Finance stories - Page 2

Hedgehog lab has bought Label Sessions to build a full-stack innovation consultancy, linking AI delivery with a 500-strong global expert network.

1Kosmos has joined the Saviynt Exchange, embedding biometric identity proofing and passwordless login into Saviynt’s cloud security platform.

Fintech and healthcare prepare to tame quantum-era unpredictability, as firms plan AI guardrails and quantum-safe security by 2026.

Finance chiefs brace for AI upheaval as CIMA warns of widening skills gap and underprepared teams despite soaring expectations.

Databricks secures over USD $4bn in fresh funding, lifting its valuation to USD $134bn as demand for AI data infrastructure surges.

Asia Pacific firms are urged to prioritise real-time, high-quality data and robust governance to unlock AI's full potential and avoid costly errors.

Finance teams face rising AI-driven fraud, fatigue and stricter compliance in 2026, reshaping how businesses manage risk and productivity globally.

Accenture and Snowflake have formed a new business group to accelerate generative AI adoption and data transformation, with Caterpillar as an early client.

By 2026, AI will transform customer service with firms mandated to disclose AI use, boost transparency, and balance trust and security in interactions.

Accenture partners with OpenAI to provide ChatGPT Enterprise to its workforce, boosting AI adoption and accelerating business transformation across industries.

Freshworks unveils Freshservice for Business Teams as a standalone platform, enabling HR, Finance and Legal to independently manage internal workflows.

New Budget rules clarify pension inheritance tax but raise concerns over delays and introduce a £2,000 salary sacrifice pension cap from 2029, sparking employer caution.

UK midmarket finance leaders overestimate AI adoption, with 83% claiming use, but only 19% of controllers agree, revealing a major perception gap.

ConnectOS ranks 37th on AFR Fast 100 for the fourth year, posting USD $66m revenue and 65% growth, expanding its offshore teams for Australian firms.

Australian digital firms topping growth charts rely on robust cloud ERP systems like NetSuite to manage scaling revenue, operations and expansion.

Expert Tech CEO Pat Murphy highlights AI's key role in enhancing security and compliance for Australia's mutual banks amid rising cyber threats and cost pressures.

Techcombank funds Vietnam's National A.I. Challenge with $1 million scholarships to boost local AI talent and digital innovation nationwide.

SAP’s Muhammad Alam says AI delivers true ROI when embedded seamlessly into applications, breaking data silos and enhancing user experiences, not as a standalone application.

Despite billions invested in AI, financial firms see slow adoption as solutions must prioritise trust, transparency, and augment human judgement over automation.

US banks boost AI spending to combat rising check fraud, linked to USD $12.5 billion loss, ahead of the holiday season peak in fraudulent activities.