Transparency stories - Page 12

Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.

A new WE Communications study reveals Australian firms' struggle to turn AI enthusiasm into action, highlighting gaps in readiness, strategy, and internal communication.

Vertiv's 2023 Responsible Business Report unveils the “One Vertiv, One World” plan, detailing strides in environmental impact and governance.

Nui Markets, Interfood, and StoneX form a partnership aiming to revolutionise the dairy market with a new NFDM futures trading platform.

BlackBerry's research unveiled at Infosecurity Europe shows 74% of UK software supply chains faced cyber attacks in the past year, exposing critical vulnerabilities.

BlackLine and SAP launch SAP Account Substantiation and Automation by BlackLine, enhancing CFOs' financial analysis with end-to-end transparency and control.

Jio Financial Services launches the 'JioFinance' app beta, aiming to revolutionise digital banking and financial activities for Indian citizens.

Google launches AI Overviews for its US search feature, promising enhanced user satisfaction but facing early issues with erroneous summaries.

Ricoh Australia has unveiled its first Reconciliation Action Plan to boost awareness, employment, and opportunities for Aboriginal and Torres Strait Islander peoples.

AI-capable smartphones are set to transform the mobile industry, with 54% expected to integrate AI by 2028, driving new competitive and revenue strategies.

Rich Data Co secures its first US client with M&T Bank Corporation, integrating AI to enhance the bank's risk management and lending strategies.

Amid rising cyber attacks, 69% of Australian retailers are prioritising cyber security in 2024, with a focus on building consumer trust and loyalty.

Culture Amp has launched AI Comment Summaries, a tool leveraging Google Cloud’s Vertex AI to transform HR feedback processing.

Helsinki-based Wolt releases its third Algorithmic Transparency Report, shedding light on the AI-driven systems behind its multi-service app amid growing discussions on AI's future and regulation.

A global survey reveals high trust in AI among executives, yet exposes a significant gap in confidence regarding effective AI strategy execution and data readiness.

Arctic Wolf’s Cybersecurity Report reveals a rise in ransomware and Business Email Compromise attacks, pushing global firms towards increased cyber insurance.

SolarWinds unveils a generative AI engine, SolarWinds AI, set to enhance IT operations by prioritising privacy, security, and reliability, starting with its Service Desk.

A Thomson Reuters study reveals 74% of in-house lawyers foresee a profound impact from AI on the legal sector, yet adoption lags due to budget issues.

Infor launches Infor GenAI and ESG Reporting to boost customer productivity and enhance environmental reporting, delivering tailored solutions for key industries.

Poll reveals 34% of Australian firms view data security as a major hurdle in AI adoption, with 51% lacking a clear data management strategy.