Siemens and Bentley Systems announced today that they have formalized a strategic alliance agreement to drive new business value by accelerating digitalization to advance infrastructure project delivery and asset performance in complementary business areas. Siemens and Bentley Systems will initially invest at least Euro 50 million in developing joint solutions to enlarge their respective offerings for infrastructure and industry to the benefit of the end-customers.

“Should we display the information of current clients on other banks on our online services?

If we know our customers better using data we can gather regarding their positions in other banks, we will surely be able to offer more competitive financial services. But, if we aggregate other banks’ clients’ information, we would have to allow third parties  to aggregate our own clients. Would this mean a loss of custom and put our current business model at risk?

I have been travelling a good part of 2016 having just returned from Money2020 and recently the UK where Horizn was fortunate to attend an invitation-only European Digital Banking conference near London. While in London a similar question was asked, “Which side are you on?” both the fintech startups and some of the largest banks and smartest minds were in attendance pondering this question.

SYNNEX Corporation, a leading Technology Solutions distributor, announced that its solution providers are now able to source the complete line of Symantec cyber defense products across all vertical markets, platforms and buying programs with the addition of Symantec Endpoint Protection Cloud to its CONVERGESolv Secure Networking portfolio.  With the proliferation of mobile devices on small-to-medium businesses' (SMB) networks, it is even more imperative that solution providers and cloud solution providers offer a flexible, scalable security solution like Symantec Endpoint Protectio

 Apptio, the leading provider of cloud-based Technology Business Management (TBM) software, introduced the “economic framework” for the cloud today at the 2016 TBM Conference.  This framework, built into Apptio’s TBM applications, empowers CIOs and their teams to make strategic, informed decisions about how to best embrace cloud solutions in support of their innovation agenda and corporate goals.

Ingenico Group, the global leader in seamless payment, today announced that its Managing Director of Canada, Suzan Denoncourt, has been named co-chair of the board for ACT Canada. As an educator, enabler, influencer and advocate for its members, ACT Canada is an internationally-recognized authority, trusted knowledge resource and catalyst for change in payments and secure identity. As co-chair, Suzan will be responsible for co-leading the member-elected board of directors that oversees the association’s activities and initiatives.

 Gemalto, the world leader in digital security, was selected by Banco Neon, a millennial-targetin​g smartphone-based Brazilian bank to deliver​ innovative Visa Quick Read debit cards to its customers. This innovative card design groups together important information, including account number, expiration date and security code, simplifying online payment with one unique entry. Neon is the first to issue a card with this new, friendly format in Brazil. 

EverBank Financial Corp  announced today that the Company’s stockholders voted to approve its acquisition by Teachers Insurance and Annuity Association of America (TIAA) at a special stockholder meeting held in Jacksonville, FL today. Out of the votes cast at the meeting, 99.8% were in favor of the acquisition.

The past few years have seen experts repeatedly warn that banks will need to adapt to remain relevant in this fast-changing financial services arena. In order to keep up with fintechs, financial services (FS) organisations will need to ensure that technology and innovation is at the heart of their strategy.