Western Union Digital Money Transfers Now Live in South Korea via kakaobank Mobile App
- 7 years 3 months ago
- Money Transfers, Banking
The Western Union Company, a leader in cross-border, cross-currency money movement, and
Retail bankers are digitizing through Avoka Workspaces
- 7 years 3 months ago
- Banking
Avoka, a Temenos company and SaaS leader in digital customer journeys in banking, today announced the launch of Workspaces, a new module of the Avoka platform within the Temenos Infinity product. Workspaces is a digital review and approval workspace for retail banking and credit union staff, built to support resolution and customer service for account opening and onboarding. The new module is included with all implementations of the Avoka...
Half of young finance professionals want a position in the C-Suite, Metapraxis research reveals
- 7 years 3 months ago
- Infrastructure
Half of young professionals (53%) working in the finance functions of large organisations want a position on the C-Suite, according to new research revealed today by Metapraxis, the leader in financial analytics technology. However, of these respondents, only 29% want to become CFO, the assumed natural career progression of those working in the finance function today.
MuchBetter takes aim at the multi-billion-pound iGaming payments monopoly
- 7 years 3 months ago
- Payments
One year on from its commercial launch, payments app MuchBetter, is announcing a number of significant milestones and figures, as it signals its intent to ‘break the monopoly of iGaming payments’, in an industry estimated to be worth £40bn. Having launched in November 2017, key highlights and milestones after 14 months include:
Global smartphone market ends 2018 on downturn
- 7 years 3 months ago
- Infrastructure
Global smartphone shipments recorded a negative year-over-year growth rate in the fourth quarter (Q4) of 2018, for a third consecutive quarter. According to IHS Markit preliminary smartphone data, global smartphone shipments reached 365.2 million units in Q4 2018, which is a 5.7 percent y/y decline. For the 2018 calendar year, shipments declined 2.4 percent compared to the previous year, from 1.44 billion units in 2017 to 1.41 billion units in...
Earnings Review: Strong Performance in Q4, Continued Momentum for 2019
- 7 years 3 months ago
- Payments
This morning, we hosted a conference call where we shared Mastercard’s financial results for the fourth quarter and our 2018 fiscal year. If you listened to that call, you heard how we had a strong end to the year, delivering broad-based growth. The numbers speak for themselves – double-digit gains in both volume and transactions, with earnings per share increasing 40 percent year-over-year, on a currency-neutral basis and excluding special...
Successful introduction of Avaloq platform at Raiffeisen
- 7 years 3 months ago
- Banking
Raiffeisen and Avaloq have made IT history: one of Switzerland’s biggest IT projects was successfully completed at the start of January. In a first for the financial industry, 253 banks (246 Raiffeisen banks, six branches and the central bank) will now be operated on one platform. The platform is available to all 11,000 employees at 900 separate Raiffeisen sites throughout Switzerland. Long-term continuation of a successful collaboration
Temenos receives ISO 14001:2015 Certification for its Environmental Management System
- 7 years 3 months ago
- Banking
Temenos, the banking software company, today announced that it has been certified ISO 14001. Temenos has successfully implemented an Environmental Management System (EMS) in the company’s three offices in India (Chennai and Bangalore), which account for 52% of the total global employee workforce and are the hub of its product development activities. In addition, Temenos received ISO 14001: 2015 certification of its EMS, independently verified by...
TIBCO Named a Leader in Gartner’s Magic Quadrant for Data Science and Machine Learning Platforms
- 7 years 3 months ago
- Data
TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it has been named a Leader in Gartner’s 2019 Magic Quadrant for Data Science and Machine Learning Platforms.
Large Organisations Risk Declining Revenues Due to Fear of Disruptive Technologies
- 7 years 3 months ago
- Consultancy
Coeus Consulting, an award-winning independent IT consultancy, today announced new research revealing that although the fate of many organisations depends on their ability to implement strategic change and to adopt disruptive technologies, a reported lack of business and IT alignment, coupled with a corporate fear of risk, means they risk losing out on crucial revenues and market share.
Suits Me partners with HooYu to simplify banking for migrant workers
- 7 years 3 months ago
- Payments, Banking
Leading identity confirmation provider HooYu has partnered with hassle-free alternative banking solution, Suits Me, to help financially-excluded workers get quicker and simpler access to bank services.
Ultra-secure payments app reaches 150,000 users in same time as Monzo
- 7 years 3 months ago
- Payments
One year on from its commercial launch, payments app MuchBetter, is announcing a number of significant milestones and figures, as it signals its intent to ‘break the monopoly of iGaming payments’, in an industry estimated to be worth £40bn. Having launched in November 2017, key highlights and milestones after 14 months include:
UK consumers threaten to thwart banks’ SCA compliance
- 7 years 3 months ago
- Payments, Compliance
Lenders, card issuers and payment service providers that need to comply with new fraud rules under PSD2 next year face a challenge from their own customers. In a new FICO survey, only about half of UK consumers say they are willing to give their bank or card issuer their mobile number in order to carry out extra authentication steps. Many banks are counting on authentication using mobile phones to comply with the rules.
Econocom announces 8.0% growth in revenue in 2018 (€2.85 billion) and good cash generation
- 7 years 3 months ago
- Infrastructure
Improvement in revenue in 2018 Econocom Group, a digital transformation specialist, posted 2018 full-year revenue of €2,846 million, an 8.0% increase, 2.7% of which was organic. Revenue for the Technology Management & Financing (TMF) business reached €1,356 million, a slight drop of 1.6%, after a strong increase in the two previous years (9.5% organic growth a year). The basis of comparison was particularly high in the fourth quarter (up 28...
PensionBee chooses Onfido to deliver frictionless KYC compliance
- 7 years 3 months ago
- Security, AML and KYC
Leading identity verification provider Onfido today announces that it has partnered with PensionBee. Onfido’s machine learning-based identity verification technology allows PensionBee to streamline KYC processes, reducing manual overheads and bringing new users onboard.
