Latest News - Page 119 - CFOtech Australia

Australia ranks high in cyberattacks as AI fuels new risks

Australia ranks tenth globally for cyberattack frequency, with AI fueling a rise in ransomware and extortion, Microsoft reports in its 2025 Digital Defence Review.

By Melania Watson • 5 min read • Fri, 17th Oct 2025

Risk & Compliance

Ripple acquires GTreasury for USD $1 billion to boost treasury services

Ripple has acquired GTreasury for USD $1 billion, enhancing its corporate treasury services and expanding digital asset use in global payments.

By Melania Watson • 3 min read • Fri, 17th Oct 2025

Advanced Persistent Threat Protection

Preparing for tomorrow's threats today: 3 human-centric cybersecurity trends every CIO needs to know

Cyber threats surge with 31% more vulnerabilities in 2024; CIOs urged to prioritise human-centric strategies and AI-driven defences for stronger cybersecurity.

By Rory Reynolds • 6 min read • Fri, 17th Oct 2025

Data Analytics

Manuka AI launches ANZ operations amid AUD $28m annual spend

Manuka AI launches in Australia and New Zealand to help enterprises improve ROI on AUD $28m annual data and AI investments with Databricks platform.

By Shannon Williams • 4 min read • Fri, 17th Oct 2025

Crypto

Russia, US & Brazil pose highest risks for wealthy crypto holders

Russia, the US and Brazil top the Executive Crypto Threat Index as the riskiest countries for wealthy cryptocurrency holders in 2025, while Japan and Singapore are safest.

By Shannon Williams • 4 min read • Fri, 17th Oct 2025

Fintech

AAF closes Axis Fund at USD $55 million for early-stage backing

AAF closes its fourth fund, The Axis Fund, at USD $55 million to back emerging managers and early-stage companies from Pre-Seed to Pre-IPO stages.

By Jed Nykolle Harme • 4 min read • Fri, 17th Oct 2025

Fintech

FICO secures ten patents to advance responsible AI & analytics

FICO has secured ten new patents to enhance Responsible AI, boosting transparency and fraud prevention across numerous sectors globally.

By Jed Nykolle Harme • 3 min read • Fri, 17th Oct 2025

Risk & Compliance

Visa's VAMP sets stricter thresholds for fraud & disputes

Visa's new Acquirer Monitoring Programme, effective October 2025, imposes stricter fraud and dispute thresholds, charging USD $8 per transaction dispute over 2.2%.

By Jed Nykolle Harme • 4 min read • Fri, 17th Oct 2025

Blockchain

Check Point earns recognition for real-time blockchain security

Check Point secures a spot on Fast Company's Next Big Things in Tech 2025 for its real-time security solution safeguarding public blockchain platforms.

By Catherine Knowles • 3 min read • Thu, 16th Oct 2025

Email Security

Global scam attempts jump 65% as banks tackle new fraud risks

Global scam attempts have surged 65% over the past year, with smishing rising tenfold as banks worldwide battle increasing fraud risks.

By Catherine Knowles • 4 min read • Thu, 16th Oct 2025

Digital Transformation

Leading Edge Global unveils AI Readiness Assessment for leaders

Leading Edge Global launches AI Readiness Assessment, helping leaders evaluate and align strategy for successful, scalable AI adoption across organisations.

By Catherine Knowles • 3 min read • Thu, 16th Oct 2025

Data Analytics

Sidetrade acquires EzyCollect to expand AI Order-to-Cash in APAC

Sidetrade expands into Asia-Pacific by acquiring Australia's ezyCollect for EUR €37 million, targeting SMBs with AI-powered Order-to-Cash solutions.

By Kaleah Salmon • 5 min read • Thu, 16th Oct 2025

Data Analytics

AI delivers measurable returns for nearly all Aussie finance teams

Nearly all Australian finance teams using AI and automation report measurable benefits, including productivity and revenue growth, finds new research.

By Kaleah Salmon • 3 min read • Thu, 16th Oct 2025

Unified Communications

Orcaworks appoints Dr. Abhinav Somaraju as Chief AI Officer

Orcaworks has named Dr Abhinav Somaraju as Chief AI Officer to lead its agentic AI strategy from pilot to production, enhancing enterprise AI deployment.

By Melvin Hipolito • 3 min read • Thu, 16th Oct 2025

Customer Experience

Online marketplaces reshape Australian retail as logistics race heats up

Nearly 40% of Australians shop weekly on online marketplaces, with speed and convenience reshaping retail and driving major logistics investments like Amazon's AUD $490m centres.

By Melvin Hipolito • 3 min read • Thu, 16th Oct 2025