Pandemic reveals technology as key priority for US SMEs going forward, says new study from CIT

Middle market (MM) and small businesses (SB) based in the US are waking up to the value of technology investment, facilitating remote work and maintaining a tech-savvy workforce to make it all happen, says a new survey from CIT Group. According to the survey, some 89% of SBs and 97% of MMs remained open when the pandemic hit, albeit often in a limited capacity with reduced hours, or a reduced workforce as found by 47% of SBs and 62% of MMs. In addition, 61% of MMs in 2020 strongly agree that continuous technological investment is a business need compared to 47% in 2019. This sentiment is mirrored with SBs, where 81% agree technological investment is an ongoing business requirement.

Pandemic reveals technology as key priority for US SMEs going forward, says new study from CIT

Sep 17, 2020

Middle market (MM) and small businesses (SB) based in the US are waking up to the value of technology investment, facilitating remote work and maintaining a tech-savvy workforce to make it all happen, says a new survey from CIT Group. According to the survey, some 89% of SBs and 97% of MMs remained open when the pandemic hit, albeit often in a limited capacity with reduced hours, or a reduced workforce as found by 47% of SBs and 62% of MMs. In addition, 61% of MMs in 2020 strongly agree that continuous technological investment is a business need compared to 47% in 2019. This sentiment is mirrored with SBs, where 81% agree technological investment is an ongoing business requirement.

NETSOL launches NFS Ascent for Start-ups in the UK and Europe with ‘pay as you grow’ pricing model

NETSOL Technologies, the global provider of IT solutions for the asset finance and leasing industry, has launched a new version of its software to support start-ups in the asset finance and leasing industries. NFS Ascent for Start-ups provides a Software-as-a-Service (SaaS) platform to growing companies in the UK and Europe. It comes pre-configured, although it can be tailored to the customer’s requirements, while new features can be unlocked as the business expands.

NETSOL launches NFS Ascent for Start-ups in the UK and Europe with ‘pay as you grow’ pricing model

Sep 17, 2020

NETSOL Technologies, the global provider of IT solutions for the asset finance and leasing industry, has launched a new version of its software to support start-ups in the asset finance and leasing industries. NFS Ascent for Start-ups provides a Software-as-a-Service (SaaS) platform to growing companies in the UK and Europe. It comes pre-configured, although it can be tailored to the customer’s requirements, while new features can be unlocked as the business expands.

UK government promotes digitalisation with new National Data Strategy

The UK Government has launched a National Data Strategy to stimulate wider adoption and use of data-based services in the wake of the Covid-19 pandemic. Announced by digital secretary Oliver Dowden (pictured), it includes a series of “priority missions” for the Government to exploit digital transformation and economic opportunities.

UK government promotes digitalisation with new National Data Strategy

Sep 11, 2020

The UK Government has launched a National Data Strategy to stimulate wider adoption and use of data-based services in the wake of the Covid-19 pandemic. Announced by digital secretary Oliver Dowden (pictured), it includes a series of “priority missions” for the Government to exploit digital transformation and economic opportunities.

Onguard introduces machine learning to predict payment behaviour

Fintech company Onguard is collaborating on a new service to be launched next year that will use machine learning to predict customer payment behaviour. The new platform will combine historical data from Onguard’s software, external debtor information from business data expert Altares Dun & Bradstreet and a machine-learning based scorecard from Quantforce, based on invoice and payment history. Debtors can be ranked in order of the risk of non-payment, which enables finance companies to introduce planning at an early stage using automated workflows.

Onguard introduces machine learning to predict payment behaviour

Dec 02, 2019

Fintech company Onguard is collaborating on a new service to be launched next year that will use machine learning to predict customer payment behaviour. The new platform will combine historical data from Onguard’s software, external debtor information from business data expert Altares Dun & Bradstreet and a machine-learning based scorecard from Quantforce, based on invoice and payment history. Debtors can be ranked in order of the risk of non-payment, which enables finance companies to introduce planning at an early stage using automated workflows.

NETSOL secures $4 million contract with UK vehicle finance company

NETSOL Technologies has signed a new multi-million-dollar contract with a large independent used vehicle finance company in the UK. The UK contract will include the implementation of NETSOL's NFS Ascent wholesale finance platform and is expected to be worth $4 million. The name of the client is not being made public.

NETSOL secures $4 million contract with UK vehicle finance company

Jul 29, 2019

NETSOL Technologies has signed a new multi-million-dollar contract with a large independent used vehicle finance company in the UK. The UK contract will include the implementation of NETSOL's NFS Ascent wholesale finance platform and is expected to be worth $4 million. The name of the client is not being made public.

