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Payment Bank + Technology = Faster Profitability

Something very exciting is happening in India.Several Payment Banks are about to launch their operations with a dream to provide banking & transaction services esp. to millions of rural and semi urban un-banked & under-banked households. This is expected to greatly boost domestic remittances, rural savings & reduce dependency on cash. 

One of the most important questions these banks is how to achieve profitability faster & sustain it while maintaining a low cost structure & capturing volumes.

Tuesday, May 17, 2016 - 10:53
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Financial IT
The B2 Group Named Global Finance Product Innovator for Transaction Services in 2016

The B2 Group, provider of financial systems integration solutions, has won the title ‘Product Innovator’ for Transaction Services in the prestigious 2016 Global Finance awards in recognition of its advanced Multi-Bank Integrator™ automated banking platform for corporate cash and treasury management.

Tuesday, May 17, 2016 - 10:40
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Alejandro Alvarez Joins Ayming as UK Director for Operations Performance

Ayming, the international business performance consultancy group, has today announced the appointment of Alejandro Alvarez as UK Director for Operations Performance.

Alejandro has been brought in to launch Ayming’s UK Operations Performance business unit, which will focus on helping clients improve their operational efficiency, procurement & supply chain performance and working capital. This builds on Ayming’s international expertise in operational performance improvement to deliver long-term measurable cost savings and efficiencies for businesses.

Tuesday, May 17, 2016 - 10:30
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Bank ABC Benefits from Nasdaq BWise GRC Platform

Nasdaq BWise selected by Bank ABC, an international bank headquartered in Bahrain, to support and further enhance their risk management, compliance and internal audit processes as well as reporting.

By implementing the BWise integrated GRC platform, Bank ABC will reduce the burden and costs of compliance, gain control over their key organizational risks and streamline their audit processes. The BWise integrated GRC platform will enable Bank ABC to create management reports and dashboards to capture and monitor risk issues and compliance obligations.

Tuesday, May 17, 2016 - 10:22
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Misys Receives Double Award at The Asian Banker Risk Management Awards 2016

Misys scooped two award wins alongside Bank of Beijing and Vietnam Technological & Commercial Joint Stock Bank (Techcombank). The accolades mark separate transformation projects in the Asia Pacific region.

Tuesday, May 17, 2016 - 10:13
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Experian Unveils Top Hints to Safeguard Security while Using of IoT

 Experian is offering advice for both businesses and individuals to help them improve security and manage the risks that come with using internet-enabled products, also known as the Internet of Things (IoT).

Connected devices, such as smart phones or tablets, are no longer the only things with an internet connection.  There is now a large number of other consumer products, including cars, heart monitors, and clothing, also linked to the internet.

Tuesday, May 17, 2016 - 10:04
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srfrz.ahmad1@gmail.com
Tuesday, May 17, 2016 - 09:50
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Greek Companies to Get Support from Alpha Bank, Eurobank and KKR

Alpha Bank, Eurobank and KKR Credit have reached a binding agreement today by which the banks agree to assign the management of credit and equity exposures to a selected number of Greek companies into a platform managed by Pillarstone.

Subject to final Board approval, the European Bank for Reconstruction and Development (EBRD) is considering co-investing in partnership with KKR and the banks.

Tuesday, May 17, 2016 - 09:22
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KKR's Pillarstone Platform Strengthens its Outreach in Europe

KKR Credit unveils the further expansion of its Pillarstone platform in Europe through the signing of a binding agreement with Alpha Bank and Eurobank in Greece. The agreement builds on the successful progress of the Italian platform that was announced in June 2015.

Tuesday, May 17, 2016 - 08:57
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UBS and SigFig Collaborate on Wealth Management Technology Development

UBS Wealth Management Americas  and SigFig have agreed to form a strategic alliance to develop financial technology for UBS WMA, its financial advisors and their clients.

Tuesday, May 17, 2016 - 08:45
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