Hiring and IT spend on the corporate chopping block
COVID-19 is forcing finance departments to make some tough spending cuts, according to Gartner research.
Big data
Tipalti adds AI to AP
Tipalti Pi uses artificial intelligence and machine learning to make payables smarter.
Corporate and investment banks must reinvent themselves
A Boston Consulting Group report suggests banks must overhaul business and operating models in order to remain viable.
ING joins funding round for natural language processing firm
The partnership allows the bank and Eigen Technologies to work together when implementing use cases through data and process analysis.
DXC Technology and Tradeshift collaborate on accounts payable and procurement processes
The two firms aim to deliver touchless procure-to-pay automation and insights.
Lloyds Banking Group announces collaboration with Google Cloud
The partnership is part of the bank's digital transformation programme.
CTMcast - 5 March 2020: Review of key recent posts and Coronavirus crisis
Jack and Ben reviewed last week's stories and the Coronavirus crisis with Kyriba's Bob Stark
FCA and BoE forum to explore AI in financial services
The Financial Services AI Public Private Forum will explore means to support safe adoption of AI in financial services.
Key challenges as banks roll out big data and advanced analytics
An EBA report suggests key safeguards to support ongoing technological neutrality across regulatory and supervisory approaches.
US outlook: A less than roaring start to the ‘20s
Deutsche Bank research suggests the US economy will grow by around 2% this year.
Accenture to acquire Symantec’s cyber security business
The acquisition from Broadcom will support Accenture's ability to help companies anticipate, detect and respond to cyber threats.
ING spins out advanced analytics portfolio tool
The move is designed to accelerate the growth of Katana.
FCA and Bank of England highlight power of data in financial regulation
The two organisations have outlined plans to develop their data and analytics capabilities.
QIIB selects IBM AI fraud prevention solution
The Qatari Islamic bank will use the tool to try to intercept fraudulent activities before they happen.
CTMcast - 3 January 2020: The year to come
Jack and Ben Poole discuss what is likely to happen in 2020 using various forecasts from around the world