Infrastructure

Half of young finance professionals want a position in the C-Suite, Metapraxis research reveals

Half of young professionals (53%) working in the finance functions of large organisations want a position on the C-Suite, according to new research revealed today by Metapraxis, the leader in financial analytics technology. However, of these respondents, only 29% want to become CFO, the assumed natural career progression of those working in the finance function today.   Read more »

Global smartphone market ends 2018 on downturn

Global smartphone shipments recorded a negative year-over-year growth rate in the fourth quarter (Q4) of 2018, for a third consecutive quarter. According to IHS Markit preliminary smartphone data, global smartphone shipments reached 365.2 million units in Q4 2018, which is a 5.7 percent y/y decline. For the 2018 calendar year, shipments declined 2.4 percent compared to the previous year, from 1.44 billion units in 2017 to 1.41 billion units in... more Read more »

Econocom announces 8.0% growth in revenue in 2018 (€2.85 billion) and good cash generation

Improvement in revenue in 2018 Econocom Group, a digital transformation specialist, posted 2018 full-year revenue of €2,846 million, an 8.0% increase, 2.7% of which was organic. Revenue for the Technology Management & Financing (TMF) business reached €1,356 million, a slight drop of 1.6%, after a strong increase in the two previous years (9.5% organic growth a year). The basis of comparison was particularly high in the fourth quarter (up 28... more Read more »

Poor Customer Experience (CX) Costs Financial Institutions $10 Billion Per Year

Fenergo, the leading provider of digital Client Lifecycle Management (CLM) software solutions for financial institutions, today announced findings from the company’s industry trends report series, which found that “poor customer experience” is costing financial institutions $10 billion in revenue per year.  Read more »

Baker Hill Sets New Records in 2018

Baker Hill, a leading provider of technology solutions for commercial loan origination, risk and relationship management, CECL compliance, and smart data analytics, announced today that since the 2018 launch of its flagship product, Baker Hill NextGen® followed by the market introduction of Baker Hill NextGen® CECL, the company has seen tremendous momentum and a substantial impact on the financial services industry.   Read more »

Digital platform supported by IBM, Geovation and Ordnance Survey to help return shoppers to the high street

Following a successful pilot in the north west of England, where 1.4 million pages of local high street offers and events were viewed, a national version OFFiGO has now gone live. The digital platform seeks to increase spend and footfall in the retail and hospitality sector by bringing the ‘high street’ online and enabling customers to find local deals. Read more »

IHS Markit Teams with Cobalt to Re-engineer FX Post-Trade

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that MarkitSERV and Cobalt are collaborating to accelerate the delivery of new, innovative post-trade processing services for foreign exchange (FX) markets.  As part of its alliance with Cobalt, IHS Markit also made a strategic investment in the firm and will partner with Cobalt to sell and deliver the solution. Read more »

Coupa Named a Leader in IDC MarketScape on Worldwide SaaS and Cloud-Enabled Accounts Payable Applications 2019 Vendor Assessment

Coupa Software, a leader in business spend management (BSM), today announced that it has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Applications 2019 Vendor Assessment, US44753119, January 2019.  Among the strengths contributing to Coupa's position in the Leader category are: Read more »

Atos: 2019 Investor Day

Today, Atos announces its project to distribute 23.4% of Worldline’s share capital to Atos’ shareholders leading to the creation of 2 listed global pure play leaders. As a consequence, while continuing their industrial and commercial partnership, Atos will reinforce its focus as a leading digital pure player and Worldline will benefit from an strengthened equity profile and enhanced ability to pursue consolidation opportunities.  Read more »

Banpara selects Netscout to monitor service availability

NETSCOUT SYSTEMS, INC., (NASDAQ: NTCT), a leading provider of service assurance, security, and business analytics, announced today that Banpará – Banco do Estado do Pará – one of the most-highly respected retail banks in Brazil, has deployed the nGeniusONE® Service Assurance Platform to ensure the availability of its services as it expands its operations and extends its infrastructure.  Banpará is the bank of the Brazilian state of Para and one... more Read more »

Fintify gets FCA approval

London based Fintify, a data insights driven money management app, has secured an approval from the Financial Conduct Authority (FCA) to operate as a Registered Account Information Service Provider (RAISP) this week.  The license permits Qbroot Financial Solutions Pvt. Ltd, which owns the brand ‘Fintify’, to provide aggregation and data analytics-based insights to users under the Open Banking guidelines.  Open Banking follows the PSD2 regulatory... more Read more »

Sepio Systems introduces an end-to-end solution that protects organizations against rogue hardware cyber-attacks

Sepio Systems, a leader in the Rogue Device Mitigation (RDM) market, introduces the next generation software solution that offers comprehensive mitigation of hardware-based cyber-attacks. The advanced mitigation capabilities protect against manipulated peripherals, transparent network devices, and firmware vulnerabilities.  Sepio's solution has been deployed in over 20 mid to large banks, insurance, and telecom companies in the U.S., Singapore,... more Read more »

Tech innovation aims to solve growth challenge at Self-Service Banking Asia 2019

Self-Service Banking Asia returns to Thailand on 3rdand 4thApril 2019. RBR’s flagship Asian conference will explore how the rapid growth in demand for banking services is being addressed with innovative new technology. Presentations will cover the latest developments in cloud-based ATMs, cash recycling and integration of mobile, as well as the ongoing challenges of financial inclusion and rural access to cash. Thailand and southeast Asian... more Read more »

Lexmark Extends Enterprise Strength into SMB Market with Two-Series Product Line

Lexmark, a global imaging solutions leader, today announced it is bringing its enterprise scale strengths to a new line of printers designed for the SMB market. The Lexmark Two Series is designed for micro-workgroups looking to simply and securely print, copy, fax and scan, all within a compact and easy-to-use device. Read more »

B-Hive tackles the winning formula of fintech hubs in a European Fintech Report

A European Fintech Hub Report, published today by B-Hive, takes a deep dive into the European fintech scene in 2018. The report discusses the strengths of key European fintech hubs, the importance of collaboration and provides insight into the multiple opportunities that fintechs can tap into across Europe to further expand internationally. Read more »

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