Finance stories - Page 3

DataSnipper has appointed Siu Wei Lee as Sales Director for Asia Pacific and Japan, strengthening its global expansion amid a £1 billion valuation.

PvX Partners has secured USD $3.8 million in seed funding from Play Ventures and General Catalyst to enhance growth in consumer and gaming apps.

As Syrenis marks its 25th anniversary, it announces key leadership appointments, aiming for expansion amidst rising data privacy demands in the tech industry.

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.

BlackLine has expanded its office in Bangalore, adding 50,000 square feet to improve customer support and drive product innovation in India.

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

Research by MillTechFX reveals that over 75% of firms faced losses from unhedged foreign exchange risks in 2024, prompting strategic adjustments in hedging.

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.

Civo has unveiled relaxAI, an innovative AI assistant prioritising privacy, security, and renewable energy in a bid to tackle data governance challenges for UK businesses.

Civo has introduced relaxAI, a new AI assistant prioritising data privacy and powered by renewable energy, starting at GBP £10 per month.

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.