Cloud Software Co. Mirakl Raises $300M

PYMNTS

Mirakl , the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. Mirakl provides online marketplace software to manufacturers, wholesalers and retailers, including Kroger Co.,

Temenos partners with Microsoft on cybersecurity software 

Bank Innovation

The Swiss banking technology company Temenos is teaming up with Microsoft to help banks implement crime-fighting software for financial institutions. Through the partnership, banks can trial the software for 14 days through the end of June before changing their cybersecurity systems. Criminals are quick to take advantage of people and quick to take advantage of […]. Automation Carousel Payments Premium Product Design Retail Banking FIS Fiserv Microsoft Temenos

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Top Reasons to Promptly Upgrade Your AML Software

Abrigo

Key Takeaways You should always update your software to the latest version as soon as it's available. If you or your IT department are having issues keeping up with software updates, consider a hosted solution. How does this smart phone analogy translate to your AML software solutions? Let’s face it, most community financial institutions don’t get the IT support needed when it comes to their AML software. Why should you upgrade your AML software promptly upon release?

Profile Software Unveils FX Risk Management Tool

PYMNTS

In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumen net eFX offering. The bank said it was teaming with FX technology company Kantox through an arrangement that would let BNP Paribas provide Kantox’s Dynamic Hedging software to business clients. B2B Payments B2B banking foreign exchange News Profile Software treasury What's Hot In B2B

Democratizing AI for All: Transforming Your Operating Model to Support AI Adoption

Democratization puts AI into the hands of non-data scientists and makes artificial intelligence accessible to every area of an organization. With the emergence of enterprise AI platforms that automate and accelerate the lifecycle of an AI project, businesses can build, deploy, and manage AI applications to transform their products, services, and operations. But in order to reap the rewards that AI offers, it is essential that businesses first address how their organizations are set up, from their people to their processes. Democratizing AI through your organization requires more than just software. It may require changing your operation models and finding the right guidance to realize the full breadth of capabilities.

EU Rule Change Could Boost Software Investment at Banks

Bank Innovation

New rule changes under discussion by European Union regulators could allow EU banks to invest more in software, allowing them to better fight against cyber attacks, as well as to keep pace with fintech firms. EU regulators are presently considering changes to banking laws that classify software as a cost, rather than an investment. Compliance Exclusive Security cybersecurity EU fintech Financial Regulation fintech investment Software

Balancing Act: Applying Rules-Based and Behavior-Based Analytics in BSA/AML Software

Abrigo

Using leading technology, innovative BSA/AML software providers are harnessing the power of artificial intelligence (AI) and machine learning for behavior-based analysis. There is a place for both types of analytics in BSA/AML software, giving financial institutions the ability to apply strategies most appropriate to their risk profile and the suspicious activity being perpetrated. Your institution is unique.Your BSA/AML software should be too. BSA Software BSA/AML

Toast Launches Payroll Software For Restaurants

PYMNTS

It used the software to systematize payroll, and allowed managers more freedom to focus on their team, as opposed to the nuances of payroll management. “We When it comes to employee onboarding, the software eliminates paperwork, reduces the risk of errors and automates the whole process. ResTech HR News payroll restaurant management software Toast What's Hot

Avalara Unveils eInvoicing Software For Tax Compliance In India

PYMNTS

Businesses can also harness flexible application programming interface (API) integrations or file uploads to reduce interruptions to existing procedures in enterprise resource planning software (ERP) and other financial technologies.

Taxes 181

Navigating The Sea Change In Global Software Sales

PYMNTS

The world of software sales is undergoing a sea change, albeit a quiet one. Until recently, the majority of companies selling software sold it as a one-time download with licenses included in perpetuity. This holds true regardless if a company was selling a B2C or B2B software product. Firms might replace or update that software — but that generally didn’t happen more often than annually. It also handles returns, refunds, and software fulfillment.

How ZoomInfo Enhances Your ABM Strategy

For marketing teams to develop a successful account-based marketing strategy, they need to ensure good data is housed within its Customer Relationship Management (CRM) software. More specifically, updated data can help organizations outline key accounts for their campaigns. And to begin the targeting process, marketing teams must develop an Ideal Customer Profile (ICP) with appropriate firmographic and behavioral data to ensure they’re going after the correct audience.Download this eBook to learn how to start improving your marketing team's data!

