Mitigram, the global leader in digital trade finance, is pleased to announce it has partnered with Fides, the industry-leading multibank connectivity provider, as Mitigram becomes their trusted partner for trade finance supply. This is in line with Mitigram’s strategy to improve bank communication for corporates. The partnership will enable clients to digitalise their trade finance […]
In a UK first, Lloyds Bank has partnered with Cleareye.ai, a specialist artificial intelligence platform, using AI to streamline the processing and compliance checking of trade finance documentation to drive efficiencies for clients. Cleareye.ai’s ClearTrade technology will be implemented from this month. The advanced technology will use optical character recognition (OCR)*, machine learning, and natural […]
efcom gmbh and Lenvi Riskfactor (UK) have signed a partnership agreement to bring together their expertise and market leading technology to provide customers with connected experiences and continue to drive innovation for the receivables finance industry. Lenvi Riskfactor is a global leader and innovator in risk management software. The technology is used globally by receivables […]
In the aftermath of the CrowdStrike IT outage, new research has uncovered a critical vulnerability within financial institutions regarding supply chain resilience. The July outage, which saw thousands of businesses across the globe grind to a halt as a result of a faulty software update, has demonstrated the need for greater digital supply chain resilience, […]
New global research from Google Cloud looks at the return-on-investment (ROI) of generative AI (gen AI) and reveals a surge in UK businesses investing in gen AI and reaping its rewards. However, despite significant financial commitment and early successes, a significant portion of UK enterprises are grappling with the transition from pilot projects to full-scale […]
Fintilect, the new identity for three market-leading financial technology companies spanning both sides of the Atlantic, has been officially launched today, enabling regional and global financial services institutions to deliver one of the most advanced hyper-personalised, AI-driven digital banking experiences available in the market today. The launch of Fintilect provides clients with the ability to […]
New research from Deltek, the leading provider of software and solutions for project-based businesses, reveals that, while 79% of professional services firms expect to increase investment in emerging technologies, there are significant challenges holding back adoption. The findings, which form part of its ‘Adopting Emerging Tech: How to Streamline Project Management and Boost Productivity with […]
Dancerace, a leading provider of software systems for global banks and business lenders, today announced a significant new investment from Norland Capital, a software and technology-focused investment firm based in San Francisco, Boston, Sydney and London. International investment banking firm Alantra advised Dancerace and its majority owner, Newable Capital, on the transaction. Based in Bath, […]
ExtraHop®, a leader in cloud-native network detection and response (NDR), today released its global ransomware trends report, a data-driven analysis of ransomware impacts across geographies, industries, and organizations of different sizes. According to the research, security leaders report that they are increasingly being targeted by ransomware actors, averaging nearly eight incidents per year and paying […]
Strategy consultants at OC&C have shared a report unveiling a significant opportunity for embedded finance for scale SaaS ERP (Enterprise Resource Planning) and payroll providers. Embedded finance refers to the integration of financial products into non-financial customer journeys. The value chain for embedded finance typically consists of three steps: end customers (such as SMEs), non-financial software […]
