The holidays are upon us and it’s a busy time for SMEs as we approach year end. With research showing that last year’s average cost of Christmas for these organisations hit upwards of £20,000, it’s easy to see why businesses could find themselves in a pinch.

Supply and demand

Financial IT speaks to Nanda Kumar, President & CEO, SunTec at Sibos 2015.

 Award-winning ONPEX, The Online Payment Exchange, is pleased to announce the appointment of Juergen Mortag as one of the new Managing Directors of the Luxembourg based ONPEX S.à r.l., effective from 1st of October 2015.

Mr. Mortag brings over 20 years of international experience in structured finance with a strong background in complex finance transactions, cross-border financing, as well as, fund administration at board level.

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, announces that BNP Paribas Securities Services has implemented SimCorp Dimension to manage accounting operations on behalf of its clients.

Mambu, the SaaS banking platform provider, today announced that RenMoney, a Nigeria-based consumer finance company, has selected Mambu as its core banking solution. Following a rapid evaluation process, RenMoneychose Mambu for its speed of implementation, cost-effectiveness and the flexibility of its API layer which allows the company to easily launch products and to enable integration with strategic partners.

 Infor, a leading provider of beautiful business applications specialised by industry and built for the cloud, announced that ARCA, a world leader in the field of payment systems and cash handling automation technology, hasselected Infor CloudSuite^TM Industrial Enterprise Solution to support its business growth.

Yahoo's missed opportunity is in not creating a secure platform for the conduct of international trade. Buying, selling of goods and services through a portal and a platform which contains all of the support services as depicted in the following graphic and the related portal would have been a major money-maker for Yahoo and a decided opportunity for the U.S. The platform would also have been used to process cross-border investments. 

Financial IT speaks to Micah Willbrand, Director - Global AML Product Marketing, NICE Actimize at Sibos 2015.

Mozido, a provider of mobile wallets for payment and commerce solutions, today announced it has launched NFC mobile payment and loyalty services for Telkomsel Indonesia, in partnership with Veri

 KeyBank customers have increased access to surcharge-free ATMs by way of 11 cash machines located throughoutCleveland Hopkins International Airport (CLE) and