Tagged: automation

PayEm Study Suggests Financial Pros Slow to Adopt AI

This week, Fintech PayEm released today the results of exclusive research that reveals that 86% of financial professionals still rely on Excel for budgeting and forecasting and 75% use manual reviews and approvals rather than AI or automated solutions. PayEm said these statistics demonstrate the technological gap that… Read More

Majority of DACH Finance Professionals Say Outdated Financial Close Processes Result in Employee Turnover – Research Study

FloQast has announced the results of Market Study: The Role of Finance Automation in Reducing Stress and Retaining Talent in the DACH Region, the company’s latest research initiative. The survey explores the status of automation and digitalization “in finance and accounting teams in Germany, Austria,… Read More

Former Google, Ripple Execs Introduce Skyfire: Payment Rails for AI

Skyfire Systems, Incorporated announced the launch of the payment network built to enable fully autonomous transactions across AI Agents, LLM’s, data platforms, service providers, and other goods and services. Skyfire creates an essential operating layer, “delivering critical missing components for AI commerce, including secure wallet… Read More

Boston based Fintech Centime Introduces AP Solution that Pays Businesses to Automate Accounts Payable

Centime, a Boston-based fintech that offers comprehensive cash management and banking solutions to small to midsize businesses (SMBs), has announced an innovative approach to Accounts Payable (AP) automation that goes beyond the basic promise of ROI. Centime’s new offering not only streamlines the AP process… Read More

Billtrust Assists U.S. Bank with Advanced Receivables, Combining Payment and Risk Management Capabilities with AR Tech

U.S. Bank introduced a comprehensive accounts receivable (AR) platform to help suppliers accelerate cash flow, cut costs through automation and deliver better payment experiences. Created in partnership with Billtrust, U.S. Bank Advanced Receivables “brings together the bank’s leading payment and risk management capabilities with Billtrust’s… Read More

Malaysia’s Maybank to Support SMEs via E-Invoicing Automation Services

Maybank, a partner to two-thirds of Malaysia’s 1.2 million SMEs, has taken a significant step forward in empowering them by automating bookkeeping. This innovative solution frees them to focus “on their core business and allows for a more efficient way of managing their finances, seamlessly… Read More

Fintech GoCardless and Celigo to Scale Indirect Customer Acquisition Globally

Bank payment company GoCardless has announced a partnership with integration and automation platform Celigo to accelerate its growth through indirect channels. Leveraging Celigo’s integration platform (iPaaS) will enable GoCardless “to build integrations between its payment platform and the back-end systems commonly used by businesses today.”… Read More

ION Integrates Fixed Income Solutions with XTP Execution, Expanding Futures Markets Connectivity

ION, a global enabler of trading and workflow automation software, high-value analytics, and strategic consulting, announces the successful integration of its fixed-income solutions with XTP Execution, extending client access to a range of futures markets for trading and market data. In today’s highly competitive and… Read More

Intapp, a Provider of AI-powered Software for Capital Markets Firms, to Acquire Berlin’s delphai

Intapp (NASDAQ: INTA), a global provider of AI-powered software for professionals in advisory, legal, and capital markets firms, announced that it has signed an agreement to acquire delphai, a Berlin-based AI software company specializing in applied AI for firmographic data automation, structuring, and intelligence. The… Read More

Insurtech: hyperexponential and Akur8 to Integrate Pricing Decision Intelligence Capabilities to Enhance Insurance Services

hyperexponential and Akur8 announce a new partnership that will integrate their complementary pricing decision intelligence capabilities to offer insurers an automated, data-driven system for accurately pricing commercial and specialty insurance products. The partnership enables insurers to “integrate rating factors calibrated in Akur8 into pricing models… Read More

Hyperscience, a Provider of Enterprise AI Software, Appoints Brian Weiss as Field CTO

Hyperscience, a firm focused on hyper-automation and a provider of enterprise AI software,  announced the appointment of Brian Weiss as the company’s Field Chief Technology Officer. Weiss joins the company at “a pivotal juncture when the demand for its turnkey enterprise AI software is on… Read More

Spend Management Fintech Payhawk Introduces Purchase Orders, Enabling Procure to Pay Process

Payhawk introduces a 3-way match Purchase Orders system, “enabling businesses to automate their procure-to-pay process to further increase the efficiency and control in business purchases.” Payhawk, the global spend management platform, reveals that it has launched its new Purchase Orders system. The solution streamlines procurement… Read More

X-Change Financial Access (XFA) and Genesis Global to Deploy Automated Quoting System for FLEX Options

X-Change Financial Access (XFA), a division of Marex and an execution broker for exchange-traded derivatives, and Genesis Global, the low-code application development platform purpose-built for financial markets organizations, announced a partnership to automate quoting for flexible exchange options (FLEX options). Called FLEX-FA, the new platform… Read More

Regtech Onfido Introduces Fraud Lab Capable of Creating Synthetic Attacks at Scale as Deepfakes Increase 31X

Onfido, the global automated identity verification provider, today announced the findings of its 2024 Identity Fraud Report and unveiled its Fraud Lab. The report points to the increasing availability of simple-to-use AI tools “as the reason for a 31X increase in deepfakes1 and 5X increase… Read More

Identity Verification Firm IDVerse Offers Mastercard Engage Partner Program, An Inclusive “Digital First” Experience

Digital ID verification company IDVerse (previously known as OCR Labs Global) today announces joining the Mastercard Engage partner program in order “to offer a fully automated identity verification solution to Mastercard customers.” IDVerse’s technology enables Mastercard “to reach a wider range of connected devices by… Read More

Finance Teams at Tech Firms Forced to Inefficiently Scale Headcount to Manage Operations – Ledge Report

Ledge, the automated finance operations OS, released a finance industry report with new benchmark data that shows that finance teams at tech companies are forced “to inefficiently scale their headcount to manage the heavy workload of their finance operations.” Ledge’s research found that “as businesses… Read More

Businesses Reportedly Risk Losing Trillions by Ignoring AI Usage for Fraud Prevention

Onfido, the global automated identity verification, released the results of a study surveying over 1,500 business leaders, examining perceptions, challenges and usages of artificial intelligence (AI). Respondents were from financial services, gaming, retail, healthcare, transportation, legal and telecom industries, “across the US, UK, and Italy.”… Read More

Fintech Platform REPAY, PDI Technologies to Automate AP Payments for PDI Enterprise Clients

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a technology integration with PDI Technologies, Inc., a global firm focused on “delivering powerful solutions and insights that serve as the backbone of the convenience retail and petroleum wholesale ecosystem, to offer embedded… Read More

Automation Platform Glia Introduces Generative AI Tools for Financial Institutions

Glia, the customer interaction leader unifying Digital Customer Service (DCS), phone and automation on a single platform, is offering new generative AI tools to help financial institutions drive efficiency and improve the customer experience in a safe, secure way. Justin DiPietro, Co-Founder and Chief Strategy Officer of… Read More

Regtech Onfido to Streamline Onboarding Process for Job&Talent with Identity Verification

Onfido, the global firm focused on automated identity verification, announced a partnership with Job&Talent, a marketplace headquartered in Spain, for essential work. Together, they will automate remote identity verification “for new candidate onboarding, eliminating the need for in-branch visits.” Onfido’s technology helps Job&Talent accelerate customer… Read More

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