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Aditi Subbarao – Instabase – Money20/20 Europe 2023
Over at Money20/20 Europe 2023, we caught up with Aditi Subbarao, financial services industry lead at Instabase. Instabase enables organizations globally to apply advancements in AI to their most pressing and complex business problems. They use the power of their AI platform and workflow automation capabilities to solve the problem of intelligent document processing.
“I think the impact of [AI] is gonna be completely transformational. If you think about what financial services do, it’s essentially understanding processing and then acting upon huge swathes of data, whether that’s about your customer or about transactions or about the markets and so on.”
“AI and deep learning is a technology that finally enables financial services organisations to access all of that data from wherever it is that it might be, process it with speed and efficiency and then derive insights to be able to take the right actions on that data.”
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Platform Veteran Geoff Towers Joins Platform One Board
Geoff Towers, the CEO of multiple platforms throughout his career, has joined the Platform One board as a non-executive director.
Mastercard Advances Instant Cross-Border Payments with TIPS Cross-Currency Pilot
Mastercard today announced its participation in a Eurosystem-led pilot, conducted in collaboration with Danmarks Nationalbank and Sveriges Riksbank, on the TARGET Instant Payment Settlement (TIPS) platform, testing instant cross-currency payments (TIPS X-CCY). Participation in the pilot represents a key milestone in Mastercard’s strategy to build direct connectivity to payment infrastructures and demonstrates how instant cross‑border payments can be executed and settled instantly at infrastructure level.
PayAngel Expands Global Payout Capabilities Through Collaboration with Visa and Currencycloud
PayAngel (https://PayAngel.com), a cross-border payments platform built by migrants and shaped by a lived understanding of the migrant journey, today announced an expanded collaboration with Visa, a world leader in digital payments. Leveraging Currencycloud, a Visa Direct solution, PayAngel will strengthen its multicurrency account and international payout capabilities.
Ryan Expands Global Presence and European Reach Through Acquisition of Svalner Atlas Advisors
Ryan, LLC (“Ryan”), a leading global tax services and software provider, today announced it has entered into a definitive agreement to acquire Svalner Atlas Advisors, a premier independent tax and transaction advisory firm headquartered in Stockholm, Sweden. The acquisition will expand Ryan’s presence across the Nordics and Benelux regions while enhancing the Firm’s ability to deliver integrated cross-border tax and advisory services throughout Europe.
Silverflow Accelerates Post-Series B Growth with New Amsterdam HQ and 20% Headcount Increase
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