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Econocom announces 8.0% growth in revenue in 2018 (€2.85 billion) and good cash generation

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% in Q4 2017) and the group was selective, focusing on generating cash.

Thursday, January 31, 2019 - 11:10
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Financial IT
Diego Caicedo on Neobanks in LATAM

Phil Siarri recently sat down with Diego Caicedo, CEO and co-founder of Omni|Bnk, one of the first neobank solutions for SMEs in Latin America. The company has recently raised US$3.5M, and signed a US$200M partnership with BTGPactual. We discussed his background, the current situation for Latin American neobanks, financial literacy in the region and more

Thursday, January 31, 2019 - 10:55
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Financial IT
PensionBee chooses Onfido to deliver frictionless KYC compliance

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.

Thursday, January 31, 2019 - 09:32
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Financial IT
UnPAY, Tencent Research Institute Released Whitepaper on Indonesia’s Payment Market

UnPAY and Tencent Research Institute have jointly published a whitepaper on Indonesia's payment market. This whitepaper focuses on hotspots and key issues of the payment system in Indonesia and is the second of its "Venturing Out" series. It aims to help Chinese payment companies expanding overseas gain a deeper understanding of the world's fourth most populous country. The first whitepaper which was published in October last year, honed in on Singapore's payment infrastructure.

Thursday, January 31, 2019 - 08:21
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/news/payments/unpay-tencent-research-institute-released-whitepaper-indonesias-payment-market
Financial IT
CRYPTOCURRENCY LIQUIDITY PROVIDER B2C2 OTC RECEIVES FCA AUTHORISATION

B2C2, one of the largest cryptocurrency liquidity providers and the leader in electronic OTC trading, today announced that its UK subsidiary, B2C2 OTC Ltd, is now authorised and regulated by the UK’s Financial Conduct Authority to arrange and deal in Contracts for Difference (CFDs) with eligible counterparties and professional clients. The FCA authorisation will allow these clients of B2C2 OTC Ltd to gain exposure to cryptocurrency markets via the firm’s CFDs.

Thursday, January 31, 2019 - 08:16
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Financial IT
Poor Customer Experience (CX) Costs Financial Institutions $10 Billion Per Year

Fenergo, the leading provider of digital Client Lifecycle Management (CLM) software solutions for financial institutions, today announced findings from the company’s industry trends report series, which found that “poor customer experience” is costing financial institutions $10 billion in revenue per year. 

Thursday, January 31, 2019 - 08:13
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Financial IT
Leveraging Strong Agile Teams – Are You Being Heard?

As my team and I go deeper into our research on Psychological Safety and its correlation to the effectiveness of the team at the cornerstone of profitability in this day and age of rapid tech, one of the things we are doing, is work our way through the Aristotle project suggestions that Google left us with at the end of 

Thursday, January 31, 2019 - 07:34
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Financial IT
GBIH LIMITED implements complete decentralization by developing 'YANT,' a blockchain-based P2P cryptocurrency trading system

GBIH LIMITED (CEO Yoon Bliss) announced recently that the YANT blockchain project they have been pursuing has now been successfully developed into a blockchain-based P2P cryptocurrency trading system, thereby achieving complete decentralization that solves the instability caused by depending on exchanges. 

Thursday, January 31, 2019 - 07:22
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/news/blockchain/gbih-limited-implements-complete-decentralization-developing-yant-blockchain-based
Financial IT
Commercial Bank of Kuwait installs video kiosks at 68 branches

Commercial Bank of Kuwait has started to adopt the smart-branch model by creating a flexible and cost-effective virtual banking system that would allow remote consultations via video kiosks — touchscreen PCs with connected headsets. 

Thursday, January 31, 2019 - 07:16
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JPMorgan Partners with Coupa Pay for secure and convenient payments experience

Coupa Software (NASDAQ: COUP), a leader in business spend management (BSM), today announced a strategic collaboration with J.P. Morgan. 

Thursday, January 31, 2019 - 07:13
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Financial IT

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