digital transformation

Finastra and Microsoft Team on Trade Finance
Finastra and Microsoft Team on Trade Finance
September 20, 2023  |  Partnerships

Financial software firm Finastra has launched a trade finance partnership with Microsoft. The collaboration, announced Wednesday (Sept. 20), combines Finastra’s Trade Innovation offering with a “full microservices architecture” using Microsoft...

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CFPB Says Lenders Must Explain AI-Driven Credit Denials
CFPB Says Lenders Must Explain AI-Driven Credit Denials
September 19, 2023  |  Regulation

The Consumer Financial Protection Bureau (CFPB) has released guidance for lenders who utilize artificial intelligence (AI) and complex models in their credit decision-making processes. The guidance emphasizes the need...

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Walled Garden LLMs Build Enterprise Trust in AI
Walled Garden LLMs Build Enterprise Trust in AI
September 19, 2023  |  artificial intelligence

It’s been nearly a year since generative artificial intelligence (AI) tools first hit the shelves. In the time since, the technology has captured both the...

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Treasury Prime Teams With Astra to Offer Instant Payments
Treasury Prime Teams With Astra to Offer Instant Payments
September 18, 2023  |  Partnerships

Embedded banking software firm Treasury Prime and technology company Astra have teamed to offer customers instant payments capabilities. The collaboration offers Treasury Prime customers access...

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Report: Alibaba Plans to Invest $2 Billion in Turkey
Report: Alibaba Plans to Invest $2 Billion in Turkey
September 18, 2023  |  Investments

Alibaba reportedly told Turkey’s president it plans to invest $2 billion in the country. Alibaba President Michael Evans made the remarks in a meeting with...

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Citi Launches Digital Asset Solution for Cash Management, Trade Finance
Citi Launches Digital Asset Solution for Cash Management, Trade Finance
September 18, 2023  |  B2B Payments

Citi Treasury and Trade Solutions has unveiled a digital asset solution designed to enhance cash management and trade finance capabilities. By using blockchain and smart...

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GoTab CEO: Kiosks Power Self-Service for Mobile Wallet Holdouts
GoTab CEO: Kiosks Power Self-Service for Mobile Wallet Holdouts
September 18, 2023  |  ResTech

As own-device self-service catches on across industries, restaurants are leveraging kiosks to reach consumers who have not adopted mobile payments, according to GoTab. The restaurant technology...

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Bank of America Debuts Tool to Digitize Trade Finance
Bank of America Debuts Tool to Digitize Trade Finance
September 18, 2023  |  Accounts Receivable

Bank of America has unveiled a platform to help business clients digitize trade finance. The company’s CashPro Supply Chain Solutions tool is designed to offer supply chain...

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Why the Digital Transformation Needs a Reset
Why the Digital Transformation Needs a Reset
September 18, 2023  |  Connected Economy

Warren Buffet is reported to have said that digital transformation is a fundamental reality of business today.  McKinsey says that 70% of digital transformation projects...

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