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Intelligent Automation Is the Customer Service Differentiator For Banks

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.

Friday, January 31, 2020 - 04:27
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Financial IT
New Data Sources: How They Can Help The SME Invisibles

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.

Friday, January 31, 2020 - 04:23
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Financial IT
MoneyNetint Reaches Enters Asia and Africa with TerraPay Hook Up
MoneyNetint

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.

Friday, January 31, 2020 - 04:19
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/news/payments/moneynetint-reaches-enters-asia-and-africa-terrapay-hook
Financial IT
Boerse Stuttgart Crypto Trading App Attracts 81,000 Active Users In First Year
Boerse Stuttgart Crypto Trading App

Uncomplicated and secure trading in cryptocurrencies on the smartphone: this is possible with BISON, Boerse Stuttgart Group’s crypto app.

Friday, January 31, 2020 - 04:17
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/news/trading-systems/boerse-stuttgart-crypto-trading-app-attracts-81000-active-users-first-year
Financial IT
Pleo Upgrades From Prepaid Cards To Credit Cards
Pleo

Pleo is evolving – and perhaps the most important change is our new cards.

We’ve always offered a tool that made it easy for people to buy what they need to do their jobs better.

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.

Friday, January 31, 2020 - 04:14
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/news/credit-cards/pleo-upgrades-prepaid-cards-credit-cards
Financial IT
Unusual Ventures Leads $4M Seed Round For Kloud.io
Unusual Ventures

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.

Friday, January 31, 2020 - 04:10
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/news/fintech-startups/unusual-ventures-leads-4m-seed-round-kloudio
Financial IT
Baton Systems Raises $4m For 'Blockchain-Inspired' Bank Payments Tech
Baton Systems

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.

Illuminate joins Trinity Ventures, Alsop Louie and Commerce Ventures, which all participated in a Series A round last year.

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.

Friday, January 31, 2020 - 04:07
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/news/blockchain/baton-systems-raises-4m-blockchain-inspired-bank-payments-tech
Financial IT
Citi Rolls Out Digital Investment Tool
Citi

Citi's consumer business has introduced a digital wealth investment tool for clients with as little as $1500 to invest.

Friday, January 31, 2020 - 04:05
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/news/wealth-management/citi-rolls-out-digital-investment-tool
Financial IT
Banca Comerciala Romana launched the instant payment service with support from Allevo

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.

Thursday, January 30, 2020 - 12:57
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/news/payments/banca-comerciala-romana-launched-instant-payment-service-support-allevo
Nordea appoints Ian Smith as Group CFO

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.

Thursday, January 30, 2020 - 11:56
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/news/people-moves/nordea-appoints-ian-smith-group-cfo

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