Traditional banks consider ways to reach customers left behind by the digital shift
- 7 years 1 month ago
- Banking
Banks must seek an alternative to branch closures, as only 23 per cent of rural residents are using mobile banking, according to the FCA. The FCA surveyed 13,000 people and found that only 23 per cent of rural residents use mobile banking and 54 per cent use internet banking, compared to the 45 per cent and 78 per cent respectively in urban areas.
Commerzbank joins Enterprise Ethereum Alliance
- 7 years 1 month ago
- Blockchain, Banking
The Alliance is a global blockchain consortium for cross-industry cooperation Commerzbank has already carried out several pilot transactions based on blockchain
BNP Paribas Asset Management selects Link Asset Services as debt servicer for new SME Alternative Financing platform
- 7 years 1 month ago
- Transaction Banking, Asset Management, Investment Management
BNP Paribas Asset Management (BNPP AM) has appointed Link Asset Services as the debt servicer for its new SME Alternative Financing platform. The SME Alternative Financing platform, currently operational in the UK, will invest through direct loans to finance ambitious projects for SME companies, complementing lending by domestic commercial banks to finance their growth. The platform has already successfully closed its first loan in the UK.
Databarracks warns to be prepared for 'partial failure' in IT infrastructure
- 7 years 1 month ago
- Security
Visa’s letter to the Treasury Select Committee, documenting details behind the recent outage which left millions of people unable to complete card transactions, reinforces a critical challenge that organisations face when exposed to a ‘partial failure’ of IT infrastructure. This is according to Peter Groucutt, managing director of Databarracks.
Nets enters into partnership with OP’s Pivo Mobile Wallet
- 7 years 1 month ago
- Payments
21st June 2018 - OP Financial Group’s Pivo Wallet Oy and Nets are joining forces to pilot mobile payments in Finland. The two companies have signed a letter of intent to make Pivo available for Finnish Nets merchants, both in-store and online. Pivo users will also have access to a new e-receipt functionality within the app.
2Checkout’s 2018 Digital Commerce Benchmark Reflects Continuous Upward Trend for Subscription-Based Sales and Regional Variations in Payments Preferences
- 7 years 1 month ago
- Payments
Report data reflects the continuous dominance of subscriptions, currently at 76% of transactions. Local payment methods prevalent in several markets around the world.
One individual fined every week for misconduct
- 7 years 1 month ago
- Data
Corlytics puts global conduct of business under the microscope · On average, at least one individual has been fined for misconduct every week for the last six years · Disclosure and communications are the major root cause of misconduct penalties making up 40% of the number of fines, and 77% of value of fines over last six years · Weekly fines given to individuals for misconduct are set to further increase as more regulations...
Rainmaker Solutions expands into US, appoints country MD
- 7 years 1 month ago
- Infrastructure
Fast growing UK business and digital transformation specialist, Rainmaker Solutions, is expanding into the United States and has enlisted business and technology executive, Patrick Andersson, as managing director for the region.
Global Shop Solutions Celebrates 25-Year Anniversary of Erika Klein, Vice President of R&D
- 7 years 1 month ago
- People Moves
Global Shop Solutions is proud to celebrate 25 years of ERP software excellence under the leadership of Vice President of R&D Erika Klein. As the daughter of Dick Alexander, founder of Global Shop Solutions, Klein has lived and breathed the company since she was a young girl. From joining her parents at the office after school, to running our R&D department of nearly 100 people, Klein has been a visionary in 40+ years of company success...
Addison Lee Employment Appeal Tribunal against driver's employment classification set for Thursday 21 June
- 7 years 1 month ago
- Management
One would hope after the high level of employment tribunal victories centring around precarious, gig and bogus self-employment that companies, apps and investors would have learned by now, said GMB London On Thursday 21st June, an appeal from Addison Lee will be heard in an Employment Appeal Tribunal against the ruling last September that Addison Lee’s drivers where to be classified as workers.
UK financial services are afraid of skills shortage
- 7 years 1 month ago
- Consultancy
New research shows issues that are keeping financial services directors awake at night Tightened regulatory controls, new business processes and employee training are key worries, say financial services directors
Deutsche Bank moves reconciliation services to SmartStream
- 7 years 1 month ago
- Banking
As part of its transformation strategy, Deutsche Bank has selected SmartStream Technologies’ Centre of Excellence (CoE) to provide an off-site operations platform - including three services which will allow the bank to streamline, simplify and reduce the costs of its reconciliations environment.
Adobe Delivers New Adobe Sign Innovation; Advances Microsoft Partnership
- 7 years 1 month ago
- Cloud
Adobe (Nasdaq:ADBE) today announced powerful new enhancements to Adobe Document Cloud with advancements for Adobe Sign and new PDF integrations across Microsoft Office 365. Adobe Sign is now more deeply integrated with Microsoft Dynamics 365, providing real-time access to customer details from LinkedIn Sales Navigator and more automated sales processes. Adobe Sign is now also the first Cloud Service Provider in the industry to receive FedRAMP ...
Gartner Survey Finds Employee Engagement a Top Concern Affecting Customer Experience
- 7 years 1 month ago
- Infrastructure
Employee engagement has surfaced as a major concern in delivering improvements in customer experience (CX), with 86 percent of CX executives in a Gartner, Inc. survey ranking it as having an equal or greater impact than other factors such as project management and data skills.
Insurance AI and Analytics USA 2018 - Updated Attendee Information Released
- 7 years 1 month ago
- Artificial Intelligence, Insurance
With over 400 senior executives registered, the agenda complete, and Gold Tickets sold out, Insurance Nexus have realised more details regarding the upcoming Insurance AI and Analytics USA Summit (June 27-28, Chicago).
