Artificial Intelligence, Robotic Process Automation, Intelligent Automation, Blockchain, Tokenisation, Machine Learning - banks are struggling to work out which technologies are most suitable for their needs and which they should prioritise in order to get the most out of their investment. In some ways, this has always been the case with technology, but there are some differences today.
All content with RSS
Tying to expand any business takes investment, but with smaller businesses often lacking sufficient cash, securing additional funds can be the solution to grow and become more productive. Unfortunately, a lack of financial information can limit a business’s chances of doing this.
MoneyNetint, a leading global payment solution provider, announced a strategic partnership agreement with TerraPay, a mobile-first international payment network, which will expand and enhance MoneyNetint’s reach into Asia and Africa.
Uncomplicated and secure trading in cryptocurrencies on the smartphone: this is possible with BISON, Boerse Stuttgart Group’s crypto app.
Pleo is evolving – and perhaps the most important change is our new cards.
But in order to offer a market-leading product, we pushed ourselves to go beyond that and to reimagine our card.
So we made a couple of changes - some big, some small, all good for our users.
The benefits of a new Pleo credit card
The first thing to know is that we’re moving away from prepaid cards.
Organizations have invested billions into collecting and extracting value from data, yet the IDC recently found that 73% of an organization’s time-to-insight is spent searching for and preparing data, while only 27% is spent on actual analysis.
Baton Systems, a provider of "blockchain-inspired" bank-to-bank payments infrastructure for connecting multiple ledgers, has topped up its recent $12 million funding round with an extra $4 million from VC Illuminate Financial.
Founded in 2016 as Ubixi, Baton is working to simplify the "remarkably archaic" payments process in global banking, increasing return on capital, reducing processing times and driving down costs.
Citi's consumer business has introduced a digital wealth investment tool for clients with as little as $1500 to invest.
Banca Comerciala Romana (BCR) has joined the Instant Payments service offered by TransFond, with Allevo support. The service ensures the transfer of money between banks in less than 10 seconds, the maximum accepted value of a payment being 50,000 romanian lei. Such payment can be made at any time (24/7/365) between the clients of the banks participating in the Instant Payments service.
Ian Smith, Group Chief Financial Officer (CFO) of Virgin Money UK PLC, will join Nordea as Group CFO and Head of Group Finance. He will also become a member of the Group Leadership Team.