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

About Melvin

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Melvin Hipolito
Editor
Melvin, a maths teacher, seamlessly balances his analytical business skills, evident in his ability to streamline operations and create clear documentation, with a deep passion for the imaginative narratives of anime and comics, demonstrating a versatile mind that thrives on both logic and creativity.

Stories by Melvin

British businesspeople investment in ai coins gears mixed outcomes

UK enterprises spend GBP £320 billion on AI but half fail to deliver

Yesterday
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data analytics
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digital transformation
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ai
UK enterprises spend over GBP £320 billion on AI annually, yet half of projects fail to meet expectations, with concerns over value and consultancy returns.
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Encube raises USD $23 million to boost AI for hardware makers

Yesterday
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supply chain
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ai
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automation
Encube raises USD $23 million to expand its AI platform aiding hardware makers in cutting costs and speeding up product development across Europe and the US.
Realistic illustration uk open plan office ai robots working employees leaving boxes

UK firms to deploy AI agents despite risks & job losses ahead

Yesterday
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breach prevention
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risk & compliance
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ai
All UK firms surveyed plan to deploy AI agents within a year, with 65% expecting job cuts despite high risks and costly system failures reported.
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Altia’s financial toolkit marks 20 years tackling global fraud

Yesterday
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digital transformation
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money laundering
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law enforcement
Nottingham's Altia marks 20 years of its Financial Investigation Toolkit, now used by all UK police forces and 290+ organisations worldwide.
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Kaseya predicts AI risks, job shifts & MSP growth as IT evolves

Yesterday
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data analytics
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digital transformation
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hyperscale
Kaseya forecasts AI risks, job cuts, and growth opportunities as managed service providers adapt to evolving tech, cybersecurity, and sustainability demands.
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Loewe opens Dublin flagship to showcase luxury AV craftsmanship

Yesterday
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cx
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martech
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blackrock
Loewe has unveiled its flagship store in Dublin's Blackrock, offering Irish customers a hands-on experience with its luxury TV and audio products.
British online shopping laptop clothes electronics groceries digital assistant uk home

AI could drive GBP £29 billion in UK online spending by 2030

Yesterday
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fintech
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ai
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e-commerce
By 2030, AI agents could drive GBP £29bn in UK online spending as 45% of younger shoppers already trust AI to find better deals for them.
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Matrak opens UK office as platform tracks AUD$15 billion materials

Yesterday
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devops
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hyperscale
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dc
Australian firm Matrak opens UK office to boost its platform tracking over AUD $15 billion in construction materials across Asia-Pacific and Europe.
Puffins featured in loganair s christmas ad  the nest

Loganair’s festive ad features puffin family journey home

Yesterday
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customer service
Loganair’s new Christmas advert follows a puffin family journeying across the UK, highlighting the joy of reuniting at home for the festive season.
Frustrated uk retail manager surrounded by malfunctioning computers wires error messages

System integration failures cost UK retailers millions yearly

Yesterday
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crm
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digital transformation
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cx
System integration failures cost UK retailers millions annually, with one in ten losing over GBP £1 million due to breakdowns impacting revenue and operations.
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Cyber Monday surpasses Black Friday in UK as shoppers seek value

Yesterday
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amazon
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ebay
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online shopping
For the first time, Cyber Monday has surpassed Black Friday in UK online sales, reflecting shoppers’ shift towards value-driven and personalised purchases amid inflation.
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Scotland to cut grid costs for AI data centres by GBP £24 per MWh

Yesterday
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hyperscale
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dc
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clean technologies
Scotland plans to slash electricity costs for AI data centres by GBP £24 per MWh, boosting competitiveness and green energy use without raising consumer bills.
Stressed uk business owner inside closed online shop with broken payment devices

UK payment outages cost merchants millions & stall expansion

Yesterday
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e-commerce
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tokenisation
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interoperability
Most UK large eCommerce merchants faced payment outages, losing up to GBP £10 million, which has also stalled their business expansion, new research finds.
Customer shop attendant handshake shopping bags hearts retail loyalty

Emotional connections key as brands rethink loyalty strategies

Yesterday
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cx
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martech
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ai
A study of 400 European brands reveals that emotional connections, not just discounts, are crucial for loyalty in an era of membership fatigue.
Luke elliott

Pattern appoints Luke Elliott to drive European eCommerce growth

Yesterday
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commerce systems
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e-commerce
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amazon
Pattern has named Luke Elliott as VP of Ecommerce Europe to boost growth and marketplace strategy for its European clients.
Sea new hire photo

Vistar Media strengthens Southeast Asia team with key hires

Yesterday
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martech
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marketing
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digital media
Vistar Media boosts its Southeast Asia leadership with two key hires as demand for programmatic digital out-of-home advertising surges across the region.
Rachelle alexis lim

Rachelle Alexis Lim named CEO of MultiSafepay to drive SME growth

Yesterday
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fintech
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e-commerce
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board of directors
Rachelle Alexis Lim has been named MultiSafepay CEO to expand its payment services, especially targeting SMEs across Europe, following its acquisition by Ant International.
Aditya jayaraman

Hexaware names Aditya Jayaraman as India Country Head to boost growth

Yesterday
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digital transformation
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hyperscale
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cx
Hexaware Technologies appoints Aditya Jayaraman as India Country Head to lead growth and technology transformation across enterprises and global centres.
European classical quantum computer servers network modern data infrastructure

OVHcloud launches quantum platform to boost European sovereignty

Yesterday
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data protection
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encryption
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quantum computing
OVHcloud launches a Quantum Platform offering EU businesses cloud access to eight quantum computers, including Pasqal's 100-qubit Orion Beta, bolstering digital sovereignty.
Australian office workers reviewing payroll fast superannuation payments digital bank map

Employment Hero launches real-time payroll super integration

Yesterday
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payment technologies
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employment law
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npp
Employment Hero teams with Zepto and OZEDI to launch HeroClear, enabling real-time super payments within seven days and easing compliance for Australian SMEs.