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Thomson Reuters Survey Reveals Companies are Sinking in Risk

Global companies are opening themselves up to greater risk including bribery and corruption and modern day slavery by conducting due diligence on just 62 percent of their suppliers, distributors, and third party relationships, with only 36 percent fully monitoring the ongoing risks and 61 percent not even knowing the extent to which third parties are outsourcing their work, a global Thomson Reuters survey has found.

Tuesday, November 8, 2016 - 08:45
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Intesa Sanpaolo Selects Gemalto to Accelerates Digital Banking Transformation

Gemalto,the world leader in digital security, is continuing its support for the digital transformation of Intesa Sanpaolo, Italy's most popular retail bank, by supplying its Allynis PIN by e-Channel​ solution that enables PIN delivery via SMS, web or their mobile banking app.

Tuesday, November 8, 2016 - 08:40
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ION Completes Acquisition of Reval

ION Investment Group announced today that it completed its acquisition of Reval, a global provider of cloud-based solutions for treasury and risk management, on November 1st. Financial terms were not disclosed.

Reval's award winning software-as-a-service platform is now part of ION's corporate treasury division, which also includes the Wallstreet Suite, IT2, City Financials and Treasura solutions.

Tuesday, November 8, 2016 - 08:32
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SmartStream Receives SWIFT Certification for Corona Reconciliations

SmartStream, the financial Transaction Lifecycle Management (TLM®) specialist, today announced, that its Corona Reconciliations solution has yet again achieved SWIFT Certified Application status, something SmartStream customers have indicated is important when purchasing solutions and products.

Tuesday, November 8, 2016 - 08:27
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Tesco Bank Attacks Update Statement

Benny Higgins, Chief Executive, Tesco Bank said:

“Tesco Bank can confirm that, over the weekend, some of its customers’ current accounts have been subject to online criminal activity, in some cases resulting in money being withdrawn fraudulently. 

Tuesday, November 8, 2016 - 08:24
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Gemalto signs Italy’s largest retail bank

Gemalto (Euronext NL0000400653 GTO),the world leader in digital security, is continuing its support for the digital transformation of Intesa Sanpaolo, Italy's most popular retail bank, by supplying its Allynis PIN by e-Channel​ solution that enables PIN delivery via SMS, web or their mobile banking app.

Tuesday, November 8, 2016 - 06:53
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Financial IT
Wipro Unveils Open Banking API Platform
Wipro

-Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the launch of its Open Banking API (Application Programming Interface) Platform. The Open API platform will enable banks and financial institutions to launch Open Banking initiatives and create new forms of distribution channels and servicing capabilities, provide access to third-party application marketplaces, and comply with emerging regulatory norms through the standardization of APIs.

Monday, November 7, 2016 - 13:40
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Hyundai Commercial and Hyundai Capital Fueling Finance Operations with Cassiopae Software

Cassiopae, the leader in global asset finance software, announces that Hyundai Commercial (HCI) and Hyundai Capital (HCS) are in production with Cassiopae V4.5 leasing and lending software in South Korea.

Hyundai Commercial (HCI) is the commercial finance arm of Hyundai, one of the top five auto manufacturers in the world. The division offers credit finance including industrial financing, corporate financing, and investment financing. The company has been in production with the Cassiopae software since June 2015.

Monday, November 7, 2016 - 13:29
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Financial IT
AsiaInfo and Telenor Denmark win global BSS Transformation Excellence Award
AsiaInfo

AsiaInfo and Telenor Denmark have won the BSS Transformation Excellence category in the Global Telecoms Awards (Glotels) 2016.  The award recognises the execution of a unique project in partnership between Telenor and AsiaInfo, China’s leading telecoms IT software company. The winning submission was judged to be the BSS initiative that demonstrates the greatest innovation and commercial benefit to its users.

Monday, November 7, 2016 - 13:04
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/news/infrastructure/asiainfo-and-telenor-denmark-win-global-bss-transformation-excellence-award
A Glimpse of the Future, Part Three: the Internet of Things

We talk a lot about the Internet of Things (IoT) and have been for a while.  Most of us probably don’t see much of it yet.  OK, so we have a smartphone but what other smart things do you have?  Maybe if you’re in America, you have NEST, Alexa and a Tesla, so you’ve get a semi-smart home and car.  The rest of us are just starting to see it.  But what happens when things get supersmart?

Monday, November 7, 2016 - 12:42
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