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

Latest news - Page 284

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Digital remittance market to exceed USD $64bn by 2032 says report

Fri, 15th Mar 2024
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m&a
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market growth
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moneygram
The global digital remittance market is set to exceed USD $64 billion by 2032, driven by an escalated demand for cross-border remittances through digital platforms, according to Fact.MR.
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SiteMinder launches revolutionary mobile platform for hotel revenue management

Fri, 15th Mar 2024
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revenue management
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siteminder
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booking system
SiteMinder unveils an innovative mobile platform for hotel revenue management, fundamentally transforming operations with real-time booking adjustments and risk identification capabilities.
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Insurwave & Inigo partner for real-time exposure tracking in aviation

Fri, 15th Mar 2024
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data analytics
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risk & compliance
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ai
Insurwave, a London-based insurtech platform, partners with UK insurer Inigo, promising real-time exposure tracking for their Aviation War portfolio in light of increasing geopolitical uncertainty.
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EU takes lead with revolutionary Artificial Intelligence Act

Fri, 15th Mar 2024
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risk & compliance
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ai
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safety
Evolving AI Act positions EU at the helm of a comprehensive framework, pioneering guidelines for worldwide AI development, setting the pace for innovation.
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Griffin secures $24m funding to launch as full bank in UK

Fri, 15th Mar 2024
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fintech
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clean technologies
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sustainability
UK fintech firm Griffin successfully secures $24m funding and green light from PRA and FCA, becoming a fully operational bank.
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Celonis appoints Rupal Karia as UK & Ireland leader

Fri, 15th Mar 2024
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digital transformation
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martech
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ai
Celonis appoints Rupal Karia, celebrated business leader with over 20 years' experience, to drive UK and Ireland expansion and spur digital transformation with their process knowledge and AI expertise.
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HMRC spends £80m on remote working tech amid 'couch potato' critique

Thu, 14th Mar 2024
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ai
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hybrid & remote work
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public sector
HMRC's £80m spending on remote working tech over three years has sparked debate, evidencing a shift towards a 'couch potato culture', according to official figures.
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UK firms to bolster AI spending despite ROI concerns

Thu, 14th Mar 2024
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uc
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digital twins
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llms
Despite mixed confidence in return on investment, UK IT decision makers plan to boost artificial intelligence funding in 2024, amidst fears of premature adoption, reveals a study by NetApp and YouGov.
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Semarchy reports 50% revenue growth in EMEA, posing competition to industry giants

Thu, 14th Mar 2024
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martech
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cdp
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informatica
Semarchy, a French MDM solutions provider, reports a 50% annual revenue rise in its EMEA sector for 2023, due to robust investment in UK and Ireland operations, increasing competition with data management titans.
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Telefónica Tech UK&I unveils NextDefense for future-proofed cybersecurity

Thu, 14th Mar 2024
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devops
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siem
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advanced persistent threat protection
Telefónica Tech UK&I unveils NextDefense, a cybersecurity service brand aimed at aiding customers towards a secure digital future, leveraging its global Security Operations Centres network.
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Ataccama leads in Gartner's Augmented Data Quality Solutions quadrant

Thu, 14th Mar 2024
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genai
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ai
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data management
AI data management firm Ataccama, recognised for its generative AI prowess and 25% YoY growth, leads the field in Gartner's Magic Quadrant for Augmented Data Quality Solutions, 2024.
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Snowflake & Mistral AI enter partnership to democratise AI globally

Thu, 14th Mar 2024
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martech
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cdp
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genai
Data Cloud provider Snowflake and Mistral AI announce multi-year partnership to democratise AI, allowing users to create sophisticated applications worldwide, boosting artificial intelligence innovation.
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Innovate UK hosts cyber security demo for top industry investors

Thu, 14th Mar 2024
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cybersecurity
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google
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r&d
Disruptive cyber security prototypes to be unveiled at Innovate UK's industry-leading CyberASAP Demo Day, offering investors a peek into the future of UK's cyber defence industry.
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Oracle shows new generative AI for Fusion Cloud Applications Suite

Thu, 14th Mar 2024
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cx
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martech
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hcm
Oracle debuts generative AI features designed to enhance decision-making and user experiences across its Fusion Cloud Applications Suite, showcased at Oracle CloudWorld London.
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Ripjar unveils Compliance CoPilot for risk monitoring

Thu, 14th Mar 2024
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genai
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llms
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ai
London's Ripjar launches Compliance CoPilot, an AI-risk management assistant, aiming to revolutionise threat monitoring.
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UK government launches £1.5m campaign to boost tech sector

Thu, 14th Mar 2024
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ai
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global economy
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uk government
Tech Secretary Michelle Donelan announces a £1.5m government campaign to stimulate investment in UK science and technology startups.
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European consumers seek flexible return policies – study

Thu, 14th Mar 2024
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payment technologies
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inflation
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fraud prevention
European consumers value flexible return policies and payment options, posing a potential trillion-dollar return cost to retailers by decade's end.
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Generative AI and the rise of 'AI-nxiety'

Thu, 14th Mar 2024
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data analytics
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genai
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ai
'AI-nxiety' amongst tech professionals is prevalent, but generative AI presents an opportunity rather than a threat, potentially driving further innovation and efficiency within the industry.
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Australian mortgage brokers pivot towards Open Banking

Thu, 14th Mar 2024
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fintech
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cloud services
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digital age
Australian mortgage broking industry pivots towards Open Banking, with the number of brokers using NextGen's solution tripling, amid potential legislative changes.
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Mark Appel joins Sendcloud as Chief Marketing Officer

Thu, 14th Mar 2024
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martech
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cdp
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software
Sendcloud, Europe's leading shipping platform, appoints top Dutch marketer Mark Appel as CMO to aid in navigating global shipping challenges amid a competitive eCommerce environment.