Tag : Digitalization

Cognite Secures $150 Million Investment from TCV to Accelerate Digitalization of Global Industries
Digital Investments News

Cognite Secures $150 Million Investment from TCV to Accelerate Digitalization of Global Industries

FTS News Desk
Cognite becomes unicorn as funding round raises Cognite’s valuation to $1.6 billion, backing is one of the largest private investment rounds for a SaaS company in Europe Cognite, a global leader in industrial software innovation, announced that it has signed an investment round of $150M with leading global growth equity......
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Digital Finance Fintech News

African Trade Finance Sees $5 Billion In Portfolio Outflows In Q1 2020 Due To Covid-19, But Opportunities Exist – Report

FTS News Desk
The survey was conducted by African Export-Import Bank, jointly with the UN Economic Commission for Africa and the African Development Bank-hosted Making Finance Work for Africa Partnership Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of......
AI Legal Assistants are Bringing Law Into 21st Century Fintech Startup Payer Selected By Returpack To Digitise Payouts In National Recycling Scheme
Digital Digital Payments Fintech News

Fintech Startup Payer Selected By Returpack To Digitise Payouts In National Recycling Scheme

FTS News Desk
Returpack is the company that facilitates over 2 Billion deposits of recyclable PET bottles and cans in Sweden through a network of reverse vending machines. The fintech startup Payer was chosen to develop a new and innovative IoT technology with the ambition to create an easy digital payout experience for consumers. The......
Finastra Integrates Enigio Solution With Fusion Trade Innovation To Make Paperless Trade Finance A Reality
Digital Finance Fintech News

Finastra Integrates Enigio Solution With Fusion Trade Innovation To Make Paperless Trade Finance A Reality

FTS News Desk
More than 90% cost savings could be possible from using distributed ledger technology to handle authoritative digital original documents Finastra announced the integration of its Fusion Trade Innovation and Enigio’s trace:original to create a solution for managing and handling digital original documents using distributed ledger technology. The resulting app removes the need for......
CEC Bank Accelerates Digitalization Using Low-Code Platform From Aurachain
Banking Business Fintech News

CEC Bank Accelerates Digitalization Using Low-Code Platform From Aurachain

FTS News Desk
CEC Bank accelerates digitalization and modernization. CEC Bank will use low-code platform developed by Aurachain to automatize part of the bank activities, in a fast and cost efficient manner. Read More: Atreyu Announces The FLIRT API: Connecting Co-located And Cloud Based Trading Applications To The US Trading Markets Low-code technology allows the development of......
Paysend-resolves-97--of-support-queries-within-24-hours-during-pandemic
Business Fintech News

Paysend Resolves 97% Of Support Queries Within 24 Hours During Pandemic

FTS News Desk
As the world continues its race towards total digitalization, embracing customer feedback is essential to ensure positive engagement, and to improve services by fine-tuning them to customer preferences. UK-based global FinTech firm Paysend reports that 97% of issues raised with its customer service team are resolved within 24 hours, despite additional pressure......
B2C Business Fintech News Trading

Huhtamaki Selects OneStream Software to Modernize Finance Operations

FTS News Desk
Finland-Based Company begins a global implementation of OneStream XF Cloud CPM Platform Huhtamaki, a global leader in sustainable food-on-the-go and food-on-the-shelf packaging solutions, has selected OneStream Software to meet its financial consolidation and reporting needs. Headquartered in Finland, Huhtamaki will be replacing Oracle Hyperion Financial Management (HFM) with the unified......
AC Milan to Join Sports Crypto Movement with Launch of $ACM Fan Token
Banking Fintech News

Cloud Readiness: Banking Technology in Transition. SDS IREG Successfully Deployed

FTS News Desk
The financial industry and its associated service providers are now increasingly facing the obstacles and challenges posed by modern cloudification and are responding to market trends in a positive way. This includes SDS with SDS IREG and its cloud readiness which enables existing international customers as well as new customers......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Fintech News

Mphasis Digital Risk Leverages Mendix Low-Code Platform to Drive Fast, Effective Digitalization for the Financial Services Industry

FTS News Desk
$1.7 trillion in secondary mortgage loans processed through Mendix-built applications One developer using Mendix does the work of four developers working in .NET Citizen developers emerge as a powerful force to get internal apps built  Mendix, a Siemens business and the global leader in enterprise low-code, today announced that Mphasis......