Search Results for: operational costs

A Purpose-Driven Banking For The Post Pandemic World
Banking Guest Posts

A Purpose-Driven Banking For The Post Pandemic World

Sanat Rao
The COVID-19 pandemic has made a profound impact on people and industry worldwide. In the case of banks, in addition to managing their own businesses, banks have had to assume a social responsibility to help customers and communities get through the crisis. Be it transmitting massive government relief packages, deferring......
Prosus Posts Its Strongest Financial Performance to Date
Investments News Trading

Prosus Posts Its Strongest Financial Performance to Date

Fintech News Desk
Prosus N.V. full year results confirm revenues and trading profit at record levels in the group’s entire history, as well as strong progress on strategy “Our Board is immensely proud of what our people achieved during the past year. They managed the pandemic, delivered powerful revenue growth, and lifted profitability.......
Paul J. Bailo, President of OrangeShine, Discusses the Role of B2B Marketplaces in Driving Global E-Commerce Growth
B2B E-commerce News

Paul J. Bailo, President of OrangeShine, Discusses the Role of B2B Marketplaces in Driving Global E-Commerce Growth

Fintech News Desk
The consumer shift to online shopping has been a fact of commerce for nearly a decade now: e-commerce sales rose from $1.3 trillion in 2014 to just under $4.3 trillion in 2020, with a forecast close to $6.4 trillion in 2024. Despite the ongoing digitization in the enterprise world, B2B (business-to-business) transactions have been slower in transitioning......
KeyBank Goes Live With SmartStream’s Cloud Collateral Management Solution
Banking Cloud News

KeyBank Goes Live With SmartStream’s Cloud Collateral Management Solution

Fintech News Desk
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, announces KeyBank N.A. goes live with its TLM Collateral Management (formerly Algorithmics/IBM Collateral) OnDemand solution – offering coverage for cleared and non-cleared, over the-counter (OTC) derivatives, repo and securities lending margining. “Moving to the cloud enabled us to further improve......
2021 Amazon Business B2B E-commerce in Evolution Report Highlights Gaps, Opportunities in E-Procurement Process
B2B E-commerce News

2021 Amazon Business B2B E-commerce in Evolution Report Highlights Gaps, Opportunities in E-Procurement Process

Fintech News Desk
Inaugural study reveals B2B e-procurement opportunities following a year of immense transformation, including government, education, healthcare, and commercial industry buyers’ increased focus on social and environmental issues Amazon Business released the first 2021 B2B E-commerce in Evolution Report, which shares B2B trends and new insights from U.S. procurement professionals across......
Flywire Expands Education Business in Canada
Digital Payments Finance Fintech News

Flywire Expands Education Business in Canada

Fintech News Desk
With Flywire, Canadian institutions can offer students both international and domestic payment options to help address education affordability Flywire Corporation  a global payments-enablement and software company, announced the expansion of its digital education payments business in Canada. In response to client demand, Flywire is expanding the comprehensive receivables solution it......
Global Spend on Financial Crime Compliance at Financial Institutions Reaches $213.9 Billion USD According to LexisNexis Risk Solutions Study
Finance Fintech Investments News

Global Spend on Financial Crime Compliance at Financial Institutions Reaches $213.9 Billion USD According to LexisNexis Risk Solutions Study

Fintech News Desk
Survey of Global Financial Crime Compliance Professionals Indicates Increase of More Than $33 Billion Year-Over-Year LexisNexis® Risk Solutions released its annual True Cost of Financial Crime Compliance Global Report. The results derived from the comprehensive survey of 1,015 financial crime compliance decision makers at financial institutions including banks as well......
Virtual Procurement Services
Finance Fintech News

Virtual Procurement Services Responds to Unprecedented Demand for Its Service by Creating Three Focused Divisions

Fintech News Desk
Virtual Procurement Services, the leading pricing analytics company in procurement, has seen a surge in demand for improved efficiency in procurement spend across more than just technology purchases. When the company was founded, it had a focus on supporting clients domestically and internationally to recover or reduce technology spend. Over......
Near-Record Revenues in 2020 Provide Opportunity for Investment Banks to Restructure and Enhance the Client Experience, According to Accenture Report
Finance Fintech Investments News

Near-Record Revenues in 2020 Provide Opportunity for Investment Banks to Restructure and Enhance the Client Experience, According to Accenture Report

Fintech News Desk
Pandemic-driven rebound could help capital markets industry accelerate technology investments to protect against disruption With near-record revenue levels in 2020 for investment banks (sell-side) and strong assets under management (AUM) growth for wealth and asset managers (buy-side), the capital markets industry faces a critical opportunity to accelerate technology investments to......
WEX Completes Acquisition of benefitexpress
Cloud Fintech News

WEX Completes Acquisition of benefitexpress

Fintech News Desk
WEX, a leading financial technology service provider, today announced that it has completed the acquisition of benefitexpress, a leading provider of highly configurable, cloud-based benefits administration technologies and services. WEX previously announced its entry into a definitive agreement to acquire benefitexpress on April 14, 2021. WEX expects the acquisition to......
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