Wednesday, August 12, 2026

One in Four Executives Say AI Errors Have Reached External Audiences or Boards, According to New Research From Workiva

 Although 84% of executives are at least somewhat confident in AI output without human review, only 11% believe their data quality is sufficient for AI use


 


(BUSINESS WIRE)--Workiva Inc. (NYSE: WK), a leading, audit-ready platform for trust, transparency, and accountability, today released findings from its 2026 Midyear Executive Benchmark Survey.


Although 84% of surveyed executives say they are at least somewhat confident in the accuracy of AI output without human review, one in four (26%) say internal audits have detected AI errors that reached external audiences or board members. This data suggests there is a disconnect between what executives believe and what evidence shows. As AI reshapes the enterprise at unprecedented speed, a new risk is emerging: transformation could be outpacing the instincts of the leaders tasked with overseeing it.


"Confidence in AI without control over data quality is a liability, not a strategy. CFOs need platforms that connect AI to trusted, auditable data so every output is one they can verify and every disclosure is one they can defend," said Barbara Larson, Chief Financial Officer at Workiva. "Getting this right is about more than avoiding errors. Business leaders can move faster and embed AI deeper into their operations when they trust what their systems produce. That's a real competitive edge."


Data Quality Threatens AI Accuracy and Investor Trust


Executives largely agree that poor data quality is limiting their organizations’ use of AI, suggesting enterprise AI can only scale where there is confidence in, and control over, the underlying data. Institutional investors express similar concerns about the accuracy of AI-generated content.


Only 11% of executives believe their data quality is sufficient for AI use

27% say poor data quality has significantly blocked deployment in key workflows

71% say poor data quality has at least moderately impacted the use of AI in financial and sustainability reporting

89% of investors are concerned about AI accuracy in corporate disclosures

Over time, weak or unverifiable data may erode credibility with stakeholders, and organizations that fail to address data quality and investor concerns risk losing ground to more proactive peers.


As AI Use Grows, Executives Call for Supporting Infrastructure


For financial reporting teams, and CFOs in particular, the tools that govern AI output are as critical as the AI itself. As agents become more autonomous, executives believe the need for specialized infrastructure will increase, citing multiple priorities1:


49% say they will continue to need systems of record, such as general ledgers

45% say they will need software that enables traceability and audit

55% say they will need platforms to manage agents and automated workflows

"Generic AI isn't enough for financial reporting. Investors, regulators, and boards expect answers they can trust. The real advantage comes from specialized AI built on governed, auditable data and paired with human judgment, giving organizations the confidence to verify what AI produces and stand behind the decisions and disclosures that follow,” said Jason Darby, Chief Financial Officer of Amalgamated Bank.


The Workiva 2026 Midyear Executive Benchmark Survey polled 2,272 finance, risk, and sustainability professionals, including 847 C-level executives, from organizations across North America, Latin America, Europe, and the Asia Pacific region. The survey also polled 367 institutional investors from firms in North America and the United Kingdom. Read the report at www.workiva.com/benchmark-2026.


About Workiva


Workiva Inc. (NYSE: WK) powers trust, transparency, and accountability. Finance, accounting, sustainability, risk, and audit teams from more than 6,700 organizations, including over 85% of Fortune 1,000 companies, rely on Workiva for their mission-critical work. We transform how customers connect data, unify processes, and empower teams in a secure, audit-ready platform. Learn more at workiva.com.


 


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Media:

Lauren Covello

Workiva Inc.

press@workiva.com

Naser Taher Named Among Forbes Middle East’s Top 100 CEOs 2026

 DUBAI, United Arab Emirates - Tuesday, 11. August 2026 AETOSWire 




Recognition highlights the MultiBank Group Founder and Chairman’s leadership, global experience and contribution to the financial services industry

 


(BUSINESS WIRE) -- MultiBank Group, one of the world’s largest and most regulated financial derivatives institutions, has announced that its Founder and Chairman, Naser Taher, has been named among Forbes Middle East’s Top 100 CEOs 2026, recognising his longstanding leadership and achievements in the global financial services industry.


The annual Forbes Middle East Top 100 CEOs list celebrates prominent business leaders who are shaping the region’s corporate landscape and leading organisations with significant scale, influence and impact. The ranking brings together senior executives from across key industries in the Middle East, highlighting their leadership and the performance and development of the organisations they lead.


Taher’s recognition reflects a career spanning more than 37 years across the global financial and commercial sectors. In 2005, he founded MultiBank Group in California and has since overseen its growth into a global financial institution with a presence across 100 countries, serving more than two million institutional and retail clients and recording daily trading volumes exceeding $35 billion.


