Tag : COVID-19
Fintech Unicorn PingPong Payments: Fighting Fraud is a Never-Ending Battle
The global fintech market is expanding rapidly and expected to reach $460 billion by 2025[1], yet total fraud losses have reached a staggering $42 billion worldwide in the past two years alone[2] – cash taken straight from businesses’ bottom-line. This has been exacerbated by the pandemic, which while accelerating e-commerce and the growth of digital......
CFO Research Identifies That 72% of Finance Organizations Spend as Much as 520 Hours Per Year on Manual Accounts Payable Tasks
Censuswide, the global insight-driven research company, and Tipalti, the leading global payables automation platform, announced findings from a survey of over 250 CFOs at medium-to-large enterprises regarding the current state of automation in their finance departments amid the COVID-19 pandemic. The survey also examines how organizations plan to take advantage of......
Currency Volatility Costs Companies Nearly $12B in FX Losses, Concludes Kyriba’s Q1 2020 Currency Impact Report
Currency volatility has caused more than $12 billion in Q1 2020, according to the latest Kyriba Currency Impact Report (CIR), a comprehensive report from the global leader of cloud treasury and finance solutions, which details the impact of foreign exchange (FX) among 1,200 multinational companies based in North America and Europe. This......
DWS Survey Reveals Pandemic-Driven Changes Insurance Clients Made to Fixed Income Allocations
DWS, one of the world’s leading asset managers, today announced the findings of a joint survey with Greenwich Associates of its institutional insurance client base to better understand how COVID-19 might be influencing their investment strategies and asset class allocations. While the majority of insurance clients surveyed indicated that they......
MeetElise, Real Estate’s Leading A.I. Leasing Agent SaaS That Streamlines Communications for Over 250,000 Apartment Homes, Raises Series A Financing led by Navitas Capital
MeetElise, the leading artificial intelligence-powered leasing agent software that now streamlines leasing processes for over 250,000 multifamily communities nationwide, today announced their $6.5M Series A financing led by Navitas Capital. This investment brings the total amount of funding raised by MeetElise to $8.5M. MeetElise, founded by Minna Song (MIT) and......
ACI Worldwide and Arvato Financial Solutions Partner to Combat eCommerce Fraud
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced a strategic partnership with Arvato Financial Solutions to combat the rising levels of eCommerce fraud during the Covid-19 crisis. Read More: Thimble Launches Certificate Manager to Improve Oversight of Vendor Insurance Policies @ACI_Worldwide and Arvato Financial Solutions partner to......
Entrust Datacard Joins with Deluxe to Bring Leading Financial Instant Issuance Solutions to Customers
Instant issuance helps banks and credit unions deliver a customized and touchless experience while deepening customer relationships Entrust Datacard announced it has entered into an agreement with Deluxe, a Trusted Business Solutions™ company, to provide Deluxe customers access to a comprehensive portfolio of financial card instant issuance solutions. Under the......
Wells Fargo Pledges up to $20 Million to Support New York Economic Recovery Efforts
Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the New York Forward Loan Fund (NYFLF), an economic revitalization program across New York State. Initiated by New York Governor Andrew Cuomo, NYFLF is aimed at helping small businesses, nonprofits, and small landlords as they......
Sharecare Acquires WhiteHatAI to Provide Health Plan and Provider Clients With Additional Capabilities to Ensure Healthcare Payment Integrity
Sharecare, the digital health company that helps people manage all their health in one place, today announced its acquisition of WhiteHatAI, an innovator in artificial intelligence (AI) healthcare payment integrity applications. Named one of the 20 Most Promising Cognitive Solution Providers in 2019 by CIO Review, WhiteHatAI’s technology works in place of......