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Business AI spending rises 406% at Revolut Business
Software-as-a-Service

Business AI spending rises 406% at Revolut Business

Companies are treating AI like a recurring operating cost, with monthly business spending up 406% and average outlay far above retail users.

By Karen Joy Bacudo • 4 min read • Today
Interview: Cloudera says open-ended AI spending is over
Robotics

Interview: Cloudera says open-ended AI spending is over

Enterprises are now demanding proof of value and tighter controls as AI budgets face scrutiny over compute costs and deployment choices.

By Sean Mitchell • 7 min read • Today
Cloudera named leader in Asia Pacific sovereign AI
Data Protection

Cloudera named leader in Asia Pacific sovereign AI

The recognition comes as nearly 92% of Asia Pacific enterprises say data governance and compliance have delayed or cancelled AI projects.

By Joseph Gabriel Lagonsin • 5 min read • Today
Zscaler takes zero trust beyond the corporate network
Digital Transformation

Zscaler takes zero trust beyond the corporate network

Critical infrastructure operators are using cellular links to secure distributed assets as outages and spoofing raise the stakes for resilience.

By David Shilovsky • 6 min read • Today
Keepit tops USD $100 million ARR on AI truth cloud
Software-as-a-Service

Keepit tops USD $100 million ARR on AI truth cloud

The milestone underlines rising demand for independent backup as firms seek reliable records for AI-driven systems and compliance.

By Joseph Gabriel Lagonsin • 4 min read • Today
ABBYY launches FineParser for enterprise AI document parsing
Hybrid Cloud

ABBYY launches FineParser for enterprise AI document parsing

Enterprises could cut AI ingestion errors and token costs as the new tool keeps sensitive documents on premises or in a chosen cloud.

By Joseph Gabriel Lagonsin • 4 min read • Today
Kastle raises USD $24 million to target bank lending
Software-as-a-Service

Kastle raises USD $24 million to target bank lending

The funding will help Kastle expand AI agents that let banks automate lending work without replacing legacy core systems.

By Karen Joy Bacudo • 4 min read • Yesterday
IQ-EQ names Anil Ponnampalam to lead APAC platform
Mergers and Acquisitions

IQ-EQ names Anil Ponnampalam to lead APAC platform

The appointment deepens IQ-EQ's integration of its former Gordian Capital business, as Anil Ponnampalam takes charge across APAC and the Middle East.

By Mara Sugue • 3 min read • Today
HelmGuard raises USD $7.3 million for US expansion
Software-as-a-Service

HelmGuard raises USD $7.3 million for US expansion

The cash will fund offices in New York and San Francisco as the start-up targets faster risk checks for regulated firms and AI agents.

By Joseph Gabriel Lagonsin • 5 min read • Yesterday
FintechOS raises USD $28 million to fuel US expansion
Software-as-a-Service

FintechOS raises USD $28 million to fuel US expansion

Its US business is expanding rapidly, with recurring revenue up 40% and growth in the market hitting 130% in the first half.

By Karen Joy Bacudo • 4 min read • Yesterday
Workiva: The secret compliance and reporting arms race
Software-as-a-Service

Workiva: The secret compliance and reporting arms race

Driven by improved tooling, finance teams are meeting higher standards as regulators and analysts scrutinise disclosures faster.

By Donovan Jackson • 5 min read • Today
F5 named Market Shaper in Gartner AI security quadrant
Hybrid Cloud

F5 named Market Shaper in Gartner AI security quadrant

F5's recognition comes as enterprises scramble to secure AI agents and APIs, with 88 per cent reporting AI security challenges, its research found.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday

Stories from Other Regions

Financial Services stories

Singapore lags in automated cyber threat validation
IT Automation

Singapore lags in automated cyber threat validation

Every respondent in Singapore reported cyber exposure management barriers, as automated threat validation lagged far behind global and North American rates.

By Sean Mitchell • 4 min read • Today
TD's Layer 6 invests CAD $25 million in Cohere AI tie-up
Software-as-a-Service

TD's Layer 6 invests CAD $25 million in Cohere AI tie-up

The bank's AI push aims to improve staff productivity and client service as it tests secure tools with Cohere and its Layer 6 unit.

By Jake MacAndrew • 3 min read • Today
MaxContact launches Auto QA amid FCA compliance gap
Customer Experience

MaxContact launches Auto QA amid FCA compliance gap

More than half of UK contact centre managers have found compliance breaches outside routine checks, heightening FCA scrutiny risks for firms.

By Joseph Gabriel Lagonsin • 4 min read • Today
Earnix says insurers will compete on decision-making
Data Analytics

Earnix says insurers will compete on decision-making

Insurers face growing pressure to connect pricing, underwriting and customer decisions as AI and shifting risks reshape the market.

By Karen Joy Bacudo • 4 min read • Yesterday
OpenDebt raises AUD $2 million to expand AI debt recovery
Fintech

OpenDebt raises AUD $2 million to expand AI debt recovery

The funding will help the Sydney start-up reach more lenders as it targets overdue debts that are too small or costly to chase manually.

By Karen Joy Bacudo • 6 min read • Yesterday