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

Latest news - Page 3

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Edge AI deployment enables enterprises to save $2.07 million
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data privacy
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ai
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edge ai
An analysis by Latent AI reveals enterprises could save USD $2.07 million by switching from cloud to edge AI, cutting hardware costs by 92% in 2025.
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Smart billing app delivers up to USD $4 million in savings
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utilities
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celonis
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customer satisfaction
The Celonis Utilities Smart Billing app helps utilities save up to USD $4 million by optimising billing cycles, reducing errors, and boosting cash flow efficiency.
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Seagate raises share buyback to USD $5 billion, sets 2028 goals
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storage
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hyperscale
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edge computing
Seagate boosts its share buyback to USD $5 billion, unveiling new 2028 financial goals and plans to lead storage innovation with HAMR technology.
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Nintex launches Solution Studio to simplify business automation
Last month
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digital transformation
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it automation
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rpa
Nintex launches Solution Studio, a portal enabling businesses to build custom AI-powered automation to streamline workflows and enhance operational efficiency.
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Citi invests in Starburst to advance secure AI data solutions
Last month
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storage
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network infrastructure
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paas
Starburst secures strategic investment from Citi to advance its scalable, secure data platform, supporting AI-ready solutions for global enterprises and major banks.
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State-owned carbon footprints: The missing link in climate accounting
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global warming
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carbon emissions
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decarbonisation
State-owned companies, not investor-owned firms, accounted for 52% of fossil fuel emissions in 2023, exposing a climate accountability gap.
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Diligent strengthens ethics tools with Vault’s AI compliance tech
Last month
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risk & compliance
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ai
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transparency
Diligent has acquired Vault, enhancing its GRC platform with AI-powered ethics and compliance tools to strengthen global misconduct reporting and investigations.
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UK firms extend FX hedge lengths as pound rises against USD
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risk & compliance
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forex
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finance
Amid tariff-driven volatility and a rising pound, 54% of UK firms lengthen FX hedges, securing financial protection amidst shifting market conditions.
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Unpredictable cash flow stifles US agency growth & profits
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martech
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digital marketing
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branding
Unpredictable cash flow is hindering growth for 63% of US marketing agencies, delaying hires and investment, says an Ignition survey.
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Growing AI spend challenges firms as ROI confidence lags
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ai
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cybersecurity
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it budget
CloudZero reveals AI spending in software firms is rising sharply, with budgets set to increase 36% in 2025 amid challenges in evaluating ROI and hiring talent.
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Emburse launches global partner community for expense management
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digital transformation
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fintech
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hcm
Emburse has unveiled a global partner community with 140 organisations to improve expense management for travel and finance professionals worldwide.
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BillingPlatform Named Leader in Agile Billing by MGI
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cx
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martech
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commerce systems
BillingPlatform tops MGI Research’s Agile Billing report, rated highest among 50 vendors for its enterprise-grade, agile billing solutions.
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Sandrine El Khodry named new EVP of Global Sales at ALE
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data protection
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hybrid cloud
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cx
Alcatel-Lucent Enterprise names Sandrine El Khodry EVP of Global Sales and Marketing, aiming to boost sustainable growth and market presence worldwide.
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Manhattan unveils Agentic AI to transform supply chain tasks
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digital transformation
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api
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llms
Manhattan Associates launches Agentic AI and Agent Foundry to revolutionise supply chain operations with autonomous agents and customisable digital solutions.
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General counsels turn to generative AI to manage compliance risks
Last month
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risk & compliance
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genai
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data privacy
A global study reveals 97% of general counsels now use generative AI to boost legal compliance and operational efficiency amid rising pressures.
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Salesforce launches Agentforce AI agents for financial services
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digital transformation
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fintech
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cx
Salesforce launches Agentforce for Financial Services, offering AI agents to automate tasks and boost personalised client engagement in banks and insurers.
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Google AI Ultra subscription launches at USD $249.99 per month
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ai
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google
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developers
Google launches Google AI Ultra, a USD $249.99 monthly subscription offering advanced AI tools and higher limits, starting in the US with 50% off for new users.
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Fintech sector faces mounting third-party security breach risks
Last month
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mfa
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fintech
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application security
Nearly 42% of data breaches in top fintech firms stem from third-party vendors, highlighting critical supply chain vulnerabilities despite strong internal security.
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SEO poisoning attack diverts wages using fake payroll websites
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firewalls
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it in manufacturing
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network security
Cyberattackers used SEO poisoning to mimic a payroll portal, stealing employee wages via mobile devices in a widespread manufacturing sector fraud uncovered by ReliaQuest.
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Proofpoint acquires Nuclei to boost AI workplace compliance tools
Last month
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uc
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encryption
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cybersecurity
Proofpoint has acquired Nuclei, boosting its compliance archiving with AI-driven tools for data capture and analysis across major collaboration platforms.