Sopra Banking Software reshapes for future growth as part of rebrand

Sopra Banking Software has reshaped its business under a new corporate identity as it positions itself for future growth. Sopra Banking Software now offers two platforms for two key markets. The Sopra Banking Platform serves retail and corporate banks with a digital banking platform, while the Sopra Financing Platform will support specialised finance institutions. It will integrate APAK WFS and Cassiopae.

Sopra Banking Software reshapes for future growth as part of rebrand

Sep 11, 2020

Sopra Banking Software has reshaped its business under a new corporate identity as it positions itself for future growth. Sopra Banking Software now offers two platforms for two key markets. The Sopra Banking Platform serves retail and corporate banks with a digital banking platform, while the Sopra Financing Platform will support specialised finance institutions. It will integrate APAK WFS and Cassiopae.

Software usage back to pre-COVID levels as fleets go digital

Fleet software usage has returned to pre-pandemic levels according to Fleetcheck. The company, which specialises in fleet management software, said the majority of users active before mid-March had resumed using its platform, and the number of processed tasks was “at levels that could be described as normal”. It said more than 100 new customers had begun using its system during lockdown and suggested an increasing number of fleets had used the time to digitize their operations.

Software usage back to pre-COVID levels as fleets go digital

Sep 01, 2020

Fleet software usage has returned to pre-pandemic levels according to Fleetcheck. The company, which specialises in fleet management software, said the majority of users active before mid-March had resumed using its platform, and the number of processed tasks was “at levels that could be described as normal”. It said more than 100 new customers had begun using its system during lockdown and suggested an increasing number of fleets had used the time to digitize their operations.

Evolve IT infrastructure or risk falling behind, warns new research from Riverbed

With remote working set to continue for the foreseeable future, the change in consumer behaviour and revenue reductions, some 44% of finance business decision makers state that slow running and outdated technology is currently impacting their businesses’ ability to commercially develop, says a new report from IT company, Riverbed. The research highlights the significant need for financial organisations to invest capital in next generation solutions that deliver visibility into IT performance, boost productivity, ensure business resilience and aid with the long-term economic recovery of the UK. Furthermore, 90% of IT decision makers (ITDMs) and 86% of business decision makers (BDMs) in the financial sector see digital performance as vital to business growth.

Evolve IT infrastructure or risk falling behind, warns new research from Riverbed

Aug 28, 2020

With remote working set to continue for the foreseeable future, the change in consumer behaviour and revenue reductions, some 44% of finance business decision makers state that slow running and outdated technology is currently impacting their businesses’ ability to commercially develop, says a new report from IT company, Riverbed. The research highlights the significant need for financial organisations to invest capital in next generation solutions that deliver visibility into IT performance, boost productivity, ensure business resilience and aid with the long-term economic recovery of the UK. Furthermore, 90% of IT decision makers (ITDMs) and 86% of business decision makers (BDMs) in the financial sector see digital performance as vital to business growth.

EVs and robotics primed to revolutionise agriculture industry, says IDTechEx

Now is the time for electric vehicles to break into the agricultural market, explains a new report from IDTechEx named “Electric Vehicles and Robotics in Agriculture 2020-2030”. Encompassing the agricultural industry – including farming and forestry – in the form of the commercial and societal impact of hybrid and pure electric vehicles and robotics. The introduction lays out the various challenges and requirements of making electric vehicles more widespread in the sector and details the emerging types of powertrain and which ones are becoming favoured in agriculture.

EVs and robotics primed to revolutionise agriculture industry, says IDTechEx

Aug 24, 2020

Now is the time for electric vehicles to break into the agricultural market, explains a new report from IDTechEx named “Electric Vehicles and Robotics in Agriculture 2020-2030”. Encompassing the agricultural industry – including farming and forestry – in the form of the commercial and societal impact of hybrid and pure electric vehicles and robotics. The introduction lays out the various challenges and requirements of making electric vehicles more widespread in the sector and details the emerging types of powertrain and which ones are becoming favoured in agriculture.

Q2 technology accelerates financial support for companies amid COVID-19 crisis

Technology is playing a vital role in accelerating the delivery of much-needed funds to businesses during the Coronavirus pandemic. With experts warning that small businesses face a potential cash crisis in the coming months, it is vital to enable swift processing of loan and finance applications. Traditional lenders have come under fire for delays in processing claims, but agile lenders that have invested in modern technology are able to respond to requests much more quickly.

Q2 technology accelerates financial support for companies amid COVID-19 crisis

Aug 21, 2020

Technology is playing a vital role in accelerating the delivery of much-needed funds to businesses during the Coronavirus pandemic. With experts warning that small businesses face a potential cash crisis in the coming months, it is vital to enable swift processing of loan and finance applications. Traditional lenders have come under fire for delays in processing claims, but agile lenders that have invested in modern technology are able to respond to requests much more quickly.

