Accenture: AI May Increase Corporate Profitability by 38%
- 7 years 8 months ago
- Artificial Intelligence
Businesses that successfully apply artificial intelligence (AI) could increase profitability by an average of 38 percent by 2035, according to a new report from Accenture. The introduction of AI could lead to an economic boost of US$14 trillion in additional gross value added (GVA) across 16 industries in 12 economies. To capitalize on the opportunity, the report identifies eight key strategies for successfully implementing AI that focus on...
Japan and Australia Sign FinTech Co-operation Agreement
- 7 years 8 months ago
- Infrastructure
The Japan Financial Services Agency and Australian Securities and Investments Commission ('ASIC') today announced the completion of a framework for co-operation to promote innovation in financial services in Japan and Australia.
Citi Announces Tech for Integrity Challenge Winners in Hyderabad
- 7 years 8 months ago
- Infrastructure
Citi announced the award recipients of Tech for Integrity (T4I) Challenge in India. In Hyderabad, 19 shortlisted technology companies presented their solutions to the esteemed jury at the Demo Day on June 13. The initiative from Citi, in collaboration with private and public sector partners, offered technology companies an opportunity to innovate in the areas of financial transactions, cyber security, financial education, grievance redressal,...
CXO Solutions Releases CXO-Cloud™ for Oracle Planning and Budgeting Cloud Service
- 7 years 8 months ago
- Infrastructure
CXO Solutions, a top provider of integrated Strategic Performance Reporting Solutions for all leading Enterprise Performance Management (EPM) systems, has released CXO-Cloud for Oracle Planning and Budgeting Cloud Services (PBCS and EPBCS).
No Code BPM Specialists Launch Content Rich Website
- 7 years 8 months ago
- BPM
FlowForma, the leading provider of no code Business Process Management (BPM) tools for Microsoft Office 365 ® has today announced the launch of its revamped website, designed for process owners, business managers and business analysts in search of workflow and BPM tools or digital process automation advice.
ItzCash Unveils QR Feature to POS Terminals
- 7 years 8 months ago
- Payments
ItzCash, India’s leading Fintech rolls-out ‘Bharat QR code’ feature across its retail network. Now scan and pay money with ItzCash’s Point-of-Sale devices by simply flashing your cell phone.
Blockchain-based Trade Finance Outfit TradeIX Names Richard Tynan MD
- 7 years 8 months ago
- Blockchain
TradeIX Limited, the first open and agnostic blockchain platform focusing on trade finance, appointed Richard Tynan as Managing Director. TradeIX is rewiring the global trade the finance ecosystem to radically simplify how corporates, financial institutions and B2B networks manage and finance global supply chains.
CA Introduces Suite of Products for PSD2
- 7 years 8 months ago
- Payments
CA Technologies today announced Payment Services Directive 2 Solution by CA to help banks, payment service providers (PSPs) and third-party providers (TPPs) to modernize their application architectures, accelerate open banking and streamline digital payments innovation to address PSD2 requirements.
Indian Digital Payments Jumps Post Demonetisation
- 7 years 8 months ago
- Banking
A recent study from financial services technology leader FIS (NYSE: FIS) shows a dramatic increase over the past year in the use of mobile devices and other digital banking channels by consumers in India, demonstrating the extent to which country’s demonetisation efforts are changing consumer banking habits.
Leumi Card Selects Feedzai AI Platform to Fight Fraud
- 7 years 8 months ago
- Artificial Intelligence
Leumi Card, one of Israel’s leading consumer credit card service providers, will implement Feedzai’s Artificial Intelligence (AI) platform to enhance its fraud detection and prevention capabilities, while continuing to provide a frictionless omnichannel experience for its customers.
Workday Positioned in the Leaders Quadrant of First-ever Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises
- 7 years 8 months ago
- Cloud
Workday, Inc., a leader in enterprise cloud applications for finance and human resources, today announced it has been positioned by Gartner, Inc.
Verifone and SITA Collaborate to Streamline Airport Passenger Payments
- 7 years 8 months ago
- Payments
With the goal to offer passengers seamless, secure, and convenient payment acceptance at shared check-in desks, kiosks, and baggage areas in airports, Verifone has announced that it is working with SITA , the world's leading air transport IT and communications specialist, to offer a unique payment solution integrating an airport’s shared IT infrastructure and Verifone payment devices.
Turkey's İşbank Reveals Startup Programme
- 7 years 8 months ago
- Banking
İşbank, the largest private bank in Turkey has made a bigger move into the startup ecosystem. Since forming an agile and energetic Innovation Team within the Digital Banking Unit, the bank has become much closer to the tech entrepreneurs of the country. The Innovation team is working remotely at Kolektif House Levent (the hottest co-working space for the Turkish start-up ecosystem in Istanbul) since mid-October. The team became the bridge...
Personetics Sets Money Management on Autopilot with AI
- 7 years 8 months ago
- Artificial Intelligence
Personetics, the leading provider of cognitive applications for the financial services sector, is taking AI-powered banking to the next level with the launch of Personetics Act. The new solution introduces automated algorithmic programs that simplify banking and act on behalf of customers to help them achieve their financial goals.
Zuper Targets Crowdfunding Raise
- 7 years 8 months ago
- Crowdfunding
“Higher and higher fees, little innovation, fewer branches: banks have left their customers behind,” says Alexey Rubtsov, the co-founder of a new German fintech startup, “We want to flip that power dynamic into the hands of the customer and put the people first” With a unique strategy and technology to deliver more convenient money management to the public, zuper GmbH — a startup team based in Munich — has just launched a €500,000 campaign at...