Did you know that, according to recent research, more than 60% of firms are either contemplating using Bitcoin as a means of payment or have already started doing so? Additionally, according to a different poll, 22% of small and medium-sized enterprises want to start adopting Bitcoin in the coming year. With figures like these, it’s
Automation in accounting is nothing new, despite the fact that it seems to be progressing more quickly these days. Although most of us don’t remember them, large paper ledgers and manual entries used to be the standard method of conducting business. Nowadays, we frequently enter a few figures and receive precise reports that flawlessly detail
HSBC UK has rolled out sweeping variable recurring payments (VRP) to all its personal and business customers who use open banking services. Businesses and customers can utilize VRP to make recurring payments of different quantities without having to re-authenticate for each one. The Competition and Markets Authority has instructed the top UK banks to implement VRP.
What is Conversational AI? Conversational AI is the use of Machine Learning (ML) to allow humans to engage organically with devices, machines, and computers through the use of their own speech. As a speaker speaks, the device uses its own natural-sounding speech to understand and find the optimal answer. Customers can communicate with their bank
Atlantic Money announced that its users in the UK can now transfer from euro to nine currencies worldwide for just €3. This means in addition to international transfers from the British pound; customers can also transfer euros for a flat fee of €3 and always at the live exchange rate, all the way up to
Late payments from customers are a frustrating obstacle to managing your business’s cash flow. Read our guide to the steps you can take to deal with overdue invoices. Any business owner will tell you that they have experienced late payment of an invoice at some point. According to the Federation of Small Businesses, one-third of
September 12-15, 2022 | Las Vegas
September 12-15, 2022 | Las Vegas The conference brings together finance, accounting, ESG, and compliance professionals. Join us in person or virtually to deep dive into finance, audit, ESG, accounting, and more. Read More
WebBank announced an agreement with American Express to become a card issuer and participant in the American Express network. WebBank will be able to issue credit cards and payment solutions with American Express perks as a result of the agreement. WebBank was chosen by American Express as one of its primary issuing banks focused on the fintech industry.
Over the last five years, the discipline of fraud prevention has transformed considerably and continues to evolve swiftly. As a result, prior realities regarding fraud prevention are increasingly becoming myths. Legacy suppliers spread these beliefs in order to stay relevant, but industry leaders recognize the difference and are moving forward. The first widespread misconception we’ll
How to Manage Your Money Wisely? An Overview Money management is a life skill that will assist you in reaching your financial objectives. No matter how much money you make, if you don’t know how to handle it, you won’t be able to build wealth in the long run. To attain your financial objectives, you
“According to what I understand, a home buyer who makes a 20% down payment is exempt from having to get mortgage insurance. I paid a 20% down payment of $48,000 for a $240,000 home, but I was informed that I must acquire mortgage insurance since I chose to finance $6,000 in closing expenses, making the