The rise of cloud-based servitised-tech in manufacturing set to overturn legacy systems, reveals InfinityQS

As the manufacturing sector continues to adopt innovative Software-as-a-Service (SaaS) technologies as a result of the pandemic, some 74% are optimistic towards the future, reveals InfinityQS’ latest Global Client Survey. The sector is particularly dependent on manual processes and legacy technologies and the pandemic has served as a significant wake-up call. Over the past few months, it has been crucial to pick up new processes for managing production and controlling quality, and 75% of respondents to the survey noted that more of their workers are now operating remotely. For example, cloud computing has been implemented in many cases as a method of combating the challenges of remote working and to build greater flexibility and resilience into their processes.

The rise of cloud-based servitised-tech in manufacturing set to overturn legacy systems, reveals InfinityQS

Aug 19, 2020

As the manufacturing sector continues to adopt innovative Software-as-a-Service (SaaS) technologies as a result of the pandemic, some 74% are optimistic towards the future, reveals InfinityQS’ latest Global Client Survey. The sector is particularly dependent on manual processes and legacy technologies and the pandemic has served as a significant wake-up call. Over the past few months, it has been crucial to pick up new processes for managing production and controlling quality, and 75% of respondents to the survey noted that more of their workers are now operating remotely. For example, cloud computing has been implemented in many cases as a method of combating the challenges of remote working and to build greater flexibility and resilience into their processes.

3stepIT set to support businesses struggling post-pandemic to deploy new IT devices

Sustainable technology lifecycle management solutions provider 3stepIT has announced a new support service to help businesses struggling operationally as a result of the pandemic deploy new IT devices and save 15% off cash price. As many businesses stretching annual IT budgets and struggling to meet unforeseen costs, the campaign is designed to aid in the transition of employees working in new workspace environments – often from home – as a result of the pandemic.

3stepIT set to support businesses struggling post-pandemic to deploy new IT devices

Aug 17, 2020

Sustainable technology lifecycle management solutions provider 3stepIT has announced a new support service to help businesses struggling operationally as a result of the pandemic deploy new IT devices and save 15% off cash price. As many businesses stretching annual IT budgets and struggling to meet unforeseen costs, the campaign is designed to aid in the transition of employees working in new workspace environments – often from home – as a result of the pandemic.

James Tew tells of iVendi’s integration with CitNOW, and how post-crisis dealers are struggling with trade-ins and VAPs

A new range of finance options are set to be launched straight from dealership online videos following a new integration between online motor retail technology provider iVendi and video solutions provider CitNOW. Currently being made available to customers using both CitNOW and iVendi’s CONVERT solution, dealers are able to configure three types of link with consumers alongside any video they send to a potential car or van buyer:

James Tew tells of iVendi’s integration with CitNOW, and how post-crisis dealers are struggling with trade-ins and VAPs

Aug 13, 2020

A new range of finance options are set to be launched straight from dealership online videos following a new integration between online motor retail technology provider iVendi and video solutions provider CitNOW. Currently being made available to customers using both CitNOW and iVendi’s CONVERT solution, dealers are able to configure three types of link with consumers alongside any video they send to a potential car or van buyer:

Software-as-a-Service provider Quotevine agrees new four-year contract with 1pm plc

Quotevine, the auto, asset and consumer finance platform provider, has agreed a four year renewal for its systems with independent SME finance specialist 1pm plc. The new deal replaces a two-year rolling contract and comes after Quotevine met key targets for its Software-as-a-Service offering. The relationship between the two companies began in 2017, when 1pm plc approached Quotevine to help build a single platform to service various financial products.

Software-as-a-Service provider Quotevine agrees new four-year contract with 1pm plc

Aug 11, 2020

Quotevine, the auto, asset and consumer finance platform provider, has agreed a four year renewal for its systems with independent SME finance specialist 1pm plc. The new deal replaces a two-year rolling contract and comes after Quotevine met key targets for its Software-as-a-Service offering. The relationship between the two companies began in 2017, when 1pm plc approached Quotevine to help build a single platform to service various financial products.

NETSOL supports industry recovery with three major new contracts

NETSOL Technologies, the global provider of IT solutions for the asset finance and leasing industry, has signed three multi-million-dollar contracts as it supports the industry’s recovery from the global Coronavirus pandemic. The contracts will see deployments in the UK and North America. Executives at NETSOL say its recent success reflects its ability to adapt to change and continue to help its customers through challenging times.

NETSOL supports industry recovery with three major new contracts

Aug 10, 2020

NETSOL Technologies, the global provider of IT solutions for the asset finance and leasing industry, has signed three multi-million-dollar contracts as it supports the industry’s recovery from the global Coronavirus pandemic. The contracts will see deployments in the UK and North America. Executives at NETSOL say its recent success reflects its ability to adapt to change and continue to help its customers through challenging times.