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Coupa and Bottomline Partner to Optimize and Streamline Payments

Coupa, the margin multiplier company, and Bottomline, a global leader in business payments, announced a strategic partnership to simplify digital payment processes for businesses. Coupa can now connect to Paymode-X, Bottomline's business payments network that offers Premium ACH, to automate payments from buyers to suppliers.

Monday, April 22, 2024 - 16:19
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Financial IT
Bitsight and Moody’s Launch New Cyber Risk Solution Covering More Than 325 Million Organisations

Bitsight, a global leader in cyber risk management, and Moody’s, a global leader in risk assessment, today announced the launch of the Implied Cyber Threat (ICT), an offering built on Bitsight’s leading cyber risk analytics engine and Moody’s Orbis company database. The ICT provides cyber risk insights and valuable market context for more than 325 million organisations worldwide – the highest coverage in the market by a factor of over 25x.

Monday, April 22, 2024 - 16:12
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Financial IT
Klarna Expands Global Partnership with Expedia Group, Offering Flexible Payments to US Consumers

Klarna, the AI powered global payments network and shopping assistant, today announced the expansion of its partnership with 

Monday, April 22, 2024 - 16:06
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Financial IT
24th Edition Model Risk

Model risk is a key area of focus for financial institutions as there are constantly ongoing developments which need to be incorporated into frameworks. With the growing use of AI and ML, grew the complexity of models within financial institutions and enhancements need to be made in the documentation and reporting of models to reduce any errors and ensure thorough governance. Additionally, there are concerns around data management for these models due to the current turbulent environment.

Monday, April 22, 2024 - 15:47
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Financial IT
BMO Launches Greener Future Financing Program to Help U.S. Businesses Build Climate Resilient Operations

BMO today announced the launch of its Greener Future Financing program in the United States – its first climate financing program to help small and medium-sized businesses build future-ready, climate-resilient operations.

Monday, April 22, 2024 - 14:52
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Financial IT
Oracle Cloud Service Enables Banks to Manage Climate Change Risk Across Portfolios

Earth Day -- Financial institutions are under increased pressure from regulatory bodies to understand their environmental footprint and that of the companies they finance or invest in, otherwise known as financed emissions. To help banks better assess climate risk Oracle today announced Oracle Climate Change Analytics Cloud Service.

Monday, April 22, 2024 - 14:41
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Financial IT
British Caribbean Bank Selects Finastra to Transform its Core Technology

Finastra, a global provider of financial software applications and marketplaces, announces that British Caribbean Bank Limited (BCB), a Turks and Caicos-based financial institution offering international bank accounts and customized loan options, has selected Finastra Essence, deployed on Microsoft Azure cloud, to modernize its core and transform its back-office operations.

Monday, April 22, 2024 - 14:31
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Financial IT
Trulioo and Nium Partner to Enhance UK Operations With Rapid, Compliant Payment Experiences

Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced at Money20/20 Asia its collaboration with Nium, the global leader in real-time cross-border payments. Nium integrated the state-of-the-art Trulioo Person Match identity verification capability to deliver rapid, compliant payment experiences for its U.K. operations.

Monday, April 22, 2024 - 13:41
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Financial IT
Swiss Re Launches Swiss Re Life Guide Scout, a Generative AI-powered Underwriting Assistant

Swiss Re launches an augmented version of its Life & Health underwriting manual Life Guide. The new version comes equipped with Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant, developed by Swiss Re, that integrates Microsoft Azure OpenAI Service. Swiss Re Life Guide Scout aims to help increase the efficiency and quality of underwriting by generating swift answers compiled from curated expert knowledge in response to questions asked by the underwriter in natural language.

Monday, April 22, 2024 - 13:36
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Financial IT
Airwallex Partners with Technology Company Bird to Power Its Global Payments Infrastructure

Airwallex, a leading global payments and financial platform for modern businesses, today announced its partnership with Bird (formerly MessageBird), a global communication platform, to power Bird’s international payments operations.

Monday, April 22, 2024 - 13:32
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Financial IT

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