Category: digital currencies
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By the numbers: Company CFOs, treasurers look to bank partners for automation
Chief financial officers and treasurers are feeling squeezed in today’s market as they juggle multiple priorities, and they can look to technology and automation to relieve some of that burden. Investing in technology can help companies reduce costs, manage growth and improve operational efficiencies — but 58% of companies don’t have a formal digital transformation…
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Fieldpoint Private launches advisor banking platform
Wealth management provider Fieldpoint Private has launched Fieldpoint Private Advisor Banking Services, a platform that will enable transaction transparency for registered investment advisor (RIA) firms outside of the bank. The new software suite at the $1.4 billion private bank runs on multiple technologies including AI, identity management and data management in a Microsoft Azure cloud…
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Bridging the Empathy Gap with Human-Centered AI: Our Conversation with Uday Akkaraju, CEO of BOND.AI
One of the more compelling presentations at FinovateFall this year was the keynote address from BOND.AI CEO Uday Akkaraju. Titled “Why the Future of Finance is Beyond Finance, And How to Get There,” Akkaraju’s discussion looked at the wave of digital transformation in financial services and asked “is there a radically smarter path to profitability…
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What These 10 Holiday Movies Teach Us about Fintech
If you plan on binge watching holiday movies in the next few weeks (or if you have been since October), here’s something to think about. Did you know that many of these films come with lessons for the fintech industry? Here are some films you may want to watch over your winter break, along with…
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ING Selects Paysafe for Cash Deposits and Withdrawals
ING Germany has tapped Paysafe’s cash arm, viafintech, to offer its users cash deposit and withdrawal services. Using ING Germany’s Banking to Go app, customers can deposit and withdrawal cash at more than 12,500 participating brick-and-mortar stores. Withdrawals are free, but customers will be charged a 1.5% fee on the total amount they deposit. Global…
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HSBC, Extend to offer virtual card solutions to commercial customers
HSBC announced today that it is partnering with digital card fintech Extend to offer virtual card solutions and embedded payments to its business clients. Commercial card customers of HSBC USA, owned by $2.9 trillion, London-based HSBC Holdings, are now able to create, send and manage virtual cards throughout their organizations via the latest Extend partnership,…
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Transactions: Finastra, Veem partner for SMB digital payments
London-based core provider Finastra is partnering with payment service fintech Veem to provide payment services to small and medium-sized businesses (SMBs). San Francisco-based Veem’s payment service will be integrated into Finastra’s Fusion Digital Banking Platform and will give users a centralized platform for SMBs, Peter Longo, senior director of product management at Finastra, told Bank…
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How to Enhance the Small Business Banking Experience with Automation and Augmentation
Small business (SMB) customers are rethinking their banking relationships and looking for a personalized and emotional connection. If you need proof, look no further than these compelling stats: Only 18% of small businesses believe their financial institution (FI) meets their needs 62% of small businesses don’t see their business account providing more benefit than a…
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Stablecoin News for the week ending Wednesday 14th December.
Here is our pick of the 3 most important stablecoin stories during the week. CBDC’s are coming but what type? This week we saw more announcements on CBDC’s research and experiments, but it is unclear if we will get a Retail (direct account with the Central Bank) or Wholesale (direct account with a Bank and regulated…
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FinovateEurope’s Alumni Alley: Innovations in SaaS Accounting, the Evolution of eDoc Delivery, and the Challenge of Digital Identity
Alumni Alley is the latest addition to our upcoming FinovateEurope conference in March. This new feature is exclusively for FinovateEurope alums, and will give these companies a unique opportunity to share their latest innovations in a special showcase at the event. Learn more about FinovateEurope’s Alumni Alley and see if it’s a fit for you!…
