Tax professionals around the world are facing an increasingly complex tax environment.

This year saw Ulster Bank and KBC announcing their departure from Ireland, leaving the rest of the Irish banks flooded with new customers. In many cases, such a rapid spike in demand could have left operations teams at these banks drowning in unmanageable workloads. Instead, Irish banks showed off a great deal of flexibility within their operations which allowed them to fully reap the benefits of the situation – making the sudden influx a great problem to have.

Nutanix, a leader in hybrid multi-cloud computing, today released the Nutanix State of Enterprise AI Report, a global research study providing insights into Enterprise decision-making around AI. The report provides a holistic view into how enterprises are approaching AI technology strategy and adoption, as well as how future plans will affect IT spending and budgeting.

Fnality – the FinTech bringing together the safety and institutional quality of central bank money with the innovative functionality and resilience of blockchain technology – today announced a £77.7m Series B funding round. This was led by Goldman Sachs and BNP Paribas, with participation from DTCC, Euroclear, Nomura and WisdomTree.

Viva.com, a leading European cloud-based neobank, now enables French merchants to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone and its viva.com |Terminal iOS app. Tap to Pay on iPhone accepts all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and the viva.com | Terminal iOS app, with no additional hardware or payment terminal needed.

Moneyhub, the award-winning data and payments platform built on Open Banking and Open Finance principles, has been placed on an authoritative global list of the top 100 fintech startups compiled by CBInsights.

New data from OpenPayd, a leading global Banking-as-a-Service (BaaS) platform, spotlights an imminent embedded banking boom. While only 7% of large European companies offer embedded banking services today, 48% have specific plans to launch them in the next three years. 89% of those organisations will partner with BaaS providers to bring embedded banking services to market. 

Today, Horizon Software, provider of electronic trading solutions and algorithmic technology for the global capital markets, announces that PT Korea Investment And Sekuritas Indonesia (KIS Indonesia) has implemented the Horizon Order Management System (OMS), a cutting-edge solution designed to optimize and streamline various trading operations.

Banking Circle S.A. today announced a partnership with Ant Group to work on a pioneering liquidity management project, exploring technology innovations on tokenised deposits which will improve efficiency and speed of global fund settlements.

Banking Circle infrastructure and the blockchain platform developed by Ant Group will be leveraged to issue and distribute the tokenised deposits. The blockchain platform can facilitate cross-border payments and liquidity management more efficiently.

Through its collaboration with Tusk, ekko is enabling banks, merchants and payment providers around the world to embed new conservation-centric dimensions into their products or services. Moving forward, businesses can empower their customers to support animal conservation projects across the globe, allowing them to donate benefits accrued through ekko towards projects of this nature.