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

Digital Economy stories - Page 2

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Equinix acquires three Manila data centres as digital economy grows
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digital transformation
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hyperscale
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dc
Equinix acquires three Manila data centres to bolster digital infrastructure amid the Philippines' USD $45bn digital economy surge in 2024.
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Indosat & GoTo launch multilingual AI model for Indonesia
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digital transformation
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ai
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digital economy
Indosat and GoTo launched Sahabat-AI, a 70-billion parameter large language model supporting five Indonesian languages to boost local AI and digital sovereignty.
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Superloop to Deliver Digital Network for New Bradfield City
Last week
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uc
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surveillance
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connectivity
Superloop has been appointed to deliver and manage the digital network for Bradfield, a new city in Western Sydney set to house 10,000 homes.
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Advance.CBP unveils new Makati office & plans for credit access
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fintech
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ai
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ml
ADVANCE.CBP opens new office in Makati, unveiling advanced credit scoring solutions to boost financial inclusion across the Philippines.
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Fundbox rebrands to power embedded finance for small business
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fintech
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api
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smb
Fundbox shifts from direct lending to embedding capital infrastructure in platforms, aiming to bridge the USD $2 trillion small business credit gap.
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Alibaba & SAP partner to drive cloud innovation in China & beyond
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digital transformation
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erp
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ai
Alibaba Group and SAP have teamed up to boost enterprise innovation in China, with plans to extend their cloud and AI collaboration across Asia, the Middle East and Africa.
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Australia's data centre boom shifts to regional areas
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hyperscale
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dc
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ai
Australia's data centre market is booming, with regional sites rising fast due to AI advances and renewable energy, doubling facilities in five years.
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Velocity secures USD $10M to build stablecoin platform
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fintech
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blockchain
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payment technologies
Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.
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SME CyberResilience aims to boost cyber defences for 2,000 firms
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advanced persistent threat protection
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supply chain
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cybersecurity
ST Engineering and IMDA launch SME CyberResilience to provide 2,000 Singapore SMEs with free cyber threat scanning and expert guidance.
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Alibaba Cloud, IMDA launch AI accelerator for 3,000 SMEs
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it training
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digital transformation
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genai
Alibaba Cloud and IMDA launch a Digital Accelerator Programme to help 3,000 Singaporean SMEs adopt cloud and AI technologies, supporting digital growth.
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BrioHR raises USD $6.5 million to drive ASEAN digital jobs
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digital transformation
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data science
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hcm
Malaysian HR tech startup BrioHR raises USD $6.5 million to expand AI-driven solutions, aiming to boost ASEAN's digital workforce ahead of the 2025 Summit.
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Vertiv opens new Sydney HQ with customer experience centre
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edge computing
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ai
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cloud services
Vertiv has opened its new Sydney HQ with the first Customer Experience Centre in Australia, enhancing support for the nation's growing digital economy.
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Sinch named top vendor for RCS messaging in global ROCCO report
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cx
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martech
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Sinch is named a Tier 1 vendor in ROCCO’s 2024 RCS Messaging Market Impact Report, praised by operators in 64 countries for technical strength and reliability.
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Red Hat expands partner support for Enterprise Linux 10 release
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devops
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hybrid cloud
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digital transformation
Red Hat boosts hybrid cloud and AI workloads by expanding partner support and releasing Red Hat Enterprise Linux 10 across major cloud platforms.
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Temu joins global council to step up fight against online fakes
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payment technologies
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personal computing devices
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apple
Temu has joined the International Anti-Counterfeiting Coalition's Marketplace Advisory Council to strengthen efforts against online counterfeit goods.
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Are stablecoins the new superstars of crypto?
Last month
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blockchain
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payment technologies
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defi
Stablecoins, digital currencies pegged to stable assets like the US dollar, are emerging as dependable players reshaping the crypto and global finance landscape.
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Digitalisation could boost NZ SME GDP by NZD $8.6 billion in 2025
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data analytics
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digital transformation
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financial systems
New Zealand SMEs could boost GDP by NZD $8.6bn by 2025 through digitalisation, says report by Xero and NZ Institute of Economic Research.
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BrioHR raises USD $6.5 million to boost AI HR in Singapore
Last month
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digital transformation
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hcm
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ai
BrioHR has raised USD $6.5 million to expand its AI-driven HR platform in Singapore, enhancing digital HR solutions for SMEs across Southeast Asia.
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Ecommpay shortlisted for three categories at PayTech Awards 2025
Last month
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fintech
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payment technologies
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mastercard
Ecommpay has been shortlisted for three awards at the PayTech Awards 2025, recognising innovation in payments, anti-fraud, and diversity leadership.
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Digital resilience as a practical blueprint for SMEs in Malaysia
Last month
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data analytics
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digital transformation
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iot
Malaysia's one million SMEs, generating nearly 40% of GDP and half of all jobs, are embracing digital tools to boost productivity and resilience.