Embedded finance (EF) has done a tremendous amount in recent years to upgrade better access to banking products for millions of people by integrating them into the platforms and brands they use every day. Given the associated increase to both revenue and customer retention, best-in-class, Banking-as-a-Service (BaaS)-driven EF solutions are fast becoming a must-have for businesses of all sizes.

Farmers State Bank and Teslar Software today announced their partnership to automate the bank’s commercial lending processes. Teslar’s technology will help the bank efficiently manage their loan portfolio as they continue to grow.

Financial professionals estimate over £295,000 is lost to invoice fraud per business, every year in the UK. Even more shocking is the fact that 1 in 5 (20%) finance professionals are unaware or unable to even estimate the cost of invoice fraud to their business. This lack of visibility is likely due to the messy paper trails that continue to plague the invoice process.

Moody’s Analytics today announced that Clara Pensions will be using the PFaroe™ DB pension risk modelling technology to model and manage the liabilities and risks it faces as part of Clara’s ‘Member-first’ approach. Clara takes members on a safer journey to buyout after transacting with the trustees and sponsors of their pension plan.

Solar Staff, an international payment and task management solution for companies and contractors have announced its launch in the United States. Solar Staff automates interaction between 700,000 independent contractors and more than 1,600 businesses from 45 markets including SPLAT, SumSub, Atomic Wallet and Adguard.

OKX, the world-leading cryptocurrency platform, has offered updates for the week beginning October 10, 2022.

OKX now supports BNB Smart Chain (BEP20) network hard fork

Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), today announces that it now provides customers with enhanced capabilities integrated into Microsoft Teams that help simplify and automate workflows.

Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses, today announces increased investment in Sage Intacct.  Through a series of significant product updates and enhancements, more customers will be able to experience increased productivity and smoother business processes. 

TripActions, the all-in-one travel, corporate card, and expense management company, today announced its Series G financing at a post-money valuation of $9.2 billion. The raise, a combination of $154 million in equity from new and existing financial investors as well as a $150 million structured capital transaction led by Coatue, marks the third financing round for the company in three years.