jun 2024
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digital transformation
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cx
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martech
A report by Xledger reveals only 3% of UK hospitality businesses have fully digitised their finance systems, citing fears and outdated tech as key barriers.
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UK managers see AI benefits despite data security concerns

Fri, 7th Jun 2024
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data privacy
86% of UK managers believe AI can boost their effectiveness, but concerns about data privacy persist, with 33% expressing reservations.
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UK businesses see 449% rise in AI spending with ChatGPT leading

Fri, 7th Jun 2024
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productivity
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UK businesses have ramped up their AI spending by 449% in Q1 2024, with 63% of investments directed at OpenAI's ChatGPT.
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Altia unveils Altia HQ to revolutionise investigative tech

Fri, 7th Jun 2024
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cloud services
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law enforcement
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clio
Altia has launched Altia HQ, a revolutionary cloud native platform designed to streamline crime-solving by integrating all investigation tools into one hub, saving time and enhancing efficiency.
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Survey reveals gaps in IT security training across firms

Fri, 7th Jun 2024
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advanced persistent threat protection
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cybersecurity
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cyber threat
A survey by Hornetsecurity shows 26% of organisations lack IT security training, urging better preparedness against rising AI-driven cyber threats.