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

Latest news - Page 49

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Global banking fraud to hit USD $48bn by 2029, says study
Mon, 17th Jun 2024
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fintech
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martech
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commerce systems
Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.
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Databricks & Shutterstock launch enterprise AI image model
Mon, 17th Jun 2024
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apm
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software development
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ai models
Databricks and Shutterstock unveil Shutterstock ImageAI, a powerful text-to-image AI model designed for enterprises, leveraging millions of Shutterstock images for high-fidelity visuals.
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Boomi study reveals need for composability in enterprise software
Mon, 17th Jun 2024
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api
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ai
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cto
Boomi's latest global study, sponsored by IFS and conducted by IDC, underscores the urgent need for composability in enterprise software to combat challenges from outdated systems, per 1,000 surveyed execs.
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Bendigo & Adelaide Bank embraces AI for tech modernisation
Mon, 17th Jun 2024
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genai
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ai
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bendigo and adelaide bank
Bendigo and Adelaide Bank pairs with MongoDB to modernise its core banking tech using MongoDB Atlas and generative AI, aiming to slash costs and boost innovation.
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Experts: Australian firms facing cybersecurity challenges
Mon, 17th Jun 2024
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martech
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breach prevention
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cdp
Experts are urging change in digital investments to balance costs and ensure security, as Australian firms are facing economic hurdles and rising cyber threats.
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Beyond the hype: Taking Gen AI mainstream with next-level automation
Mon, 17th Jun 2024
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it automation
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risk & compliance
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genai
Generative AI, once a niche term, is now pivotal to automation and business processes, creating substantial value but requiring rigorous data governance.
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Crypto market sees 8.6% rise driven by ETH ETFs approval
Fri, 14th Jun 2024
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cryptocurrency
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blockchain
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bitcoin
The cryptocurrency market saw an 8.6% rise in May, driven by favourable U.S. regulations and ETH ETF approvals, according to Binance Australia's report.
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Digital transformation revolutionises logistics industry
Fri, 14th Jun 2024
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it training
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drones
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data analytics
The logistics sector is undergoing a digital transformation, with companies investing heavily in technologies like AI and IoT to optimise operations and meet growing e-commerce demands.
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Sysdig extends AI security to AWS AI services for safer tech
Fri, 14th Jun 2024
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cloud security
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application security
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cnapp
Sysdig extends its AI Workload Security to key AWS services, enhancing protection for AI workloads. This initiative aims to address the increased risks associated with the growing adoption of AI technologies.
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EG Funds Management pioneers clean energy matching in Sydney
Fri, 14th Jun 2024
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dei
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power / energy
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cleantech
EG Funds Management introduces clean energy matching for five Sydney properties via Matched Energy Supply Agreements, aiming for Real Zero Carbon by 2030.
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Commonwealth Bank joins anti-scam network to bolster security
Fri, 14th Jun 2024
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uc
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email security
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collaboration
Commonwealth Bank of Australia joins a new anti-scam intelligence network to combat online fraud, in collaboration with AFCX and NASC, enhancing digital security.
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Accor partners with Stripe to streamline global payments
Fri, 14th Jun 2024
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cx
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martech
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commerce systems
Accor partners with Stripe to streamline payments across 5,600 global establishments, enhancing customer experience as Australia's tourism sector rebounds.
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AI adoption among Australian SMEs to surge by 2026, survey finds
Fri, 14th Jun 2024
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fintech
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financial systems
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ai
A survey by Small Business Loans Australia reveals 25% of SMEs are using AI, with 60% planning adoption by 2026. NSW leads, while medium-sized businesses show the highest uptake.
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Genesys reports $1.5 billion in revenue with 40% growth
Thu, 13th Jun 2024
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uc
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hyperscale
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public cloud
Genesys reports a stellar Q1 FY2025 with annual recurring revenue surpassing USD$1.5 billion, driven by demand for its AI-powered Genesys Cloud platform.
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More than half of Australian workers distrust AI data
Thu, 13th Jun 2024
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it training
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martech
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cdp
New Salesforce research reveals that 52% of Australian office workers struggle with AI, reflecting widespread data mistrust and a need for human oversight.
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Traceable AI uncovers growing API security issues in finance
Thu, 13th Jun 2024
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risk & compliance
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cybersecurity
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fraud
A report from reveals critical API security flaws plaguing the US financial sector, with 82% of institutions concerned about regulatory compliance.
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AI implementation in IT: professionals voice concerns
Thu, 13th Jun 2024
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multi-cloud
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aiops
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data privacy
A SolarWinds report shows only 43% of IT professionals believe their databases are AI-ready, with data quality and security concerns as major hurdles.
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Growing divide: Middle managers vs. leaders in Australia
Thu, 13th Jun 2024
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hcm
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payroll systems
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study
Study reveals a growing rift between middle management and senior leaders amid a cost of living crisis, highlighting increased workloads and declining wellbeing.
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State of Engineering Management Report reveals key trends
Thu, 13th Jun 2024
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partner programmes
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ai
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productivity
Jellyfish's 2024 State of Engineering Management Report reveals engineers now seen as strategic partners, with 90% influencing business strategy.
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Celonis named Leader & Star Performer in Everest Group study
Thu, 13th Jun 2024
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ai
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healthtech
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ai agents
Celonis has been named a Leader and Star Performer in the Everest Group Process Mining PEAK Matrix Assessment 2024, highlighting its market dominance and continuous innovation.