Infrastructure

Micro Focus guides enterprises into the digital transformation era

Micro Focus today announced a critical milestone in a years-long effort to create and deliver solutions that help organisations transform their business in accordance with rapidly evolving IT requirements. Read more »

Nordea Economic Outlook: Shaky ground

The trade war, political uncertainty in Europe and tighter financial conditions are hurting economic development, and we have downgraded expectations for growth in the world economy this year and next,” says Nordea’s Group Chief Economist, Helge J. Pedersen. “In the Nordics, the focus is on higher policy rates and their likely impact on each country. The role of household debt and its effect on the housing market will not be trivial, and... more Read more »

Clarivate Analytics partners with the Egyptian Knowledge Bank (EKB) to launch Converis

Clarivate Analytics, a global leader in providing trusted insights and analytics to enable researchers to accelerate discovery, has partnered with the Egyptian Knowledge Bank (EKB), the government's digital library and online knowledge hub, to launch Converis and implement a national research management system.  Converis will be hosted by the Egyptian National Science and Technology Network (ENSTINET) and it will allow Egypt to manage research... more Read more »

Central Bank of Brazil introduces virtual assistant service

​In January 2019, the Central Bank of Brazil launched the web application Din, a new communication channel that aims to facilitate the citizens' access to information regarding their ongoing relationship with financial institutions. Given that around a third of information requests submitted to the Central Bank are about the reports available in "Registrato" database, Din is a chatbot placed on the "Registrato" page – available only on... more Read more »

Gartner Names Icertis Key Player in Fast-Growing Contract Life Cycle Management Market

Icertis, the leading enterprise contract life cycle management platform in the cloud, today announced Gartner, a leading research and advisory company, designated Icertis as a key player in the contract life cycle management (CLM) market. Read more »

Barclays supporting UN Sustainable Development Goals

Barclays CEO Jes Staley on the bank’s commitment to the United Nations’ Sustainable Development Goals – a call to action to promote prosperity while protecting the planet. The United Nations’ 17 Sustainable Development Goals highlight how ending poverty goes hand-in-hand with strategies that build economic growth and address social needs including education, health and job creation.  Read more »

PINTEC Aids Launch of Next-Generation Handset Financing for China Mobile's Subscribers

Pintec Technology Holdings Limited ("PINTEC") (Nasdaq: PT), a leading independent technology platform enabling financial services in China, today announced it has joined a partnership to help launch next-generation handset financing for China Mobile's subscribers. Read more »

IBM signs $260M Digital Transformation Deal With Philippine Bank

IBM and the Bank of the Philippine Islands signed a $260 million multi-year services agreement calling for IBM to provide IT services for agile IT and hybrid cloud, as well as development to accelerate BPI's digital transformation, IBM said Wednesday.  Read more »

Guernsey leads the way on smart contracts

Guernsey is demonstrating its global leadership in drafting new laws to offer certainty in the use of “Electronic Agents” in transactions and contract matters, and to create a smart, secure environment for the exploitation of technology for specialist financial services. The lodging of the Electronic Transactions (Electronic Agents) (Guernsey), 2019, Ordinance this week offers greater certainty as the use of artificial intelligence and... more Read more »

IHS Markit Adds Nine Financial Institutions to Industry Design Team for SFTR Reporting

Business information provider IHS Markit (Nasdaq:INFO) today announced that ABN AMRO, Banco Santander, Bank of America Merrill Lynch, Barclays, Goldman Sachs, ING and three other financial institutions have joined its technology design team for Securities Financing Transaction Regulation (SFTR) reporting. Read more »

Fenergo Enables Self-Service Platform Configuration with Digital Configuration Studio

Fenergo, a leading provider of Client Lifecycle Management (CLM) solutions for financial institutions, introduces Fenergo Digital Configuration Studio, a low to no-code administration suite that allows financial institutions to easily configure the Fenergo CLM solution to suit their organisational needs. Read more »

Growth Street aims to transform business lending with £7.5m scale-up round led by Merian Chrysalis

Signalling a vote of confidence in British fintech, business lending platform Growth Street has raised a £7.5m scale-up investment round led by the Merian Chrysalis Investment Company Limited (Merian Chrysalis). Asset manager Merian Global Investors has joined forces with leading individual investors including Rob Rankin, former co-Head of Corporate Banking & Securities at Deutsche Bank, and Peter Brodnicki, CEO of the Mortgage Advice Bureau... more Read more »

RESEARCH REVEALS POOR UNDERSTANDING OF BLOCKCHAIN AMONGST SENIOR BUSINESS EXECUTIVES

New research amongst institutional investors from the Global Blockchain Business Council (GBBC) - the leading association for the blockchain ecosystem - reveals 63% believe senior executives at large established businesses have a poor understanding of blockchain.  Only 7% described their understanding as ‘good’, with the remainder describing it as ‘average’. Read more »

Signals Mixed for Europe’s Markets

Financial scouts note that European stock markets now face many incoming cues that are really mixed. The biggest current news on both sides of the spectrum is the Brexit uncertainty and the meaningful progress towards resolving the U.S.-China trade war. Read more »

Hailo expands Series A round to $21M and launches Hailo-8™ Fast Track program for select customers

Israeli startup Hailo, developers of a proprietary processing architecture for deep learning on edge devices, has expanded its Series A funding round to $21 million.  Read more »

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