UATP announced today that it is partnering with contactless payment specialist, Paymagnet, to supply Member airlines with the capability to accept contactless card payments directly within an airline's mobile app on any NFC-enabled smartphone.
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Numerix, the leader in risk technology today announces the immediate availability of Numerix FRTB. Numerix FRTB can help banks transform their front and middle offices to comply with the new Basel III Fundamental Review of the Trading Book (FRTB) market risk framework. The full solution is available now and ready to help banks assess FRTB’s impact on their overall and desk-level capital requirements.
The financial services industry is undergoing significant technological change, and the fund management industry will not be excluded from this. Fund managers, distributors, transfer agents (TAs) and platforms will all need to evolve in order to adjust to these changes and potential disruption. In this paper, we analyse whether these market participants have sufficient technological understanding to deal with the changes that will come, and look at how these firms can learn from other industries about embracing technological disruption.
Pelican, the provider of Intelligent Payments Management (IPM) solutions for Banks and Corporates, reports a 30 percent year on year revenue growth since 2015, reflecting the industry’s desire to see more advanced solutions in the payments arena.
Financial services, banking and insurance organizations are joining the growing list of industries adopting cloud technologies. What’s prompting their migration to the cloud? Consider the following issue that many a bank’s customer contact center faces.
LzLabs announced today that it is collaborating with SMA Solutions to enable their workload automation solution to work on the LzLabs Software-Defined Mainframe®.
Trusted and reliable partnership: After more than 3 years of strong cooperation, Landesbank Hessen-Thüringen (Helaba) has decided to increase their selection of services from the icubic AG portfolio by adding iQbonds 4.3.
EQ Investors (EQ) the boutique wealth manager led by John Spiers, is launching a new suite of income portfolios for investors requiring a regular income and above-inflation returns. The portfolios will be managed by Damien Lardoux, who currently manages the firm’s positive impact portfolio mandate.
Aiming for a yield of around 4% with a minimum target of 3%, the portfolios will invest across all asset classes (equity, bonds, commercial property and alternatives) on a global basis.
China has the world’s largest market for digital shopping, mobile payments, and Internet-enabled financial services. Close to 400 million people in China do most of their payments using their smartphones. China’s overall business in information technology is a market of well above USD $300 billion, and it is estimated that more than 700 million Chinese have access to Internet. So any law impacting the online space—cybersecurity included—will make ripples in the way China does business.