LONDON, Sept 20, 2023 (GLOBE NEWSWIRE) — XBP Europe, announced today that it is a finalist in this year’s Pay360 awards in the category: Best Use of Payments Data or AI in Financial Services. A panel of over 65 judges selected the XBP Europe solution from a large number of entrants. In October, winners will be announced.
XBP Europe is being recognised as a finalist in the Pay360 awards for their innovative solutions in the category of “Best Use of Payments Data or AI in Financial Services.” The company’s extensive experience and expertise in seamless bills and payments processes are clearly reflected in their achievement.
This nomination underscores the company’s commitment to leveraging cutting-edge technologies like AI and data analytics to optimise payment processes and enhance business operations. The fact that they’ve been selected as a finalist by a panel of judges speaks volumes about the quality and impact of their solutions.
XBP Europe’s focus on delivering solutions that enhance liquidity for customers is particularly relevant in today’s financial landscape, where seamless and efficient transactions are paramount. The blend of technology and human expertise to support bill processing, payments, workflow automation, and intelligent document processing aligns well with the industry’s needs and demands.
The statement also touches on a common challenge faced by organisations: striking a balance between security requirements and frictionless transactions. The integration of predictive outcome AI to address issues like payment fraud and operational bottlenecks showcases XBP Europe’s forward-thinking approach to problem-solving.
Overall, XBP Europe’s accomplishments and future plans reflect their leadership in the business processing automation space, their commitment to innovation, and their ability to deliver valuable solutions to the financial services sector.
This occurred when the company was Exela Technologies.