Malauzai Software: 2017 Slow Growth Rate for Mobile Banking Apps

Bank Innovation

A recent report by Malauzai Software showed that new app growth rate among banks and credit unions has slowed down by 8% this year. DataBank credit union Malauzai Software Mobile bankingThis slow down is an indication that the market is saturated, according to the report. Nevertheless, this year had the highest number of mobile banking apps. The survey, which was conducted […].

Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. The company, based in Austin, Texas, has software that allows companies to manage eCommerce sales through markets like Amazon or on social media like Instagram.

MRI Software Adds AP Capabilities For Real Estate Users

PYMNTS

Real estate accounts payable (AP) solution provider Nexus is expanding its partnership with MRI Software to integrate supplier payment functionality within MRI’s real estate solutions.

Gravity Software Adds Multi-Currency Accounting Tool

PYMNTS

Cloud-based company Gravity Software has launched a new program to ensure businesses have the right tools to deal with multi-currency needs, according to a press release. The software, according to the release, aims at doing away with redundant tasks by combining everything on the same platform. The software can also help businesses that are experiencing growth pains and are in need of more complex software.

AEVI Software Launch Targets SMB Checkout Improvements

PYMNTS

30), Bank of America Merchant Services — the payments, eCommerce and security solutions company — said it and talech , a cloud-based restaurant management software company, are teaming up to roll out a POS solution for the full-service restaurant and bar industries.

Allica Bank Launches With Profile Software Infrastructure For SMBs

PYMNTS

challenger bank Allica Bank has launched using Profile Software ‘s banking programs in order to ensure small- to medium-sized business (SMB) customers a way to manage their banking and risk operations, according to a press release. Babis Stasinopoulos, Profile Software CEO, said the company intends to help banks unlock cloud-based tech and to achieve any number of goals through Profile’s flexible nature.

Palette Unveils AP Automation Software For Construction Firms

PYMNTS

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. B2B Payments accounts payable B2B News Palette Software What's Hot In B2BPalette allows these firms to ingest invoice information from suppliers in an expedient fashion, handle invoices with an automated process for approvals, and provides a trail that auditors can examine.

Uber Buys Transit Software Provider Routematch

PYMNTS

said Thursday (July 16) it has acquired Routematch, a software company that collaborates with more than 500 transit systems worldwide. TechCrunch.com reported the acquisition signals Uber’s push to become a Software-as-a-Service (SaaS) provider to public transit agencies. Routematch’s software provides vehicle tracking, trip planning, payment and tools for buses. Uber’s software will soon be managing public transportation for Marin County in the San Francisco Bay area.

Hackers Use Crypto Mining Software To Attack Cos

PYMNTS

Hackers might have another way to steal data from corporations: cryptomining software. Or they can download more software. Security & Fraud cryptocurrency Cyberattack Cybersecurity data theft Hackers mining News software What's Hot

Seven Items That Should be on Every BSA Software Checklist

Abrigo

Shopping for a bank secrecy act/anti-money laundering (BSA/AML) monitoring software can feel overwhelming. There is a place for both types of analytics in a software and places where one will shine over the other. Your AML software needs to be able to interpret both the apparent and nuanced differences. Professionalism – We are here to support your success as a BSA professional, not just provide software. Seven Items That Should be on Every BSA Software Checklist.

Deem’s New Software Aims To Boost Corporate Travel Booking Services

PYMNTS

Deem , which works in mobile and cloud technology, has launched corporate travel booking software Deem Rise, according to a press release. The software will attempt to help small and medium-sized businesses (SMBs) with managing travel and saving money. SMBs already know how cloud software helps level the competitive playing field for them,” Rizzo said, according to the release. B2B Payments B2B Deem News SMBs software travel Travel Payments What's Hot In B2B

Software is ready to 'eat' payments

Payments Source

There are at least 250,000 software companies around the world that have the potential to become electronic payments companies, writes Infinicept's Todd M. Ablowitz. ISO and agent Fintech APIs Digital payments Stripe Shopify

Coupa Software Beats Estimates For Q2 Revenue

PYMNTS

Payment management software firm Coupa Software beat Wall Street estimates for second-quarter revenue, sending shares up 10.3 Its revenue got a boost due to new customers signing on for the company’s business spend management platform, including Affirmed Networks, Commonwealth Bank of Australia, Las Vegas Valley Water District, Lucid Software, Rakuten, Redfin, Sainsbury’s Supermarkets, The Nebu Group, Tullow Oil, Volkswagen Group Australia, and Wawa. “We

Accounting Software Sage Intacct Rolls Out In UK

PYMNTS

The accounting software solutions offered by Sage Intacct are flexible and cloud-native, offering advanced functionality and automation. IWI Consulting Group — a Sage authorized business partner in Canada since 2000 — helps SMBs adapt Sage enterprise software and business solutions. .

