Technology: Page 2


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    Digital transformation startup Whatfix gets $125M boost

    The SoftBank-backed startup plans to enhance its product suite and expand its market presence globally.

    By Sept. 26, 2024
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    Retrieved from Lynne Marek on March 04, 2022
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    Moneygram faces backlog after outage

    The international wire transfer company has restarted some services after a cyberattack forced its systems to be shut down. 

    By Lynne Marek • Sept. 26, 2024
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    Trendline

    Spend management innovation yields equity value

    Spend management technology is about attracting talented staff, reducing compliance problems and scaling back-office operations in a way that creates value. 

    By CFO Dive staff
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    opolja via Getty Images
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    Controllers prep for ‘dramatic’ role changes, focus on value creation: EY

    While controllers recognize that change is coming, and coming quickly, they “don't necessarily have a view on what that will look like,” EY’s Myles Corson said.

    By Sept. 25, 2024
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    Smith Collection/Gado/Sipa/AP 

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    Grammarly taps IPO veterans for CFO, CTO

    Grammarly doesn't have any “immediate plans” for an IPO, but needs leaders who can “scale an already sizeable, high-growth company," a spokesperson said.

    By Sept. 24, 2024
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    gorodenkoff via Getty Images
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    Dark web exposure is ‘highly correlated’ with cyberattack risk

    Organizations that are mentioned in dark web market listings are more than twice as likely to experience an attack, Marsh McLennan found.

    By Sept. 24, 2024
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    Data privacy concerns swirl around generative AI adoption

    IT and business professionals fear the technology's adoption can lead to data leakage, according to a Deloitte report.

    By Roberto Torres • Sept. 24, 2024
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    Tim Boyle / Staff via Getty Images
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    IBM ups bet on FinOps market in Kubecost buy

    The acquisition raises questions, including whether the deal will increase “an already high price tag” for IBM’s FinOps suite, an analyst said.

    By Sept. 24, 2024
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    Getty Images via Getty Images
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    CFOs must prep for AI-driven organizational, strategy shifts: Thomson Reuters

    Finance chiefs are “uniquely positioned” to take point on AI’s adoption ahead of its coming strategic impact, Thomson Reuters’ interim head of data and analytics said.

    By Sept. 19, 2024
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    Courtesy of Xerox
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    Xerox taps insider to succeed retiring CFO

    The transition comes on the heels of recent financial challenges at the Norwalk, Connecticut-based tech company.

    By Sept. 18, 2024
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    gorodenkoff via Getty Images
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    CFOs juggle strategy, economic pressures in AI push: Billtrust

    Heightened pressure to deliver strategy could push CFOs to adopt GenAI faster than previous technologies, Billtrust CEO Sunil Rajasekar said. 

    By Sept. 18, 2024
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    SAP joins $15M funding round for risk detection startup Datricks

    The investment comes as payment fraud targeted at businesses — a key focus of the startup — is surging, with a heavy impact on corporate revenues.

    By Sept. 17, 2024
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    David Ryder/Getty Images via Getty Images
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    Microsoft finance team puts Copilot to test in transformation push

    The software giant’s finance professionals have become some of Copilot's top users in the company, Microsoft’s Cory Hrncirik said.

    By Sept. 17, 2024
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    Adam Gray via Getty Images
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    Microsoft names former GE CFO to long-vacant COO role

    The tech giant is tapping the GE alum to serve as COO, a role which has stayed vacant for eight years, as it continues to bet big on AI.  

    By Sept. 13, 2024
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    dem10 via Getty Images
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    Artificial intelligence may boost profit margins 2% over next five years: BofA

    “Investors frequently overestimate the magnitude of tech disruption in the near term and underestimate it over the longer term,” Bank of America said.

    By Sept. 12, 2024
  • Close-up stock photograph showing a touchscreen monitor being used in an open plan office. A woman’s hand is asking an AI chatbot pre-typed questions & the Artificial Intelligence website is answering
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    Laurence Dutton via Getty Images
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    CFOs’ AI adoption gains momentum: Gartner

    Sixty-six percent of finance leaders are more optimistic about the technology compared to last year, the study found.

    By Sept. 11, 2024
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    Viorika via Getty Images
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    Airwallex eyes embedded payments in globalization push

    Two “immediate bets” the company is making include increasing headcount in Brazil and Mexico, executive GM Ravi Adusumilli said.

    By Sept. 10, 2024
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    Techa Tungateja via Getty Images
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    B2B payment fraud poised for 2024 surge

    The threat can be devastating, with many companies losing more than 30% of their total revenue to fraudulent activities each year, according to a Creditsafe report.

    By Sept. 10, 2024
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    sodafish via Getty Images
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    Companies lean on AI in push to curb cyber insurance costs

    Half of business leaders responding to a Delinea survey said their organization was able to negotiate a lower cyber insurance rate after using AI.

    By Sept. 10, 2024
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    Justin Sullivan via Getty Images
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    Salesforce shapes industry-tailored AI play targeting 15 sectors

    The software provider unveiled an AI Use Case Library with more than 100 AI capabilities aimed at financial services, life sciences, healthcare and other sectors.

    By Lindsey Wilkinson • Sept. 9, 2024
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    RealPage lawsuit opens a new antitrust front for pricing algorithms

    The rise of Big Data across the economy raises antitrust concerns, especially where companies are sharing sensitive proprietary data, legal experts say.

    By Justin Bachman • Sept. 6, 2024
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    metamorworks via Getty Images
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    SoundHound AI programmatic M&A strategy targets 2025 ‘break even’

    In the midst of AI hype, SoundHound is leaning on programmatic M&A to balance profitability with hypergrowth, CFO Nitesh Sharan said.  

    By Sept. 6, 2024
  • A Honeywell sign is posted in front of an office building.
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    Justin Sullivan via Getty Images
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    Honeywell taps insider for CFO seat

    The transition comes as Charlotte, North Carolina-based Honeywell’s CEO is laser-focused on accelerating growth.

    By Sept. 5, 2024
  • The Apple logo at the Fifth Avenue New York City Apple store.
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    Eric Thayer via Getty Images
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    August tech layoffs surpassed 26K, highest level since January

    Tech job cuts are continuing to pile up as industry leaders zero in on objectives such as freeing up capital to fund AI initiatives.

    By Sept. 4, 2024
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    Deepfake scams escalate, hitting 53% of businesses

    Eighty-five percent of corporate finance professionals now view such scams as an “existential” threat, a Medius study found.

    By Sept. 3, 2024
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    Opinion

    Developing a winning tech strategy for your organization

    Business leaders must embrace team cross-functionality if they want their tech strategy to succeed, Deloitte’s Frank D’Amelio and John Marcante write.

    By Frank D’Amelio and John Marcante • Sept. 3, 2024