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

Explainable AI Stories

Canadian Stories

Explainable AI stories

Global Stories

Explainable AI stories

Compliance teams become AI verification layer in insurance
Digital Transformation

Compliance teams become AI verification layer in insurance

Insurers risk costly errors if AI outputs are not checked for accuracy before they reach claims, pricing and underwriting decisions.

By Joseph Gabriel Lagonsin • 4 min read • 2 days ago
SBS launches AI foundation for banks on existing systems
Software-as-a-Service

SBS launches AI foundation for banks on existing systems

The rollout could help more than 1,500 institutions use generative AI on trusted in-house data without disrupting core banking operations.

By Karen Joy Bacudo • 3 min read • 2 days ago
ThetaRay appoints Santander veteran to strategy role
Fintech

ThetaRay appoints Santander veteran to strategy role

The hire brings Santander compliance expertise into ThetaRay as banks face tougher anti-money laundering oversight and demand proof their controls work.

By Karen Joy Bacudo • 4 min read • 3 days ago
Newgen names Tarun Nandwani chief executive officer
Software-as-a-Service

Newgen names Tarun Nandwani chief executive officer

The software group is sharpening its global growth push as Tarun Nandwani takes the top job and Pramod Kumar gets a new role.

By Joseph Gabriel Lagonsin • 4 min read • 4 days ago
Finance leaders lose AI gains to verification work
Software-as-a-Service

Finance leaders lose AI gains to verification work

Many finance teams are spending the equivalent of days a week checking AI outputs, wiping out hoped-for productivity gains and slowing adoption.

By Sofiah Nichole Salivio • 4 min read • 5 days ago
Seekr & Enabled Intelligence tie up on AI data scrutiny
Data governance

Seekr & Enabled Intelligence tie up on AI data scrutiny

Buyers in defence and regulated sectors will get a traceable chain of custody for training data as the firms target trust in AI procurement.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Agentic AI creates enterprise challenge beyond LLM boom
Software-as-a-Service

Agentic AI creates enterprise challenge beyond LLM boom

Enterprises face rising costs and governance gaps as thousands of AI agents begin operating alongside staff across multiple systems.

By David Shilovsky • 5 min read • Last week
Cequence Platform 9.0 adds AI assistant for API security
Data Protection

Cequence Platform 9.0 adds AI assistant for API security

Customers can now query and act on API security data in plain English, but every change still needs human approval before it is applied.

By Sofiah Nichole Salivio • 4 min read • Last week
Google opens BigQuery conversational analytics to users
Data Analytics

Google opens BigQuery conversational analytics to users

Businesses can now query BigQuery in plain English, with Google adding audit trails, access controls and scheduled AI analyses.

By Sean Mitchell • 4 min read • Last week
Visa strengthens AI defences amid new era of cyber threats
Data Protection

Visa strengthens AI defences amid new era of cyber threats

Visa is pouring billions into AI defences as regulators demand safer, auditable systems to counter faster cyber threats and fraud.

By David Shilovsky • 6 min read • Last week
Partly raises USD $50 million to fuel US expansion
Digital Transformation

Partly raises USD $50 million to fuel US expansion

The fresh capital gives the automotive software firm room to scale in the US, where repair delays and manual processes still add costly friction.

By Sofiah Nichole Salivio • 5 min read • Last week
Lucanet launches AI agents for finance & tax teams
Software-as-a-Service

Lucanet launches AI agents for finance & tax teams

Finance teams face a new push to automate reporting and close processes, as Lucanet adds AI tools while keeping calculations rule-based for auditors.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Explainable AI stories

Clue appoints Mark Watson as Chief Operating Officer
Software-as-a-Service

Clue appoints Mark Watson as Chief Operating Officer

Annual recurring revenue growth and surging demand have prompted Clue to bring in veteran software executive Mark Watson to tighten operations.

By Sofiah Nichole Salivio • 4 min read • 3 days ago
New Zealand urged to boost transparency in data use
Data Protection

New Zealand urged to boost transparency in data use

Wider adoption of AI tools is prompting calls for plain-language data rules that give New Zealanders more control over personal information.

By Sean Mitchell • 4 min read • 4 days ago
Neurologyca launches labs for human context intelligence
Robotics

Neurologyca launches labs for human context intelligence

The new division aims to address a key weakness in AI tools that can complete tasks but still miss shifting human intent and trust in real time.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Baz launches Planner with USD $9 million seed raise
Software-as-a-Service

Baz launches Planner with USD $9 million seed raise

The new planning tool aims to cut bugs and security flaws before code is written, as the startup's seed funding reaches USD $17 million.

By Sean Mitchell • 4 min read • Last week
Australian IT leaders say data gaps stall AI scale
Digital Transformation

Australian IT leaders say data gaps stall AI scale

A lack of live data infrastructure is leaving most Australian IT leaders unable to scale AI, according to new research from Confluent.

By Mark Tarre • 4 min read • Last week