Even before the pandemic hit, sectors like retail, gaming or e-healthcare moved quickly to embrace the speed, convenience and experience of digital services – led by technology pioneers like Amazon or Google. Despite the availability of online tools and support via apps or chatbots, traditional banks and financial institutions have traditionally encouraged consumers to visit
The Twitter vs. Elon Musk issue should serve as a lesson to any company built on user numbers: quantity does not equate to quality. Banks and FinTechs must now switch from a growth-focused strategy to one that caters to the demands of its key demographics and fosters loyalty in order to become profitable, powerful, and
The international bank, HSBC has conducted the first Blockchain transaction for the Middle East Automotive Industry. The transaction was facilitated by the Blockchain platform, Contour, between the Chinese carmaker SAIC Motor and Taajeer Group, the authorized dealer of MG cars in Saudi Arabia. “The firm’s digitizing at scale implies making customers’ lives easier. With Contour,
November 9, 2022 | 2:00pm ET - 3:00pm ET
November 9, 2022 | 2:00pm ET – 3:00pm ET Paying the bills is a constant concern for every business, but it doesn’t have to be a headache. Automation can remove stress from your accounts payable (AP) processes by helping you reduce errors and accelerate your financial close. There are more options than ever before to use automation to streamline
September 27, 2022 | 11:00am ET - 12:00pm ET
September 27, 2022 | 11:00am ET – 12:00pm ET In this webinar you will hear from Ken Suchoski, Payments and Fintech Equity Research Analyst for Autonomous Research. Ken makes it his business to follow public and private companies providing AP, AR, and B2B payments solutions and will assist us in teasing apart this complex, confusing,
Daily interactions and corporate transactions are being transformed by digitalization, and global financial services will continue to be impacted by developments in banking technology. The whole banking sector is changing due to millennials and Gen Zers’ growing need for a digital banking experience. Technology has a hand in almost every part of the banking sector,
Goldman Sachs cut its forecast for 2023 U.S. Gross Domestic Product as it projects a more aggressive Federal Reserve tightening policy through the rest of this year, and sees that pushing the jobless rate higher than it previously projected. Goldman Sachs had earlier posted a forecast of 1.5% growth in GDP of the United States.
The European Central Bank (ECB) has selected CaixaBank and four other organizations to collaborate in the development of a prototype of a digital euro. The institution launched a call with the aim of selecting entities to develop technology projects associated with the creation of the European digital currency. CaixaBank, is the only European bank selected
Insurance products cover all facets of life, including your financial situation. Any business that deals with cash or cash equivalents such bank draughts, treasury notes, checks, postal orders, and money orders should consider purchasing a money insurance package. It offers protection against financial loss brought on by occurrences like theft, robbery, and break-ins. Money insurance
AIG Inc’s life insurance and retirement division Corebridge Financial Inc (CRBG.N) raised $1.68 billion on Wednesday in the biggest initial public offering (IPO) so far this year, braving market volatility and ending a seven-month lull in major listings. AIG said it sold 80 million Corebridge shares at $21 per share, which was at the lower end of
Payhawk, the spend management solution with a presence across the UK and Europe, has officially launched in the US. The unicorn has opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and the US. The US launch is a key part of Payhawk’s
Commonwealth Bank (CBA) has become the first major Australian bank to enable PayTo payments for CBA customers – a new digital way to authorize payments from a CBA bank account, and the latest initiative from New Payments Platform Australia (NPPA). Eligible CBA clients will be able to manage one-time or recurring new PayTo payment agreements
