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

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UK businesses struggling to fully harness their 'data brain'
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data management
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data lake
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skills gap
Over 70% of UK firms struggle to utilise data effectively, with many hoarding it unanalyzed, hindering their transition to a data-driven model, new research suggests.
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Global Processing boosts efficiency with New Relic AI platform
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cx
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martech
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app development
Digital finance giant Global Processing has optimised operations with New Relic platform, resulting in a 50% alert noise reduction and 30% faster IT outage counteraction.
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Finastra integrates AI-based ESG scoring into Trade Innovation software
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saas
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ai
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trade
Finastra integrates AI-based ESG scoring into its Trade Innovation working capital solution, leveraging CoriolisESG technology to enhance the sustainability of trade and supply chain finance.
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How AI is pushing the financing sector forward
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fintech
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finance, leasing & rental
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ai
AI revolutionizes finance, shifting from personal trading to automated systems and transforming traditional lending practices.
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Ozone API partners with Thistle Initiatives for PSD3 compliance readiness
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compliance
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digital banking
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financial institutions
Global open banking leader, Ozone API, has formed a strategic partnership with Thistle Initiatives to help financial institutions achieve compliance with the forthcoming Third Payment Services Directive (PSD3).
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Spirent partners with online payments platform to boost cyber defenses
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gdpr
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compliance
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digital banking
Spirent Communications joins forces with an online payments platform to enhance cyber defenses using its advanced CyberFlood software, aimed at improving the scalability and efficacy of network defenses.
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Denodo partners with Google Cloud to advance data management with AI
Last week
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digital transformation
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virtualisation
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ai
Denodo, a leader in data management, reveals a groundbreaking partnership with Google Cloud's Vertex AI, aiming to optimise data virtualisation and large language models to enable advanced AI solutions.
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Bridgewise secures $21m Series A funding led by SIX Group
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fintech
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ml
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ai
AI-backed financial intelligence platform, Bridgewise, secures $21m from its series A funding round led by SIX Group to fuel its global reach in securities analytics.
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How attackers target security blind spots: Three real-life lessons from the SOC
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network infrastructure
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dark web
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advanced persistent threat protection
Cyberattack case studies from global XDR service provider Barracuda demonstrate the dangers of incomplete digital security.
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WalkMe's financial growth & AI advancements spotlighted at Realize 2024
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ai
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walkme
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digitisation
WalkMe's financial resurgence and innovative AI advancements are set to take centre stage at their upcoming Realize 2024 event.
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Most enterprise PCs ill-equipped for AI-induced security threats
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cybersecurity
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cyber resilience
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absolute security
A staggering 92% of enterprise PCs lack sufficient RAM to support emerging AI technologies, introducing high-risk security issues, reports Absolute Security's Cyber Resilience Risk Index 2024.
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Three ways employees can spot a deepfake scam
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cybersecurity
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fraud
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mfa
As deepfake scams surge globally, employees are urged to be vigilant and adopt common-sense checks, including 'liveness' checks and using internal codewords.
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Conferma welcomes fintech expert Kriya Patel as Non-Executive Director
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fintech
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martech
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commerce systems
Virtual payments leader Conferma boosts its strategic expansion plan, appointing seasoned fintech executive Kriya Patel as new Non-Executive Director amid significant company rebranding.
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Sharp UK teams up with Gamma for enhanced VoIP services
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uc
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voip
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contact centre
Sharp UK partners with Gamma Communications to enhance telephony services in anticipation of the ISDN/PSTN switch-off, focusing on seamless transition to VoIP for clients.
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Peak launches AI performance guarantee amid inventory concerns
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digital transformation
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inventory management systems
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ai
In response to the predicted $1.77 trillion cost of inventory distortion for retailers in 2023, AI provider Peak is launching a guarantee for its inventory applications, aiming to prove that using technology for inventory optimisation doesn't have to be a high-risk strategy.
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Deloitte & TeamViewer collaborate to digitalise warehouse tasks
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digital transformation
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vr
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smart glasses
Deloitte and TeamViewer plan to set a new industry standard in warehousing with their collaborative vision picking system, using AR technology to drive efficiency and precision against a backdrop of strained global supply chains.
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Purple Transform appoints Michael Shannon as new Chief Product Officer
Last week
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cloud services
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bi
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big data
AI pioneer Purple Transform appoints Michael Shannon as Chief Product Officer and General Manager North America, bolstering its drive towards cutting-edge innovation and U.S. expansion.
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Evolve appoints industry veteran Stuart Milroy as Head of Technical Delivery
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project management
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evolve
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telephony
IT industry veteran Stuart Milroy joins Evolve as Head of Technical Delivery, bringing his three decades of experience to refine project management and bolster service delivery.
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AI is here to stay - share market fads versus trends
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ml
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ai
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investment
AI investments debate trends versus fads, with its longevity, sustainability and growing legal legitimacy suggesting a solid market trend rather than a fleeting hype.
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HiBob unveils Bob Hiring to enrich talent acquisition strategies
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hcm
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payroll systems
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recruitment
HiBob unveils Bob Hiring, an Applicant Tracking System (ATS) designed to streamline the hiring process, acknowledging the vital role of the right talent in driving business growth.
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SYSPRO survey reveals manufacturing sector's strategic shift amid crises
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big data
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bi
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it in manufacturing
SYSPRO's third annual Global CFO Survey suggests a strategic shift in the manufacturing sector towards enhanced operational resilience and efficiency amid macro-economic disruptions.
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BlackLine appoints Jeremy Ung as new Chief Technology Officer
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cloud services
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microsoft
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public cloud
Jeremy Ung joins digital finance transformation leader, BlackLine, Inc. as CTO, leveraging over two decades of software engineering expertise to guide their cloud platform's tech direction.
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InsightsAI: The future of workforce management
Last week
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ai
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workforce management
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productivity
Insightful introduces InsightsAI, an innovative AI-driven tool designed to revolutionise management practices with its ability to measure and enhance workforce health and productivity.
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Satago & mmob partnership to revolutionise embedded finance solutions
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fintech
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analyst report
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juniper research
Fintech firm Satago links with API adaptor mmob to expedite and simplify embedded finance, extending flexible invoice financing to SMEs via digital platforms.