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Finance Stories - Page 16

UK Stories

Finance stories

Ciphr launches innovative cloud-based payroll software
Digital Transformation

Ciphr launches innovative cloud-based payroll software

Ciphr has launched its new cloud-based payroll software, Ciphr payroll, designed to streamline processes for UK businesses and reduce manual tasks.

By Melania Watson • 3 min read • Wed, 5th Feb 2025
UK firms reluctant to report ransomware incidents, says study
Ransomware

UK firms reluctant to report ransomware incidents, says study

A report by Illumio reveals that 73% of UK organisations hesitate to report ransomware incidents, citing fears of exposure and financial repercussions.

By Catherine Knowles • 3 min read • Fri, 31st Jan 2025
CIBC invests GBP £5m in Infinity for product development
Customer Experience

CIBC invests GBP £5m in Infinity for product development

CIBC Innovation Banking has extended a GBP £5 million corporate debt facility to Infinity, bolstering the call tracking firm's growth and product development efforts.

By Catherine Knowles • 3 min read • Thu, 30th Jan 2025
Finance leaders cite limited budget access as growth barrier
EduTech

Finance leaders cite limited budget access as growth barrier

A survey by Soldo shows that 88% of UK finance leaders believe restricted budget access is hindering business growth and employee productivity.

By Catherine Knowles • 3 min read • Wed, 22nd Jan 2025

Global Stories

Finance stories

Yavrio raises USD $2.4m to streamline ERP systems
Digital Transformation

Yavrio raises USD $2.4m to streamline ERP systems

Yavrio, a fintech firm in London, has raised USD $2.4 million in seed funding to transform ERP systems by eliminating error-prone CSV file imports.

By Melania Watson • 3 min read • Sat, 1st Feb 2025
Cyber threats surging for finance & insurance sectors
Malware

Cyber threats surging for finance & insurance sectors

ReliaQuest's latest report reveals a staggering 32% rise in ransomware cases targeting finance and insurance firms, with attackers moving significantly faster in 2024.

By Melania Watson • 3 min read • Fri, 31st Jan 2025
DeepSeek: The AI game changer shaping the future of innovation
Customer Experience

DeepSeek: The AI game changer shaping the future of innovation

DeepSeek is making waves in the AI sector with its new DeepSeek-R1 model, reshaping innovation by making advanced technology more accessible and efficient.

By Avec Global • 5 min read • Thu, 30th Jan 2025
Abnormal Security appoints new CFO ahead of public listing
Software-as-a-Service

Abnormal Security appoints new CFO ahead of public listing

Abnormal Security has appointed Lisa Banks as Chief Financial Officer as it gears up for an initial public offering, aiming for over USD $1 billion in annual revenue.

By Imee Dequito • 3 min read • Thu, 23rd Jan 2025
Quantum computing remains distant despite advancements
EduTech

Quantum computing remains distant despite advancements

A Forrester report reveals that while quantum computing has made strides, practical applications remain a decade away due to persistent challenges.

By Catherine Knowles • 3 min read • Tue, 7th Jan 2025
Mail Metrics acquires Adare SEC, boosts UK market presence
Public Sector

Mail Metrics acquires Adare SEC, boosts UK market presence

Mail Metrics has acquired Adare SEC, its fourth purchase in four years, expanding its workforce and boosting UK revenue projections to GBP £175 million.

By Catherine Knowles • 4 min read • Tue, 7th Jan 2025

Stories from Other Regions

Finance stories

DYOR partners Ava Labs amid drastic Avalanche fee cuts
Crypto

DYOR partners Ava Labs amid drastic Avalanche fee cuts

DYOR has partnered with Ava Labs to enhance the Avalanche blockchain experience, capitalising on a dramatic 96% cut in gas fees.

By Catherine Knowles • 3 min read • Wed, 29th Jan 2025
Washington firms embrace outsourced finance solutions
Data Analytics

Washington firms embrace outsourced finance solutions

Businesses in Washington are turning to outsourced finance solutions to boost efficiency, reduce costs, and harness innovation, according to IBN Technologies' CEO.

By Catherine Knowles • 3 min read • Thu, 23rd Jan 2025
Caseware acquires Australian AI startup Extractly.ai
Document Management

Caseware acquires Australian AI startup Extractly.ai

Caseware has acquired Australian AI startup Extractly.ai, known for its intelligent document processing, enhancing its presence in the audit technology sector.

By Catherine Knowles • 3 min read • Wed, 22nd Jan 2025
How agentic automation will reshape Australian industries in 2025
Supply Chain

How agentic automation will reshape Australian industries in 2025

As Australia prepares for 2025, agentic automation is set to revolutionise industries, enhancing productivity and collaboration through advanced AI capabilities.

By Yelena Galstian • 4 min read • Tue, 21st Jan 2025
Edge Total Intelligence secures CAD $5m private placement
Digital twins

Edge Total Intelligence secures CAD $5m private placement

Edge Total Intelligence has successfully raised CAD $4,999,490 through a private placement, aiming to enhance its AI-powered Digital Twins technology.

By Imee Dequito • 2 min read • Tue, 21st Jan 2025
Everyday People Financial settles debt with share issue
Shares

Everyday People Financial settles debt with share issue

Everyday People Financial plans to issue 2,439,024 common shares to EAM Enterprises, settling USD $2 million of debt in a strategy to enhance liquidity.

By Imee Dequito • 2 min read • Tue, 21st Jan 2025
Loopit gains traction with flexible car subscriptions
Economics

Loopit gains traction with flexible car subscriptions

The car subscription model is rising in Australia, offering consumers alternatives to traditional loans amid inflation and economic uncertainty.

By Catherine Knowles • 2 min read • Sun, 5th Jan 2025