BP and Mercedes-Benz Trucks collaborate on digital in-vehicle fuel payment app
BP and Mercedes-Benz Trucks collaborate on digital in-vehicle fuel payment appOct 20, 2021
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Research shows sustainability still fails to rank as a priority when purchasing new ITDespite growing concerns from businesses around the mounting corporate e-waste they produce, and its impact on the environment, sustainability remains a low priority when looking to procure new IT according to research by technology lifecycle management (TLM) provider 3stepIT. Its research also found more than threequarters (77%) of European businesses view e-waste as a concern while 74% believe the pressure from their employees to act more sustainably is mounting.
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Q2 expands with new City of London officeQ2, a leading provider of digital transformation solutions for banking and lending, has announced the opening of its new London office at Octagon point, 5 Cheapside, next to St Paul’s Cathedral and close to the London Stock Exchange. This new facility will accommodate the growth of Q2’s employee base in the Europe Middle East and Africa (EMEA) region, with roles including from sales, operations and partnership managers.
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Research shows sustainability still fails to rank as a priority when purchasing new IT
Q2 expands with new City of London officeAston Barclay launches ‘white label’ auction platformAston Barclay has unveiled enhancements to its digital platform to enable finance houses to repatriate used cars back into franchised dealer networks. The company has launched a fully closed group ‘white label’ timed auction platform that has made a significant impact in reducing selling days and guaranteed new retail finance underwriting opportunities for its finance house partners. Available from the start of the year, Aston Barclay now provides a fully facilitated digitisation of the PCP returns process for finance houses that sees the utilisation of its app-based inspection tool at the returning dealership.
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Asset risk management software innovators Luminosity joins Sopra Banking SoftwareSopra Banking Software is continuing on the expansion trail, acquiring Dublin-based Luminosity whose portfolio of products supports motor finance providers, motor retailers, and car hire businesses worldwide in managing their inventory/wholesale assets. The move extends the capabilities of Sopra’s Software Financing Platform (SFP) and provides a broader platform for Luminosity's digital auditing and risk management software.
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Alternative data from web sources now overtaking traditional business metricsTwo-thirds of UK financial services companies are now using alternative data to improve decision making, according to research by online data specialist Oxylabs, which reports non-traditional information is most commonly obtained via “web scraping” new sources of information such as social media and website traffic.
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SME lender Simply launches digital brand - Simply ConnectSpecialist SME asset finance lender Simply has launched a new digital brand, dubbed Simply Connect, designed to speed up decision making and simplify lending processes. Simply Connect is an end-to-end digital journey that allows customers to use online tools to manage their funding, from application through to the final payment.
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Why three layers of data are essential to managing hybrid workforcesAs hybrid working becomes the new normal, businesses in the financial sector must focus on optimising productivity, employee engagement, and organisational agility. As work takes place at more varied times and across home and the office, real-time data capture is essential for companies to see how and when work is completed. This means that finance companies need to rediscover and re-integrate their data. They need insights to understand which individuals or roles can remain remote, what that means for headcount, and employee experience.
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FXE Technologies launches SmartFinanceHub for brokersFXE Technologies has launched SmartFinanceHub, a digital tool designed to connect brokers and funders and provide tools and links to Open Banking. The SME specialist said the aim was to offer support as firms feel the pressure to “future proof” their operations and to address growing regulatory pressures.
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Cazoo expands reconditioning and logistics capability with SMH Fleet Solutions acquisitionUK online car retailer Cazoo has made a second acquisition following its recent debut on the New York stock exchange, paying £70m in cash to acquire SMH Fleet Solutions (SMH), one of the UK’s leading vehicle preparation, logistics and storage businesses. The deal sees Cazoo double its reconditioning and logistics capability and storage infrastructure.
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Why the asset finance ecosystem needs to collaborate to realise the potential of servitizationA new briefing paper from the International Asset Finance Network’s European equipment finance community takes a look at the strategic issues the sector needs to address as the focus pivots from asset ownership towards a service-based approach.
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Holding assets for longer – towards a flexible future in auto financeEmpowered customers are driving a transformation at the heart of the auto finance industry. As customers look for more flexible solutions and OEMs search for revenue growth, captives will have to expand their product portfolio and evolve their traditional go-to-market model. There is growing interest within the auto finance industry in the opportunity to hold assets on the balance sheet for longer than their first life-stage and use that time to offer a range of innovative, flexible products.
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Pandemic device crisis prompts demand for technology as-a-serviceChanging working patterns as a result of Covid-19 are fuelling demand for new ownership models for IT in businesses of all sizes, according to a pan-European survey carried out by 3stepIT. While three-quarters of those polled reported IT was pivotal to their survival during the pandemic, there are growing concerns about the increased risks and environmental impact of dispersed workplaces. The research was conducted in July 2021 by OnePoll on behalf of 3stepIT and surveyed 1000 IT decision-makers (200 from each territory) from the UK, France, Germany, Sweden and Finland.
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Aston Barclay launches ‘white label’ auction platform
Asset risk management software innovators Luminosity joins Sopra Banking Software
Alternative data from web sources now overtaking traditional business metrics
SME lender Simply launches digital brand - Simply Connect
Why three layers of data are essential to managing hybrid workforces
FXE Technologies launches SmartFinanceHub for brokers
Cazoo expands reconditioning and logistics capability with SMH Fleet Solutions acquisition
Why the asset finance ecosystem needs to collaborate to realise the potential of servitization
