Fujitsu shares its top three predictions for financial services in 2019
- 5 years 10 months ago
- Infrastructure
When it comes to the financial services sector, businesses are going through a high-tension period marked by the need to contend with rapidly evolving cybersecurity threats, keeping pace with technology and choosing where to spend their money. The changing nature of work also means that financial services leaders are beginning to get more strategic about automation.
Securities Finance Industry Generated $9.96 Billion in Revenue in 2018
- 5 years 11 months ago
- Infrastructure
The global securities finance industry generated just under $9.96 billion in revenue for lenders in 2018, according to market data provider DataLend. It was a record year in terms of revenue generated for investors that lend out securities from their portfolios, referred to as beneficial owners, since DataLend began tracking the market in 2013. Beneficial owners include asset managers, insurance companies, pension funds and other institutional... more
CONSUMER FINANCIAL PROTECTION BUREAU SETTLES WITH USAA FEDERAL SAVINGS BANK
- 5 years 11 months ago
- Banking, Infrastructure
The Consumer Financial Protection Bureau (Bureau) today announced a settlement with USAA Federal Savings Bank, a federally chartered savings association headquartered in San Antonio, Texas.
HCL recognized as a Leader in ISG Provider Lens™ Research Quadrant for FAO Digital Operations, U.S. Market, 2018
- 5 years 11 months ago
- Infrastructure
HCL Technologies (HCL), a leading global technology company, has been recognized as a Leader by ISG in its recently published report, “ISG Provider Lens™ Research Quadrant for Finance & Accounting Outsourcing Digital Operations, U.S. Market, 2018.” According to the report, HCL has a strong presence in the U.S market and is using it to expand its footprint in finance BPO. HCL has invested heavily in advanced automation and analytics, which... more
One in ten UK companies could be a ‘zombie business’ – R3
- 5 years 11 months ago
- Infrastructure
Over one in ten (11%) UK companies is just paying the interest on its debts, rather than repaying the debt itself, according to new research from insolvency and restructuring trade body R3. Only being able to pay the interest, not the original debt itself, is one potential sign of a so-called ‘zombie business’ – a company which is only surviving thanks to low interest rates but which otherwise might not be viable.
Connexin Wins IoT Breakthrough Award for Smart City Deployment of the Year
- 5 years 11 months ago
- Infrastructure
Home-grown technology firm Connexin has been announced winners of the IoT Breakthrough Award for Smart City Deployment of the Year, for the Newcastle Smart Road pilot.
ASEAN is the most advantageous region for the development of fintech
- 5 years 11 months ago
- Infrastructure
The recent report from Deloitte conducted in partnership with Robocash Group stated that ASEAN countries have the highest potential in the fintech market up to 2020. The advanced landscape facilitates both the development of financial technologies and the inflow of investments expected to increase by over 20-30% in 2018 compared to the previous year.
Millions of UK citizens fail to vote in elections and referendums, exposing failure to meet public’s digital expectations
- 5 years 11 months ago
- Infrastructure
The growing expectations of UK consumers are coming up against the harsh reality of the digital services available, according to a survey of 2,500 UK adults commissioned by Liferay. This is, in turn, affecting people’s relationship with democracy, and with national institutions such as the NHS. For instance:
PRIVATE SECTOR ACTIVITY STEADY IN THE THREE MONTHS TO DECEMBER – CBI GROWTH INDICATOR
- 5 years 11 months ago
- Infrastructure
UK private sector activity was stable in the quarter to December, according to the latest CBI Growth Indicator. Read full survey here
One in three people now more likely to fundraise online
- 5 years 11 months ago
- Payments, Infrastructure
With nearly 70 per cent of charities in the UK seeing a fall in cash donation[1], new research today reveals that over a quarter (28 per cent) of UK consumers would rather make donations via their mobile devices than traditional methods, such as cash, cheques and standing orders.
Thales and Gemalto are granted regulatory clearances by the Australian and Mexican competition authorities
- 5 years 11 months ago
- Security, Infrastructure
Thales and Gemalto announce today that they have received merger control Regulatory Clearances from both the Australian Competition and Consumer Commission and the Mexican competition authority (Comisión Federal de Competencia Económica), following Thales's commitment to divest its general purpose hardware security modules (GP HSM) business globally1 to a suitable purchaser. This clearance is effective immediately.
Decreasing asset based lending advances for smaller businesses show impact of Brexit uncertainty
- 5 years 11 months ago
- Infrastructure
Analysis from Equiniti, the FTSE - listed share services and fintech business, of UK Finance statistics shows that continued Brexit uncertainty is having the biggest impact on the smallest businesses in relation to asset based lending and invoice finance borrowing.
Pay it Forward this New Year – Rewriting the code on career development
- 5 years 11 months ago
- Payments, Infrastructure
Packt, a global leader in publishing technology and coding eBooks and videos, are asking the technology community to ‘pay it forward’ by looking back at their career and paying their advice forward to support the next generation of technology leaders via a survey. The aim is to rewrite the code on career development and find out what everyday life looks like for those in our community.
Technology companies turning to niche specialisms to compete in fast moving business
- 5 years 11 months ago
- Infrastructure
Specialist technology talent is in greater demand than ever as technology reaches into every aspect of the economy, according to the Reed Technology State of Skills research.
GMI Integrates with Gold-i’s Matrix
- 5 years 11 months ago
- Infrastructure
FCA regulated institutional broker, Global Markets Index Ltd (GMI UK) has partnered with Gold-i to make its multi-asset liquidity accessible to Gold-i’s global client base. GMI’s integration with Gold-i enables Gold-i’s clients to access GMI’s FX and CFD liquidity.
