Almost a quarter (23%) of senior finance professionals fear that artificial intelligence (AI) could put them out of a job, despite 24% of finance functions already underway with onboarding the new technology and 51% planning to in the next 12 months. These are among the findings of new research commissioned by AccountsIQ, the award-winning accountancy […]
Today, Trade Ledger announces it will launch a new solution integrating Microsoft Azure OpenAI Service, designed exclusively for Business Owners, CFOs and Financial Directors in small and medium-sized businesses (SMEs). SMEs often don’t have the resources or in-house expertise to access and understand information to optimize the cash-to-cash cycle. Trade Ledger’s Working Capital Copilot built […]
New research released today by enterprise transformation consultancy, Mesh-AI, reveals that 79% of enterprises surveyed saw positive business outcomes when using AI. However, a lack of understanding of how to apply the technology is the number one business barrier to AI adoption according to nearly 1 in 4 respondents (23%). The new report, The State […]
New research by FreedomPay and Retail Economics shows that the UK is on the brink of a digital payments transformation, with digital wallet purchases set to surpass card transactions within ten years. Currently, around a fifth (17.0%) of retail, leisure and hospitality spending is made through digital wallets; compared to over half (55.7%) by plastic, […]
Europe’s leading provider of digital trade credit solutions, Hokodo, has partnered with AI powered transaction analytics firm, Fuse, to enhance its credit offering to businesses in the UK. The partnership empowers businesses to access more personalised credit options by combining Fuse’s credit risk and Income Verification tools with Hokodo’s B2B lending capabilities. Using Fuse’s tools, […]
Mastercard and Paysend, a UK-based fintech, have today expanded their collaboration to enhance cross-border payments for small and medium enterprises (SMEs), which are increasingly looking for ways to send money or pay vendors across the globe quickly and securely. While digital payments are seeing strong growth with two-thirds of SMEs sending and receiving cross-border payments […]
Cashflows, the platform that makes it easy for merchants to accept payments, today announces an extension to its Visa partnership with Cybersource to amplify authorisation rates, support merchant and partner payouts, and enable international payment acceptance. A single connection into Cybersource, which is part of Visa Acceptance Solutions, enables access to a community of […]
Lendscape, the world’s leading technology provider for all forms of secured finance, and Lenvi Riskfactor, the global leader in risk and fraud analytics for commercial finance, team up to offer enhanced digital risk management for finance providers across their entire lending operation. Combining Lendscape’s market-leading lending technology with Lenvi Riskfactor’s advanced, real-time credit risk analytics, […]
Digital payments expert, PayPoint, has become the first Open Banking provider to offer bank to bank transfers as a Payment Initiation Service Provider (PISP) to Pay-As-You-Go energy customers with its new Pay By Bank service. PISP credit transfers operate on the existing interbank infrastructure, but provide customers with an easier payment journey, as a PISP […]
Drawing insights from independent research, including a survey of 250 executives and managers from UK banks or financial firms, Weavr’s whitepaper provides a comprehensive look at current attitudes towards, and actions to develop, embedded-finance offerings by UK financial institutions. Amongst the key findings, the research found: Almost two-thirds (63%) consider embedded finance a significant commercial […]
