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

Latest news - Page 5

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spektr raises USD $20 million to expand AI compliance

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Spektr lands USD $20 million Series A from NEA as Copenhagen AI compliance platform targets manual checks at banks and fintechs.
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Tether backs Drift Protocol relaunch with GBP £150m

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Tether leads USD $150 million recovery plan as Drift Protocol seeks to restore user balances and restart trading after April exploit.
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Blackhawk launches digital wallet for unified stored value

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Blackhawk Network has unveiled a Digital Wallet API that lets brands pool gift cards, refunds, loyalty rewards and promo credit into one spendable balance.
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Global study finds 78% use AI for investment insights

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genai
Study finds AI now shapes investment research for 78.3% of users, with strongest enthusiasm in the Middle East and Latin America.
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SAS names Deloitte, Microsoft & Intel as partner winners

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partner programmes
Deloitte, Microsoft and Intel among SAS partner awards winners as global software vendor spotlights channel growth across Europe, Asia-Pacific and the Americas.
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OpenAI says weekly users top 900 million as AI reshapes work

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OpenAI's weekly user base has surged past 900 million as experts warn AI's economic impact is still hiding in official data.
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Azul momentum surges as enterprise Java demand jumps

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Azul wins a bigger enterprise foothold as FY26 bookings leap, partners expand and a Thoma Bravo-backed deal and Payara buyout widen its Java push.
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Exclusive: Adyen targets fragmented payments with Intelligent Money Movement

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blockchain
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payment technologies
Adyen is positioning Intelligent Money Movement as a unified layer for payments, payouts and liquidity, targeting fragmented treasury systems.
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Artemis announces $70 million in seed funding for AI security

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digital transformation
Artemis lands $70 million as investors back AI-driven cyber defence platform for real-time threat detection and response.
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Manufacturing leads ransomware targets in 2025 report

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Manufacturing was the most targeted sector for ransomware in 2025, as Check Point counted 1,466 attacks worldwide amid rising supply chain exposure.
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Equifax Canada warns of 31% rise in first-party fraud

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Equifax Canada flags 31% jump in first-party fraud as credit cards and banking see more applicants overstating income and finances.
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Dext launches AI Assist as accountants warn of tax errors

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digital transformation
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fintech
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financial systems
Dext launches AI Assist in Canada as accountants warn that plausible automated tax advice can still understate liabilities and trigger filing issues.
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Ecommpay report says eCommerce fraud needs overhaul

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Ecommpay urges eCommerce overhaul as fraud report says current controls miss social engineering, distort competition and leave merchants exposed.
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StructureFlow update turns legal data into editable AI

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data analytics
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digital transformation
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fintech
StructureFlow expands its AI platform to turn PDFs, diagrams and spreadsheets into editable legal and financial models for deal teams.
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Unit4's Scanmarket tops sourcing data quadrant again

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digital transformation
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cx
Unit4's Scanmarket wins top spot in Info-Tech's Strategic Sourcing Data Quadrant for a second year as new customers boost source-to-contract momentum.
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AI projects stall as testing lags behind deployment

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devops
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digital transformation
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apm
AI testing lags as more than half of organisations ship features, with 52% saying fewer than half of projects reach full production.
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Qlik launches agentic AI advisory to speed deployments

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risk & compliance
Qlik rolls out agentic AI advisory to help enterprises prioritise use cases, strengthen governance and move from ideas to deployment faster.
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Elite adds AI to flag dubious legal billing entries

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risk & compliance
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erp
Elite rolls out AI-powered Validate checks to catch questionable legal billing before invoices go out, aiming to cut write-offs and speed payment.
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Colt completes SAP cloud ERP migration across 40 countries

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Colt trims ERP switchover downtime to 6.5 hours as cloud overhaul unifies systems across 40 countries and supports sustainability goals.
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Qlik adds trust controls for AI-ready data products

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Qlik adds trust scores, service levels and anomaly detection to data products as chief executive officer Mike Capone warns weak data can drive AI risk.