Category: Doing Business Overseas
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NCR’s Evolution and What’s Next
The world of banking is ever-evolving, and NCR has been part of this evolution since it was founded in 1881. To get some insight from a firm that has had a front-row seat to industry changes– and to get a glimpse of what’s next– we spoke with NCR Chief Product Officer Erica Pilon. She has…
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XBRL News about ESAP, India and crypto accounting
Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 ESAP latest: EU drives towards transparency Among other great speakers at the recent XBRL Europe conference, Jean-Phillippe Rabine from the European Commission (EC) provided an update on progress towards the planned European Single…
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Innovation, Digital Ecosystems & CHF 1billion goal: Bâloise’s Masterplan
Electric vehicles(EVs) form a 10% slice of new car sales in Europe, with the proportion expected to reach 30% by 2030. Still, buying EVs can be intimidating with multiple unknowns. Drive Electric, an initiative of Bâloise group, provides value-added services to help customers making the switch to electric. From support to set up home charging…
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Listen: How AI-powered automation can streamline financial reporting
Businesses looking for quick credit-decisioning can benefit from financial reporting that gives banks a clear picture of data. Lenders “need a simplified and accurate way to receive financial reports so they can make decisions,” Sid Saxena, chief executive of artificial intelligence (AI)-powered accounting automation platform Docyt, tells Bank Automation News in this episode of “The…
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Klarna Integrates with Blackhawk Network Bringing Buy Now, Pay Later to Grocery Stores and Beauty Salons
Blackhawk Network and Klarna have teamed up to bring Klarna’s alternative payment solutions to customers shopping with physical merchants. The partnership comes as consumers show greater interest in using Buy Now, Pay Later payment options at retailers such as grocery stores, as well as for services. Among Finovate’s earliest alums, both companies made their Finovate…
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SymphonyAI acquires fraud detection platform from BAE Systems
SymphonyAI, an artificial intelligence (AI) software-as-a-service company, this week announced it is acquiring financial crime detection platform NetReveal from BAE Systems. Terms of the deal were not disclosed. As part of the British multinational aerospace and defense company BAE Systems, London-based NetReveal delivered positive financial performance after BAE acquired the company in 2008, Mike Foster,…
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Transactions: Capital One Business teams up with Melio
Capital One Business is partnering with accounts payable platform Melio to allow its small business cardholders to pay vendors and suppliers with a card directly from their accounts, even if they do not accept credit cards. A recent survey found that more than one-third of small- and mid-sized business leaders are prioritizing investing in automated,…
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3 Things You Need to Know About Highnote’s New Partnership with Plaid
All-in-one card issuer and program management platform Highnote has teamed up with fellow Finovate alum Plaid. The new partnership will enable frictionless money transfers for card solutions powered by Highnote. The company will leverage Plaid’s account auth and balance solution to enable its customers to seamlessly make their transactions without needing to worry about account…
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Zeta Appoints FIS Veteran Karla Booe as Chief Compliance Officer
Modern core processing provider Zeta appointed FIS Veteran Karla Booe as Chief Compliance Officer. Booe has spent more than 27 years working at FIS, where she served as Deputy Chief Compliance Officer. Zeta was voted Best of Show at FinovateWest Digital 2020. Modern core processing provider Zeta is introducing a fresh face this week. The…
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Stablecoin News for the week ending Wednesday 13th July.
Here is our pick of the 3 most important Stablecoin news stories during the week. The world of Stablecoins goes risk off! It seems we are all learning from recent mistakes and implementing new systems with strange names like risk management, something that Terra, Three Arrows, Voyager and Celsuis should have been doing. First, Banking Circle,…
