On 4 December, Alvantia attended the Degree Award Ceremony for the 2018/2019 academic year held at the Campus Sur auditorium of the Polytechnic University of Madrid, opened by the chancellor of the UPM, Guillermo Cisneros.
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Alvantia studies the current status of Confirming at its 4th Working Breakfast with the AEF
On November 21st , Alvantia held its now traditional Working Breakfast at the Hotel Intercontinental with the Spanish Factoring Association (AEF). It is an informative event which aims to contribute to the development of the Factoring and Confirming industry.
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Meta algorithms and base models in Machine Learning
A traditional, basic approach in the problems of machine learning is to use a single determined algorithm or model in the implementation of a valid solution. This traditional method is based on creating a pipeline of all the processes that are covered by the development of this algorithm.
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Finalbion, at the forefront of innovation after implementing the Alvantia commercial financing software platform
Since September 1st, Fintech Finalbion moves to the avant-garde on innovation after implementing the Alvantia commercial financing platform into its own systems, backing up its disruptive business model with the most innovative technological solution on the market. Finalbion, who specializes in the financing of working capital, now operates under Alvantia platform, which has been implemented with huge success by Alvantia’s team and will be used by Finalbion from now on to manage their receivables and payables services, among others.
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Top Secret Rosies: six cool programmers
As we know, women currently have very little presence in technology companies. However, recent studies show that companies would yield a much greater profit if they were to achieve equality: for example, if the UK were to increase the number of women to 30%, its economy would grow by 11 billion.
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What risks does a Fintech run when publishing insecure web applications and how can it protect itself?
Imagine that one day the clients of a small firm in the financial sector, whose products operate and are contracted online, cannot access their accounts, make transfers or even access the website. And they encounter the theft of their money, fraudulent use of their cards, movements of money to unknown recipients or misuse of their personal data. Without a doubt, the company would run the risk of incurring very high costs in order to deal with the claims, investigate what happened, repair the damage caused, restore operations, compensate for damages to third parties, regain the trust of its customers, etc.
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Alvantia takes part in the 4th edition of the Supply Chain Finance Summit
On 24 and 25 January, for the fourth consecutive year, Alvantia took part in the Supply Chain Finance Summit meeting held at the Grand Hotel Krasnapolsky in Amsterdam, bringing together the leading companies in the Reverse Factoring sector. The event, organised by BCR Publishing, had an ambitious programme focused on the latest trends in the SCF industry.
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Fintechs: their relationship with traditional banking and regulatory authorities
As we saw previously in the first post, Fintechs (business players that combine ICT and finance) undoubtedly offer multiple advantages to consumers by positioning them at the heart of financial products and services. However, some concerns are arising with regards to regulation, supervision, compliance and security.
Payment methods: the revolution is in the 15%
There is a symbiotic relationship between payment methods and economic activity: the evolution of means of payment has historically favoured economic development, and similarly, the evolution of economic activity has led to the modernisation of means of payment.
Cash is the most popular means of payment worldwide, used in 85% of all transactions. However, despite the overwhelming prevalence of cash as a payment method, it is slowly declining. And that 15% of non-cash transactions (9.1% credit/debit cards and 4.6% direct debits/bank transfers) is where a disruption is now occurring which will affect the entire means of payment system.
