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TeamSystem acquires 61% stake in Milan fintech Change Capital

Italian business software solutions provider TeamSystem has acquired a 61 per cent majority stake in Change Capital, a Milan-based fintech specializing in AI-backed credit mediation services for SMEs.The acquisition, for an undisclosed sum, will add over 200 financial solutions to...

#AI#cash-flow#digital

AI and its use in receivables finance industry (Part...

Continuation from Part 1.Ai and Gen AI Case Use2. Data AnalysisAnother commonly cited case uses of AI and Gen AI…

#AI#invoice#management


UK Finance: Fraud remains a major problem as over...

UK Finance today releases its 2024 annual fraud report, detailing the amount its members reported as stolen through payment fraud…

#AI#bank#financial services


Basware acquires AP Matching

Basware, a global leader in AP automation and invoice processing, has announced that it has acquired AP Matching.The acquisition will expand Basware's…

#accounts payable#AI#guarantees


Grapple boosts Lendtech with AI integration, surpasses AUD$200m funding...

Grapple, an Australian SME financing company, has enhanced its Lendtech platform by integrating artificial intelligence (AI). This development coincides with…

#AI#artificial intelligence#invoice


Basware unveils AI-powered solution to protect businesses from fraud...

Basware, a global leader in AP automation and invoice processing, has introduced AP Protect, an AI-powered solution that empowers finance teams…

#accounts payable#AI#invoice


Oscilar unveils advanced AI-Powered AML Risk Platform to combat...

Oscilar, a leading force in AI-Powered financial risk management, today publicly unveiled an industry-leading AI-Powered AML Risk Platform at the…

#AI#anti-money laundering#bank


Czech Flowpay raises €2.1m seed round to expand AI-powered...

Flowpay, a Czech fintech leveraging predictive AI models and embedded finance to assist SMEs in accessing operational funding, has secured…

#AI#bank#e-commerce


ISG to publish report on finance and accounting platforms

Information Services Group (ISG), a leading global technology research and advisory firm, has launched a research study examining providers of…

#AI#blockchain#invoice


AI not ready for the insurance market says Nexus

At SCHUMANN Connect, Schumann’s London conference last week, it was said that underwriting in trade credit insurance is undergoing a…

#AI#Nexus#Robert Meters


BCR Webcasting: Karel Krejčí, Calculum

In the run up to the AI4RF seminar on 29 November at Clifford Chance, London, Michael Bickers meets with Karel…

#AI


MAS partners industry to develop generative AI risk framework...

The Monetary Authority of Singapore (MAS) today announced the successful conclusion of phase one of Project MindForge [1] which seeks…

#AI#Monetary Authority of Singapore#risk

Karel Krejčí, Calculum

In the run up to the AI4RF seminar on 29 November at Clifford Chance, London, Michael Bickers meets with Karel…

#AI#Calculum#Clifford Chance

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