Versapay’s AI-powered cash application boosts efficiency by 69%, according to findings from its Total Economic Impact™ study. 📈 Dive into this article on Global FinTech Series to learn more about how this Ten Coves Capital PortCo is helping organizations streamline manual processes, reduce errors and significantly improve speed to cash. https://lnkd.in/gktFc62P #fintech #AI
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Personetics and Banco BPI Partner to Deliver Financial Management Insights and Tools for Small and Medium-Sized Businesses with Pulsoo App Read more: https://lnkd.in/eGihdws8 #partnership #ai #fintech #finance #FinancialIT
Personetics and Banco BPI Partner to Deliver Financial Management Insights and Tools for Small and Medium-Sized Businesses with Pulsoo App
financialit.net
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Embedded finance payments globally are expected to surpass 6 trillion euros by 2025. That’s according to the new Global Embedded Finance Market 2024 report, which explores how AI, collaboration, and data security are going to be key themes for the sector in the coming year. Read more about the future of embedded finance in FinTech Futures - https://lnkd.in/embZeH-5 #report #payments #embeddedfinance
Global Embedded Finance Market Report 2024: Data Security Emerges as a Top Concern in Europe in Embedded Finance
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AI is going to disrupt fintech in a big way. Spendesk’s Stephane BARANZELLI details the four ways AI can streamline finance processes and give businesses a competitive edge in the latest article from Finance Derivative. Read it here ⬇️
Unlocking the potential of AI to streamline your fintech business - Finance Derivative
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𝘝𝘪𝘤𝘦 𝘗𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵, 𝘌𝘔𝘌𝘈 𝘢𝘵 𝘌𝘬𝘢 𝘚𝘰𝘧𝘵𝘸𝘢𝘳𝘦 𝘚𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴 → 𝐀 𝐜𝐥𝐨𝐮𝐝 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐟𝐨𝐫 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐂𝐓𝐑𝐌 𝐭𝐡𝐚𝐭 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐬 𝐞𝐧𝐝-𝐭𝐨-𝐞𝐧𝐝 𝐩𝐫𝐨𝐜𝐞𝐬𝐬
“According to market analyses, the evolution of finance software is moving in several directions: 1. 🏧 Automation of financial processes, making them faster and less error-prone. 2. The transition to electronic invoicing is encouraged by regulatory constraints and represents a transformation opportunity for organizations. 3. 👨💼 Corporate social responsibility (CSR) software increasingly integrates these criteria into its functionalities. 4. The valuation and 💲 financial governance of financial data are becoming crucial for strategic decisions. 5. 🌐Emerging technologies such as artificial intelligence (AI) and Big Data analysis to improve fraud detection, service personalization and risk management. 6. 💻 Through integrated finance, non-financial companies will be able to connect their customers directly to financial transaction systems, reducing the need for separate interactions with financial service providers. ✅These trends point to a profound transformation in finance software, with technological innovation playing a catalytic role.” #CEO #CFO #riskmanagment
The Fintech Power 50 2024 Unveiled at Fintech Connect | The Fintech Times
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Accurately predicting cash requirements is crucial when it comes to making processes more efficient and reducing costs.💰 Modern technologies such as AI-based forecasting tools help banks and cash-in-transit companies to remain flexible and optimize routes. This not only makes cash logistics more efficient, but also future-proof. 🌐 Read more in our blog post: https://lnkd.in/eSPiFaRq #cashlogistics #AI #fintech #efficiency
Forecast Cash Demand and Boost Profitability
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👨💼👩🏻💼 300+ CFOs and financial professionals in the Netherlands answered our questions about technology trends in #creditmanagement in 2024. We compiled all the findings for you in one place 📝: 1️⃣ AI the leader in technology trends 2️⃣ Three main challenges to technology implementation 3️⃣ Traditional payment methods remain popular Find them all here 👉🏻 https://lnkd.in/dWUV9Uji
Technology in credit management: 6 key learnings in 2024
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In 2024, amidst economic and geopolitical uncertainty, businesses are prioritizing financial caution. Finance leaders are keen on boosting efficiency and cutting costs rather than taking risks. Monitoring cash flow and gaining clear visibility into their cash position have become paramount. We knew businesses were struggling with accounts payable and all the manual processes tied to it. It's time-consuming, error-prone, and hinders growth. That's why we created Scrypt AI. We're helping our clients process invoice faster, reduce errors, and gain valuable insights into their cash flow. According to recent data, 61% of finance teams that automated AP could handle more invoices without growing their team. When embarking on digital transformation, tackle one financial function at a time. Start with AP automation—it's an excellent starting point that delivers tangible operational efficiencies and lays a solid foundation for broader financial transformation. Learn More: www.scrypt.ai #Finance #apautomation #accountspayable #fintech #CFO
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Where is the growth opportunity where AI and embedded finance meet? The answer may lie in the latest Arthur D. Little report. The report’s subtitle, “How AI is supercharging embedded finance,” suggests a powerful intersection of two transformative trends in financial services that are typically treated as separate. AI in banking is often spoken of as an end to itself. Embedded finance often seems like the quieter cousin of banking as a service. But a combination of the two could actually turn out to be the saving grace of traditional banking.
The Growth Opportunity Where Artificial Intelligence and Embedded Finance Meet
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Looking forward, the world of embedded finance is set for big advancements. One crucial focus will be on streamlining the customer experience, ensuring that financial products seamlessly fit into everyday life. A recent survey by EY found that 94% of global financial technology leaders believe success hinges on offering products that address customers' real-time needs. In response to this, we can expect to see the integration of GenAI and AI-powered algorithms. These technologies will play a pivotal role in personalizing offerings, automating processes, and predicting customer needs on-the-fly. As a result, embedded finance will become more user-friendly, customized, and responsive, greatly enhancing the overall customer experience. #EmbeddedFinance #FinanceInnovation #FutureOfFinance
What Innovations Can we Expect in the Future for the World of Embedded Finance? | The Fintech Times
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𝐔𝐧𝐩𝐚𝐢𝐝 𝐫𝐞𝐜𝐞𝐢𝐯𝐚𝐛𝐥𝐞𝐬 𝐜𝐚𝐧 𝐜𝐨𝐬𝐭 𝐲𝐨𝐮𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐲 𝐦𝐮𝐜𝐡 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝐲𝐨𝐮 𝐦𝐚𝐲 𝐭𝐡𝐢𝐧𝐤. Believe it or not but it can cost you up to 15% of your annual revenue, and a recent study by the Aberdeen group states the same. Late payments send ripples through your business, impacting: ▶ Cash flow ▶ Productivity ▶ Lack of forecasting abilities ▶ Customer relationships ▶ Growth potential Don't let delayed payments hold your business back, we can help you put your accounts receivable on auto-pilot enabling you to focus on your business growth. Read our latest blog to find out how: https://lnkd.in/gDB_zybE Amartya | Shivam #FinFloh #cfo #cfotech #invoicetocash #ar #ai #receivables #latepayments #blogpost
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