CFOtech Canada - Technology news for CFOs & financial decision-makers

Latest news - Page 3

The missing link in eidv why data quality drives fraud prevention

The missing link in eIDV: Why data quality drives fraud prevention

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Banks warned to pair eIDV with address checks as data quality becomes central to spotting synthetic identities and strengthening KYC and KYB controls.
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Ottawa backs Siemens battery AI R&D with CAD $23M in funding

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Canada funds Siemens AI battery research hub to boost manufacturing efficiency, protect thousands of jobs and deepen its North American supply chain.
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OVHcloud and Alchemy strike blockchain cloud tie-up

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OVHcloud teams up with Alchemy to host blockchain developer tools on its cloud, targeting regulated markets and multi-cloud growth.
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Oracle & Google Cloud add Gemini Enterprise database agent

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Oracle and Google Cloud add Gemini Enterprise access to governed database data, letting users query enterprise records in natural language without SQL.
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Float launches AI tool to automate Canadian tax coding

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Float rolls out AI-driven transaction coding for Canadian businesses, aiming to cut month-end admin with HST, GST and PST automation.
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When identity becomes the payment rail

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EU wallet rules could turn digital identity into the next payments backbone, forcing banks to rethink onboarding, fraud and customer trust.
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Luminance & LexisNexis link legal AI tools for contracts

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Luminance and LexisNexis have struck a tie-up to embed citation-backed legal research inside contract review, aiming to cut switch-hopping for in-house lawyers.
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Pinewood lifts revenue as US dealership testing starts

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Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
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Wasabi secures USD $250 million credit facility from Bain

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Wasabi lands USD $250 million Bain-led credit line to fund cloud storage expansion, AI-ready infrastructure and overseas growth.
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Peer Software expands partner programme for hybrid file data

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Peer Software deepens channel push with enhanced Partner Programme, adding incentives, training and a file analysis tool for hybrid environments.
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Prometheus Group buys Tamarack to expand procurement

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Prometheus Group turns to procurement with Tamarack deal, linking asset management software to supplier agreements for mining and heavy industry.
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Xero unveils AI business health scorecards for users

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Xero rolls out AI-powered business health scorecards as 4.6 million subscribers gain deeper KPI tracking, cash flow forecasts and sharing tools.
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Paysight adds Paymend failed-payment recovery tool

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Paysight plugs in Paymend's recovery layer to help merchants reclaim failed payments and cut churn across eCommerce and subscription billing.
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Nium partners Coinbase for USDC cross-border payments

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Nium and Coinbase launch USDC payments service for businesses across 190 markets, aiming to cut trapped liquidity and speed cross-border settlements.
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Sovos appoints David McCann as Chief Technology Officer

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Sovos hires Self Financial veteran David McCann to steer global technology push as it scales AI-driven tax compliance tools for multinational clients.
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Litera Compare lands in Google Workspace for lawyers

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Litera brings AI redlining and document comparison to Google Drive and Docs, giving lawyers a new way to review contracts inside Workspace.
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Scotiabank launches AI home energy advice tool in Canada

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Scotiabank rolls out AI home energy advice for Canadians, pairing retrofit estimates and rebate guidance with virtual coaching and financing options.
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Wagepoint names Alexander Gonçalves as Chief Commercial Officer

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Wagepoint hires Alexander Gonçalves to lead sales and marketing as the Canadian payroll software firm intensifies its growth push for small businesses.
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Hyland launches AI tools for finance, SAP & education

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Hyland embeds AI into finance, SAP and student workflows as it upgrades Content Innovation Cloud for regulated enterprise processes.
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Spinnaker Support names Castello & Smith to leadership

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Spinnaker Support appoints Pete Castello as Chief Revenue Officer and Belle Smith as Vice President of Global Marketing amid growing demand.