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News from CFOtech Australia

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Top CFOtech Australia News

Amazon Spending $13 Billion To Build AI-Powered Data Centers In Australia
Amazon · Australia

Amazon Spending $13 Billion To Build AI-Powered Data Centers In Australia

43% Center coverage: 16 sources
Amazon will invest A$20 billion ($13 billion) in the five years through 2029 to build data centers in Australia amid growing demand for cloud computing and artificial intelligence applications.See the Story
Optus to Pay $100 Million Fine over Sales to Vulnerable Customers
Business · Australia

Optus to Pay $100 Million Fine over Sales to Vulnerable Customers

50% Right coverage: 14 sources
Optus has agreed to pay $100 million in penalties after landmark legal action from the consumer watchdog for “unconscionable conduct”.See the Story
STPA-Cyber: A Semi-Automated Cyber Risk Assessment Framework for Maritime Cybersecurity
New Zealand · New Zealand

STPA-Cyber: A Semi-Automated Cyber Risk Assessment Framework for Maritime Cybersecurity

Cybersecurity incidents in the maritime sector are growing in number and the requirement of cyber risk management onboard ships is an inescapable real…See the Story

Pelico Raises $40 Million for AI-Powered Supply Chain Orchestration Platform

Pelico has raised $40 million to grow its AI-powered supply chain orchestration platform for manufacturing operations in North America.Artificial Intelligence · KrefeldSee the Story

GTreasury unveils GSmart AI to streamline treasury operations

GTreasury launches GSmart AI, an AI platform enhancing CFOs' treasury operations with secure, compliant insights and automation in volatile markets.Australia · AustraliaSee the Story

Australia Needs a Financial Warfare Command - Politics, Policy, Political Views

We’ve long accepted that modern warfare isn’t solely fought with tanks and missiles, but Australia is only recently waking up to the uncomfortable reality that money itself has become a weapon – and right now, we’re dangerously under-prepared to fight back. Financial warfare – sanctions, asset freezes, cyberattacks on banks, capital market sabotage, and coercive trade restrictions – is no longer the stuff of US Treasury press releases or spy nov…Military · AustraliaSee the Story

Sumsub unveils 'The Beast 2.0' to combat digital fraud in APAC

Sumsub launches 'The Beast 2.0' to fight a 121% surge in digital identity fraud across APAC, promoting secure digital access and inclusion in fintech and crypto sectors.Cryptocurrency · AustraliaSee the Story

AI adoption surges in Asia Pacific manufacturing for quality, efficiency

In Asia Pacific, 94% of manufacturers plan AI investments, prioritising quality control and cybersecurity to boost efficiency and tackle labour shortages.Artificial Intelligence · AustraliaSee the Story

Working from home not to blame for Australia’s productivity slump

Australia’s productivity slump is linked to outdated systems and processes, not working from home, says Australian Productivity Commission study.Australia · AustraliaSee the Story

Hero Foundation targets one million jobs for disadvantaged Australians

Hero Foundation launches to create one million jobs by 2034, supporting Australians facing barriers with innovative recruitment and mentoring initiatives.Australia · AustraliaSee the Story

Over half of spam emails now generated by AI, new study finds

New research finds AI now generates over half of spam emails and 14% of business email compromise attacks, enhancing their sophistication and evasion.Artificial Intelligence · AustraliaSee the Story

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