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Avaloq announces strong 2018 results, driven by international expansion, new solutions and client growth

Avaloq, a leading fintech company and international provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to banks and wealth managers, has reported strong results for 2018 driven by continued demand for the firm’s SaaS, BPaaS and on-premise solutions from new and existing clients and accelerated growth in markets such as EMEA. Overall, the firm generated full-year revenues of CHF 579 million, a year-on-year rise of 6% on an underlying basis1.

Tuesday, March 26, 2019 - 07:55
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/news/saas/avaloq-announces-strong-2018-results-driven-international-expansion-new-solutions-and
Financial IT
CoinEx plans to build a public chain for its decentralized exchange

CoinEx is about to build a public chain CoinEx Chain for decentralized trading. The website was launched on March 22 and a CoinEx Chain-based decentralized trading platform CoinEx DEX will be online expected in Q4 this year.

Tuesday, March 26, 2019 - 07:52
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/news/foreign-exchange/coinex-plans-build-public-chain-its-decentralized-exchange
Financial IT
Digitization Emerging as the Key to Survival in Banking

With the momentum that has lifted the banking sector's performance over the first half of the decade slowing in all major markets, banks must leverage digital technology to battle disruption and stem the threat of disintermediation brought on by fast-moving, newer entrants—or pay the price in staying power and profitability, according to a new report by 

Tuesday, March 26, 2019 - 07:50
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/news/banking/digitization-emerging-key-survival-banking
Financial IT
Capgemini research: AI implementation progress in the automotive sector

A new study from the Capgemini Research Institute has found that just 10 percent of major automotive companies are implementing artificial intelligenc

Tuesday, March 26, 2019 - 07:46
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/news/artificial-intelligence/capgemini-research-ai-implementation-progress-automotive-sector
Financial IT
Bittium showcases a new version of the Bittium SafeMove® software at Digital Health Rewired exhibition in London

Bittium showcases a new version of the Bittium SafeMove® secure connectivity software at Digital Health Rewired on March 26 in London, United Kingdom. Digital Health Rewired is the new two-day conference and one-day exhibition in London Olympia connecting health IT leaders with the latest digital health innovations. 

Tuesday, March 26, 2019 - 07:38
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/news/security/bittium-showcases-new-version-bittium-safemover-software-digital-health-rewired
Financial IT
Traydstream Accelerates Growth with Expanding its Presence in India

Traydstream, the entity for trade digitization and automation, celebrates the expansion of its offices in India. The offices have shifted to a new space in both, Calcutta and Mumbai, with a larger capacity. Traydstream has also recruited two bright graduates from IIM Calcutta who will be working in the Mumbai office starting 1st June 2019.  

Monday, March 25, 2019 - 11:25
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/news/infrastructure/traydstream-accelerates-growth-expanding-its-presence-india
Financial IT
MEAWALLET ANNOUNCES VC FINANCING

Digital payment solutions provider, MeaWallet, today announces the completion of its transition into a refinanced independent entity, following a management buyout enabled by a substantial capital injection from venture capital firm Idekapital Fund 1

Monday, March 25, 2019 - 11:16
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/news/payments/meawallet-announces-vc-financing
Financial IT
E-commerce Forecast to Rise to 24% of Card Spending

Online card expenditure growing at double digit rates and will continue to increase significantly faster than card spending at physical outlets to account for nearly a quarter of all card expenditure by 2023

Cardholders moving away from physical outlets in search of lower prices and convenience

Monday, March 25, 2019 - 11:10
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/news/e-commerce/e-commerce-forecast-rise-24-card-spending
Financial IT
Andreas M. Antonopoulos Announced as Keynote Speaker for CryptoCompare Digital Asset Summit

CryptoCompare has announced its Digital Asset Summit 2019 along with an impressive roster of speakers - with Andreas M. Antonopoulos, a best-selling author, speaker, educator, and one of the world’s foremost bitcoin and open blockchain experts, delivering a keynote speech. 

Monday, March 25, 2019 - 11:08
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/news/cryptocurrencies/andreas-m-antonopoulos-announced-keynote-speaker-cryptocompare-digital-asset
Financial IT
The Pitfalls & Profits of Moving to Cloud”

Leo Mindel, Founder of Sotic Ltd, is a speaker at the Cloud Migration Summit 2019 on May 14th in London.  We chatted to him about the “need to knows” of moving to the cloud – including budgeting for ROI, disaster recover and facilitating his award-winning company that provides professional websites/web-based solutions to some of the most high profile sports clients (including Six Nations, British & Irish Lions,

Monday, March 25, 2019 - 10:58
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/content/pitfalls-profits-moving-cloud
Financial IT

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