Fintech News

JANUARY 13, 2025

While some technological solutions are available, none have fully reduced the burden on finance managers. AI-Powered Automation: Streamlining Spend Management Source: Shutterstock SMEs handle hundreds of invoices monthly. Automating these processes can benefit SMEs. This is where Artificial intelligence (AI) becomes important.

AI 123

AI Finance Automation SWIFT 123

Finovate

APRIL 9, 2024

At the conference, Lucinity demonstrated its AI-enabled copilot, Luci , which enhances financial crime compliance via insight generation, report writing, and automation. The technology performs internet searches, background checks, fraud detection, sanctions screening, and more. hours to 25 minutes.

Automation 109

Automation Innovation Financial Crimes AI 109

The Fintech Times

FEBRUARY 14, 2024

As businesses adapt to the accelerating pace of technological change and new e-invoicing mandates, one aspect of financial management stands out – accounts payable (AP) automation. What is AP automation? Current trends in AP automation The current AP automation market is dynamic.

Automation 103

Automation Process Duplicate Compliance 103

Nanonets

APRIL 5, 2023

The digital era has brought about an immense shift in the way businesses operate, with automation becoming a key driver of efficiency and productivity. What is intelligent process automation? Intelligent process automation replicates human activities and can even improve them over time.

Automation 98

Automation Process AI Fraud Detection 98

The Finance Weekly

DECEMBER 30, 2021

For businesses, this might spell out the adoption of a new strategy, scheduling approach, or technology implementation. Technology implementation has been a popular course of action in recent years for many organizations. The following are a few practical considerations as waves of new technology continue coming our way.

Technology 130

Technology MSPS Small Business Data Security 130

Nanonets

JUNE 5, 2023

If so, you'll need to know all about procurement automation—a powerful tool that can help you manage the purchasing process efficiently. In this article, we'll demystify the process of procurement automation and discuss the many challenges (and benefits), emerging trends, and best practices associated with it.

Automation 98

Automation Best Practices Process AI 98

The Fintech Times

JUNE 17, 2024

According to research from fraud prevention platform Ravelin , the UK economy and businesses that reside within it are at great risk, as the UK’s online fraud presence has increased the most out of 10 countries surveyed in the past 12 months. Automation in the form of machine learning is widely seen (66.2 Additionally, 51.8

Research 122

Research Fraud Prevention AI Verification 122

The Fintech Times

MARCH 19, 2025

This will be greatly appreciated by the industry as according to research from Sollers Consulting and Ipsos , 63 per cent of UK customers consider a quick claims handling process as one of their top expectations from their insurer. It will automate the reconciliation of invoices with claim payouts, and reduce paperwork and delays.

Payment Solutions 104

Payment Solutions Product Process Reconciliation 104

Fintech News

JANUARY 20, 2025

Cryptocurrency is a digital currency form that uses cryptographic technology to secure transactions and control the creation of new units. Compared to traditional currencies, cryptocurrencies operate on decentralised networks, often powered by blockchain technology. What is Cryptocurrency? What are Cryptocurrency Exchanges?

Cryptocurrency 113

Cryptocurrency Credit Cards Verification Blockchain 113

FloQast

AUGUST 28, 2024

FloQast’s latest market study, “ The Role of Financial Automation in Reducing Stress and Retaining Talent in the DACH Region ,” delves into the specific issues facing the region, offering insights and strategies designed to help accounting teams overcome these challenges, reduce stress, and boost efficiency.

Automation 102

Automation AI Accounts Finance 102

PYMNTS

NOVEMBER 17, 2020

Compared to their direct-to-consumer (D2C) counterparts, the heavy-lifting, hardworking B2B businesses of the world have always been chided for being a few clicks behind when it comes to embracing and investing in payments technology. Prados pointed out that this unprecedented year of turmoil has forced many to address the automation issue.

B2B 108

B2B Automation Cross-Border Wire Transfer 108

Fintech Review

OCTOBER 1, 2024

Recent consumer research conducted by FullCircl reveals critical insights into public perception of digital identity verification processes. The convergence of technology, regulatory developments, and shifting customer expectations are driving a significant transformation in how these processes are implemented.

