Regulations and ongoing rollouts of contactless terminals at the point of sale are boosting card acceptance networks, with cardholders throughoutEurope increasingly using their cards for low-value payments

Payment cards now accepted at 13 million outlets in Europe

Appian (NASDAQ: APPN) today announced an application that enables banks to accept and manage PPP loan applications from small businesses, support their unique servicing requirements, and ensure compliance for Payment Protection Program loans under the new CARES Act. The new application can be live in just days, and can be quickly extended with advanced automation features including RPA and AI-powered intelligent document processing. Appian will host two webinars on these topics.

The future belongs to those who plan for it, and when it comes to wealth management, succession planning or safeguarding your assets against unforeseen circumstances, it’s never too early to start planning. 

iManage, the company dedicated to transforming how professionals work, today announced that it has rolled out a virtual Artificial Intelligence University (AIU), as an adjunct to its customer on-site model.

Temenos (SIX: TEMN), the banking software company, announced the availability of its updated banking software products to ease banks’ transition from the London Interbank Offered Rate (LIBOR) to alternative Risk-Free Rates (RFRs), which is mandated by year-end 2021. Temenos software covers the full range of banking products that can be linked to the global benchmark including corporate loans, floating-rate notes, and interest-rate swaps.

PPS, formerly PrePay Solutions, and subsidiary of Edenred, the everyday companion for people at work, has today announced its partnership with koto, the new credit app which offers a unique combination of e-money with credit for a fixed fee.

Leading the way in digital payment innovation, koto’s strategic partnership with PPS carries with it two industry firsts; not only is it the first e-money account to offer credit, but is also the first to launch with integration to the major mobile digital wallets.

Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, confirms the closing of its acquisition of InCube Group AG on April 8 2020.

The acquisition of Zurich-based InCube brings Artificial Intelligence (AI) enabled offerings and solutions to Finantix. Those have been developed by an interdisciplinary team of machine learning specialists, quant and software engineers and finance experts.

AKT, the company re-imagining commodity post-trade processing underpinned by blockchain, has partnered with leading total quality assurance provider, Intertek, to bring its first-class commodity testing, inspection and certification services to the platform.

Intertek joins an ecosystem that already includes some of the world’s largest commodity trading companies, CTRM systems, inspection and paperless trade services. Day by day, the VAKT vision of digiatlised global commodities post-trade processing is taking shape.

As financial services providers worldwide come under unprecedented pressure from the coronavirus pandemic, analytics software firm FICO has launched a global virtual event aimed at helping leaders manage operations, customers and new fraud scams in the current crisis.

Amid the COVID-19 crisis, Lendsmart, an end-to-end solution enabling banks and credit unions to completely digitize their lending and home buying operations, has repurposed its proprietary technology to help financial institutions automate and digitize the Paycheck Protection Program (PPP) SBA loan application form.