Tagged: microsoft

Higher-for-Longer Interest Rate Narrative Became “Louder” as Bank of England Might Not Be Quick to Cut Rates – Analysis

A market report has highlighted some key developments from the past week, including the following updates: Bank of England’s chief economist highlights challenge ahead for policymakers Hotter-than-expected US inflation leads to mixed trading ahead of bank results Microsoft takeover of Activision approved by regulator Middle… Read More

Monica Eaton of Chargebacks911: Fintech Exec Explains Why Banks Embrace Open Banking, Data Analytics for Trade Finance Operations

We recently sat down with Monica Eaton from Chargebacks911 to gain more insights regarding the partnership between Finastra and Microsoft and how it addresses the requirements of corporate clients. Eaton, founder and CEO at Chargebacks911, also commented on how the collaboration addresses the challenges banks face… Read More

Paris based Mistral AI Introduces Generative Artificial Intelligence Model to Compete with OpenAI

France-based Mistral AI recently revealed its first generative artificial intelligence (AI) model in order to compete with US rivals in AI (which includes Meta Platforms Inc. and Microsoft Corportation-supported OpenAI). The Paris-headquartered firm is introducing a small-scale language model with around 7 billion parameters which… Read More

Real-Time Payments Technology: ACI Worldwide, Microsoft to Support Instant Transfers

ACI Worldwide (NASDAQ: ACIW), a global firm focused on mission-critical, real-time payments software, announced a collaboration with Microsoft in order “to help financial institutions and technical services enable instant payments transactions faster through ACI’s Real-Time Payments Cloud (RTPC) platform.” Hosted in the Microsoft Azure environment,… Read More

Trade Ledger Introduces Bank Solution with Microsoft Azure OpenAI Service

Trade Ledger announces it will launch a new solution integrating Microsoft Azure OpenAI Service designed exclusively for Business Owners, CFOs and Financial Directors in small and medium-sized businesses (SMBs). SMBs often don’t have the resources or in-house expertise “to access and understand information to optimize… Read More

Earnix, provider of SaaS solutions for global insurers and banks, names new CTO

Earnix, a provider of intelligent SaaS solutions for insurers and banks worldwide, announced the appointment of seasoned technology expert Erez Barak as its Chief Technology Officer (CTO) effective from September 10. With a rich career spanning over 22 years, including significant leadership roles at tech… Read More

BNPL: Microsoft Extends Partnership with PayPal to Provide Flexible Payment Options

PayPal Holdings, Inc. (NASDAQ: PYPL) and Microsoft Corp. (Nasdaq: MSFT), recently announced Microsoft’s integration of PayPal’s Pay Later solution in the U.S., U.K., Australia, Germany, France, Spain, and Italy. In addition, customers in the U.S. will soon “have the option to pay with Venmo in… Read More

SBE Council Welcomes Defeat of FTCs Attempt to Block Microsoft’s Acquisition of Activision

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement on the court’s decision to rule against the Federal Trade Commission’s (FTC) attempt to block the merger of Microsoft’s acquisition of Activision-Blizzard. In brief, the Judge, Jacqueline Scott Corley, found that the FTC… Read More

MENA Region’s Emirates NBD to Enhance Business Operations with Generative AI

Emirates NBD, a banking group in the MENA region and Turkey, has announced a transformation focused on harnessing the power of generative AI to change Emirates NBD’s operations and enhance productivity across various business functions supported by Microsoft. This collaboration aims “to unlock new opportunities… Read More

Insurtech: Singlife, Microsoft to Tap Power of AI for Insurance Startups in Singapore

Singlife recently signed a Memorandum of Understanding with Microsoft (NASDAQ: MSFT) to support high-growth insurance startups to adopt generative artificial intelligence (AI). Singlife is the first financial services partner “to collaborate with Microsoft for the Startups Programme in ASEAN for budding insurtech startups to scale… Read More

AI-Focused VC Activity Surged During Q1 based on OpenAI’s Unconventional Corporate Investment from Microsoft: Pitchbook Report

VC activity ticked up in Q1 based on OpenAI’s unconventional corporate investment from Microsoft, according to an update from Pitchbook. Pitchbook has reportedly tracked $22.7 billion in investment during the quarter, “including $12.7 billion from generative AI investments including OpenAI.” If OpenAI’s deal is excluded,… Read More

Microsoft UK Appoints Theo Michalopoulos as GM, Financial Services

Microsoft (NASDAQ: MSFT) has reportedly appointed Theo Michalopoulos as General Manager, Financial Services for the United Kingdom. In his role, Theo will be responsible for leading “the Financial Services industry for the UK across banking, capital markets and insurance.” Theo will be joining the Microsoft… Read More

Fintech Payhawk becomes Official Microsoft Partner

ERP integrations are vital for organizations of any size, and they’re especially important for businesses that “have grown beyond a certain point in terms of complexity and scale.” Payhawk has recently “become an official Microsoft partner in order to bring you two direct ERP integrations:… Read More

Unqork’s Codeless as a Service Platform Now Available on Microsoft Azure Marketplace

Unqork, the Codeless as a Service platform, announced the availability of the Unqork platform on the Microsoft Azure Marketplace, which offers IT software applications and services built by technology companies, optimized to run on Azure. Unqork enables customers “to democratize technology and free themselves from… Read More

Fintech GoCardless, Bluefort to Enable Bank Payments for Microsoft Dynamics 365

GoCardless, a global firm focused on direct bank payments, has partnered with Bluefort, an independent software vendor and Microsoft solutions partner, in order “to offer a simple way for businesses to manage their billing, payments and accounting directly within Dynamics 365.” The newly launched GoCardless… Read More

SkySparc Implements OmniFi Solution for German Energy Firm Uniper on a Software-as-a-Service Basis via Microsoft Azure

SkySparc, an independent solutions provider, has implemented its OmniFi solution for German energy company Uniper on a software-as-a-service (SaaS) basis, via Microsoft Azure. Under this new outsourced service model, SkySparc reportedly “provides clients with all aspects of OmniFi’s functionality and maintenance remotely via the cloud,… Read More

Fintech Stripe, Microsoft Launch Teams Payments

Microsoft (NASDAQ: MSFT) and Stripe are launching a new feature on Microsoft Teams that will empower companies “to unlock new revenue streams and grow their business – all with the simple touch of a button.” Introducing Teams Payments, a solution that “enables meeting hosts to… Read More

Space and Time and Microsoft Make Blockchain Data Accessible via Azure Marketplace

Space and Time and Microsoft (NASDAQ: MSFT) announce that developers can now “deploy the Space and Time data warehouse directly from the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.” The one-click deployment provides customers “with an accelerated on-ramp… Read More

Accounts Payable Automation Fintech Paymerang Acquires KwikTag, Sypht

Paymerang, LLC, an innovator in accounts payable automation, announced the asset acquisition of KwikTag, an invoice automation provider for Microsoft Dynamics ERP systems, and the share acquisition of Sypht, an Australia-based AI data platform. The acquisition was completed on April 3, 2023. This is the… Read More

Artificial Intelligence: Santander, Microsoft, Oxentia Foundation Launch AI Challenge

Banco Santander (NYSE: SAN) and Microsoft (NASDAQ: MSFT) are teaming up with Oxentia Foundation in order to launch a new global challenge for entrepreneurs from 11 countries. The challenge aims “to find innovative artificial intelligence solutions that will have a positive impact to address social… Read More

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