CFOtech India - Technology news for CFOs & financial decision-makers

Basware stories

Businesspeople concerned malfunctioning robots losing money ai errors

Forrester predicts AI errors to cost B2B firms over USD $10 billion

Fri, 7th Nov 2025
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rpa
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genai
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ai
Forrester warns that AI errors could cost B2B firms over USD $10 billion by 2026 due to unregulated tool use, while influencer spending and AI negotiation rise.
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Basware unveils AI-powered solution to combat invoice fraud

Thu, 25th Apr 2024
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ai
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accounts payable
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fraud
Basware has launched an AI-based solution, AP Protect, aimed at helping companies shield from invoice fraud and errors.
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Financial institutions increasingly deploy AI in fight against fraud

Tue, 2nd Apr 2024
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risk & compliance
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api
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ai
Amid growing fraud concerns, a study reveals 70% of financial institutions are turning to AI and machine learning to bolster defenses, marking a notable shift towards tech innovation.
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Basware boosts innovation with key AI & CIO appointments

Fri, 1st Mar 2024
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digital transformation
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cx
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martech
Basware, the global fintech, has boosted its AI and digital transformation drive, with key appointments of Anssi Ruokonen as Director of AI Research and Barrett Schiwitz as CIO.
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Basware unveils global expansion plans after bookings surge by 52%

Thu, 22nd Feb 2024
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cx
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martech
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risk & compliance
Following a 52% surge in bookings, global AP automation leader Basware reveals expansive growth strategy, with a firm focus on AI innovation, customer growth, and fraud prevention.
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Finance leaders anticipate more scrutiny, focus on automation for 2024

Wed, 31st Jan 2024
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digital transformation
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fintech
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risk & compliance
A Forrester and Basware study reveals 80% of CFOs anticipate increased regulatory scrutiny in 2024, with talent retention, cost optimisation and automation also key concerns.
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Global economy faces uncertainty amid AI disruption, survey reveals

Tue, 16th Jan 2024
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supply chain
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risk & compliance
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ai
Survey ahead of World Economic Forum reveals geopolitical turmoil, financing conditions and AI disruption are set to create a year of global economic unpredictability.