Burns e-Commerce Solutions has secured $ 9m investment from HgCapital. The firm said that it will apply the new capital to accelerate product and market development. Trevor Bayley, Director of HgCapital, said ‘In spite of very tough market conditions for technology services companies, Burns has been able to adapt and grow. We believe it is now at the forefront of delivering electronic purchase-to-pay capabilities as a managed service. We are committed to the Burns business and plan, and believe that it has strong potential to achieve its forecast growth.’ Clients for Burns’ flagship Business eXchange service include BAA, Office Depot Viking and Balfour Beatty. Business eXchange is a low-cost managed service that enables companies to automate and integrate their entire purchase-to-pay process. Burns’ business model is based on transaction fees related to document volumes.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more