SecurityBrief New Zealand - Technology news for CISOs & cybersecurity decision-makers

Cash flow stories

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GE Vernova lifts guidance as orders & profit surge

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GE Vernova reports stronger first-quarter orders, profit and cash generation, with Power and Electrification driving a bigger backlog and improved outlook.
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KnowBe4 picks Flywire for global payments overhaul

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KnowBe4 teams with Flywire to streamline international billing, accepting 140 currencies as it cuts manual reconciliation and boosts cash flow.
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Tech Mahindra posts higher FY26 revenue & record dividend

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Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.
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Pinewood lifts revenue as US dealership testing starts

2 days ago
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Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
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Xero unveils AI business health scorecards for users

2 days ago
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Xero rolls out AI-powered business health scorecards as 4.6 million subscribers gain deeper KPI tracking, cash flow forecasts and sharing tools.
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Accounting software faces AI rivals in bookkeeping shift

4 days ago
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Intuit's QuickBooks is under pressure as AI start-ups push automated bookkeeping, forcing accounting software to prove it can do more than digitise ledgers.
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Xero launches AI-native operating system for small firms

4 days ago
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Xero unveils AI-native finance platform and JAX assistant to cut admin for small firms, with accountants and bookkeepers also in line for gains.
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Elite adds AI to flag dubious legal billing entries

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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

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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

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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

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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

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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.