Financial Software Firm OpenFin Raises $17M

PYMNTS

led round, financial services software startup firm OpenFin notched $17 million in funding. It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones. The process can help reduce the money and time for modernization of software for back- and front- office functions like risk management or trading. In a Wells Fargo & Co.-led

XBRL News: risk disclosures, RegTech and analysis software certification

Daily Fintech

The post XBRL News: risk disclosures, RegTech and analysis software certification appeared first on Daily Fintech. Here is our pick of the 3 most important XBRL news stories this week.

Goldman Invests $40M In LeanTaaS Healthcare Software Firm

PYMNTS

Silicon Valley software innovator LeanTaaS closed a $40 million Series C3 funding round led by Goldman Sachs , LeanTaaS announced in a press release on Thursday (Dec. Healthcare funding Goldman Sachs Insight Partners iQueue LeanTaaS News predictive analytics software What is Healthcare?

Report: Worldwide Accounts Payable Software Market To Reach $1.567M

PYMNTS

Zion Market Research released a report about the accounts payable software market on Wednesday (March 20), estimating the market will reach about $1,567 million by 2025, according to a release by the company. Accounts payable software enables the enterprises to improve the accuracy of their financial data, save time on various business methods, and allow the staff to work on other tasks,” Zion said. “It This software is ideal for calculating and tracking short-term debts.

Nucleus Software Offers Real-Time Banking Tech For Corporates

PYMNTS

Nucleus Software on Thursday (March 12) announced the launch of expansions to its FinnAxia services to open virtual bank accounts for customers. B2B Payments B2B Cash Management corporate banking FinnAia News Nucleus Software virtual accounts What's Hot In B2BNucleus, which works in the field of lending and transaction banking, introduced the new service to help banks open virtual accounts for corporate customers. FinnAxia 7.0,

Nigeria’s Paga Buys Software Firm Apposit For Global Expansion

PYMNTS

Nigerian digital payments startup Paga is expanding its operations with the acquisition of Apposit , a software development startup based in Ethiopia, as reported on Wednesday (Jan. International Acquisition Africa Apposit Ethiopia international M&A News Nigeria Paga software What's Hot

Why Bitcoin is Eating the Software World

Daily Fintech

Back in 2011, Marc Andreessen famously wrote “ Why Software is Eating the World “ Today the idea that every company needs to become a software company has seeped into every aspect of our lives, changing the way we live, eat, interact, and commute. Few of us could have imagined the impact software would have on our day-to-day lives. First it was software, then it was mobile , and now its bitcoin, blockchain and decentralization.

SMB Software Firm Zetran Jumps Into Accounting

PYMNTS

Small business software provider Zetran is adding an accounting solution to its suite of services, the company said on Sunday (June 17). In a press release , Zetran said it saw a gap in the market for affordable automation software for small and medium-sized business accounting firms. The company aims to help fill that gap with its new accounting software product, myBooks.

Vector Teams With McLeod Software To Speed Up Transportation Billing

PYMNTS

To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with transportation management software firm McLeod Software , according to an announcement. Robert Brothers , vice president of Product Development for McLeod Software, said in the announcement, “We are excited to continue to partner with the industry’s leading solution providers.

DocuSign Buys Contract Analytics Firm Seal Software For $188M

PYMNTS

Docusign , which holds weight in the electronic signature field, has struck a deal to acquire Seal Software for $188 million in cash, according to GeekWire. Seal Software, founded in 2010, advertises itself as a leader in enterprise contract analytics. Docusign has already been working with Seal Software, selling the latter’s product as part of its Docusign Agreement Cloud. Seal Software has raised almost $60 billion, according to Crunchbase.