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Libra, Shopify | February 21, 2020
After shedding several high-profile members, the Facebook-led digital currency project Libra has signed up online commerce giant Shopify.Shopify becomes the first new Libra Association member in four months, stemming a tide in the opposite direction which has seen Mastercard, Visa, eBay, Stripe, Vodafone, Mercado Paygo, and booking.com all bail on the project. Explaining its decision to sign on to the stablecoin initiative, Shopify says: "As online commerce becomes increasingly borderless, ...
FINTECH
AuditMap.ai, Deloitte Canada | January 21, 2021
AuditMap Technologies Incorporated (AuditMap.ai), an Ottawa-based software company, and Deloitte Canada are satisfied to declare a progressing union consent to convey the most recent in artificial intelligence (AI) abilities to improve internal audit services. As businesses strive to anticipate risks in an increasingly fast-paced environment, and recognize key bits of knowledge and openings for success, technology deployment inside the internal audit space is progressing quickly. ...
CORE BANKING
360factors, Inc. | April 11, 2022
360factors, Inc. announced today that Park National Bank, a bank with $10B in assets headquartered in Newark, Ohio, selected 360factors' Predict360 risk and compliance intelligence platform to enhance its enterprise risk management program and streamline quarterly certifications and attestations for Sarbanes-Oxley. The bank will deploy 360factors' Predict360 solution suite, an artificial intelligence (AI)-powered platform that vertically integrates risks and controls, regu...
FINANCIAL MANAGEMENT
Scrypt AI | March 23, 2021
Scrypt AI, a machine learning and artificial intelligence-driven Treasury Management-as-a-Service platform startup, has announced that its Integrated Payables and Receivables platform has now processed thousands of invoices worth more than $1B to its clients, saving its clients 10 to 15 times the previous cost of manual accounts payable workflows. The greater part of all invoices got by businesses in the U.S. today are paper, while the greater part of business-to-business payments...
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