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Finance Stories - Page 12

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Finance stories

PvX Partners secures USD $3.8m for app growth financing
Artificial Intelligence

PvX Partners secures USD $3.8m for app growth financing

PvX Partners has secured USD $3.8 million in seed funding from Play Ventures and General Catalyst to enhance growth in consumer and gaming apps.

By Kaleah Salmon • 3 min read • Tue, 18th Mar 2025

Global Stories

Finance stories

AI investments struggle to deliver expected productivity boosts
Human Capital Management

AI investments struggle to deliver expected productivity boosts

A recent survey by Gartner indicates that only 37% of teams using traditional AI see productivity boosts, with generative AI trailing at 34%, sparking concerns among CFOs.

By Sean Mitchell • 3 min read • Tue, 25th Mar 2025
Hitachi Vantara unveils AI-ready infrastructure for diverse sectors
Storage

Hitachi Vantara unveils AI-ready infrastructure for diverse sectors

Hitachi Vantara has launched the Hitachi iQ M Series, a modular AI-ready infrastructure solution promising to optimise costs and boost efficiency in AI workloads.

By Sean Mitchell • 3 min read • Wed, 19th Mar 2025
Atturra acquires Kitepipe in USD $3.15 million deal
Partner Programmes

Atturra acquires Kitepipe in USD $3.15 million deal

Atturra has secured the acquisition of Project Delivery Services LLC, known as Kitepipe, for USD $3.15 million, enhancing its Boomi service capabilities.

By Sean Mitchell • 2 min read • Mon, 10th Mar 2025
How finance teams can catch fraud early and increase audit efficiency
Risk & Compliance

How finance teams can catch fraud early and increase audit efficiency

Finance teams are urged to enhance fraud detection and audit efficiency as businesses face increasing revenue losses and evolving tactics amidst economic pressures.

By Fabian Calle • 3 min read • Thu, 6th Mar 2025
DDoS attacks surge by 550% in 2024 due to AI & tensions
Unified Communications

DDoS attacks surge by 550% in 2024 due to AI & tensions

DDoS attacks soared by 550% in 2024, primarily fuelled by geopolitical tensions and AI advancements, with the EMEA region bearing the brunt of incidents.

By Sean Mitchell • 3 min read • Thu, 27th Feb 2025
MongoDB acquires Voyage AI to boost data retrieval accuracy
Artificial Intelligence

MongoDB acquires Voyage AI to boost data retrieval accuracy

MongoDB has acquired Voyage AI, enhancing its data retrieval capabilities for AI applications, crucial for sectors like healthcare and finance.

By Catherine Knowles • 3 min read • Wed, 26th Feb 2025
LayerZero partners with Rayls to enhance blockchain finance
Crypto

LayerZero partners with Rayls to enhance blockchain finance

Rayls has partnered with LayerZero to enhance cross-chain connectivity for financial institutions, aiming to integrate traditional finance with decentralised finance.

By Catherine Knowles • 2 min read • Wed, 26th Feb 2025
BlackLine boosts operations with Bangalore office expansion
Digital Transformation

BlackLine boosts operations with Bangalore office expansion

BlackLine has expanded its office in Bangalore, adding 50,000 square feet to improve customer support and drive product innovation in India.

By Melania Watson • 2 min read • Wed, 26th Feb 2025
DDoS attacks surge by 82% as IoT & AI fuel threats
Software-as-a-Service

DDoS attacks surge by 82% as IoT & AI fuel threats

DDoS attacks have surged by 82% in a year, with 165,000 incidents reported in 2024, driven largely by IoT devices and AI advancements.

By Kaleah Salmon • 3 min read • Mon, 24th Feb 2025
Over 75% of firms faced FX losses without hedging in 2024
EduTech

Over 75% of firms faced FX losses without hedging in 2024

Research by MillTechFX reveals that over 75% of firms faced losses from unhedged foreign exchange risks in 2024, prompting strategic adjustments in hedging.

By Kaleah Salmon • 2 min read • Mon, 24th Feb 2025
Tech risks dominate finance compliance, eflow survey finds
Data Analytics

Tech risks dominate finance compliance, eflow survey finds

A survey by eflow Global reveals 64% of finance executives see technology-driven risks, especially AI, as key compliance challenges for 2024.

By Sean Mitchell • 2 min read • Sat, 22nd Feb 2025

Stories from Other Regions

Finance stories

Beyond Key wins national export excellence award in India
Data Analytics

Beyond Key wins national export excellence award in India

Beyond Key has clinched the National Export Excellence Award in India, acknowledging its significant contributions to global software exports and innovation.

By Catherine Knowles • 3 min read • Fri, 28th Mar 2025
Fail fast, succeed faster: The CFO's take on marketing
Fintech

Fail fast, succeed faster: The CFO's take on marketing

Senior leaders in marketing are urged to embrace a fail-fast mentality, breaking down silos and proving marketing's impact on business, says a CFO expert.

By Greg Dos Santos • 5 min read • Mon, 24th Mar 2025
ANNA Money launches AI tax tool for sole traders and limited companies
Payment Technologies

ANNA Money launches AI tax tool for sole traders and limited companies

ANNA Money has launched its new AI-powered tax solution +Taxes, targeting sole traders and limited companies, attracting hundreds of sign-ups in just two weeks.

By Catherine Knowles • 3 min read • Fri, 21st Mar 2025
Syrenis appoints new leadership to drive growth strategy
Data Protection

Syrenis appoints new leadership to drive growth strategy

As Syrenis marks its 25th anniversary, it announces key leadership appointments, aiming for expansion amidst rising data privacy demands in the tech industry.

By Melvin Hipolito • 2 min read • Tue, 11th Mar 2025
Grapple to acquire Spenda portfolio, boosting SME finance
Market

Grapple to acquire Spenda portfolio, boosting SME finance

Grapple plans to acquire Spenda's invoice finance portfolio, aiming to enhance its presence in the booming Australian SME market.

By Catherine Knowles • 3 min read • Wed, 26th Feb 2025