Under his leadership, MultiBank Group has also built an extensive international regulatory footprint, holding licences from more than 18 financial regulators across five continents. The Group provides brokerage and asset management solutions across a broad range of financial products, including forex, metals, shares, commodities, indices and digital assets.


Commenting on the recognition, Naser Taher, Founder and Chairman of MultiBank Group, said: “It is an honour to be recognised by Forbes Middle East among the region’s Top 100 CEOs. This recognition reflects the journey we have undertaken at MultiBank Group over the past two decades and, most importantly, the dedication of our teams around the world. From the outset, our ambition has been to build a global financial institution founded on strong regulation, innovation and trust. As we continue to expand our international presence and capabilities, we remain focused on setting new standards for the financial services industry and delivering long-term value to our clients and partners worldwide.”


His career has also extended beyond financial markets. Among his achievements, Taher was appointed Head of the Irish Stock Exchange Development Projects in 2005, Vice President of the Chinese Banking and Entrepreneur Association in 2008, Honorary Chief Financial Advisor to the Chinese Government of Tianjin in 2013, and Senior Advisor to the Chinese Central Financial Government in 2016.


The Forbes Middle East recognition comes as MultiBank Group continues to expand its international footprint and strengthen its capabilities across traditional and digital financial markets, building on Naser Taher’s long-term vision to position the Group among the world’s leading financial institutions.


ABOUT MULTIBANK GROUP


MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives, serving over 2 million clients across 100 countries, and boasts a daily trading volume that exceeds $35 billion. Renowned for its innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group offers an array of brokerage services and asset management solutions. It is regulated across five continents by 18+ of the most reputable financial authorities globally. The group’s award-winning trading platforms offer up to 1000:1 leverage on a diverse range of products, including Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 financial awards recognizing its trading excellence and regulatory compliance. For more information, visit MultiBank Group.


 


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Nikolas Neofytou

Head of Direct Buys

nikolas.neofytou@multibankfx.com

Tuesday, August 11, 2026

Kinaxis-Sponsored Study Identifies Supply Chain AI Accountability Gap Amidst Rapid Adoption Expectations

 OTTAWA, Ontario - Tuesday, 11. August 2026 AETOSWire Print 


Trust, measurable outcomes, and governance lag, even as 41% expect autonomous-at-scale operations within two years


(BUSINESS WIRE) -- Kinaxis® (TSX:KXS), a global leader in supply chain orchestration, today announced the findings of new independent research from IDC. The IDC InfoBrief, sponsored by Kinaxis, “Making Supply Chain AI Accountable,” reveals a growing chasm between organizations’ aggressive ambitions for autonomous AI adoption and their readiness to hold these advanced systems - which we believe underscores the need for a disciplined approach to AI investment and deployment to prevent costly failures and deliver measurable business value.


What This Means for Supply Chain Leaders

The IDC InfoBrief, which surveyed more than 2,000 supply chain leaders across nine global markets, found that while AI adoption is nearly universal - only 2% of respondents report no AI-enabled capabilities, and just 12% consider themselves AI leaders. Over half (52%) cite trust in AI-driven decisions as a top barrier to faster adoption, and just 12% say AI planning governance is fully embedded within their operations.


The research also points to a sharp acceleration in expectations for autonomous decision-making: just 6% of respondents describe their supply chains as autonomous at scale today, but 41% expect that to become their core operating model within one to two years - even though only 1 in 8 organizations has governance fully embedded to support it. We believe this is the central challenge facing the industry.


Key Findings of the IDC InfoBrief: Making Supply Chain AI Accountable


Adoption is broad, leadership is rare. Only 12% of respondents describe themselves as AI leaders, despite broad deployment of AI capabilities.


Trust is the number one barrier. Fifty-two percent cite trust in AI-driven decisions as a top barrier to faster adoption.


Value must be proven. 62% say better data quality and integration would accelerate investment; 51% want clear ROI and time to value.


Ambition outpaces governance. Autonomous-at-scale jumps from 6% today to an expected 41% in 1–2 years, but only 12% have governance fully embedded.


Accountability tops the agenda. 67% say accountability for AI-driven outcomes will require the most governance change.


Roles will shift, not shrink. 79% see AI as an opportunity over threat, and partners with AI plus supply chain depth will win.


