techUK has unveiled a new report highlighting the immense potential for growth and productivity through increased digital adoption among UK SMEs. The report, “Small Enterprises, Big Impact”, finds that the UK still suffers of a productivity gap. Despite SMEs making up 99.9% of UK companies and representing some of the country’s most resilient businesses, over […]
MANSA, a leading decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, has partnered with blockchain payment platform Bitmama to improve cross-border payment accessibility across Africa. Payment companies across Africa face significant challenges in establishing cross-border payment services, where maintaining pre-funded accounts in multiple countries often poses an obstacle due to limited capital, stifling innovation […]
AI is set to transform financial services organisations, but many are behind the curve. Operations leaders are now recognising the shortfalls of not having access to the data they need and see the significant benefits that AI can bring. New research from ActiveOps, provider of AI-powered Decision Intelligence for service operations, has found that almost […]
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 […]
