Tagged: automation

August 15, 2022 @ 9:53 am By Omar Faridi  |  

Avivatech, LLC, a software business specializing in cash and check software automation solutions in branch banking and retail payment environments, has introduced its check product suite of solutions, “comprising of Avivatech’s Vault and QDS Capture solutions.” These solutions work to “provide financial institutions a fully… Read More

August 12, 2022 @ 11:36 am By Omar Faridi  |  

Trovata, which automates cash reporting and forecasting via wholesale (and was set for the UK, and EU launch after a $27 million round in June 2022), recently announced the appointment of Lisa Gutu as VP of Business Development and Vladimir Pintea as VP of Open… Read More

August 11, 2022 @ 11:36 am By Omar Faridi  |  

Appital, the Equity Capital Marketplace, announced it has “secured an additional £1.7 million investment from Frontline Ventures and various angel investors to bring technological innovation and automation to equity markets.” The investment “follows last year’s £2.5m round led by Frontline Ventures and additional funding from… Read More

July 29, 2022 @ 2:29 pm By Omar Faridi  |  

Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, has released a number of platform enhancements “to help lenders further automate loan decisioning to save time, minimize manual work, standardize processes, and improve underwriting performance.” The company “sees particular… Read More

July 28, 2022 @ 9:41 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced its subsidiary, The Depository Trust Company (DTC), has “connected its automated ClaimConnect solution to the claims processing platform offered by financial software provider Kingfield Corporation.” The partnership… Read More

July 27, 2022 @ 10:17 pm By Omar Faridi  |  

BBVA has implemented a comprehensive cloud-based solution that “simplifies the process of sending and validating information, providing carbon footprint indicators and emission reduction tracking figures.” It is a platform that will “enable active, data-driven management of its sustainability policies.” Sustainability is one of the transforming… Read More

July 23, 2022 @ 7:13 am By Omar Faridi  |  

Investing in tech to optimize data and modernize data management are the “top priorities” for financial services firms according to research by Fintech Broadridge Financial Solutions, Inc. (NYSE:BR). The research was “compiled from a survey of 200 financial services professionals, conducted at the recent SIFMA… Read More

July 22, 2022 @ 11:02 am By Omar Faridi  |  

Sommelier, the automated DeFi portfolio management platform, announced the launch of the first Cellar, or “community-governed,” dynamic investment strategy vehicle, on the platform. This Cellar is “active on Aave and leverages machine learning to dynamically move assets between several stablecoin lending positions.” Users need “only… Read More

July 20, 2022 @ 8:51 pm By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a referral partnership with Member Driven Technologies (MDT), a credit union service organization. MDT hosts the Episys® core platform from Symitar®… Read More

July 7, 2022 @ 4:47 pm By Omar Faridi  |  

FNB Community Bank and Teslar Software announced their partnership “to streamline and automate lending processes.” The community bank is leveraging Teslar’s tracking and loan management software “to save time and increase operational efficiencies, freeing lenders to focus on the borrower experience.” Bill Croak, president and… Read More

July 3, 2022 @ 5:09 pm By Omar Faridi  |  

Derivative Path, a provider of capital markets tech and derivatives execution services to regional and community banks, announced it is working with Goldman Sachs Transaction Banking (TxB) to offer “an automated, digital-first payments platform to help financial institutions with spot foreign exchange and international payments.”… Read More

June 27, 2022 @ 7:51 am By Omar Faridi  |  

Mission Lane, a “purpose-driven” financial technology company, recently launched a series of product enhancements for its Earn app “to help people grow and optimize their income through a gig work discovery engine and an automated income tracker.” Mission Lane aims to “provide high-quality, transparent, and… Read More

June 21, 2022 @ 2:17 pm By Omar Faridi  |  

Kofax, a supplier of Intelligent Automation software for digital workflow transformation, recently announced it has acquired Tungsten Corporation, a global B2B e-invoicing network that “facilitates and streamlines complex invoice-to-pay processes.” Tungsten provides a platform “for onboarding of suppliers, PO exchange, invoice processing, e-invoicing, compliance and… Read More

June 16, 2022 @ 4:32 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, revealed that its subsidiary, The Depository Trust Company (DTC), successfully “processed the U.S. market’s first-ever, fully-automated voluntary reorganization ISO 20022 instruction as part of its newly automated Voluntary… Read More

June 9, 2022 @ 10:47 pm By Omar Faridi  |  

Tipalti, the global payables solution, recently announced Bill Talk and Bill Docs, two new enhancements to its accounts payable automation solution, which will “further modernize the invoice approval process.” The innovations make it “effortless” for buyers and approvers “to collaborate, while improving audit readiness and… Read More

June 2, 2022 @ 2:37 pm By Omar Faridi  |  

JAGGAER, the international “leader” in Autonomous Commerce, recently announced a relationship with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation firm. Suppliers can now “reduce manual work and lower administration cost by automating the process of sending out invoices within or outside of JAGGAER’s network… Read More

May 26, 2022 @ 12:27 pm By Omar Faridi  |  

Paddle, the complete payments infrastructure for SaaS companies, announced that it has acquired ProfitWell, the provider of subscription metrics and retention automation software. The deal – valued at more than $200 million in cash and equity – is “the next step in Paddle’s mission to… Read More

May 25, 2022 @ 10:26 am By Omar Faridi  |  

Onfido, the digital identity verification and authentication provider, has announced the expansion of its Real Identity Platform, “improving fraud accuracy by 54% and fully automated performance by 12x.” The platform “simplifies identity for everyone.” Now customers can “reduce the complexity of sourcing and managing multiple… Read More

May 24, 2022 @ 11:07 pm By Omar Faridi  |  

Wells Fargo Wealth & Investment Management (WIM) recently announced the relaunch of Intuitive Investor, its digitally automated investing platform. Investors can now “access the robo-advisory platform with only a minimum $500 investment.” Michelle Moore, head of Digital for Consumer and WIM at Wells Fargo, said:… Read More

May 13, 2022 @ 2:53 pm By Omar Faridi  |  

Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments provider, recently announced that PepsiCo has now deployed its automated Credit Application solution “to support the distribution of HARD MTN DEW, a new Mountain Dew-branded alcoholic beverage.” For the distribution, Blue Cloud Distribution, Inc…. Read More