9Spokes Introduces Automated Cashflow Tool for Financial Organizations

9Spokes, a leading global data platform, announced the launch of its new Cashflow forecasting product, an advanced tool designed for integration within the digital platforms of financial organizations. This new offering provides small and medium-sized businesses (SMBs) with automated, predictive cashflow management and forecasting capabilities. A recent study highlighted that 70% of SMBs operate with less than four months of cash reserves, with 60% spending upwards of five hours weekly managing multiple cash flow tools. 9Spokes’...

Zero Circle, Epic River launch alliance to accelerate Green Financing

Epic River and Zero Circle unveiled an alliance to integrate their digital platforms, aiming to accelerate the process of securing green financing. This collaboration brings together Epic River’s lending-as-a-service platform, which connects financial institutions with unique and local community lending opportunities, and Zero Circle’s green finance marketplace, designed to streamline access to green capital for mid-tier organizations. Epic River’s platform, known for supporting online applications, electronic signing, and remote ID verification and notarization, will now...

Digital Platforms Fortify Banks Against Rising Competition

Traditional banks continue to adopt modular, cloud-based architectures to meet customer demand for easy digital experiences, ISG Provider Lens™ report says, Banks still using legacy technologies are continuing to move toward modern digital platforms to better compete with emerging rivals, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2023 ISG Provider Lens™ Digital Banking Technology and Platforms global report finds...

Metromile and Tokio Marine Expand Partnership to Transform Claims

Metromile, the first insurance carrier powered by machine learning, today announced that Tokio Marine Group deployed the digital, first notice of loss product Metromile REPORT across its $13 billion auto insurance book. With Metromile REPORT, Tokio Marine expects to significantly improve customer claims by enabling drivers to report accidents online and through its app. “Metromile uses world-leading technology to provide a more sophisticated and personalized approach for its customers. By incorporating its technology into our claims service,...

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