How Kinaxis Helps Bridge the Accountability Gap

With trust cited as the top barrier to adoption and only 12% of organizations reporting embedded governance, we believe the study points to a clear need for explainable, auditable AI. Kinaxis addresses this through its Maestro® platform by:


Enabling Trusted AI Decisions: Embedding explainable AI into Maestro® so planning recommendations are auditable, addressing the 52% of leaders who cite trust as their top barrier.


Providing Robust Governance Frameworks: Giving organizations the tools to set parameters, monitor performance, and maintain human-in-the-loop oversight for autonomous processes - closing the gap behind the 12% embedded-governance figure.


Delivering Measurable Business Value: Connecting AI-driven insights directly to operational outcomes such as inventory optimization and forecast accuracy, in line with the 51% of leaders who want clear ROI and time to value.


Facilitating Data Quality and Integration: Providing a single, harmonized view of data across the supply chain - the factor 62% of respondents ranked as the top accelerator of AI investment.


"AI adoption isn't the question anymore. Whether AI delivers trusted decisions, measurable value, and governed autonomy - that's the question, especially with 52% of leaders telling IDC that trust is what's holding them back. We built Maestro to answer that question. Every AI-driven recommendation is explainable and auditable before it acts, so accountability happens at the decision, not just the policy," said Justin King, Field CTO, Kinaxis.


“The next phase of supply chain AI is not simply more adoption. It is accountability - ensuring AI delivers trusted decisions, measurable value, governed autonomy, and operational outcomes,” said Eric Thompson, Research Director, Global Supply Chain Planning, IDC.


Webinar: The next phase of supply chain AI: From promise to accountable outcomes

Kinaxis will host a live webinar today, Tuesday, August 11 at 10:00 AM ET, featuring guest speaker Eric Thompson, IDC Research Director, and Justin King, Field CTO at Kinaxis, exploring how organizations can move beyond AI adoption to accountable outcomes. Registration is open through the start of the session; those unable to join live will receive access to the recording. The discussion will cover:


What accountable AI means in a modern supply chain environment


How organizations can build trust while improving governance and demonstrating ROI


Why governance must evolve alongside expectations for autonomous decision-making


How AI is reshaping supply chain roles and responsibilities


What it takes to move from AI adoption to measurable business impact


Registration: https://www.kinaxis.com/en/events/next-phase-supply-chain-ai-webinar


The full IDC InfoBrief, “Making Supply Chain AI Accountable,” is available at: https://www.kinaxis.com/resources/content/idc-2026/making-sc-ai-accountable


About Kinaxis

Kinaxis is a leader in modern supply chain planning and orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain - from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn.


Source: Kinaxis Inc.


 


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Media Relations

Matt Tatham | Kinaxis

mtatham@kinaxis.com


Investor Relations

Victoria Hyde-Dunn | Kinaxis

vhyde-dunn@kinaxis.com

Space42 and Leonardo DRS Sign MoU to Advance Next-Generation National Security Mission Systems

ABU DHABI, United Arab Emirates - Wednesday, 12. August 2026

(GLOBE NEWSWIRE) -- Space42, the UAE-based AI-powered SpaceTech company with global reach has signed a Memorandum of Understanding (MoU) with Leonardo DRS. The agreement establishes a framework to integrate Leonardo DRS mission systems with Space42’s secure satellite connectivity to boost sovereign national security across the United Arab Emirates.

Under the MoU, Leonardo DRS will contribute its expertise in C5ISR mission systems while Space42 will provide secure, AI-enabled satellite communications and Beyond Line of Sight (BLOS) connectivity. Together, the companies will explore the joint design and integration of advanced mission capabilities for the UAE.

“It is a strategic priority for Space42 to be recognized as a trusted leader in secure connectivity, as we set the standard for resilient, mission-ready networks,” said Ahmed AlMehrzi, Chief Commercial Officer – Government at Space42. “By combining our sovereign satellite infrastructure and AI-enabled communications capabilities with Leonardo DRS’s advanced mission systems, we are strengthening protected communications that advance the UAE’s national security ecosystem.”

“This MoU marks a significant step forward in our commitment to supporting U.A.E. national security priorities with proven, advanced integrated capabilities that enable mission success in today’s evolving threat landscape,” said Denny Crumley, Senior Vice President & General Manager of the Leonardo DRS Land Electronics business unit. “We are proud to be a part of this opportunity with Space42 as we continue to grow our international business with strategic partners around the world.”

