Brand-new international market report “The E-Invoicing Journey 2019-2025” has been published and is available for free download.

The global market is forecast to encompass 550 billion invoices annually. It is expected to quadruple in size by 2035. In 2019, only around 55 billion invoices are exchanged on a paperless basis. According to this report, it is estimated that the size of the global E-Invoicing / E-Billing and enablement market in 2019 amounts to EUR 4.3 billion, and that it will reach approximately EUR 18 billion in 2025.

Global FinTech firm InvestCloud appoints Rebeca Sanchez Sarmiento as its Chief Financial Officer.

This senior appointment will see Sanchez Sarmiento build on a strong finance and operations team to develop a financial management structure that enables InvestCloud to continue its growth, both domestically and internationally. Sanchez Sarmiento is also tasked with aligning InvestCloud’s long term strategic goals with its financial performance.

The ability to predict and shape the long term success of global takeovers is often seen as the “holy grail” for CEOs, investors and their advisors. A new report from chartered accountancy body ICAEW and Drooms, a leading data solutions company, reveals that some key decision making may soon be taken away from humans and guided instead by the application of artificial intelligence (AI) in many stages of a deal process.

AI and Automation in the Workforce Artificial Intelligence (AI) and automation have grown to become more efficient and practical in everyday use, and this smart technology is bringing innovation to industries as companies implement AI and automation in their business practice. AI and automation can either be used together or separately in SMEs as they both can complete different jobs. AI is defined as a machine that can use independent reasoning and thinking to complete a task. Automation follows pre-programmed rules and is usually applied to repetitive tasks.

Digital disruption is occurring at every level of the financial sector. Retail banks, insurers, investment firms, and wealth management companies alike are all under pressure to deploy around-the-clock digital services, or risk falling behind competitors. An overcrowded market, new technology, and rising consumer expectations are forcing financial institutions to pursue large-scale change efforts.

The payments industry is on the move. As new regulations come into force a flow of new digitised payment technologies, business models and stakeholders are gaining serious traction in the market. This new school of payments is threatening to beat conventional banks at their own game. Few anticipate a wholesale demise of the banking industry as we know it, however; huge customer volumes shield most banks from serious threat. Nonetheless, it’s fair to say that banks’ grip on the market, and on their previously uncontested relationships with customers, is loosening fast.

FIME has enhanced its support for the payment acceptance ecosystem’s migration to nexo standards.Now a Board Member of the organization, its expanded services offer unrivalled end-to-end support for nexo standards projects to payments acceptance stakeholders.

Riverbed®, The Digital Performance Company™, today announced the appointment of Remco Postma as Channel Director for Northern Europe. In his new role, Remco will be responsible for Riverbed’s regional channel strategy and expanding Riverbed’s partner landscape in Northern Europe to drive growth, in-line with the company’s global channel ambitions. He reports to Paul Higley, Vice President, Northern Europe.

NatWest is to launch a new video banking channel which will allow their business customers to hold a secure, pre-arranged video call using a mobile device, tablet or PC. Customers can hold calls with multiple participants using the new feature, allowing additional members of staff to join the conversation, or for their NatWest Relationship Manager to join for continuity.

Integral (www.integral.com), the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $36.4 billion in June 2019.  This represents an increase of 19.3% compared to May 2019.