To keep pace with the spectacular growth exhibited by the fintech industry, traditional financial institutions must move away from old legacy technology systems and adopt more agile, flexible IT services. This is according to the multinational software innovator, TmaxSoft, which believes this migration is needed to respond to changing consumer habits in real time and offer more personalised customer service.

UK scale-up Natterbox has announced today that it has secured significant Series A funding from Octopus Investments to continue its rapid growth. As the world’s first global business phone system managed entirely within Salesforce, the Natterbox platform allows companies to revolutionise interactions with customers over the phone and provide them with a much more streamlined, informed and personalised experience.

At its FICO World 2018 conference in Miami Beach, analytics software firm FICO unveiled several solution upgrades that will help banks, lenders, fintechs and other institutions fight financial crime. These solutions bring unparalleled efficiency and machine learning capabilities to fraud, risk and compliance professionals.

The Agenda of IFINTEC Finance Technologies Conference and Exhibition (08 - 09 May 2018 - Istanbul, Turkey) is announced on the event website. With 900+ attendees, attendance from 15+ countries, 30+ speakers, 30+ speaking sessions, IFINTEC 2017 was organized very successfully. IFINTEC is a global and niche conference with its focus on Retail Banking, Digital Banking, Payment Systems, Banking Technologies, Banking IT Solutions, Finance Technologies and Banking Solutions. IFINTEC is one of the biggest events in EMEA region in its category.

3rd Global Asset Allocation Focus 2018 (hereinafter as GAAF2018) will commence on May 17th-18th in Shanghai. GAAF2018 is Organized by CDMC Finance Research Institute (hereinafter as CFRI) and CDMC Group, with the support of Beijing Wealth Management Industry Association, International Wealth Management Association, Alternative Investment Management Association, Association of Family Office in Asia and Association of Private Bankers in Greater China Region.

The internationally acting companies valantic Trading Solution AG and Thomson Reuters have announced to further intensify their long-standing and successful cooperation. The core of the current cooperation forms the transfer of know-how as well as connection of valantic’s trading solutions to the information and trading platforms of Thomson Reuters. Now, the focus lies on the integration of Eikon into iQbonds. The customers of both companies and especially the banks and traders trading financial products will benefit from this decision.

Shopping with their smartphones will be increasingly possible, for more than 3 million Chinese tourists arriving each year in our country, thanks to the agreement signed between Gestpay, the Italian solution for online payment of Sella Group, and Alipay, the payment platform of Ant Financial, an affiliate company of Alibaba Group.

Gazprom Neft has confirmed the digital transformation of its business as a priority area of focus, with the creation of a new “Digital Transformation Directorate”, to be headed by Andrei Belevtsev as Chief Digital Officer (CDO1 ).

The key objective of the Digital Transformation Directorate will be to create a single and inclusive system covering the company’s full digital strategy, directed at game-changing improvements to the operational efficiency of all business processes, as well as the development of the company’s own “smart services”.

 iProov, a leading provider of biometric facial verification technology, today announced it has become the first British – and indeed overseas – company to be awarded acontract from the US Department of Homeland Security Science & Technology Directorate’s Silicon Valley Innovation Program (SVIP).

The contract has been awarded to iProov to help US Customs and Border Protection (CBP) improve the passenger entry operation process. 

Today from FICO® World, analytics software firm FICO showcased the latest enhancements to FICO® Decision Management Suite (DMS) which leverages artificial intelligence (AI), machine learning (ML), advanced analytics, optimisation and decisioning to deliver better, more predictive business outcomes. New capabilities include: