Finance stories - Page 7

Datadog plans its first data centre in Australia by mid-2025, responding to local privacy demands and expanding services to over 1,000 clients.

The Australian Government's suspension of mandatory AI regulations raises alarms for Electronic Frontiers Australia, which warns of risks to safety and rights.

A new wave of user-governed AI is emerging in finance, allowing CFOs to enhance oversight and control while streamlining processes and improving accuracy.

Revolut has unveiled local EUR accounts for Australian customers, streamlining payments and enhancing financial management for businesses and travellers.

A recent survey by Gartner indicates that only 37% of teams using traditional AI see productivity boosts, with generative AI trailing at 34%, sparking concerns among CFOs.

Hitachi Vantara has launched the Hitachi iQ M Series, a modular AI-ready infrastructure solution promising to optimise costs and boost efficiency in AI workloads.

Atturra has secured the acquisition of Project Delivery Services LLC, known as Kitepipe, for USD $3.15 million, enhancing its Boomi service capabilities.

Finance teams are urged to enhance fraud detection and audit efficiency as businesses face increasing revenue losses and evolving tactics amidst economic pressures.

DDoS attacks soared by 550% in 2024, primarily fuelled by geopolitical tensions and AI advancements, with the EMEA region bearing the brunt of incidents.

MongoDB has acquired Voyage AI, enhancing its data retrieval capabilities for AI applications, crucial for sectors like healthcare and finance.

Rayls has partnered with LayerZero to enhance cross-chain connectivity for financial institutions, aiming to integrate traditional finance with decentralised finance.

Grapple plans to acquire Spenda's invoice finance portfolio, aiming to enhance its presence in the booming Australian SME market.

DDoS attacks have surged by 82% in a year, with 165,000 incidents reported in 2024, driven largely by IoT devices and AI advancements.

A survey by eflow Global reveals 64% of finance executives see technology-driven risks, especially AI, as key compliance challenges for 2024.

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.

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

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

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

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

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.