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Aspire partners with GeTS in furthering fintech hub ambitions

In furthering Singapore as the fintech hub of Southeast Asia, Global eTrade Services (GeTS) has announced its partnership with Aspire, a Singapore-based startup with aspirations of being Southeast Asia's SME Neobank leader.

The partnership will facilitate easier access for customers, especially SMEs, to trade financing on CALISTA™ Finance through CALISTA™, a global supply chain orchestration platform run by GeTS.

Wednesday, March 18, 2020 - 07:00
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Financial IT
Strands Joins Oracle Marketplace to Help More Banks Embrace AI

Strands will now offer its product suite on Oracle’s Banking-as-a-Service platform, allowing financial institutions of all sizes to leverage the Open Banking framework

Wednesday, March 18, 2020 - 06:53
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/news/artificial-intelligence/strands-joins-oracle-marketplace-help-more-banks-embrace-ai
Financial IT
Absa Regional Operations Selects KAI to Deliver Groundbreaking Digital Experiences to its Customers across Africa

Kasisto, creators of KAI, the leading digital experience platform for the financial services industry and Blue Turtle Technologies (Blue Turtle), South Africa’s leading enterprise technology partner, have announced that Absa Group Limited’s subsidiaries outside of South Africa, collectively known as Absa Regional Operations (ARO), have selected and deployed KAI, Africa’s first Conversational AI powered virtual banking assistant.

Tuesday, March 17, 2020 - 12:46
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Financial IT
Alibaba Cloud Leads Global Industry Growth, Ranks Third for Market Share

Alibaba Cloud recorded the fastest growth versus other global cloud service providers in the first half of last year, according to the latest Worldwide Semiannual Public Cloud Services Tracker from market research and advisory firm International Data Corporation (IDC).

Alibaba Cloud also kept its third-place ranking globally in the first half of 2019, continuing a steady climb that began in 2015.

Tuesday, March 17, 2020 - 11:57
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/news/cloud/alibaba-cloud-leads-global-industry-growth-ranks-third-market-share
Financial IT
Chargebacks911 Announces the Appointment of 30-Year Payments & Fraud Expert Keith Clay Fox to new Chief Product Officer

Chargebacks911, the award-winning FinTech company that has successfully protected over 10 billion online transactions and has helped its clients recover $1+ billion in disputed revenue, announced today the appointment of Keith Clay “KC” Fox as its new Chief Product Officer.

Tuesday, March 17, 2020 - 11:52
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/news/people-moves/chargebacks911-announces-appointment-30-year-payments-fraud-expert-keith-clay-fox
Financial IT
Businesses can now apply for a Monzo Business Account

Monzo has announced today that it is launching free and premium business accounts. From today, businesses can apply for a Monzo Business Account for £5 per month or a Business Lite account with no monthly fee. 

Both Monzo accounts are full UK current accounts and it's regulated by all the same rules as high street banks. Furthermore, eligible deposits in Monzo are FSCS protected up to £85,000.

Tuesday, March 17, 2020 - 11:33
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Financial IT
Penta raises financing round at 18.5 Mio. Euro in first closing and wins new investors

Penta, the digital platform for business banking, raised 18.5 million Euro in the first closing of a new funding round backed by new and current investors. 

Tuesday, March 17, 2020 - 10:16
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/news/investment/penta-raises-financing-round-185-mio-euro-first-closing-and-wins-new-investors
Financial IT
How Accounts Payable Automation is Changing the Business Landscape

An ever-growing number of regulations, such as Making Tax Digital, increasingly require companies to produce documents for which they can guarantee the integrity of content and information. Enabling archives with probative value is one of the greatest benefits of digital invoices and automation.

Leading this evolution, chartered accountants and auditors are particularly well positioned to observe the benefits of AP Automation, including significant reductions in errors, late payments and disputes, and therefore the time spent dealing with them.

Tuesday, March 17, 2020 - 10:08
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Goldbell Financial Services selects Mambu to power GEN investment platform

Goldbell Financial Services, one of Singapore’s leading business finance providers, has confirmed it will partner with Mambu, the market-leading pure SaaS banking platform, to power its private debt investment platform, the Goldbell Evolution Network, known as GEN.

Tuesday, March 17, 2020 - 09:25
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/news/investment/goldbell-financial-services-selects-mambu-power-gen-investment-platform
Financial IT
NexBotix launches to help businesses automate key processes and see benefits in as little as 30 days

NexBotix, the Robot-Process-Automation (RPA) service, has officially launched in the UK. With a managed dashboard solution applied to specific business objectives, it means that only the right processes are automated and ROI can be delivered in as little as 30 days.

Tuesday, March 17, 2020 - 09:16
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/news/artificial-intelligence/nexbotix-launches-help-businesses-automate-key-processes-and-see
Financial IT

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