The Fintech Magazine Issue 17
Sep01

The Fintech Magazine Issue 17

In this of The Fintech Magazine, From a messenger bank for Gen Zers to a challenger inspired by hip-hop, our look at neobanks of the world in this issue is a refreshing, upbeat change from the news of the past few months. There’s an urgency and optimism about these newbies – some spun out of more traditional institutions, others born out of pure, entrepreneurial genius, that haven’t been blown off course by the pandemic, and some that...

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Insurance Industry Faces Extreme Challenge According to Extensive Global Report
Jan11

Insurance Industry Faces Extreme Challenge According to Extensive Global Report

Data from 240 insurance companies reveal 92% of insurers have yet to put their IFRS 17 solutions in place and 88% recognise they need to invest in new processes to support disclosure requirements. Aptitude Software has published its first bi-annual Global IFRS 17 Readiness Assessment Report (GIRA) to assist CFOs and their finance teams in addressing IFRS 17, the most significant change to insurance accounting that has ever taken...

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Retailers may Struggle to Comply with Impeding Accountancy Rules
Dec19

Retailers may Struggle to Comply with Impeding Accountancy Rules

Britain’s retailers look set to emerge, counter-intuitively, as the most exposed to lease commitments, according to analysis by Aptitude Software, a global financial software specialist. Aptitude Software estimates that 90% of UK High Street retailers will struggle to comply with the impending new lease accounting standards (IFRS 16) which come into effect in January 2019.  This is in part due to the sheer volume of leased assets...

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