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Medius Recognized in the Gartner® Magic Quadrant™ for Procure-to-Pay Suites for the Second Time in a Row

Medius, a leading provider of spend management solutions, has been recognized as a Visionary in the October 2021 Gartner® Magic Quadrant™ for Procure-to-Pay (P2P) Suites report.1

Medius believes this achievement is attributed to their innovative product development, truly customer-centric approach, and the modern technology powering Medius solutions.

Monday, November 1, 2021 - 15:22
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Financial IT
The Payments Association Tips Open Banking as its Next Big Bet, Driving Industry Competition and Innovation

Latest community insight draws back the curtain on open banking, the game changing approach to data, its major players globally and impact on the industry

Monday, November 1, 2021 - 15:09
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Financial IT
36% Decline in e-commerce Fraud rate Follows Increased Adoption of 3DS
  • A more than 600% increase in 3DS transactions in the past year corresponds with a 36% fall in e-commerce payment attacks according to the latest Cybercrime Report from LexisNexis® Risk Solutions
  • 3DS authentication process aims to reduce fraud and enhance security in online card payments, as part of the Europe-wide drive towards Strong Customer Authentication (SCA)
  • A 21% increase in overall e-commerce transactions was driven in part by 182% growth in Buy Now Pay Later (BNPL) transactions
Monday, November 1, 2021 - 14:49
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Financial IT
Tradeteq Connect Becomes a New Trade Risk Distribution Channel for Commerzbank, Aka and Texel

 Tradeteq, the leading technology provider for bank asset distribution, together with Commerzbank AG (Commerzbank), AKA Ausfuhrkredit-Gesellschaft mbH (AKA), and Texel Finance Limited (the Texel Group) have announced that following a successful proof of concept phase, Tradeteq Connect, an expansion of the firm’s existing platform to support distributing bank risk resulting from trade products such as letters of credit (LCs) and guarantees, has been implemented by Commerzbank AG, AKA,

Monday, November 1, 2021 - 12:09
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Financial IT
Large Companies Least Likely to Engage With Data Protection and Privacy Regulations

Research by The DPO Centre reveals that senior leaders in large organisations are less likely to understand the impact of privacy and data protection regulation or engage with it, compared to their counterparts in smaller organisations.

Over 400 data protection experts were asked how well senior leaders of their organisation, as well as all other employees, understood and engaged with privacy issues such as accountability, compliance and data security.

Monday, November 1, 2021 - 12:06
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Financial IT
Insig AI Becomes a Sponsor of The UK's All Party Parliamentary Group on Environmental, Social, and Governance

Insig AI, the technology company that provides machine learning solutions for asset managers, is proud to announce that it joins EDF Energy, CBRE Global Investors, KMPG in the UK and others as a sponsor of the All-Party Parliamentary Group ("APPG") on Environmental, Social, and Governance ("ESG"). 

Monday, November 1, 2021 - 12:06
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Financial IT
Levo Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform to Enhance Loan Approvals and Member Experience

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Levo Credit Union has chosen its AI-powered platform, enabling the credit union to make faster loan approvals, reaching more members, increasing loan approval rates and enhancing member experience.  

Monday, November 1, 2021 - 11:38
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Financial IT
The Association of National Numbering Agencies: 40 Years of ISIN

Celebrating 40 Years of a global, common language of financial instruments processing

The Association of National Numbering Agencies (ANNA), a global association dedicated to the support of efficient capital markets through the use of widely embraced International Organization for Standardization (ISO) standards, today announced the 40th anniversary of the ISIN, the International Securities Identification Number, used to uniquely identify financial and referential instruments. 

Monday, November 1, 2021 - 11:29
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Financial IT
Blockchain Industry in the UK Landscape Overview 2021: Companies, Investors, Influencers, and Trends

This report produced by Innovation Eye and powered by Big Innovation Centre, Deep Knowledge Analytics, and Greengage presents an updated overview of the entire Blockchain industry ecosystem in the United Kingdom.

Monday, November 1, 2021 - 11:27
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Financial IT
Cynergy Bank Provides £10M Funding Line to First Circle Group

First Circle Group, a fast-emerging business specialising in manufacturing rigid plastic containers, has received a £10m plant and machinery loan and receivables funding facility from Cynergy Bank.  This is a new client to the Asset Based Lending (ABL) division of Cynergy Bank which launched in September.

Headquartered in Newport Pagnell, First Circle Group currently operates five sites across the UK and Ireland supplying over 700 million rigid plastics containers per annum.

Monday, November 1, 2021 - 10:56
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Financial IT

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