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Kraaft聽has raised $3.7 million to bring its construction-sector messaging app to new industries.According to a聽repo
stanley cup rt聽Wednesday Oct. 4 by EU Startups, the French company will use the funds to develop its product and expand into new geographies and markets. Eighty percent of the worlds population doesnt work behind a computer, and messaging is eating the world! WhatsApp is brilliant because its so simple to use for people in the field, said Co-founder Marc N猫gre, whose LinkedIn profile calls his company WhatsApp for contractors. But its not enough, he told EU Startups. If you want to run your business effectively, you need to turn conversations into workflows. This is what Kraaft does, and we believe it can be applie
stanley germany d to many industries, be it in construction, manufacturing, retail or agriculture.The funding round comes at a moment when many construction firms are bolstering their technology to upgrade operations a
stanley hrnek nd become more resilient.As reported here earlier this year, PYMNTS Intelligence found that 30% of these companies had invested in time and cost-saving tech to prepare for a possible recession.This includes technology to accelerate payments, reduce financing costs and streamline back-office processes 鈥?solutions that alleviate common pain points in the construction trade, according to the January/February edition of the聽 B2B and Digital Payments Tracker庐, 聽a PYMNTS and American Express collaboration.Last month saw construction operations platform聽Trusstor聽debu Gaxu Big Business Picks Its Presidential Candidate (Kind Of)
In the movement toward cross-border and FX transparency, Bi
stanley cup g Data can play a big role 鈥?but only if finance exec
stanley us utives can use that data quickly and effectively.To that end, SWIFT has launched the SWIFT Watch Banking Analytics Premium platform, through which banks can sift through the constant deluge of data to analyze payments data, in an effort to realize new revenue opportunities and reduce costs. The Premium service is part of the firms Watch for Banking Services reporting and analytical technology.Astrid Thorsen, who heads business intelligence solutions at SWIFT, told PYMNTS that financial institutions are inundated with information, at times so much so that it is hard to pinpoint just what it all means. Much of that data is unstructured, she said, and there is a real need for banks to get not just insight but the right insight into how they are functioning in the industry and how they compare versus peers. Key to the new analytics service is the ability to look within mes
stanley cup sage content to examine where improvements can be made, said Thorsen. Examining messaging content can help strengthen payments speed and find where inaccuracies can be addressed. Most [messaging] flows are automated, but there are exceptions, said Thorsen, as she noted that some financial institutions do not choose automated messaging for some payments functions.The Analytics Premium tool, said Thorsen, offers the ability to track and ensure that the right messaging is applied for the correct purp
