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

Transparency Stories

Canadian Stories

Transparency stories

Probe finds OpenAI violated privacy laws in ChatGPT dev
Data Protection

Probe finds OpenAI violated privacy laws in ChatGPT dev

Privacy regulators in Canada say the chatbot maker failed to obtain valid consent for training data, prompting ongoing oversight and reform.

By Jake MacAndrew • 3 min read • Last month
Visa expands AI payments testing to Canadian issuers
Data Protection

Visa expands AI payments testing to Canadian issuers

Canadian banks will test how AI agents can initiate card payments as Visa prepares issuers for new controls over consent, fraud and liability.

By Karen Joy Bacudo • 4 min read • Last month
Tetra launches Canada's first regulated CADD stablecoin
Crypto

Tetra launches Canada's first regulated CADD stablecoin

Canadian banks and fintechs now have a regulated on-chain settlement option as CADD enters a market long dominated by US-dollar stablecoins.

By Karen Joy Bacudo • 4 min read • Last month

Global Stories

Transparency stories

Tumeryk joins Cloud Security Alliance on AI risk scoring
Cloud Security

Tumeryk joins Cloud Security Alliance on AI risk scoring

Enterprises could gain a more standard way to compare AI risk, as the Cloud Security Alliance expands its RiskRubric ecosystem with Tumeryk.

By Mark Tarre • 4 min read • Last week
ADC warns EU AI Act delay could raise compliance costs
Data governance

ADC warns EU AI Act delay could raise compliance costs

Delaying the European Union's high-risk AI rules may force firms to redesign systems later, adding cost and leaving users exposed meanwhile.

By Sofiah Nichole Salivio • 4 min read • This month
DTCC & Stellar plan tokenised assets on public chain
Fintech

DTCC & Stellar plan tokenised assets on public chain

The tie-up could let banks and asset managers move regulated securities onchain, with DTC-settled tokenised assets due in 2027.

By Karen Joy Bacudo • 5 min read • Last month
Consumers trust marketplaces more than brands online
Gaming

Consumers trust marketplaces more than brands online

Confidence in online retail is shifting towards the platform, with a 9,000-person study finding marketplaces outrank direct brands on trust.

By Mark Tarre • 4 min read • Last month
Oleeo says Gen Z work criticisms miss labour shifts
Artificial Intelligence

Oleeo says Gen Z work criticisms miss labour shifts

Younger staff are being misread as disengaged, as changing career paths and AI adoption reshape expectations across the workplace.

By Sean Mitchell • 4 min read • Last month
Xero launches XeroForce AI agent builder for finance
Data Protection

Xero launches XeroForce AI agent builder for finance

The tool could cut repetitive finance admin for accountants and small businesses, while keeping every automated step logged for compliance.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Stories from Other Regions

Transparency stories

Tes appoints Wayne Strydom as Head of AI innovation
Software-as-a-Service

Tes appoints Wayne Strydom as Head of AI innovation

The hire puts responsible automation and data governance at the heart of Tes360 as schools demand clearer benefits from AI tools.

By Sofiah Nichole Salivio • 4 min read • Yesterday
It's time insurance seeks out next gen responsible technologies
Data Protection

It's time insurance seeks out next gen responsible technologies

Trust is now a commercial issue for insurers, as Consumer Duty and wary customers push them towards transparent AI and fairer claims handling.

By Paula Milton • 5 min read • This month
Garuda Indonesia modernises core systems with RISE with SAP
Private Cloud

Garuda Indonesia modernises core systems with RISE with SAP

The move is designed to cut costs and improve transparency as the carrier links finance, procurement and maintenance systems on SAP Cloud ERP Private.

By Sean Mitchell • 3 min read • Last month
AI delivers measurable gains at Coles, bank & law firm
Data Protection

AI delivers measurable gains at Coles, bank & law firm

Australian firms are starting to reap AI gains in productivity and customer service, but trust and pricing models are now under pressure.

By Mark Tarre • 4 min read • Last month
iPayroll warns firms over AI data risks in payroll
Software-as-a-Service

iPayroll warns firms over AI data risks in payroll

Payroll teams face growing privacy risks as software providers increasingly reserve rights to use salary data to train AI models.

By Sofiah Nichole Salivio • 3 min read • Last month
Facewatch appoints Dean Armstrong KC as Data Chief
Data Protection

Facewatch appoints Dean Armstrong KC as Data Chief

The hire comes as live facial recognition in British shops faces mounting scrutiny over privacy, accountability and safeguards for shoppers and staff.

By Sofiah Nichole Salivio • 3 min read • Last month
UK consumers want human checks in insurance AI use
Data Protection

UK consumers want human checks in insurance AI use

Human oversight remains a red line for many policyholders, with only 30% of UK consumers happy for insurers to use AI on pricing decisions.

By Sean Mitchell • 4 min read • Last month
Australians back AI rules as trust gap remains wide
Data Protection

Australians back AI rules as trust gap remains wide

Most Australians would adopt AI sooner if tougher safeguards were in place, yet only 1% say they completely trust the technology.

By Joseph Gabriel Lagonsin • 4 min read • Last month