Finance Stories - Page 15

Global Stories

Finance stories

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

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

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

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

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

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

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

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

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

Ransomware

Healthcare tops data breach incidents in 2024, surpassing finance

Kroll's latest report reveals the healthcare sector was the most targeted by data breaches in 2024, accounting for 23% of all incidents, surpassing finance.

By Kaleah Salmon • 3 min read • Fri, 21st Feb 2025

Quantum Computing

QuSecure raises USD $28 million to boost quantum security

QuSecure has successfully raised USD $28 million in a Series A funding round aimed at bolstering its post-quantum cryptography solutions and client expansion.

By Sean Mitchell • 3 min read • Thu, 20th Feb 2025

Internet of Things

AI agents revolutionising life across multiple sectors

AI agents are set to transform daily life across sectors, optimising everything from smart homes to personalised shopping, according to Raphael Allstadt.

By Shannon Williams • 4 min read • Fri, 14th Feb 2025

Data governance

SAP partners with Databricks to launch Business Data Cloud

SAP has launched its Business Data Cloud alongside Databricks, aiming to unify enterprise data to enhance decision-making and accelerate AI initiatives.

By Melania Watson • 3 min read • Fri, 14th Feb 2025

Human Capital Management

Oracle NetSuite unveils AI tools for Australia, NZ firms

Oracle NetSuite has unveiled new generative AI features aimed at boosting operational efficiency for businesses across Australia and New Zealand.

By Catherine Knowles • 2 min read • Thu, 13th Feb 2025

Malware

Fortra's 2025 cybersecurity survey: key risk findings

Fortra's newly released 2025 cybersecurity survey reveals evolving threats, with 83% of professionals citing phishing as their top concern, alongside rising worries over AI.

By Shannon Williams • 3 min read • Wed, 12th Feb 2025

Human Capital Management

Monday.com launches AI enterprise service management tool

monday.com has launched its AI-driven Enterprise Service Management platform, monday service, to enhance operational efficiency for businesses across departments.

By Sean Mitchell • 3 min read • Tue, 11th Feb 2025

Stories from Other Regions

Finance stories

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

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.