Big Data made simple
- 7 years 2 months ago
- Big Data
We are now creating more data in every two days than was created from the dawn of civilisation all the way up to 2003 (a figure in the area of five exabytes or 5 trillion megabytes). This has led to a lot of talk around 'Big' data. And with it, came the popular misconception that the term ‘Big’ refers to the size of the data. Of course size matters, but it does not signify what Big Data is all about. Why? Because, no matter how ‘big’ your data...
IRIS is launching IRIS AI
- 7 years 2 months ago
- Artificial Intelligence, Accounting
IRIS Accountancy Solutions, the UK’s leading accountancy software provider is today launching IRIS AI, a family of AI based products and services for every size of accountancy practice. The first product in this offering is the Ai Auditor™ developed by MindBridge® Analytics Inc. The powerful artificial intelligence tool enables accountants to address skills shortages and deliver new risk and fraud assurance services.
Thomson Reuters Partners with Squirro to Combine Artificial Intelligence Technology and Data to Unlock Customer Intelligence
- 7 years 2 months ago
- Artificial Intelligence, Data
Thomson Reuters has partnered with augmented intelligence solution provider Squirro to provide an AI-driven solution that leverages the power of today’s customer relationship management (CRM) platforms to deliver a complete, current overview of each client, boosting engagement and facilitating deal idea generation for the banking industry.
Paysend Releases the Beta Program for its New Global Account Service
- 7 years 2 months ago
- Payments
Paysend, an international payments and money transfer company, is today announcing the beta program for its new Global Account service. Built by a team of ex-Revolut engineers and designers, the Global Account is a simple mobile app that allows people to hold, move and spend multiple currencies globally. Ronald Millar, CEO, said “This is another great first for our team. They have created an award winning product that changes how consumers can...
SmartStream further expands presence in Asia with new Chinese partner TGT Chibo Data Service
- 7 years 2 months ago
- Transaction Banking, Payments
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the appointment of TGT Chibo Data Service, one of the leading technology services and payment solution providers in China, as an official distributor partner for SmartStream’s TLM solutions in the Mainland market. This new agreement will allow TGT Chibo Data Service to initially market SmartStream’s reconciliations solutions to the...
ZagTrader partners with TickerChart to deliver enhanced trading services
- 7 years 2 months ago
- Trading Systems, Market and Reference Data
ZagTrader, a Dubai-based technology company specializing in Banking and Capital Markets Solutions, formally announces the availability of TickerChart to its existing suite of front ends. The Partnership between ZagTrader and TickerChart will provide the existing client base of ZagTrader the capability of using the advanced Front Ends of TickerChart. TickerChart products are rich in advanced features that serve active traders, such as: Chart...
Over two-thirds of UK consumers still abandon online shopping purchases due to poor payment processes
- 7 years 2 months ago
- Payments
Online retailers are continuing to lose out on sales by failing to address customers’ preferred payment methods. According to research by PPRO Group, one of the fastest growing global FinTech providers, 67% of UK consumers have abandoned an online retail transaction due to the payment process, only down 1% in the past four years from 68% in 2014. With the biggest reasons cited as 22% didn’t recognise the payment process up from 6%.
FICO Explains AI with Latest Release of its Analytics Workbench
- 7 years 2 months ago
- Artificial Intelligence, Data
Leading analytics firm FICO today announced the latest version of FICO® Analytics Workbench™, a cloud-based advanced analytics development environment that empowers business users and data scientists with sophisticated, yet easy-to-use, data exploration, visual data wrangling, decision strategy design and machine learning. As new data privacy regulations shine a spotlight on AI and machine learning, the FICO Analytics Workbench xAI Toolkit...
SWIFT gpi to provide payment message error detection and upfront fee transparency
- 7 years 2 months ago
- Payments
SWIFT is to introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront fee transparency to their end customers. More than 50% of SWIFT gpi payments are credited to the beneficiary in less than 30 minutes and many arrive in just a few seconds. A significant part of the remaining messages are delayed due to errors in the payment...
BMW Financial Services Announces InsurTech Partnership with Wrisk
- 7 years 2 months ago
- Insurtech
BMW Financial Services (GB) Ltd today announces a partnership with Wrisk that will see the insurtech startup become the sole supplier of BMW and MINI Car Insurance. The partnership follows Wrisk’s time in the first BMW Innovation Lab in 2017, which saw the team win on the final pitch day after developing the platform now being used by BMW.
Adyen selects Looker for data management
- 7 years 2 months ago
- Data
Looker, a leading data platform company, today announced that Adyen, the payments platform of choice for many of the world’s leading companies, has implemented Looker to transform its culture around data and support its rapid growth. Adyen, whichprovides the payments platform for high-growth businesses such as Uber, Facebook and Spotify was looking to transform its data processes, increase staff independence and efficiency, and develop critical...
The Blockchain Solutions Asia 2018 (Bsa2018) Conference And Exhibition To Discuss Blockchain Applications Beyond Cryptocurrency
- 7 years 2 months ago
- Blockchain
The hosting of the Blockchain Solution Asia 2018 Conference and Exhibition from 27 September to 29 September 2018 at Kuala Lumpur Convention Centre will provide the best answers for industry stakeholders to better understand the impact of Blockchain Revolution and its technological advances on specific sectors including the energy sector, banking & insurance, construction & transportation, manufacturing, healthcare and fundraising.
2018 Prophet Brand Relevance Index® Finds Three Financial Services Firms in Top 50 List of Most Relevant Brands to UK Consumers
- 7 years 2 months ago
- Financial
Global brand and marketing consultancy Prophet announced the results of the fourth Prophet Brand Relevance Index® (BRI), a ranking of the most relevant brands in consumers' lives today. PayPal #25, Nationwide #38 and Visa #43 represented financial services in this year’s top 50 list. This was the first time that three financial services companies appeared in the top 50 since 2016. It was also Nationwide’s first appearance in the top 50 while...
Tieto Teams with R3 to Accelerate Adoption of Decentralised Business Networks
- 7 years 2 months ago
- Blockchain
Tieto, a leading Nordic software and services company and R3, an enterprise blockchain software firm have partnered to accelerate the adoption of next generation decentralised business networks built on Corda, R3’s open source blockchain platform. As an R3 partner Tieto will use Corda in various ecosystem projects within financial services, public sector, supply chain, and more.
Paxos Launches New Stablecoin
- 7 years 2 months ago
- Cryptocurrencies
Paxos today announced the launch of Paxos Standard™, the world's first regulated crypto asset. The Paxos Standard token is fully collateralized 1:1 by the U.S. dollar, issued by the Paxos Trust Company, and approved and regulated by the New York State Department of Financial Services.