As national security operations grow more complex and interconnected, sovereign forces require integrated mission systems, secure satellite communications, and ongoing situational awareness. Leonardo DRS delivers proven expertise in developing and integrating rugged, high-performance C5ISR technologies and mission-critical vehicle electronics for international partners. Complementing this capability, Space42 provides sovereign satellite communications and space services that extend secure connectivity beyond terrestrial networks, supporting informed decision-making and operational resilience for the UAE.

Leonardo DRS is a trusted provider of advanced mission management systems, network computing and vehicle integration capabilities for the U.S. military and allied forces around the world. The company is a recognized leader in providing proven, high-performance tactical computing, smart displays, AI-enabled processing, and integrated C4/C5/C6ISR solutions that reduce the cognitive burden on commanders and crews operating in complex security environments. The systems are designed to deliver real-time situational awareness and are scalable, platform agnostic, and support open architectures.

About Space42

Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Formed in 2024 by the successful merger of Bayanat and Yahsat, Space42’s global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Space Services and Smart Solutions. Space Services focuses on upstream satellite operations for both fixed and mobility satellite services. Smart Solutions integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Major shareholders include G42, Mubadala, and IHC.

For more information, visit: www.space42.ai; follow us on X: @space42ai

About Leonardo DRS

Leonardo DRS, Inc. (Nasdaq: DRS) is at the forefront of developing and delivering transformative defense technologies for U.S. and allied military customers. The company specializes in high-performance sensing, network computing, force protection, and electric power and propulsion solutions designed to address the most demanding mission requirements. For additional information, visit www.LeonardoDRS.com.

Legal Notice and Cautionary Statement regarding forward-looking information

This announcement may contain forward-looking statements based on current expectations and assumptions about future events. These statements—identified by terms such as “expect,” “will,” or similar—are subject to risks and uncertainties and may prove inaccurate. They reflect information available as of the date hereof, and the companies disclaim any obligation to update them. No assurance is given that any forward-looking statement will occur, and undue reliance should not be placed on them. This announcement does not constitute a financial promotion or an offer to buy or sell securities in any jurisdiction.

MEDIA CONTACT
Space42 Communications Team – media@space42.ai

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dc7b26da-b9d2-4fdc-b09b-f1663bc011a4


Andersen Global Expands Legal Capabilities with Beech Incorporated

 AN FRANCISCO - Tuesday, 11. August 2026



(BUSINESS WIRE) -- Andersen Global enters into a Collaboration Agreement with Beech Incorporated, a legal firm based in South Africa, broadening its legal capabilities in the region.


Beech Incorporated provides legal and regulatory services to the mining, renewable energy, infrastructure, oil and gas sectors, specializing in mergers and acquisitions, commercial, project financing, health, safety and environmental, employment, and compliance matters. The firm’s multidisciplinary team advises clients across the full project lifecycle—from development and financing to operations and stakeholder engagement—and is recognized as a leading legal firm by publications including Chambers and Partners and The Legal 500.


“Our approach is built on understanding the industries we serve at a practical level and providing practical, actionable advice to clients operating in complex regulatory environments,” said Warren Beech, CEO of Beech Incorporated. “By working alongside the member and collaborating firms of Andersen Global, we are better positioned to support organizations operating across jurisdictions while continuing to deliver responsive, industry-focused legal solutions.”


“Businesses operating in the mining and oil and gas industries face increasingly complex regulatory and operational considerations,” said Mark L. Vorsatz, global chairman and CEO of Andersen. “Warren and his team’s deep sector knowledge and multidisciplinary approach enhance our ability to support clients navigating these challenges throughout Africa and beyond.”


Andersen Global is an international association of legally separate, independent member firms comprised of tax, legal, and valuation professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 50,000 professionals worldwide and a presence in over 1,000 locations through its member firms and collaborating firms.


 


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Megan Tsuei

Andersen Global

415-764-2700

Bitget Expands CFD Business with Institutional-Grade Liquidity Solutions


VICTORIA, Seychelles - Tuesday, 11. August 2026

(GLOBE NEWSWIRE) -- Bitget, the world's largest Universal Exchange (UEX), has expanded its CFD business with the launch of Institutional-Grade Liquidity Solutions, a dedicated offering for quantitative trading teams, proprietary trading firms (Prop Firms), funds, retail brokers, and high-net-worth professional traders. The solution brings together 100% Straight-Through Processing (STP), deep multi-tier liquidity, sub-millisecond order matching, and FIX API connectivity for clients managing large-volume and automated trading strategies.

The launch comes as automation plays a growing role in global trading. Quantitative strategies, high-frequency trading, futures-spot arbitrage, and Expert Advisor (EA) models place different demands on execution compared with typical retail activity. At higher volumes and frequencies, market depth, order routing, latency, and connectivity to proprietary systems can have a direct impact on execution quality.

