(IN BRIEF) A joint report from Adyen and Boston Consulting Group (BCG) reveals a $185 billion market opportunity for Software-as-a-Service (SaaS) platforms through embedded finance, showing a 25% increase since 2022. Driven by favorable interest rates and increased demand from … Read the full press release
Posted in Business, Financial, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Small Business, Technology
Tagged Adyen, Blake Breathitt, Boston Consulting Group (BCG), finance, partnership, SaaS Platforms, SMEs, Stefan Dab, USA
(IN BRIEF) The London Metal Exchange (LME) has appointed Robert Arbuthnott as its new Group Chief Financial and Administrative Officer, effective September 16, 2024. With over 30 years of experience in global financial services, Robert brings extensive expertise in finance … Read the full press release
Posted in Business, Industrial, Management, Metals and Minerals, United Kingdom
Tagged appointment, Cambridge University, CFAO, Chief Financial Officer, Credit Suisse, finance, finance veteran, Group Chief Financial and Administrative Officer, HKEx, HR, leadership, LME, London Metal Exchange, Matthew Chamberlain, Robert Arbuthnott
(IN BRIEF) Volkswagen Passenger Cars and SEAT S.A. have announced a leadership change in their finance departments, effective October 1, 2024. Patrik Andreas Mayer will become SEAT’s new Chief Financial and IT Officer, while David Powels, currently in that role, … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged appointment, David Powels, finance, IT Departments, leadership, Patrik Andreas Mayer, SEAT, Thomas Schäfer, Volkswagen, Wayne Griffiths
(IN BRIEF) BBVA has been recognized by Global Finance magazine as a leader in corporate banking, winning awards for Most Innovative Bank in Spain, Best Mobile Banking App, and Best Open Banking Strategy. The bank was praised for its innovative … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Spain, Technology
Tagged Awards, BBVA, corporate banking, finance, INNOVATION, leadership
(IN BRIEF) The Alan Turing Institute has released a groundbreaking report suggesting that Large Language Models (LLMs) could revolutionize efficiency and safety within the finance sector. The research explores how LLMs can detect fraud, generate financial insights, and automate customer … Read the full press release
(IN BRIEF) Fresenius Management SE has extended Sara Hennicken’s term as Chief Financial Officer (CFO) until 2027, two years earlier than planned, to ensure continuity in advancing the #FutureFresenius strategy. Hennicken, who joined Fresenius in 2019, has been instrumental in … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Industrial, Management, Pharma & Biotech, Technology
Tagged #FutureFresenius, CFO, Chief Financial Officer, Deutsche Bank, finance, Fresenius, Fresenius Helios, Fresenius Kabi, Fresenius Management SE, Fresenius Medical Care, Sara Hennicken, Supervisory Board, transparency, Wolfgang Kirsch
(IN BRIEF) Wolters Kluwer’s Finance, Risk and Regulatory Reporting (FRR) division’s OneSumX solution has been recognized with the Best Regulatory Compliance Solution for IFRS 9 award at the APAC Awards 2024 by RegTech Insight. OneSumX IFRS 9 simplifies compliance with … Read the full press release
Posted in Awards, Business, Financial, Management, Netherlands
Tagged Angela Wilbraham, Best Regulatory Compliance Solution for IFRS 9 APAC Awards 2024, finance, FRR, IFRS 9, International Financial Reporting Standard 9, Jeroen Van Doorsselaere, Karen Abramson, OneSumX, RegTech Insight, regulatory reporting, Risk, Wolters Kluwer
(IN BRIEF) The European Investment Bank (EIB) has signed a €10 million loan agreement to support women entrepreneurs in Mozambique. This financing will facilitate a new €20 million facility by Moza Banco, focusing on small and medium-sized businesses (SMEs) in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Africa, Antonino Maggiore, EIB, finance, Manuel Soares, Mozambique, partnership, SMEs, sustainability, Thomas Östros, women entrepreneurs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a $10 million loan to Acba Bank, a prominent Armenian bank, with support from the European Union (EU) and Sweden. This funding will specifically target women-led small and … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, Sweden, United Kingdom
Tagged Acba Bank, Armenia, EBRD, European Union (EU), finance, leadership, partnership, SMEs, sustainability, Sweden, women empowerment
(IN BRIEF) EQT, an International Partner of Nobel Prize Outreach, recently hosted a seminar in conjunction with Nobel Prize Outreach’s conference in Seoul, South Korea, focused on “Future Learning: Exploring Science & Technology.” The seminar discussed the impact of generative … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Industrial, Management, Media, News, Real Estate, Society, Sweden, Technology
Tagged AI, Alexandra Lutz, Conni Jonsson, diversity, EQT, finance, Laura Sprechmann, Motherbrain, Nobel Prize Outreach, partnership, seminar, Seoul, society, South Korea
(IN BRIEF) Representatives from the University of Dundee attended Southwestern University of Finance and Economics (SWUFE) in China, engaging in a two-week program involving lectures on business, finance, economics, and broader topics like international trade, cultural differences, and COVID recovery. … Read the full press release
