After six years stuck at 2%, basic pay award expectations in the private sector have increased to 2.5%. Meanwhile, basic pay award expectations in the public sector have fallen from 2% to 1.1%, according to the latest Labour Market Outlook from the CIPD and the Adecco Group. The report highlights the effects of a tighter labour market on skills shortages as seven in ten (71%) of employers with vacancies report that at least some of them are proving hard to fill.

Pay outlook

TIBCO Software Inc., a global leader in integration, API management, and analytics, announced today that it ranked number one in five of six use cases in the Gartner 2019 Critical Capabilities for Master Data Management Solutions report. These use cases include B2B Customer Data, Buy-Side Product Data, Sell-Side Product Data, Multidomain master data management, and Multivector master data management.

Profile Software, an international financial solutions provider, announced today the launch of its recently enhanced Axia Suite release 2.1 that delivers advanced investment management, compliance and reporting capabilities.

Financial services companies are extending data centres with private and public clouds to keep up with demand, but does a multi-cloud environment introduce too much complexity and risk?

SDK.finance is using Oracle Blockchain Platform to help the company transform the rapidly evolving payments industry.

More than 500,000 customers across Europe and beyond are able to transfer money to bank accounts in 34 European countries, thanks to a new service launched by payments disruptor Paysend.

The new product, which has been added to the firms existing card-to-card Global Transfers, will make cross-border payments in euros as easy as national payments and will result in improved convenience and processing times for European consumers. 

Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has agreed to buy UK payments group WorldFirst in a deal worth around $700 million, and after WorldFirst was forced into a rapid fire sale of its US assets.

MineralTree, the Accounts Payable and Payment Automation solution provider, has expanded its platform integration to include all major card providers—delivering new value to middle-market businesses by optimizing their entire Accounts Payable process.