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SAP Concur: UK research throws accuracy of mileage expenses into doubt
Almost two thirds of respondents do not query mileage expenses in the sign-off process
Research from SAP Concur, the world’s leading provider of expense, travel and invoice management solutions, has cast doubt over the accuracy of thousands of mileage expense claims across the UK. After surveying hundreds of business employees responsible for authorising claims, a worryingly high 59 per cent of respondents stated that mileage expenses were rarely, or never, queried in the sign-off process. 
 
Tuesday, August 14, 2018 - 08:17
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Financial IT
World Wide Technology: FCA lays out new rules for banks on reporting operational and security incidents to customers

Increased visibility for customers means banks must ramp up risk mitigation

On Wednesday 15th August, the Financial Conduct Authority (FCA) will enforce new rules requiring providers of personal and business accounts to publish information that will help current customers to compare bank accounts from different providers. Banks will have to report major operational and security incidents that have taken place and disclose whether 24-hour customer helplines are available.

Tuesday, August 14, 2018 - 08:07
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Financial IT
AuditchainTM Plans Launch of Blockchain-Based Assurance and Financial Reporting Platform

 Auditchain  is developing the world’s first Decentralized Continuous Audit & Reporting Protocol Ecosystem™  for enterprise assurance, reporting and disclosure. Its team of renowned names in blockchain, accounting and assurance seek to take traditional financial reporting practices to the next level.

Tuesday, August 14, 2018 - 07:53
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Financial IT
ileana.chermenschi@doc-process.com
Monday, August 13, 2018 - 13:55
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Miles Software Enters Into Strategic Partnership With State Bank of Mauritius Group to Launch MoneyWare Across the Bank and the NBFC

Miles Software, the Global Fintech giant in the Wealth, Asset, Portfolio management and Custody business, today announced the strategic partnership with SBM Bank (Mauritius) Ltd (SBM) and SBM (NBFC) Holdings Ltd to launch their flagship technology platform, MoneyWare, across the bank and the NBFC.

Monday, August 13, 2018 - 12:13
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China will have 44.59% of the global facial recognition market share by 2023 and Cloudwalk will become the biggest winner

Recently, Gen Market Insights released its "Global Face Recognition Device Market Research Report 2018", which surveyed the market conditions of global face recognition devices. According to the report, China is the largest market for face recognition, and the China AI giant Cloudwalk ranks 1st in the world for its face recognition market share.

 

Monday, August 13, 2018 - 12:05
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WANTED: Innovation Process Management Tool

How does one recognize and distinguish the serious innovation? What separates real innovators from those which aren’t so serious about it? The true innovators are actually able to maintain a discipline of innovation. For them it is a habit, the second nature, basically something they naturally keep doing day in and day out.

There is no prescribed formula for success here, but most of the organized innovation efforts go through similar and repeatable journeys, from seemingly chaotic and unorganized set of ideas, toward the clear value.

Monday, August 13, 2018 - 11:14
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EastNets Appoints New CTO To Enhance Its Technology Vision and Direction

EastNets, a leading global provider of compliance and payments solutions for the financial services industry has announced the appointment of Luay Gadallah as the company’s new Chief Technology Officer. Luay will be responsible for overseeing the strategic direction of EastNets technology organization, as well as upholding the company’s technology position at the forefront of the industry.

Monday, August 13, 2018 - 10:30
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National Bank of Egypt Partners with Finastra to Upgrades UK treasury and risk management operations
Finastra today announced that National Bank of Egypt (UK) Limited is deploying Fusion Treasury and Fusion Risk. The treasury and risk solutions will be tightly integrated with the bank’s existing Fusion Equation core banking system - helping the bank to deliver a more comprehensive and superior service.
Monday, August 13, 2018 - 10:26
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Onpex moves into banking-as-a-service space
ONPEX a leading provider of multi-currency IBAN solutions, has launched its cloud-based Banking-as-a-Service. 
The platform offers multiple tools such as IBAN issuing, Single Euro Payments Area (SEPA) and cross-border payments, as well as multi-currency management. Given the platform’s capabilities, businesses can build, configure and manage their own financial services.
Monday, August 13, 2018 - 10:16
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