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MuchBetter takes aim at the multi-billion-pound iGaming payments monopoly

One year on from its commercial launch, payments app MuchBetter, is announcing a number of significant milestones and figures, as it signals its intent to ‘break the monopoly of iGaming payments’, in an industry estimated to be worth £40bn. Having launched in November 2017, key highlights and milestones after 14 months include: 

Friday, February 1, 2019 - 05:43
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Financial IT
Global smartphone market ends 2018 on downturn

Global smartphone shipments recorded a negative year-over-year growth rate in the fourth quarter (Q4) of 2018, for a third consecutive quarter. According to IHS Markit preliminary smartphone data, global smartphone shipments reached 365.2 million units in Q4 2018, which is a 5.7 percent y/y decline. For the 2018 calendar year, shipments declined 2.4 percent compared to the previous year, from 1.44 billion units in 2017 to 1.41 billion units in 2018. 

Following is an overview of the smartphone market leaders in 2018, based on unit shipments: 

Friday, February 1, 2019 - 05:41
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Earnings Review: Strong Performance in Q4, Continued Momentum for 2019

This morning, we hosted a conference call where we shared Mastercard’s financial results for the fourth quarter and our 2018 fiscal year. If you listened to that call, you heard how we had a strong end to the year, delivering broad-based growth.

The numbers speak for themselves – double-digit gains in both volume and transactions, with earnings per share increasing 40 percent year-over-year, on a currency-neutral basis and excluding special items.

Friday, February 1, 2019 - 05:39
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/news/payments/earnings-review-strong-performance-q4-continued-momentum-2019
Successful introduction of Avaloq platform at Raiffeisen

Raiffeisen and Avaloq have made IT history: one of Switzerland’s biggest IT projects was successfully completed at the start of January. In a first for the financial industry, 253 banks (246 Raiffeisen banks, six branches and the central bank) will now be operated on one platform. The platform is available to all 11,000 employees at 900 separate Raiffeisen sites throughout Switzerland.

Long-term continuation of a successful collaboration

Thursday, January 31, 2019 - 18:09
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/news/banking/successful-introduction-avaloq-platform-raiffeisen
Financial IT
Temenos receives ISO 14001:2015 Certification for its Environmental Management System

Temenos, the banking software company, today announced that it has been certified ISO 14001. Temenos has successfully implemented an Environmental Management System (EMS) in the company’s three offices in India (Chennai and Bangalore), which account for 52% of the total global employee workforce and are the hub of its product development activities. In addition, Temenos received ISO 14001: 2015 certification of its EMS, independently verified by Bureau Veritas.

Thursday, January 31, 2019 - 12:52
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/news/banking/temenos-receives-iso-140012015-certification-its-environmental-management-system
TIBCO Named a Leader in Gartner’s Magic Quadrant for Data Science and Machine Learning Platforms

TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it has been named a Leader in Gartner’s 2019 Magic Quadrant for Data Science and Machine Learning Platforms.

Thursday, January 31, 2019 - 12:41
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/news/data/tibco-named-leader-gartners-magic-quadrant-data-science-and-machine-learning-platforms
Financial IT
Large Organisations Risk Declining Revenues Due to Fear of Disruptive Technologies

Coeus Consulting, an award-winning independent IT consultancy, today announced new research revealing that although the fate of many organisations depends on their ability to implement strategic change and to adopt disruptive technologies, a reported lack of business and IT alignment, coupled with a corporate fear of risk, means they risk losing out on crucial revenues and market share.

Thursday, January 31, 2019 - 11:33
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Financial IT
Suits Me partners with HooYu to simplify banking for migrant workers

Leading identity confirmation provider HooYu has partnered with hassle-free alternative banking solution, Suits Me, to help financially-excluded workers get quicker and simpler access to bank services.

Thursday, January 31, 2019 - 11:23
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/news/payments/suits-me-partners-hooyu-simplify-banking-migrant-workers
Financial IT
Ultra-secure payments app reaches 150,000 users in same time as Monzo

One year on from its commercial launch, payments app MuchBetter, is announcing a number of significant milestones and figures, as it signals its intent to ‘break the monopoly of iGaming payments’, in an industry estimated to be worth £40bn. Having launched in November 2017, key highlights and milestones after 14 months include: 

Thursday, January 31, 2019 - 11:21
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/news/payments/ultra-secure-payments-app-reaches-150000-users-same-time-monzo
UK consumers threaten to thwart banks’ SCA compliance

Lenders, card issuers and payment service providers that need to comply with new fraud rules under PSD2 next year face a challenge from their own customers. In a new FICO survey, only about half of UK consumers say they are willing to give their bank or card issuer their mobile number in order to carry out extra authentication steps. Many banks are counting on authentication using mobile phones to comply with the rules.

Thursday, January 31, 2019 - 11:19
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/news/payments/uk-consumers-threaten-thwart-banks-sca-compliance
Financial IT

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