AUCKLAND, New Zealand, May 1, 2024 /PRNewswire/ — 9Spokes, a data platform that specializes in integrating and aggregating business and financial data, today announced the launch of its multi-bank feature, a significant advancement in financial transparency and access for small and medium-sized businesses (SMBs). This new feature provides SMBs with a consolidated view of their financial accounts across multiple institutions and service providers, aligning with the global movement towards open banking and open data.

With over 45% of SMBs managing their finances through multiple financial providers, the necessity for seamless access to broad financial data is crucial. The multi-bank view by 9Spokes addresses this challenge by giving SMBs, which make up over 90% of businesses in the US and UK, an integrated snapshot of their financial landscape.

“Understanding the complete financial picture of SMB customers can be a significant challenge,” said Kevin Phalen, Executive Chairman at 9Spokes. “Our multi-bank view harnesses the power of open data to provide a holistic view of financial statuses, empowering businesses and financial providers alike with the information needed to make informed decisions.”

This feature is poised to change how financial services are provided to SMBs, offering benefits that include:

• Enhanced Customer Insight: Provides a deeper understanding of SMBs’ financial needs by consolidating financial data from multiple sources.
• Personalized Services: Allows for the delivery of customized financial products and advice tailored to each customer’s unique financial situation.
• Increased Efficiency: Streamlines the data collection and analysis process, freeing up resources for innovation and improved service delivery.

This feature not only simplifies financial management for SMBs but also enhances the abilities of financial institutions and fintech companies to perform more effective risk assessments and customize their offerings accordingly.

For more information about the multi-bank feature or to learn more about 9Spokes, please visit www.9spokes.com/

About 9Spokes
9Spokes is a global data platform that supports financial institutions and fintech firms worldwide. By aggregating consented business data from a variety of sources, 9Spokes helps businesses harness powerful tools for better financial management and strategic decision-making, driving transformation within the financial sector.

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BELGRADE, Serbia, May 1, 2024 /PRNewswire/ — A news report by xinhuanet:  

Serbian President Aleksandar Vucic said on Tuesday that Chinese President Xi Jinping’s upcoming state visit is not only a major diplomatic event for Serbia, but also a major event that is worthy of the joy of all Serbian people.

While expressing his belief that Xi’s visit will bring new hope to Serbia’s development, the president said: “I am very much looking forward to President Xi’s visit.”

Vucic made the remarks when meeting with visiting President of Xinhua News Agency Fu Hua in Belgrade.

Noting that China is Serbia’s “iron-clad friend” and the exchanges between the two countries are fully candid and open, Vucic said Serbia will never forget the assistance from the Chinese people, adding that he believes Xi will feel the warmth and friendliness of the Serbian people during his visit.

The Serbian president spoke highly of the contributions made by the HBIS Serbia steelworks in Smederevo to Serbia’s economic development, China’s assistance to Serbia in the fields of medicine and healthcare during the COVID-19 pandemic and China’s support for Serbia on international multilateral occasions.

Serbia firmly supports China’s position on safeguarding its core interests and major concerns, Vucic stressed.

On the Taiwan question, Vucic said Serbia firmly upholds the one-China principle and supports China in safeguarding its sovereignty and territorial integrity.

Regarding media exchanges, Vucic highly valued the cooperation between Xinhua News Agency and Serbia’s Tanjug News Agency and other media outlets, saying that such exchanges enable the Serbian media to learn from the experience of their Chinese counterparts and allow the Serbian people to better understand China, so as to promote mutual learning and experience sharing between the two countries.

Fu said that under the strategic guidance of President Xi and President Vucic, China-Serbia relations have witnessed vigorous development despite changes in the international landscape, setting a good example of friendly relations between China and European countries.

He also said he expects the meeting between the two heads of state to draw a new blueprint for China-Serbia exchanges and cooperation and to add new luster to the “iron-clad friendship” between the two countries in the new era.

Moreover, Fu said Xinhua stands ready to work with its Serbian counterparts to further deepen exchanges and cooperation, tell well the stories of China-Serbia friendship and comprehensively showcase the bright prospects of bilateral relations in the new era through high-quality and multidimensional news reports and think tank research.

Xinhua will also firmly act as an envoy of China-Serbia friendship and create a positive public opinion atmosphere for deepening bilateral cooperation in various fields to better benefit the peoples of the two countries, Fu added.

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Latest Agreement Highlights Orion’s Commitment to Digital Transformation in Africa

EDISON, N.J., May 1, 2024 /PRNewswire/ — Orion Innovation (“Orion”), a leading digital transformation and product development services firm, is excited to announce it has signed a deal with BNI Madagascar to revolutionize the bank’s digital banking experience for their customers. As part of the agreement, Orion will implement Temenos’ cloud-based core banking platform into BNI’s operations, modernizing its product portfolio to bring customers personalized, digital-first banking solutions. 

As the nation’s premier banking network, BNI MADAGASCAR stands as a pivotal entity in the national banking sector with the most extensive network spread across all 23 regions of the country. As a leader in banking coverage, we also aim to transform the industry through an innovative and scalable digital ecosystem.

Alexandre Mey, CEO of BNI MADAGASCAR, states, “We are committed to reinforcing our leadership in the banking sector while steering the digital revolution in Madagascar. Our vision is to create an integrated banking ecosystem that not only meets the current market needs but also anticipates them.”

Thibault Huvelle, Head of Digital at BNI MADAGASCAR, adds, “By advancing towards a comprehensive digital ecosystem, we are transforming every digital interaction into an exceptional customer experience. We work closely with cutting-edge external partners like Orion, to ensure that our solutions are advanced and tailored to the specific needs of the Malagasy market. It marks a new era for banking, where technology continually enriches the user experience.”

BNI Madagascar, a banking and financial services corporation, is embarking on a digital modernization journey for both Small/Medium-sized enterprises and retail customers. Orion’s suite of digital services and technology solutions will empower BNI to modernize legacy systems, design innovative products, and tap into new business opportunities. This deal marks a significant achievement for Orion in the region and reaffirms our commitment to investing in Africa’s digital transformation journey, enabling a unified banking experience across various touchpoints, spanning online banking, mobile banking, and in-branch services.

“This is another deal that continues our success in Africa and the Middle East as we expand our services in the region,” says Suchen Janjale, Orion’s Head of Financial Services in Europe. “Our strong track record for providing banking transformations is what motivated BNI to select Orion as their trusted partner for their modernization efforts.”

“This partnership with BNI is a testament to our dedication to revolutionizing digital banking experiences in Africa. Our comprehensive offerings around Temenos and our regional presence position us well to ensure a successful digital transformation journey for BNI. This milestone underscores our commitment to driving innovation and growth in Africa’s financial landscape,” said Anoop Gala, EVP & Orion’s Global Head of Financial Services.

About Orion Innovation 

Orion Innovation (“Orion”) is a leading digital transformation and product development services firm. Rooted in engineering and design thinking, along with a unique combination of agility, scale and maturity, its team of approximately 6,400 associates helps Fortune 1000 companies improve efficiencies, enhance customer experiences, and develop new digital offerings. Through its delivery centers in North America, EMEA, India and Latin America, Orion serves clients across Hi-Tech, Telecom & Media, Sports & Entertainment, Professional Services, Financial Services, and Healthcare industries. For more information, visit www.orioninc.com.

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