Tagged: sap

October 16, 2025 @ 8:17 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform for businesses, and SAP, one of the world’s enterprise software providers, have announced the go-live of the SAP Commerce Cloud, Open Payment Framework (OPF). This payment solution is designed to remove the need for manual payment integrations and… Read More

September 29, 2025 @ 9:03 am By Omar Faridi  |  

In an era where digital disruption is reshaping the financial services industry, core banking systems—the digital backbone of banks—stand at a critical juncture. A report from Juniper Research unveils a shift in how financial institutions are modernizing their infrastructure. Released amid escalating demands for agility,… Read More

May 21, 2025 @ 12:57 pm By Omar Faridi  |  

Through an expansion of their partnership, Accenture (NYSE: ACN) and SAP SE (NYSE: SAP) have launched ADVANCE. The two companies have worked together to create a pathway to the cloud for organizations pursuing growth with “annual revenue of up to $5 billion to help create… Read More

December 18, 2023 @ 10:09 am By Omar Faridi  |  

SAP SE (NYSE: SAP) announced today it has expanded its integration with financial services company, PayPal, through the creation of a digital payments plug-in for the PayPal Braintree platform built on SAP Business Technology Platform. SAP BTP brings together data and analytics, artificial intelligence, application… Read More

May 18, 2023 @ 4:24 am By Omar Faridi  |  

FloQast announced that the FloQast Accounting Operations Platform is now available on SAP Store, the online marketplace for SAP and partner offerings. FloQast integrates with SAP S/4HANA and SAP ERP ECC and “allows accounting teams to streamline processes such as reconciliations, documentation requests, and other… Read More

March 23, 2023 @ 4:08 pm By Omar Faridi  |  

SAP Fioneer, which claims to be a leading global provider of financial services software solutions and platforms, has announced the launch of “Fioneer Embedded Finance as a Service” (EFaaS), which is described as the world’s “first” B2B embedded finance platform facilitating orchestration between SAP users… Read More

March 16, 2023 @ 9:22 am By JD Alois  |  

Pointing at persistent inflation, the European Central Bank (ECB) has increased benchmark rates by 50 BPS. The Governing Council of the ECB said it decided to raise the three key interest rates by 50 basis points. Accordingly, the interest rate on the main refinancing operations… Read More

July 27, 2022 @ 8:27 am By Omar Faridi  |  

Santander Corporate and Investment Banking (Santander CIB) and SAP Spain reached an strategic partnership with the aim “to boost digitalization across Global Transaction Banking services by co-innovating in solutions around the concept of invisible banking, improving client-to-bank connectivity, providing financial tools to help its clients… Read More

May 10, 2022 @ 2:42 pm By Omar Faridi  |  

COMO, an international automated paytech, has chosen SAP Fioneer’s Cloud for Banking (C4B) application. This partnership will “allow COMO’s customers immediate access to rich core banking functionality, while enabling real-time payment transactions and reducing costs by up to 60% for corporates.” The C4B system and… Read More

January 28, 2022 @ 8:34 am By Omar Faridi  |  

SAP SE (NYSE: SAP) has announced its plan to acquire a majority stake of Taulia, a provider of working capital management solutions. As mentioned in the update, the move is aimed at giving firms improved access to liquidity and enhancing their cash flows. The acquisition… Read More

September 2, 2021 @ 12:48 pm By Omar Faridi  |  

First DAG, which has created global virtual payment platform as a service, reveals that Diem Association’s Technical Steering Committee (TSC) has appointed its CTO, Daniel Prinz, as an official Maintainer of the Diem blockchain, which is a distributed, programmable database developed to act as the… Read More

September 3, 2020 @ 9:31 pm By Omar Faridi  |  

San Francisco-based Fintech Brex, a company that says it’s “reimagining” financial systems for high-potential or growing businesses, has teamed up with SAP Concur so that Brex customers are able to automatically update and reconcile their corporate card expenses by using Concur Expense. Brex claims that… Read More

July 8, 2020 @ 10:54 am By Samantha Hurst  |  

Barclaycard announced on Tuesday it had extended its partnership with SAP to include payment gateway access. Barclaycard, which is part of Barclays Bank UK PLC, claims to be a leading global payment business that helps consumers, retailers and businesses to make and take payments flexibly,… Read More

March 9, 2020 @ 2:36 pm By Omar Faridi  |  

Standard Bank South Africa recently revealed that its migrating its core SAP cloud-powered platform to Microsoft Azure, in order to enhance customer experience and to be able to more effectively deploy new solutions. By teaming up with tech giant Microsoft, the financial institution hopes to… Read More

October 29, 2019 @ 1:22 am By Cali Haan  |  

Accenture (NYSE:ACN), SAP SE (NYSE:SAP) and R3 are working to build a real-time gross-settlement system to handle large payments between banks and other parties. In standard real-time gross settlement (RTGS) systems, electronic fund transfers are immediate. RTGS is often used for high-value transactions that must… Read More