Backbase’s Smart Banking named Best of Show at Finovate Europe 2018
- 7 years 4 days ago
- Banking, Mobile Banking
For the fourth time, Backbase has received the Finovate ‘Best of Show’ award. Previously Backbase won ‘Best of Show’ at Finovate Europe in 2017, 2016, and 2014. Backbase, the omni-channel banking solution provider, launched their latest Smart Banking innovations at Finovate Europe 2018, the leading fintech innovation conference in Europe.
Corinium Global Intelligence Releases Their First Top 50 Data and Analytics Professionals (USA and Canada) Report
- 7 years 5 days ago
- Data
Corinium Global Intelligence has published a new report detailing and profiling 50 of the leading professionals in data and analytics at the C-suite level. As data and analytics continues to advance, today’s organizations must stay one step ahead with their data and analytics roadmap. With new and emerging technologies such as Artificial Intelligence, Process Automation and Blockchain now entering the mainstream organizations need to ensure they...
Governor Software Integrates FCA Handbook
- 7 years 5 days ago
- Infrastructure
Governor Software Ltd today announced it has obtained a licence from the FCA which will allow its clients to automatically link internal policies and controls to the Financial Conduct Authority (FCA) Handbook.
Banque du Caire signs Temenos 24 Core Banking
- 7 years 5 days ago
- Core Banking
Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that Banque du Caire has selected Temenos T24 Core Banking as part of its vision in becoming the region’s leading bank. Banque du Caire has chosen Temenos’ leading T24 Core Banking solution to replace its current solution. T24 will be deployed along with Temenos solutions for Channels, Financial Crime Mitigation, Front Office, Payments, and Risk &...
FICO offers safety tips for cardholders
- 7 years 5 days ago
- Banking, Security
There was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017, Silicon Valley analytic software firm FICO reported today. The number of compromised card readers at U.S. ATMs, restaurants and merchants rose 8 percent in 2017.
Atom bank raises £149m in latest fundraising round
- 7 years 5 days ago
- Banking, FinTech StartUps
Durham-based Atom bank has raised £149m in a round led by cornerstone investors BBVA and Toscafund. As part of this fundraising round BBVA will invest a further £85.4m in the 5-star rated (Trustpilot) bank, increasing its ownership to around 39% subject to regulatory and shareholder approval. Toscafund will invest £54.4m and is also increasing its stake in the bank. A number of Atom’s other existing shareholders are also supporting this raise.
Ocado launches AI-based fraud detection system for online orders powered by Google Cloud
- 7 years 5 days ago
- Artificial Intelligence, Security, Data Protection, Fraud Detection
Today Ocado Technology (the technology division of Ocado, the world's largest online only supermarket) is revealing the world's first AI-based fraud detection system for online grocery purchases. The new system relies on an advanced machine learning algorithm developed by Ocado Technology using TensorFlow and the power of Google Cloud.
VST Enterprises founder named Science and Tech Ambassador to Zimbabwe Government
- 7 years 5 days ago
- People Moves
Hon. Louis-James Davis, founder and CEO of Manchester-based consumer technology and security company, VST Enterprises, has been named as the new Science and Technology Ambassador to the Zimbabwean Government.
BNP Paribas Personal Finance streamlines customer communications with OpenText
- 7 years 5 days ago
- Infrastructure
OpenText™ (NASDAQ: OTEX, TSX: OTEX), the global leader in Enterprise Information Management (EIM), today announced that BNP Paribas Personal Finance, a subsidiary of the BNP Paribas Group specialising in consumer credit and mortgage lending, is using OpenText Exstream to assist in streamlining all of its communications flows exchanged with its customers.
SME Development Bank Malaysia Berhad Chooses Wolters Kluwer’s OneSumX for IFRS 9
- 7 years 5 days ago
- Risk Management
SME Development Bank Malaysia Berhad (SME Bank), the country’s development financial institution, has chosen Wolters Kluwer’s OneSumX to provide its software for managing International Financial Reporting Standard (IFRS) 9. The accounting standard replaces the IAS 39 standard and came into effect at the start of the year. It addresses classification and measurement, impairment methodology and hedge accounting.
NeoXam to support UOB’s FRTB and BCBS239 market data requirements
- 7 years 5 days ago
- Data Management
Today, NeoXam, a leading financial technology company, announces that it has been selected by United Overseas Bank (UOB) in Singapore to support its group wide market data management efforts in line with incoming regulations, such as FRTB (Fundamental Review of the Trading Book) and BCBS239 (Risk Data Aggregation and Reporting).
500+ Claims Executives Join the Innovation Revolution in Chicago at the Connected Claims USA Summit
- 7 years 5 days ago
- Infrastructure
More than 500 attendees are scheduled to meet in Chicago for the Connected Claims USA Summit, run by Insurance Nexus on May 21st & 22nd at the Sheraton Grand. The only conference dedicated to claims technology and innovation, keynote speakers include Ken Rosen, EVP and Chief Claims Officer, Allstate; Keith Daly, EVP and Chief Claims Officer, Farmers Insurance and BJ Treese, Managing Director for Emerging Property Products, Travelers.
Infosys opens Indianapolis technology and innovation hub
- 7 years 5 days ago
- IT Innovations, Infrastructure
Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today inaugurated its flagship technology and innovation hub in Indianapolis. In addition, the company announced that it has hired more than 2,500 American workers over the past year as part of its ongoing commitment to accelerate innovation for American enterprises.
Callsign wins competitive London heats of NTT DATA Open Innovation Contest 2018
- 7 years 5 days ago
- FinTech StartUps, IT Innovations
Callsign has beaten 10 other start-ups to win the London stage of NTT DATA’s 2018 Global Open Innovation Contest, and its team will now fly to Tokyo, Japan to compete against entrepreneurs from around the world in the competition’s Grand Finale. Contestants will be competing for the chance to win a three-month in-kind contribution to support the development of their proposed new business, and an opportunity to break into the highly innovative...
FinTech in South Africa: Accelerating the Digital Transformation of Banking & Financial Services
- 7 years 5 days ago
- FinTech StartUps, IT Innovations
Africa’s financial services landscape continues its dynamic evolution as the rapid growth of FinTech on the continent drives both the disruption and leapfrogging of legacy systems and further accelerates the digital transformation of financial services. In South Africa, the major banks are rapidly ramping-up their own innovation strategies and collaborating with new game-changing start-ups to drive efficiencies, make digital profitable and...
