Green Finance Under Regulator’s Microscope as SMEs Lag Behind
- 9 months 1 week ago
- Financial
The Lending Standards Board (LSB), the self-regulatory body for banks and lenders, is urging financial services firms to feed-in on how its protection Standards for business customers can help drive sustainability in financial services – while providing good outcomes for customers.
Bahrain Set to Unveil PwC Middle East's Latest Regional Service Centre
- 9 months 2 weeks ago
- Financial
PwC Middle East, is set to establish a new service delivery centre in Manama, Bahrain during the first quarter of 2024. The service centre will offer strategic compliance and advisory services to a wide range of global institutions. In line with PwC Middle East's objective to expand its market presence regionally, this new centre will strengthen PwC's global network of 328,000 people working in 152 firms around the world.
UK Finance Leaders Tighten their Belts in a Bid to Tackle Inflation
- 9 months 2 weeks ago
- Financial
Say goodbye to your expenses - 43% of finance professionals in businesses across the UK have reduced expenses to minimise the impact of inflation and tighter monetary conditions on their businesses. Over a quarter (28%) have reduced their overheads by downsizing their office or reducing energy costs; 26% are increasing the use of technology/automation in their businesses; and 24% are planning to increase the prices of their services/ products.
Tray.io Launches Low-code Solution to Remove Manual Finance Work and Automate Order-to-cash Operations
- 9 months 3 weeks ago
- Financial
Tray.io, the leader in low-code automation and integration, today launched a new order-to-cash solution for finance and operations teams to automate and accelerate the payment collection process while eliminating departmental silos and reducing data entry errors.
P2P Platforms Expect Strong Market Competition
- 9 months 3 weeks ago
- Financial
The European P2P market is not yet highly competitive. However, the situation may change as early as next year. Analysts of the Robo.cash platform assessed the competitiveness of the European P2P market using the reverse Herfindahl-Hirschman index (HHI)*.
AI Set to Unlock £31B Increase in UK Productivity, Says KPMG
- 9 months 3 weeks ago
- IT Innovations
The UK economy could secure a £31bn boost from the widespread adoption of generative Aim according to new research from KPMG. The UK’s struggling economy could benefit from a much-needed £31bn boost from the widespread adoption of generative AI, says the report. According to the ‘Big Four’ firm, generative AI is set to increase UK productivity by 1.2 per cent, the equivalent of an extra output of £31bn a year in the UK economy.
Yooz Launches Their Third Annual Report into the State of Automation in Finance
- 10 months 1 week ago
- Financial
Leading Accounts Payable (AP) automation solution provider,
NayaOne Now Available in the Microsoft Azure Marketplace
- 10 months 1 week ago
- Financial
NayaOne, the global digital transformation platform and digital sandbox provider, today announced the availability of the NayaOne digital sandbox in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.
Medius Announces Intent to Acquire Expensya
- 10 months 2 weeks ago
- Financial
Medius, a leading provider of accounts payable (AP) automation, today announced its intent to acquire expense management software company Expensya for an undisclosed sum.
Is Fear Of Change Paralysing UK Finance Departments?
- 10 months 2 weeks ago
- Financial
NatWest and the University of Edinburgh Launch New Innovation Centre
- 10 months 2 weeks ago
- IT Innovations
NatWest Group and the University of Edinburgh have today announced a new partnership based on challenge-led research and innovation that will improve how data is used to benefit bank customers, students, researchers and policymakers. The Centre for Purpose-Driven Innovation in Banking will combine business insights from NatWest Group (NWG) with the University’s research, data and social science expertise to co-create data-driven, novel solutions... more
Reale Group Partners with Fabrick and Joins Shareholding with Minority Stake
- 10 months 2 weeks ago
- Financial
Reale Group, a renowned player in the insurance industry which operates in Italy, Spain, and Chile, has selected Fabrick, a pioneer in the Open Finance sector, as its preferred partner to digitise its offerings and enhance the customer experience.
Platinum Federal Credit Union Collaborates with Jack Henry to Focus on Financial Health
- 10 months 3 weeks ago
- Financial
Jack Henry™, today announced that Platinum Federal Credit Union (PFCU) is working with Jack H
Finance Leaders Prioritize Sustainable Growth to Offset Inflation and Economic Uncertainty
- 10 months 3 weeks ago
- Financial
Tipalti, the leading global payables automation solution, today reveals fresh insights into the strategies of global finance leaders in high-growth businesses amidst the current economic climate, with almost 8 in 10 (78%) believing sustainable growth is now more important than growth-at-any-cost.
Digital Euro: The European Central Bank Publishes the Results of The Prototyping Exercise
- 10 months 3 weeks ago
- Financial
The European Central Bank has published today the summary and the lessons learned from the prototyping exercise it has conducted from July 2022 to February 2023 to test how design choices for the digital euro could be technically implemented and integrated into the existing European payments landscape.
