Scanbot recently highlighted the benefit that can be accrued from employee apps with the use of integrated scanning functions.
In a world that is constantly evolving, AI is proving to to be one of the biggest change-makers. How is it shaping finance?
While it might only feel like a couple of weeks have passed since we toasted in 2023, we’re already at the midway point of the year. Like the previous few years, 2023 has had its fair share of shocking developments. One of these was the collapse of Silicon Valley Bank (SVB) which shook the financial sector. SVB became the...
In a recent post, RegTech firm Eventus outlined key reasons why practitioners must be the key drivers behind trade compliance.
In an endeavour to modernise financial transactions, the Federal Reserve launched its instant payment platform, the FedNow Service.
Colleen AI, an AI platform specialising in optimising payment collections for the multifamily real estate sector, has bagged $3.5m.
Primer, an innovative payments automation platform, offers the infrastructure needed for seamless commerce experiences. Their new partner, Volt, specialises in constructing global infrastructure for real-time payments, thus significantly contributing to the world of instant banking transactions. The primary impetus behind this partnership is the current challenging economic environment in the UK, with high inflation and a looming cost of living...
Quantuma, an international advisory firm, has recently facilitated the sale of Clausematch, an acclaimed RegTech firm, to Corlytics, based in Ireland. Quantuma's team led by Managing Director Adrian Howells and Assistant Manager George Fawcett, worked in collaboration with Aethon Partners' David Schreiter and Stephan Werner, and Rebecca Burford and Pei Li Kew from Charles Russell Speechlys to secure the deal. Recognised...
ThoughtSpot, an innovative company leveraging Artificial Intelligence (AI) for analytics, has announced the completion of its $200m acquisition of Mode Analytics, a contemporary Business Intelligence (BI) platform connecting data teams with business teams to foster significant impact. The acquisition aims to revolutionise business intelligence through a comprehensive suite of AI-driven analytics tools for global data teams. This move propels ThoughtSpot...
Approximately 16 million UK residents remain oblivious to the financial risks associated with 'Buy Now Pay Later' (BNPL) services, says research from responsible lender, Creditspring. The study reveals a severe misunderstanding of BNPL services, showing that 31% of UK adults don't recognise that BNPL purchases could lead to debt. This unawareness rises to 51% for individuals aged 18-24, who are...
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