AML 98

AML Verification Research Consumer 98

Fintech Finance

OCTOBER 29, 2024

Cross-border ecommerce transactions were expected to reach two trillion dollars in 2024, accounting for over 30% of all ecommerce sales and more than doubling over the past three years, according to CapitalOne Shopping Research data.

Multi-Currency 97

Multi-Currency Cross-Border Transactions Accounts 97

The Payments Association

OCTOBER 28, 2024

Fintech’s emphasis on delivering a more seamless, user-friendly payment experience has raised the bar for the entire industry, pushing traditional banks and processors to focus on modernising their technology stacks – perhaps faster than they would have otherwise.

Process 100

Process Payment APIs and Integration Processors Payments 100

The Finance Weekly

JANUARY 1, 2023

It’s no surprise that this was the most read article in 2022, as more and more people are researching how to make the transition from traditional FP&A with manual Excel inputs, to a modern, automated, and centralized FP&A process. Read the FP&A Software Solution Comparison here. Read the , full article.

Finance 246

Finance Automation Compliance Laws 246

Bank Automation

APRIL 3, 2025

the financial-technology company poised for an initial public offering, raised $575 million in a funding round from longtime existing investors Ribbit Capital and NEA and new institutional backers including Fidelity Management & Research Co., BlackRock Inc. and Franklin Templeton.

FinTech 52

FinTech Automation Research Posting 52

The Fintech Times

NOVEMBER 19, 2024

As much as 86 per cent of financial professionals still rely on Microsoft Excel for budgeting and forecasting, while 75 per cent use manual reviews and approvals, according to new research from fintech solution provider PayEm. This lack of transparency can lead to overspending, inefficiencies, and missed opportunities for cost optimisation.

AI 59

AI Continuity Automation Technology 59

CB Insights

NOVEMBER 7, 2022

What is accounts payable automation software? Accounts payable (AP) automation software companies automate the entire accounts payable process, from invoice to pay to reconciliation, with the aim of reducing manual processes and avoiding human errors. Want the full expert post? Become a CB Insights customer.

Automation 77

Automation Accounts Reconciliation Payments 77

Finovate

APRIL 9, 2025

The technology combines robust security features with advanced fraud detection capabilities including as deepfake detection. Research from Statista points to a projected compound annual growth rate of 31% through 2029. ” Established in 1951, Security Bank has deployed Entrust’s Onfido Studio platform.

Security 87

Security Verification Deepfake Fraud Detection 87

Bank Automation

FEBRUARY 13, 2024

Ami Haueter, chief research and digital experience officer at Michigan State University Federal Credit Union, will speak at Bank Automation Summit U.S. 2024 about how FIs can create processes for AI technology adoption. Bank Automation Summit U.S. 2024 takes place March 18-19 at the Omni Nashville in Nashville, Tenn.,

Automation 72

Automation Credit Union AI Research 72

The Fintech Times

DECEMBER 3, 2024

Banks leveraging Corporate Digital Identity achieve a 32 per cent reduction in end-to-end onboarding processing time, according to new research commissioned by KYC automation company Encompass Corporation , and conducted by financial research firm Chartis Research.

Process 59

Process Compliance Research Financial Crimes 59

VISTA InfoSec

JUNE 18, 2024

From customer information and financial records to trade secrets and proprietary research, these digital assets are invaluable. Whether you’re a small business owner, a corporate leader, or an Information and Communication Technology (ICT) specialist, the consequences of a data breach are severe and far-reaching.

Data Security 266

Data Security Security Encryption Cybersecurity 266

Fintech Finance

FEBRUARY 20, 2025

New research from Moneyhub , the Open Banking data and payments platform, has revealed a strong appetite for intelligent payments that can be delivered by Open Banking and Variable Recurring Payments (VRPs), highlighting significant opportunities for businesses to capitalise on modern payment technologies.

Innovation 87

Innovation Payments On-Demand Regulations 87

Fintech Finance

APRIL 1, 2025

A new whitepaper by global payments processor and technology provider, RS2 , has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems. Additionally, AI-driven predictive analytics enhance system reliability, minimize downtime, and optimize resource allocation for peak efficiency.

Innovation 59

Innovation ISO 20022 Fraud Detection AI 59

PYMNTS

DECEMBER 15, 2020

The good news, however, is that two-thirds of firms are cognizant of these issues and are actively moving away from manual processes, planning instead to embrace new technological solutions to upgrade their accounts receivable (AR) processes for more efficiency, speed and lower fees. These are only some of the findings from our research.

