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Liza Richardson – Subscription Based Revenue
Liza Richardson, VP, Solutions – Finance Transformation at Aptitude Software Limited, explains the consideration points, from an accounting perspective, on subscription based revenue streams.
“From an accounting perspective, it doesn’t really change anything, but what it does change is the need for automation.”
“When you take a subscription for something, usually it’s for a period of time. But with these accounts and things, not necessarily, because people open the account, and then they’re taking it for life really.”
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Para Announces REST API: The First Instant Wallet Infrastructure for Fintechs and Consumer Apps
Para, a company providing wallets and payments infrastructure for over 10 million users, has publicly launched its REST API. The software enables fintechs and consumer applications with existing userbases to integrate the security, speed, and utility of blockchain wallets without changing the app’s UI or asking users to onboard to new systems. This launch accelerates the convergence of traditional fintech and crypto by treating blockchain as background infrastructure to power consumer-first experiences, such as embedded wallet infrastructure and stablecoin payments.
Derivative Path and CloudMargin Announce Strategic Partnership to Deliver Integrated Derivatives and Collateral Management Solution
Derivative Path, a leading provider of cloud-based capital markets technology and risk management solutions, and CloudMargin, the only collateral and margin management solution purpose-built for the cloud, today announced a strategic partnership that will deliver a unified front-to-back workflow for over-the-counter (OTC) derivatives and collateral management. The collaboration enables seamless integration between Derivative Path’s DerivativeEDGE® platform and CloudMargin’s award-winning collateral management platform, enhancing operational efficiency and transparency for regional and community banks, and buy-side institutions.
AI Tipping Point Reached as Just 2% of Financial Institutions Report No AI Use, Finds Finastra Research
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Sikoia and HomeNow Partner to Simplify UK Home Ownership
London-based fintech Sikoia has announced a new partnership with HomeNow, a UK property finance provider offering a clear, affordable pathway to home ownership through FCA-regulated Home Purchase Plans (HPPs). As part of the partnership, Sikoia’s technology will be embedded directly within the HomeNow platform, automating critical verification processes and enabling a faster, more accessible, and fully compliant customer journey - helping renters turn monthly payments into a future deposit.
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