CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Cash flow stories

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Elite adds AI to flag dubious legal billing entries

2 days ago
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Elite rolls out AI-powered Validate checks to catch questionable legal billing before invoices go out, aiming to cut write-offs and speed payment.
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Backbase, Ninth Wave unlock ERP banking connections

3 days ago
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Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.
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RMS adds bank payments as card surcharge ban looms

4 days ago
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RMS adds direct bank payments through GoCardless as Australian hotels brace for Reserve Bank reforms that could ban card surcharges and lift merchant costs.
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Xero & Anthropic fuel AI battle in finance software

5 days ago
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Xero's Anthropic tie-up deepens finance software AI split as groups weigh integrated platforms against agent tools that work across multiple systems.
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Tuanz warns New Zealand of widening digital safety gaps

Last week
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Tuanz marks 40 years by calling for a national rethink on AI, school digital skills and internet access as online harm and coverage gaps widen.
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MYOB & Microsoft strike AI deal for small businesses

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MYOB and Microsoft strike five-year AI pact to bring cash-flow forecasts, compliance prompts and staff copilots to SMEs.
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Private equity-backed firms trail venture rivals on AI

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Private equity-backed firms use paid AI tools more than most peers, but many still struggle to turn sponsor pressure into practical finance gains.
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Plaid unveils foundation model for transaction data

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Plaid builds a foundation model to improve transaction analysis, lifting income classification and loan payment detection across financial services.
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Ripple adds digital asset accounts to treasury platform

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Ripple Treasury adds Digital Asset Accounts as finance teams get a single view of cash and crypto balances across banks, custody providers and onchain wallets.
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HP NZ books higher FY2025 earnings, stronger cash position

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Hewlett-Packard New Zealand posts stronger FY2025 earnings, with cash flow turning positive and receivables swelling alongside modest sales growth.
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New Zealand to extend open banking to SME channels

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New Zealand will extend regulated open banking to SME banking channels from June 2027, giving smaller firms wider access to fintech tools and automation.
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Xero & Anthropic link Claude to accounting platform

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Xero and Anthropic strike multi-year deal to weave Claude AI into accounting software, giving small firms real-time cash-flow and invoice insights.
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Xero signs Claude deal for small business finance tools

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Xero to embed Anthropic's Claude across accounting tools as JAX gains automation for cash flow, invoices and scenario analysis.
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Allegro & Elliott launch USD $500m screen credit fund

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Allegro and Elliott-backed venture opens USD $500 million non-bank lending line for film and television projects.
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Airwallex names Sir Bill English chair of New Zealand board

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Airwallex appoints Sir Bill English as chair of its New Zealand board as the fintech expands local services and says annual payment flows have surged.
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Zapier & Rillet launch finance workflow integration

Last month
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Zapier and Rillet join forces to link ERP and 8,000 apps, aiming to cut finance teams' manual work in closes, approvals and reconciliations.
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Synnex New Zealand lifts profit as revenue barely grows

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Synnex New Zealand lifts annual profit to NZD $2.49 million on stronger margins, despite minimal revenue growth and weaker cash flow.
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OFX appoints Liz Lord to drive broader business offer

Last month
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OFX appoints former PayPal Australia marketer Liz Lord as chief marketing officer to spearhead its shift beyond cross-border payments.
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Visa index shows Asia-Pacific firms seek faster funding

Last month
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Nearly half of Asia-Pacific mid-sized firms shun working capital tools, even as CFOs demand faster, simpler digital funding solutions.
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Vivi Money launches AI financial platform with Visa

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Australian fintech Vivi unveils AI-native money platform on Pismo with Visa debit card, FX features and high-interest savings tools.