Financials stories

The financial sector is being targeted by cybercrime cartels and nation-states, and the bank heist has evolved significantly — from a heist to a hostage situation.>>

The financial threat landscape experienced a game-changing pandemic year, according to a new report from Kaspersky.>>

"Today's volatile and constantly changing channel environment places even greater competitive pressure on high tech companies.">>

The total transaction value disclosed across all deals in the space was also significant, reaching $112 billion - the highest amount on record.>>

According to a statement, the acquisition is designed to bring together their shared vision, technological strengths, and global presence, to accelerate both companies' long-term growth, global expansion and value creation strategy. >>

As well as continually struggling with tedious workflows and manual processing, many finance professionals are still finding it a challenge to complete their month-end close. This is where software can help, writes BlackLine regional vice president for A/NZ Claudia Pirko.>>

“With a broad range of products and services and diverse range of partners, the company expects to mitigate downside risks to profitability. The company has sound liquidity with no external debt.”>>

Profit after expenses and income tax totalled $327,438 – up from $219,727 in the year previous.>>

LG's New Zealand branch has reported an increase in total revenue, but a decrease in net profit in the company's financial results for 2019.>>

Chief executives are being looked at to take accountability for errors in financial reporting, according to a new global survey. >>

The cybersecurity company saw gains in almost every category for its financial results of the first quarter of the year.>>

“With unprecedented uncertainty facing many organisations today, it's more challenging than ever for F&A to deliver an accurate picture of a company’s financial health.">>

“As Australia and New Zealand’s financial industry adapts to pressure from fintechs and bank disruptors and increasing regulation requirements, the time to innovate is now.”>>

The company reached its goal of $1 billion annual revenue, according to figures.>>

Apple has released its New Zealand annual financial statements to the year ended 28 September 2019, with a 22% dip in profit year-over-year.>>

Artificial Intelligence is said to be one of the most revolutionary forces for the insurance and financial trades in New Zealand, according to a new report by the AI Forum of New Zealand.>>

Apptio has launched ‘Insights and Action Plans’, a new solution that notifies users of opportunities for optimisation, areas of hidden spend, variance from forecast and more.>>

The telco's continued improved performance was founded on a clear strategy with strong execution and greater customer focus. >>

Looking at a key part of the digital transformation puzzle for large organisations.>>

“We have seen strong growth across all A/NZ branches, with both permanent and contract revenue significantly exceeding budget.">>

In Australia and New Zealand, the company boosted PureCloud revenue by nearly 100%.>>

“As we close my first fiscal year as CEO, I am incredibly proud of where we stand in the marketplace.">>

“Tomorrow’s CFO could have a background in engineering, sales, production, or data science.”>>

Concur has come up with three important questions (including a breakdown of each one) CIOs should ask their teams to get a quick win.>>