Process 111

Process Automation Payments B2B 111

The Fintech Times

APRIL 10, 2025

Artificial intelligence (AI) is helping organisations take their offerings to the next level, and reflecting on how it has done so over the last few years for itself, the US based financial institution, Bank of America has revealed that AI is now embedded across multiple business lines and areas including global technology, operations and training.

AI 59

AI Online and Mobile Banking Professional Development Payroll 59

The Fintech Times

MARCH 26, 2025

A new report has been published by Finity , the back-office ecosystem for recruitment businesses, examining the efficiency of technology and processes in place in the UK’s recruitment sector, and how these are in turn impacting workforce productivity, for better or for worse. Latest ONS figures show there are more than 1.5

Payroll 59

Payroll Research Process Economy 59

The Finance Weekly

DECEMBER 12, 2023

Professionals, researchers, and enthusiasts must keep informed about the ,, latest AI news , especially in finance. It shares news and best practices, covering topics like AI technology advancements, its impact on financial tasks, and its use in areas like fraud detection, customer service, and investment management.

AI 130

AI Finance Cybersecurity Fraud Detection 130

The Fintech Times

JANUARY 23, 2025

“Sustainable finance is one of the first topics of conversation in most financing deals today making digital solutions that automate processes and provide real-time ESG data essential, not only in supporting risk and return decisions and compliance, but in enhancing long-term financial performance and sustainability.

FinTech 64

FinTech Financial Literacy Cross-Border Online and Mobile Banking 64

The Fintech Times

MARCH 28, 2025

By automating controls that reduce payment delays, minimising manual reconciliation work and enhancing overall compliance, TreviPay is enabling its business clients to configure and enforce customised B2B purchase policy structures that align with their procurement requirements.

B2B 64

B2B Reconciliation Duplicate Compromise 64

The Payments Association

NOVEMBER 18, 2024

While business leaders may not all agree with the Chancellor’s remedy for fixing the economy, the diagnosis of the underlying problem is clear: the lack of investment—especially in digital technology—is holding back UK businesses. Market behaviour and consumer expectations have shifted, and their attitudes must change.

Technology 88

Technology Multi-Currency Economy Real Time Payments 88

Finovate

JANUARY 28, 2025

The acquisition will make IFS’s end-to-end lease and loan origination and management automation platform, IFSLeaseWorks, available to more organizations and institutions. Integrated Financial Solutions is the provider of IFSLeaseWorks , an end-to-end lease and loan origination and management automation platform. is growing.

Acquirers 52

Acquirers Fraud Detection Origination Automation 52

The Fintech Times

DECEMBER 9, 2024

“Implementing comprehensive risk management strategies and diversifying technological dependencies are essential steps to mitigate the impact of unforeseen incidents, thereby maintaining the stability and reliability of payment systems. ” Unattended retail and smart building technologies are gaining traction.

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

The Fintech Times

MAY 29, 2025

Financial services organisations see AI as the key to increasing competitiveness and improving customer experience, but face barriers around data management and skills, according to new research from agentic automation company SS&C Blue Prism.

AI 45

AI Money Laundering Automation Process 45

Fintech Finance

MAY 1, 2025

This makes QNB the first bank in Qatar to use KDP’s blockchain deposits accounts for 24/7 settlement of their corporate flows, facilitating and automating on-demand multi-currency cross-border payments. We’ve successfully piloted U.S. Since inception , over $1.5 Notably, Kinexys Digital Payments has integrated with J.P.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Settlement Blockchain 69

The Fintech Times

FEBRUARY 26, 2025

While AI remains the hottest topic in fintech, it seems as though every single firm in the sector is currently experimenting with how they can make strides in development using the emerging technology. The technology will help automate data entry, reconciliation and financial reporting, freeing up time for strategic priorities.

AI 78

AI FinTech Financial Literacy End User 78

Fintech Finance

MARCH 18, 2025

According to research undertaken by Sollers Consulting and Ipsos, 63% of UK customers consider a quick claims handling process as one of their top expectations from their insurer. Instead of waiting weeks for reimbursements, customers can now get instant access to funds right when they need them.

Payment Solutions 59

Payment Solutions Product Reconciliation Payments 59