Paragon Bank has announced the selection of Alfa to power a new Commercial Lending Transformation Programme, replacing its legacy systems and streamlining the end-to-end lending process. The strategic initiative will modernise Paragon’s SME lending operations, diversify its product portfolio and enhance the experience for customers and brokers. By choosing Alfa’s accelerated Alfa Start delivery methodology, […]
Over three quarters of project professionals in the UK financial services sector are implementing artificial intelligence (AI) as part of their everyday processes, according to a new survey by the Association for Project Management (APM), the chartered membership body for the project profession. The survey of 1,000 project professionals, carried out by national research company […]
PXP, the expert in global payment services, today shares the findings from exclusive new research conducted in collaboration with polling firm Censuswide, revealing the payment preferences, priorities and frustrations of more than 4,000 consumers across the UK and US. The research uncovers compelling trends in how people choose to pay and what drives their decisions: […]
Fintilect, the specialist hyper-personalized digital banking software provider, has partnered with DF Capital to provide full online self-serve functionality for its suite of business savings accounts for small and medium sized enterprises (SMEs). The introduction of online functionality for these accounts follows the successful 2021 launch of full online functionality for DF Capital’s personal savings […]
A new survey has revealed that over half (53%) of workplaces in the audit and governance sector have implemented GenAI tools in their day-to-day tasks. Carried out by CareersinAudit.com, the survey asked audit and governance professionals about how AI is being implemented in their respective organisations, and their attitudes towards the tech. While more than claim the tools […]
As cyber criminals unleash increasingly sophisticated attacks, IT directors from the world’s leading companies are battling an unprecedented wave of digital threats; from Ransomware to Phishing and future Quantum Computing risks. Nearly half of IT directors at global enterprises predict cybercrime costs will exceed $15tn by 2030 – equivalent to the combined GDP of Germany, […]
Two-thirds of businesses (62%) cite generative AI as a key driver behind the surge in invoice fraud, according to a new global survey. This increases difficulty in distinguishing between legitimate and fraudulent documents, as attacks grow in volume and sophistication. Alongside this issue, 90% of organizations lack dedicated fraud prevention teams, forcing accounting staff to juggle fraud […]
The majority (87 %) of IT professionals agree that there is a lack of gender diversity in the sector, yet less than half (41 %) of businesses have programs in place to hire more women, according to new research from ISACA, the leading global professional association helping individuals advance their careers in digital trust fields. […]
Firms that are falsely using GDPR as a ‘scapegoat’ for non-compliance with Consumer Duty are risking severe action from the regulator, MorganAsh warns. The support services provider and customer vulnerability specialist has seen some firms using the data protection laws as a reason to not comply with Consumer Duty. Anecdotal evidence suggests that some firms […]
Cyber security is an increasing concern for businesses of all sizes, and with the ever growing flexibility of remote and hybrid working this threat is greater. A recent study asked SME business owners to share their biggest concerns when it comes to cyber security, and remote working was deemed to be one of the greatest. […]
