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Xero unveils its AI vision to reimagine small business accounting
At its inaugural Investor Day , global small business platform , Xero , unveiled its AI vision which the business says has the potential to reimagine accounting and improve the lives of small businesses . This included previewing ‘ Just Ask Xero ’ – Xero ’ s new GenAI-powered smart business companion for small businesses and their advisors – that will help them complete accounting-related tasks and provide deep insights to enable them to run their business better .
Xero outlined its approach to improve how small businesses and advisors can manage their accounting by integrating AI into business-facing tasks to automate them , help improve efficiency and empower them with better insights to run their businesses . Xero is doing this by :
• Introducing conversational interfaces on the apps and surfaces ( i . e . mobile , email and WhatsApp ) where Xero customers need support
• Automating and streamlining important but repetitive and time-consuming accounting tasks
• Delivering the right insights at the right time
Storyblok ’ s CMS report finds 79 % of companies are using AI-powered content tools
Storyblok , a content management system ( CMS ) category leader , has released The State of CMS 2024 report to show how companies manage content today and what their content plans are for the future . The report details the results of a survey commissioned by Storyblok of 1,719 CMS users across the US , UK , Germany , Netherlands and Sweden .
Monolithic CMSs continue to hold companies back from delivering the content experiences customers expect on any channel . In fact , 81 % of respondents use more than one CMS in their organisation , primarily to deliver content to multiple channels .
Meanwhile , 99 % of those who switched to a headless CMS report improvements that come from managing content in one central location on a modern tech stack . The most common benefits are increased ROI ( 61 %) and productivity improvements ( 58 %).
Results like these are why 68 % of users have migrated to a new CMS in the past three years .
UK-based FinTech raises £ 500,000 pre-seed funding to deliver smarter smartphone security
Nuke From Orbit , a FinTech start-up based in the UK , has raised £ 500,000 in a pre-seed round to take its product to market . The start-up , which aims to revolutionise mobile security , attracted leading investors with its innovative approach to protecting financial accounts and personal identifiable information ( PII ).
The funding comes from several UK-based companies and investors , including Oliver Bridgen , Co-founder and COO of specialist FX broker , Ballinger Group , and Jordan Hallows , Founder of Wey Bridging Finance .
Mobile phone theft is increasing , with one reported stolen every six minutes in London . With smartphones increasingly used to run people ’ s lives , having a phone stolen is no longer just about replacing a handset ; there is critical , valuable data stored on it . If criminals access it , the potential financial and reputational damage can be significant . Nuke From Orbit was founded to tackle this rising problem by providing the instant invalidation of stolen data . �
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