Sun.Jul 14, 2024

article thumbnail

What is Long Range Planning and How Can it Help Your Growth?

The Finance Weekly

Are you planning for a Saturday night? Welp, that’s kind of short-ranged! How about, planning to buy a house in the next five years? Or a farm in the next 10 years! That’s exactly how Long-range Planning (LRP) works – not only for individuals but for businesses as well. Long range planning extends beyond conventional budgeting, planning, and forecasting processes which usually span a year, and concentrates mainly on financial goals and key initiatives that are 5-10 years or more into the future.

Process 264
article thumbnail

Ant International and BNP Paribas Partner to Enhance Cross-Border Payments in Europe

Fintech News

Ant International and BNP Paribas have entered a strategic partnership to enhance cross-border payment solutions for European merchants and consumers. The partnership was formalised through a Memorandum of Understanding signed in Zurich by Douglas Feagin, President of Ant International, and Pierre Fersztand, Global Head of Cash Management, Payments, Trade Solutions, and Factoring at BNP Paribas.

article thumbnail

What is Long Range Planning and How Can it Help Your Growth?

The Finance Weekly

Are you planning for a Saturday night? Welp, that’s kind of short-ranged! How about, planning to buy a house in the next five years? Or a farm in the next 10 years! That’s exactly how Long-range Planning (LRP)works – not only for individuals but for businesses as well. It extends beyond conventional budgeting, planning, and forecasting processes which usually span a year, and concentrates mainly on financial goals and key initiatives that are 5-10 years or more into the future.

Process 130
article thumbnail

Temasek-backed Partior Ledger Expands Following US$60M+ Series B Investment

Fintech News

Partior, a fintech known for its global unified ledger based interbank rails for real-time clearing and settlement, has announced the first close of an over US$60 million Series B funding round led by Peak XV Partners, with participation from Valor Capital Group and Jump Trading Group as new investors. Existing shareholders J.P. Morgan, Standard Chartered, and Temasek continue to support the company, alongside founding shareholders DBS, J.P.

article thumbnail

Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

article thumbnail

OpenPayd Enables Clients in Brazil to Use Pix Creating a More Agile Payments Experience

The Fintech Times

Around 75 per cent of Brazil’s population use Pix Pay, with 15 million companies offering the payment service as an option at checkout. It is by far and away, the most popular local payment method and as such, OpenPayd , the embedded finance infrastructure provider, is enabling its clients to send and receive payments via Pix. Since launching in 2020, around two-thirds of the Brazilian population has used Pix to make and receive payments.

article thumbnail

AIA Singapore Appoints Afees Ashroff as New CTO

Fintech News

AIA Singapore announces the immediate appointment of Afees Ashroff as its new Chief Technology Officer (CTO). He will report to Wong Sze Keed, AIA Singapore’s Chief Executive Officer. Wong Sze Keed “I am delighted to welcome Afees to the leadership team as Chief Technology Officer. I am confident that Afees will be a strong addition to my management team and will continue to drive AIA Singapore’s digitalisation agenda across our organisation to deliver the best service experien

More Trending

article thumbnail

Open Banking Ticks All the Payment Preferences, so Why Isn’t it Seeing More Use?

The Fintech Times

What do consumers want and value the most when paying? Security (60 per cent), privacy (41 per cent), speed (38 per cent) and efficiency (34 per cent). While some offerings may favour one of these factors over another, open banking tailors to all of them. Nonetheless, a lack of education means people are reluctant to use it. emerchantpay , the global paytech surveyed 2,000 UK consumers to find out about consumer payment preferences and what they value.

Privacy 69
article thumbnail

AP Automation: 10 Best Invoice Management Software Compared

Nanonets

IInvoice management software is transforming financial processes for businesses in 2024. If you're looking to streamline your invoicing, you're making a smart move that could save your company time and money. Many businesses face challenges with invoice processing —from data entry errors to delayed payments. These issues can impact cash flow and overall efficiency.

article thumbnail

Medius: Are Finance Professionals Preparing for a Mass Exodus From the Sector?

The Fintech Times

Almost three-quarters of finance professionals in the UK are hoping to escape the sector, and are looking for a job elsewhere, as many say the profession has failed to keep pace with changing expectations. New research by Medius , an AP automation and global payment software provider, reveals a worrying trend for finance business leaders regarding talent recruitment and retention.

Finance 59
article thumbnail

Assessing Line of Credit Applications: Best Practices for Lenders

Finezza

Today, a growing number of consumers require funds for personal, or business reasons. The funds may be used for a home renovation, expenses after a job lay-off, or to fund business operations. The value of funds can vary. Typically, such borrowers apply for a line of credit, which allows them to get access to funds […] The post Assessing Line of Credit Applications: Best Practices for Lenders appeared first on Finezza Blog.

article thumbnail

From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

article thumbnail

HODL: What It Means and Why It’s Important in Cryptocurrency

CoinRemitter

2013 was possibly the most interesting year for the cryptocurrency market, especially for Bitcoin. Many market experts considered it the “year of Bitcoin”. The reason is that Bitcoin saw a huge price rise from $15 in January to $1100 in early December. However, a very interesting thing happened. One investor who got so taken aback by the volatility of the market misspelled the word “HOLD” instead of “HODL” and who would’ve thought that this misspelling would turn out to become an investment stra