The current interest in generative artificial intelligence (AI) has caused some to conclude that we may see a new wave of AI-enabled fraud. However, the payments industry shouldn’t overestimate the abilities of large language models (LLM) or underestimate the power of existing anti-fraud systems, says the leading chargeback technology platform, Chargebacks911. AI has played a vital part in […]
Lendscape, the market-leading provider of commercial finance technology, today announced the launch of Lendscape CONNECT, a revolutionary solution designed to widen access to invoice finance by removing the traditional barriers involved for lenders and their clients. Lendscape CONNECT brings together open accounting technology and advanced Shadow Ledger functionality to digitalise and automate the invoice finance […]
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the findings of The Total Economic Impact™ (TEI) of SS&C Blue Prism, a 2024 study conducted by Forrester Consulting. SS&C Blue Prism commissioned the study to examine the potential Total Economic Impact™ enterprises may realize by deploying an Intelligent Automation Platform, and evaluate the full potential financial […]
Lenvi, the leading lending software and solutions provider, has announced 19% revenue growth in its first year of operations. The 12 month growth was driven by securing 25 new customers, and covering £90bn in assets. New customers include major financial institutions BNP Paribas, Banc and Octopus to add to its already impressive portfolio which includes […]
Fintech Week London, a series of events that celebrates London’s innovative fintech scene, has just announced an impressive line-up of the industry’s key leaders taking to the stage at this year’s flagship conference. Taking place between 10 and 14 June, the flagship event on 13 June in the Park Plaza Victoria London, will bring together […]
Launched after four years of collaboration with banks and lenders worldwide, dancerace’s r3 RiskOps system enables risk and operational teams to better manage client risk and work more efficiently, every day. The system comes to market having already been deployed by Skipton Business Finance in the UK and ScotPac in Australia. Efficiency, integrated r3 RiskOps […]
An 8,000% surge in financial data breaches affecting millions across the UK central government between 2019 and 2023 points to a “potential crisis” in public sector cybersecurity, according to a Freedom of Information request to the Information Commissioner’s Office (ICO). The alarming statistics derive from reports of personal data breaches made to the ICO under […]
Open Banking platforms still have a way to go to convince the public of their superior safety despite 1 in 5 feeling this form of online transaction is secure, according to I-Finity’s 2024 Open Banking survey. Open Banking is not only safe and secure, but also faster and more efficient than regular online banking methods. […]
TransferGo, the global fintech empowering a world on the move, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its payments offering. TransferGo provides more accessible financial services by making international money transfers simpler, faster and lower cost. It operates in 160 countries and has more […]
New data from intelligent planning technology provider Board International, reveals that UK business leaders are placing a renewed focus on scenario planning in response to a volatile business landscape. According to the new Board 2024 Global Planning Survey, 76% (Global: 71%) of decision-makers are taking planning more seriously, with the war in Ukraine, cost-of-living crisis, […]
