Finance stories - Page 4

UK credit card balances hit a record GBP £1,915 in August 2025 as payment rates decline and financial stress grows among cardholders, reports FICO.

Dayforce unveils AI Agents and Workspace to enhance HR efficiency, offering smarter workflows and real-time collaboration within its platform from 2025-2026.

Pax8 launches Agent Store and Managed Intelligence Provider Playbook to help MSPs adopt AI and boost growth with tailored digital solutions.

Plaud launches an omnichannel AI platform providing APIs and SDKs to automate and analyse notetaking across in-person and online business conversations.

Repetitive tasks in UK finance departments cost businesses GBP £179 billion annually, harming productivity and driving 74% of workers to consider quitting.

A study reveals startups using debt financing see faster growth and up to 49.7% higher valuations than those relying solely on equity funding.

AI boosts efficiency in professional services, but human expertise and trust remain crucial, driving a new value and pricing model in law and finance.

Workday and Kinaxis partner to unify supply chain, finance, and workforce data with AI, enabling faster, smarter organisational decision-making amid disruption.

AI-driven predictions of supplier payment timing boost cash flow forecasting for manufacturers, enhancing working capital and supplier relations.

AI use in finance has surged to 72%, with CFOs leveraging it for resilience, risk management, and navigating tariff-driven economic challenges.

FICC proposes new Collateral-in-Lieu service to cut double-margining, boosting capital and margin efficiency ahead of US Treasury Clearing mandate compliance.

Fergus has appointed Hugh Walker as Head of Customer Experience to lead customer teams and enhance its job management software platform globally.

Outpost24 appoints Ariel Katz as Chief Corporate Development Officer to lead strategic growth via mergers, acquisitions, and partnerships in cybersecurity.

BillingPlatform launches RevenueIQ, an AI suite to help finance teams automate tasks, predict trends, and optimise cash flow using billing data analysis.

DXC Technology and Boomi partner to modernise enterprise IT, combining AI and cloud-native solutions for seamless system integration and faster decision-making.

Adobe unveils Acrobat Studio, merging PDF tools, creative content, and AI to enhance productivity and collaboration for work and personal projects.

Sage unveils AI-driven features in Sage Intacct to streamline finance tasks, speed up processes, and provide sustainability insights for UK and global teams.

Oracle launches Globally Distributed Exadata Database on Exascale Infrastructure, enabling scalable AI workloads and analytics with global data residency compliance.

Standard Chartered partners with Alibaba to accelerate AI adoption in finance, aiming to enhance customer service and sustainability efforts.

Hexaware launches GCC 2.0 after acquiring SMC Squared, merging AI and digital solutions to transform Global Capability Centres for strategic enterprise value.