Fintech Innovation

Robotic Process Automation (RPA) in Data Extraction Getting the data from a digitized document and having it ready for processing has become a key process in any Cash Management System. This is the case of Cashbook, whose software instances are working in dozens of customers, and they receive a substantial ...

PayPal has been around since the late 90’s and impressively was the most used method of secure payment for online shoppers in the last 12 months. PayPal has over 300 million active users worldwide, and 87.5% of all online shoppers have used PayPal. The three main users by country are ...

Over the last few months, there have been huge challenges for businesses and industries all over the world. A few industries have been lucky enough to see profits increase and business soar. However, the majority of companies have experienced temporary closures, fall in production, decrease in revenues, and sadly enforced ...

There are three main players when it comes to cloud infrastructure today: Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP). However, there is one clear leader who has the same market share as it’s three closest rivals combined – AWS. This was mainly due to Amazon’s early ...

The Payments Landscape In North America, the value and volume of ACH payments have increased year on year over the last five years. In 2019, ACH volumes increased by 7.7% to 24.7 billion items, and ACH values increased by 8.9% to $55.8 trillion from the 2018 figures. The volume of ...

In the world of finance and accounting things are moving fast. Accounting processes, standards and ways of completing tasks are receiving updates more frequently. Especially in the current ‘innovation era’ and the increased advances in technology. New developments can have a large impact on your business. It may lead to ...

This article will explain in basic terms what Robotic Process Automation (RPA) technology is, and its role in the accounting industry. We will see how RPA has advanced to streamline current accounting processes, and what to expect from RPA technology in the future. What is Robotic Process Automation? When people ...

In the European Union (EU) member countries lose billions of Euros worth of Value Added Tax (VAT) each year due to VAT fraud, VAT non-compliance and dated VAT collection processes. A solution for this issue has been sought for quite some time. Some EU countries have been introducing measures to ...

What is the ISO 20022? ISO 20022 is an international payment messaging standard that supports electronic payments. The global payments eco-system is changing drastically. The ISO 20022 standard is widely considered an essential component to modernizing the global payments infrastructure. The financial world is moving towards a unified system that ...