Genpact (NYSE: G), a global leader in designing, transforming, and running intelligent business operations, today announced the expansion of its Genpact OpenWealth® business, which provides wealth management services to wrap platforms, insurers, banks, brokers, wealth, and asset managers into the U.K. market, by closing its acquisition of the U.K. OpenWealth platform from Citibank, N.A. With this market expansion, Genpact adds a center of excellence in Glasgow, Scotland with approximately 140 wealth management professionals, serving key U.K. clients.
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MiFID II is one of several financial industry directives being implemented across Europe at the moment, and all are designed to improve the fairness and transparency of the financial services industry – January 2017 might seem a way off, but it is closer than you think. Setting aside whether or not you agree with the specific measures these directives create opportunities and challenges for the IT departments of every financial services organisation.
Guidance Software, Inc. (NASDAQ: GUID), maker of EnCase®, the gold standard for digital investigations and endpoint data security, today announced it has funded a program at the California Institute of Technology (Caltech) to support data security research using advanced anomaly science.
Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, today announced that its Board of Directors has approved a new $100 million share repurchase plan. This new share repurchase plan is in addition to the previously authorized $100 million share repurchase plan which is nearing full utilization.
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I know I write about Apple Pay quite often, but was surprised to hear that one of my colleagues recently purchased an iMac in the Apple Store using his Apple Watch and Apple Pay. Yes, he’s an Apple guy, but really? A £1,000 purchase with a fingerprint? I thought, as do most, that you could only make small transactions using contactless payments. In the UK under £20 (£30 from September 1) and in the USA under $25. But it is not the case at all.