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

Latest news - Page 67

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Australian firms see customer rates hit by increasing fraud
Thu, 2nd May 2024
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fintech
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ai
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ml
LexisNexis Risk Solutions' study reveals 80% of Australian firms recognise fraud significantly impacting customer conversion rates.
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SAS unveils industry-specific AI models to transform business solutions
Thu, 2nd May 2024
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genai
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llms
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ai
SAS is set to revolutionise business operations with industry-specific AI models designed for swift implementation and maximum productivity.
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MYOB updates platform for easier SMB user experience
Thu, 2nd May 2024
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fintech
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financial systems
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accounting systems
MYOB has updated its business management platform to simplify navigation for small-to-medium businesses, enhancing usability.
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Over half of enterprises investing in Generative AI
Thu, 2nd May 2024
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cx
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martech
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genai
More than 50% of enterprises are investing in Generative AI to facilitate integration and automation, enhancing productivity and customer experience.
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Let’s dive in! Amperity’s CTO on Gen AI as catalyst for digital transformation
Thu, 2nd May 2024
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digital transformation
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cx
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martech
Amperity's CTO, Derek Slager, advocates for Gen AI as a game changer for digital transformation and urges companies to fully embrace this technology or risk lagging behind.
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Cloudera & Aboitiz Data's pioneering AI partnership for APAC
Thu, 2nd May 2024
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data science
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genai
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ai
Cloudera forms a strategic partnership with Aboitiz Data Innovation to deliver enhanced data science and AI solutions across the Asia Pacific financial services and industry sectors.
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Australian firms struggle to understand CISO role, says Fastly
Thu, 2nd May 2024
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fintech
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financial systems
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cybersecurity
A recent survey by Fastly reveals 81% of Australian businesses have a CISO role, but there remains significant confusion around the role's responsibilities and value.
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Are we really using our Human Resources data properly?
Thu, 2nd May 2024
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hcm
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outsourcing
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payroll systems
A lot of firms grapple with optimising data use amidst HR challenges, risking invaluable insights and modern efficiencies.
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Australian SMEs risk efficiency due to slow tech adoption
Thu, 2nd May 2024
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ai
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telstra
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digital adoption
Australian SMEs risk falling behind in the ever-evolving tech landscape due to reluctance in adopting digital technologies.
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Aussie businesses lag in AI adoption compared to APAC peers
Thu, 2nd May 2024
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ai
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employment
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ai adoption
Australian businesses are trailing behind Asia-Pacific counterparts in AI adoption, with 33% having no AI usage or plans to implement.
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Amazon Q's AI increases business productivity by almost 50%
Wed, 1st May 2024
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digital transformation
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hyperscale
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public cloud
Amazon Web Services launches Amazon Q, an AI assistant designed to boost employee productivity by up to 49%, as businesses continue to adopt digital transformation.
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Ransomware attack costs on Australian firms soar, reveals Sophos
Wed, 1st May 2024
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firewalls
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encryption
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network security
Ransomware attacks on Australian businesses drop by 14%, yet the financial fallout escalates, with average ransom payments seeing a staggering 297% surge.
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Alphinity & CSIRO launch Responsible AI framework for investing
Wed, 1st May 2024
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ai
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investment
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csiro
Alphinity Investment Management and Australia's CSIRO develop Responsible AI framework to bridge gap between AI sector investments and traditional ESG principles.
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Employment report reveals 2024 forecasts & anxieties
Wed, 1st May 2024
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recruitment
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employment
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work-life balance
People2people Recruitment's latest report presents business growth predictions, employment preferences, and worker anxieties for 2024.
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ERP systems revolutionise print management sector, says ECI executive
Wed, 1st May 2024
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rpa
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erp
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printing
ERP systems evolve as game-changers in the print management sector, helping firms streamline operations while alleviating challenges related to inventory and financial management, claims ECI Software Solutions' account executive Josh McHugh-Cullen.
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John Monash Foundation opens scholarship applications for 2025
Wed, 1st May 2024
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leadership
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scholarship
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john monash foundation
The Sir John Monash Foundation is now inviting applications for its 2025 scholarship program, offering Australia's brightest talents the chance to study internationally and develop into future global leaders.
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Logicalis Australia partners with Commvault for enhanced data protection
Wed, 1st May 2024
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data protection
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commvault
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logicalis
Logicalis Australia boosts its data protection capabilities with a strategic partnership with Commvault, offering businesses comprehensive, scalable data protection across hybrid and multi-cloud environments.
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Australian firms at risk due to evolving cybercriminal sophistication
Wed, 1st May 2024
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biometrics
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mfa
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fintech
Growing sophistication of cybercriminal identities threatens Australian enterprises, as only over one-third implement multi-factor authentication, leaving them vulnerable to AI-driven attacks, reports Ping Identity.
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Aussies sceptical about AI banking, prefers human interaction - study
Wed, 1st May 2024
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fintech
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financial systems
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accounting systems
Despite a surge in digital banking, 58% of Australians remain uncertain about AI-enhanced services due to job loss fears, data security concerns, and a preference for human interaction, says a Publicis Sapient study.
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Localsearch pioneers Australian SMB support with nationwide expansion
Wed, 1st May 2024
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google
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youtube
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instagram
Localsearch, Australian digital innovation company, expands nationwide in response to a 28% rise in interstate demand from small businesses for its AI-powered marketing solutions.