Unlocking the financial services of the future with API-first solutions
Unlocking the financial services of the future with API-first solutionsDec 01, 2022
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Novuna Business Finance implements automated invoice processingNovuna Business Finance has combined Evolution AI’s data extraction technology with Workato’s Enterprise Automation platform to achieve end-to-end automated invoice processing to drive its digital transformation strategy forward. The new automated process means Novuna Business Finance will no longer have to rely on time-consuming manual invoice processing techniques, resulting in a faster, more efficient service - and enabling the business to bolster its reputation for exceptional customer experience.
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New research highlights the impact of raw materials on BEV marketBattery Electric Vehicle (BEV) technology continues to evolve at an increasingly rapid rate, impacting material costs and consumer affordability. Inflated battery costs are impacting the purchase of BEVs according to Cox Automotive. Rising raw material costs are bumping up retail prices, impacting and dissuading consumers from purchasing the sustainable vehicle alternative – approximately 60% of a BEV’s price is attributable to its battery cost.
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QV Systems integrates DAVIS API to offer online licence checkingBedford-based B2B Fintech, QV Systems, has integrated the DAVIS API (Application Programming Interface) from Licence Check into its Accelerate SaaS platform to provide its clients with the ability to carry out real-time, accurate and fully automated driver licence checking.
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Novuna Business Finance implements automated invoice processing
New research highlights the impact of raw materials on BEV market
QV Systems integrates DAVIS API to offer online licence checkingAlfa - Digital Directions 3The key goal for today’s customers and providers is to embed all technology in a wider digital ecosystem, according to the new Digital Directions 3 report from Alfa Systems. A digital business ecosystem provides cutting-edge capabilities and can be developed by the provider, its clients, or specialist third parties that deliver anything, from state-of-the-art digital engagement channels to innovative, usage-based products.
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Three technology topics that auto and equipment finance CTOs most want to discuss when they meet up at the Asset Finance Connect conference in LondonAsset Finance Connect’s tech-advisory partner Finativ has already completed research interviews with close to 20 chief technology officers (CTOs) to identify topics they want to discuss at Asset Finance Connect’s first CTO Community Workshop, which will take place in a closed meeting at the AFC Conference on 5th December.
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Simply invests in regtech provided by Ansarada TriLine GRCThe UK SME asset finance business, Simply Asset Finance (Simply), has appointed Ansarada’s Triline GRC to provide the technology for compliance and operational risk management across the business. Triline’s Governance, Risk and Compliance (GRC) solution includes modules to support Simply with all regulatory and compliance obligations, including SMCR, third party management and overall risk management.
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Stellantis accelerates autonomous driving journey with acquisition of aiMotiveStellantis N.V. and aiMotive, a developer of advanced artificial intelligence and autonomous driving software, have announced that they have entered into an agreement for Stellantis to acquire aiMotive. This acquisition enhances Stellantis’ artificial intelligence and autonomous driving core technology, expands its global talent pool, and boosts the mid-term development of the all-new STLA AutoDrive platform.
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Volkswagen enters partnership with MILES Mobility to accelerate expansion of car sharing portfolioThe Volkswagen Group is driving forward its transformation into a mobility provider and is entering into a partnership with car sharing company MILES Mobility. In this regard, MILES Mobility has acquired UMI Urban Mobility International GmbH from Volkswagen Passenger Cars and with it the WeShare car sharing business and will integrate it into its existing portfolio. Both parties have agreed not to disclose the purchase price.
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FIS and Lombard partnership helps beat invoice processing challengesA successful collaboration between FIS and Lombard, NatWest Bank’s asset finance specialist, has resulted in an AI solution which is set to transform invoice-to-pay workflow and the customer experience in asset finance. FIS Invoice Manager uses artificial intelligence (AI) to accurately capture data from invoices and is specifically trained for the AP workflow in vehicle and equipment finance. It integrates seamlessly with FIS Asset Finance as well as existing invoice-to-pay processes.
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Northgate partners with Monta to power the EV ecosystem for its rental customersNorthgate has partnered with EV charging platform, Monta, to power up its new electric vehicle (EV) and charger bundle package. 12months+ rental customers who take an EV and charger package will now have full access to the Monta app and platform.
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Freedom Finance partners with ExperianFreedom Finance, one of the UK’s digital marketplaces for consumer credit, has integrated its platform with Experian’s Marketplace lender panel. The partnership gives customers immediate access to seven new brands, complementing its existing direct connections to lenders and paves the way for even further expansion for loans and credit cards.
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Licence Check launches new fleet management solution DAVIS Fleet+Licence Check has launched Fleet+, a new analytical fleet management solution within its DAVIS platform, designed to provide fleet managers with actionable and insightful management information from a continuous stream of data variables to help them manage their fleets in a more cost effective, risk efficient and sustainable manner.
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Street Fleet launch to simplify the electrification of vehicle fleetsStreet Fleet is launching a new end-to-end fleet transition offering, using data analytics to optimise the shift to electric fleet vehicles with on-street charging infrastructure, located to meet each client’s needs.
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Alfa - Digital Directions 3
Three technology topics that auto and equipment finance CTOs most want to discuss when they meet up at the Asset Finance Connect conference in London
Simply invests in regtech provided by Ansarada TriLine GRC
Stellantis accelerates autonomous driving journey with acquisition of aiMotive
Volkswagen enters partnership with MILES Mobility to accelerate expansion of car sharing portfolio
FIS and Lombard partnership helps beat invoice processing challenges
Northgate partners with Monta to power the EV ecosystem for its rental customers
Freedom Finance partners with Experian
Licence Check launches new fleet management solution DAVIS Fleet+
Street Fleet launch to simplify the electrification of vehicle fleets
