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Incentivise Savers To Boost Invsetment For Mid-Sized Firms – CBI/BDO

Offering tax incentives to savers who commit to providing long-term finance for medium-sized businesses (MSBs) would help growing firms realise their full potential, according to a new CBI/BDO report.

Stepping up: fixing the funding ladder for MSBs recommends ways the Government can encourage long-term debt and equity investment in these firms. The ‘forgotten army’ of Britain’s businesses, MSBs represent just 1.8% of companies, but generate nearly a quarter of private sector revenue and make up 16% of total employment.

Wednesday, August 26, 2015 - 11:37
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US behind UK in digital payments

A new study from international payments engine Currency Cloud, reveals the majority of US businesses continue to battle major innovation hurdles when moving money across borders.

Through a survey of US and UK finance professionals, Currency Cloud found the US has a lot to learn from its UK counterparts when it comes to international payments, with nearly half (47 percent) of US businesses still relying on old-fashioned paper checks. In contrast, the majority of UK businesses (70 percent) make international payments electronically.

Wednesday, August 26, 2015 - 11:25
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SimCorp Survey Reveals the Majority of Buy-Side Firms Are Processing Complex Swaps Manually

A recent survey released by SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has revealed that 44% of buy-side asset managers are relying on mostly or completely manual processes for managing complex swaps across the investment lifecycle. And more than 50% claim they still require some amount of manual intervention in a semi-automated process.

Wednesday, August 26, 2015 - 11:14
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EagleEye Analytics Selected by Zurich Insurance Group for Trial Project

EagleEye Analytics, provider of the most advanced machine learning predictive analytics technology for insurance, has been selected by Zurich Insurance Company Ltd. to conduct a 14 month trial of EagleEye's Talon Predictive Analytics System for its global advanced analytics initiative.

In an earlier Proof of Concept project, EagleEye worked with Zurich modelers in Brazil and Italy to prove the superiority of EagleEye's machine learning algorithms and analytics methodologies, as well as the usability of the Talon Predictive Analytics System. 

Wednesday, August 26, 2015 - 11:09
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Intelliflo delivers ‘need for speed’ enhancement with SanDisk’s Fusion ioMemory PCIe application accelerators

Intelliflo, the UK’s leading provider of web-based business management software, has invested in an enhancement to its Intelligent Office (iO) service that is delivering a 50 percent improvement in page response times for the majority of its 12,600 users.

The enhancement, which went live in June 2015, combines key innovations from the latest Microsoft database technology with flash-based, Fusion ioMemory™ PCIe application accelerators to increase application performance and thereby customer satisfaction.

Wednesday, August 26, 2015 - 10:59
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Can new banks keep up with old banks (Part Two)?

In part one I talked about bank systems, structures and people holding back innovation due to their legacy, and asked whether legacy structures could be migrated fast enough to keep up with the new guys? 

The answer to that question is yes, because banks also have legacy customers. 

Tuesday, August 25, 2015 - 13:18
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Can old banks keep up with new banks?

It’s interesting reflecting on my blog earlier this week from Blythe Masters speech on blockchain.  She mentioned the friction between the old system that works and the new system that’s being built, and how the two have to work together.  You have to migrate the old with minimum risk to the new, and the new needs to be built in such a way as to allow the old to catch up as a result.

Tuesday, August 25, 2015 - 13:10
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First State Bank of Rice Secures Data and Customer Trust with ZixCorp’s Full Suite of Email Data Protection Solutions

 Zix Corporation (ZixCorp), (Nasdaq: ZIXI), a leader in email data protection, announced that 

Tuesday, August 25, 2015 - 12:52
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FIME to launch testing tool for online payment terminals

In a move which will assist EMV® payment terminal, mobile point of sale (mPOS) and kernel developers to bring their products to market more efficiently, quickly and cost effectively, FIME has today launched its EVAL 4dev cloud-based service.

A breakthrough in the testing world, this online service enables users to validate EMV Level 2 payment terminal kernels throughout the development phase 24/7 and from any location.

Tuesday, August 25, 2015 - 12:23
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SunGard Cloud Recognized in 2015 Waters Rankings

With the growth of its financial services cloud, SunGard has been recognized as the “Best Data Center Provider” by the readers of Waters magazine in the 2015 Waters Rankings. Voters selected SunGard for its ability to help customers standardize costs associated with facilities, hardware, software, processes and people.

Tuesday, August 25, 2015 - 11:36
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