Technology: Page 4
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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 Grace Noto • Sept. 19, 2024 -
Courtesy of Xerox
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 Alexei Alexis • Sept. 18, 2024 -
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TrendlineSpend 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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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 Grace Noto • 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 Alexei Alexis • Sept. 17, 2024 -
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Microsoft finance team puts Copilot to the 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 Alexei Alexis • Sept. 17, 2024 -
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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 Grace Noto • Sept. 13, 2024 -
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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 Jim Tyson • Sept. 12, 2024 -
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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 Alexei Alexis • Sept. 11, 2024 -
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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 Grace Noto • Sept. 10, 2024 -
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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 Alexei Alexis • Sept. 10, 2024 -
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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 Alexei Alexis • Sept. 10, 2024 -
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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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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 Grace Noto • Sept. 6, 2024 -
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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 Alexei Alexis • Sept. 5, 2024 -
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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 Alexei Alexis • 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 Alexei Alexis • Sept. 3, 2024 -
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OpinionDeveloping 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 -
Photo illustration by Danielle Ternes/CFO Dive; photograph by yucelyilmaz via Getty Images
CISA launches cyber incident reporting portal to streamline breach disclosure
The secure portal is designed to encourage faster and more robust information sharing about malicious attacks and critical vulnerabilities.
By David Jones • Aug. 30, 2024 -
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Only 58% of executives assessed business risks of AI: PwC
Rapid advances in AI outpace efforts to contain the risks from the technology, according to executives and officials.
By Jim Tyson • Aug. 29, 2024 -
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Salesforce CFO to exit post after successor is picked
Amy Weaver is also expected to become a special adviser to the CEO once she steps down as the company’s finance chief.
By Alexei Alexis • Aug. 29, 2024 -
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What’s keeping businesses from a paperless future?
Printers are still alive and well across finance, healthcare and legal services, industries that rely heavily on hard copies thanks to legal requirements and customer expectations.
By Suman Bhattacharyya • Aug. 27, 2024 -
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OpinionDon’t over-budget for digital transformation in 2025
Every transformation should include a robust and detailed business case with defensible and realistic numbers, writes ISG’s Jon Lightman.
By Jon Lightman • Aug. 27, 2024 -
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EWA providers crusade against CFPB rule proposal
Earned wage access providers that backed state laws friendly to the industry are preparing for a fight over the Consumer Financial Protection Bureau’s plan to treat such payments like loans.
By Lynne Marek • Aug. 26, 2024 -
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Target CFO says GenAI tool is boosting worker efficiency
The chatbot, which helps Target’s team members resolve on-the-job challenges, is making it easier and faster to assist customers, CFO Michael Fiddelke said.
By Alexei Alexis • Aug. 22, 2024
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