Posted in Art & Culture, Business, Economy, Education, Financial, Industrial, Management, News, United Kingdom
Tagged Business, Chengdu, CHINA, Chinese culture, COVID recovery, cultural, cultural differences, Economics, educational, finance, international trade, Mark Simms, SWUFE, University of Dundee
(IN BRIEF) Luxembourg has pledged an additional €4.8 million to the EIB Global’s Financial Inclusion Fund, bringing the fund’s total size to €11.5 million. The fund supports financial service providers that focus on vulnerable groups in African, Caribbean, and Pacific … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged EIB, finance, Financial Inclusion Fund, Franz Fayot, Kris Peeters, Luxembourg, microentrepreneurs, microfinance, SMEs, Werner Hoyer, Yuriko Backes
(IN BRIEF) Crédit Agricole Consumer Finance has renamed its newly-acquired FCA Bank as Crédit Agricole Auto Bank. The acquisition comes as a powerful lever for the bank to support its clients in environmental and energy transitions in the automotive industry. … Read the full press release
Posted in Banks, Business, Financial, France, Management, News
Tagged ACQUIRES, Credit Agricole, Crédit Agricole Auto Bank, FCA Bank, finance
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €10 million loan to ProCredit Bank Moldova to support investment financing for micro, small and medium-sized enterprises (MSMEs) in Moldova. The loan will help businesses upgrade their … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Investment, Management, News, Small Business, United Kingdom
Tagged Adam Grodzicki, businesses, EBRD, EU, finance, Irina Coroi-Jovmir, Mark Bowman, Moldovan, MSMEs, partnership, ProCredit Bank Moldova, UK
(IN BRIEF) Accenture has announced plans to acquire Optimind, a Paris-based consulting firm that specializes in offering advisory services and solutions for the insurance and banking industries. Optimind provides consulting services to help its clients overcome major challenges in areas … Read the full press release
Posted in Banks, Business, Financial, France, Insurance, Management, News
Tagged Accenture, acquisition, Christophe Eberle, finance, France, Khalid Lahraoui, Olivier Girard, Optimind, risk management
(PRESS RELEASE) MILAN, 8-Mar-2021 — /EuropaWire/ — UniCredit announces that it has been recognised as the best global trade finance bank for customer service in this year’s Euromoney Trade Finance Survey. UniCredit consolidates its market-leading position picking up 31 awards … Read the full press release
Posted in Awards, Banks, Financial, Italy, Management, News
Tagged Awards, BANKING, Euromoney Trade Finance Survey, finance, financial institutions, Giovanni Solaroli, Luca Corsini, survey, trade finance bank, UNICREDIT
(PRESS RELEASE) PARIS, 4-Dec-2020 — /EuropaWire/ — Global leader in consulting, technology services and digital transformation Capgemini named a Leader by Everest Group in its Finance and Accounting Outsourcing (FAO) Services PEAK Matrix® Assessment 2020, proudly retaining its leading position … Read the full press release
Posted in Awards, Financial, France, Management, News, Technology
Tagged accounting, AI, Capgemini, consulting, COVID-19, David Lumley, digital transformation, Digital Twin capabilities, engineering services, Everest Group, FAO Services, finance, Finance and Accounting Outsourcing, PEAK Matrix® Assessment 2020, REPORT, Shirley Hung, technology
(PRESS RELEASE) LONDON, 8-Sep-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) expands access to finance for Turkish businesses to help them recover from the pandemic, with a new US$ 54 million loan to Isbank, the largest … Read the full press release
Posted in Banks, Business, Financial, Infrastructure & Utilities, Investment, News, Small Business, Turkey, United Kingdom
Tagged coronavirus pandemic, crisis, EBRD, finance, financing, investments, Isbank, loan, private lender, The European Bank for Reconstruction and Development, Turkish businesses
(PRESS RELEASE) LEVERKUSEN, 20-Jul-2020 — /EuropaWire/ — German producer of specialty chemicals, Covestro AG announces the decision of its Supervisory Board to extend the contract of Board of Management member Dr. Thomas Toepfer earlier than scheduled by five years from … Read the full press release
The TABS Suite has added an EU-focused assessment that will more accurately be able to conduct diligence on companies based and operating in the European Union (PRESS RELEASE) MOUNTAIN VIEW, Calif., United States, 20-Jul-2020 — /EuropaWire/ — TABS Score™ has … Read the full press release
Posted in European Union, Financial, Investment, News, Small Business, Technology
Tagged accounting, analytics, COVID-19, DaaS, Diligence-as-a-Service, due diligence, Entrepreneurship, ESG, finance, financing, fintech, Frontline Strategy Funds, internal diligence processes, investor, LPs, Marshall Sterman, Mayflower Ventures, physical meetings, policies, Project Finance, regulatory, seed investors, serial entrepreneurs, startup, Startups, tabs, TABS software, TABS Suite, Tech, VC, venture, venture capital, viability
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