Latest News – Page 61

Rydoo Acquires Accounts Payable Automation Expert Semine

Expense management provider Rydoo has acquired Semine, a company specializing in AI-powered accounts payable automation technology. Financial terms of the deal remain undisclosed. Rydoo serves...

Bank of England Presents Framework for Implementing National Payments Vision

The UK is revamping its retail payments infrastructure to enhance effectiveness, with a more significant role for the Bank of England and the establishment of...

Government Commits to Position UK as the Global Fintech Hub

The UK government is pledging tailored support for financial technology firms as they launch, scale, and go public, aiming to position the country as the...

Anthropic Launches Claude Tailored for Financial Services

Anthropic, the AI startup supported by major players like Amazon and Google, has unveiled an innovative tool designed for finance professionals to enhance market analysis,...

UniCredit Partners with Wise Platform for Cross-Border Retail Payment Solutions

Italian bank UniCredit has partnered with Wise to launch an international payment service for retail customers. UniCredit becomes the first major bank in Europe to...

Mastercard Introduces Sustainable Card Initiative

Mastercard is embarking on a sustainable card initiative aimed at encouraging card issuers to adopt greener alternatives, including recycled, biodegradable, and ocean plastics. Each year,...

Activist Investor Increases Holdings in Global Payments

Global Payments shares rose on Wednesday following media reports that activist investor Elliott Management has acquired a stake in the fintech company. In April, Global...

Facilitating ESG Solution Development for Investment and Asset Management

In June 2020, Finextra Research organized the inaugural Sustainable Finance Live, an engaging virtual workshop that brought together industry leaders to explore how financial services...

Make Alternative Data Mainstream for Enhanced ESG Transparency

The senior vice president of ESG engagement at Moody’s emphasizes that the future of ESG investment demand hinges on leveraging alternative data—resources commonly utilized by...

Encourage Banks to Minimize Investments in High-Carbon Industries, Rather than Penalizing Them

In response to the European Commission's invitation for comments on the Renewed Sustainable Finance Strategy, the Association for Financial Markets in Europe (AFME) emphasized that...