Bitget has built the new offering around a 100% STP execution model. Orders are routed directly to external liquidity pools without manual dealing intervention, giving clients a clear path from order submission to the underlying liquidity provider. The model is designed for firms running sustained order flow and strategies that require consistent market access across different conditions.

Bitget aggregates liquidity across institutional sources, including Tier-1 banks and non-bank market makers, with multiple levels of market depth available to clients. For firms placing larger orders or executing continuously, deeper order books can help reduce slippage and market impact when the liquidity available at the top of the book cannot absorb the full trade at a single price. Bitget's trading servers are deployed in major financial data centres, including London (LD4) and Tokyo (TY3), with dedicated networks and direct fibre connectivity supporting sub-millisecond order matching. The solution also supports FIX API, allowing quantitative teams, brokers, and other institutional clients to connect existing proprietary systems, bridges, and liquidity aggregators directly to Bitget's CFD environment.

“As trading becomes more automated and sophisticated, the quality of the infrastructure behind every trade becomes increasingly important,” said Gracy Chen, CEO of Bitget. “Professional traders need consistent execution, deep liquidity and reliable connectivity to run their strategies effectively at scale. With our institutional liquidity offering, we are strengthening the foundation of our CFD business to serve these clients better and support the next stage of Bitget's growth across global markets.”

Client assets are segregated from Bitget's operational funds and held through independent custody accounts, alongside compliance reviews and third-party auditing standards. This framework provides institutional clients with greater visibility into how assets are managed as they scale their activity on the platform.

The launch broadens Bitget's CFD offering as the company continues to develop its multi-asset trading ecosystem. Retail users will be able to access Bitget's standard CFD environment through the App, Web, and MT5, while institutional clients can use a dedicated setup built for higher-volume strategies, deeper liquidity requirements, and direct system connectivity. The expansion allows Bitget to serve a wider range of trading activity as its CFD business grows globally.

About Bitget

Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | X | Telegram | LinkedIn | Discord

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

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teamLab Unveils New Series from Light Sculpture - Flow at teamLab Borderless. Special Exhibit, "On the Asymmetry of the Universe," on View Through October 8

 TOKYO - Tuesday, 11. August 2026 AETOSWire  



(BUSINESS WIRE) -- teamLab reopens the Light Sculpture - Flow series artwork space at teamLab Borderless: MORI Building DIGITAL ART MUSEUM in Azabudai Hills, Tokyo from July 8, 2026.

To commemorate the reopening, teamLab unveils two new series, Asymmetric Existence and Chromatic Existence, featured in the special exhibit "On the Asymmetry of the Universe."

The special exhibit, “On the Asymmetry of the Universe,” runs from Wednesday, July 8, 2026 through Thursday, October 8, 2026.


Light Sculpture - Flow

The inside and outside of an ocean vortex are composed of the same water; there is no material difference between them. Yet, despite this, why do we perceive a vortex as a singular entity, or even sense a form of life within it?

The difference between the inside and outside of a vortex lies in the order, not the material. When order is born within a flow, existence emerges even without material difference or a material surface boundary.

In Light Sculpture - Flow, a sculpture is created when a continuous stream of light rays forms an order within the space.

The sculpture here differs from that of a physical object. It is created not by a material surface boundary, but by flow and order, continuously changing dynamically while being influenced by the presence and behavior of people. It is a spatial existence with an ambiguous boundary between the artwork and the body.

Light Sculpture - Flow is an attempt to expand sculpture from a fixed physical object into a spatial existence without a material surface boundary that is created by flow and order.


teamLab Borderless: MORI Building DIGITAL ART MUSEUM

https://www.teamlab.art/e/tokyo/

#teamLabBorderless

Azabudai Hills Garden Plaza B B1 (5-9, Toranomon, Minato-ku, Tokyo)


Hours

8:30 AM - 9:00 PM


*Subject to change

*Last entry: 8:00 PM

*EN TEA HOUSE opens 30 minutes after the museum opening time, and last orders are taken 30 minutes before closing.


Closed

Tuesday, August 25

Tuesday, September 8

Tuesday, October 20

*Subject to change


Press Kit

https://www.dropbox.com/sh/ktiauv5xq8s0jzr/AAASjm3y4EKWTqRidKoIuCM5a?dl=0


 


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teamLab

Media Inquiries: https://forms.gle/KX3NXcqtb17qGVKM8

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