Siemens To Expand Financial Solutions For Asia-Australia Region
The Monetary Authority of Singapore (MAS) grants approval for Siemens Bank GmbH Singapore Branch to operate as a merchant bank in Singapore. The new branch will cover financing activities for the Asia-Australia region. In addition to its main pillar, the loan and guarantee business, the branch will also provide selected finance advisory services for the Siemens group companies in Asia-Australia.
UK Fintech Market Turns to Artificial Intelligence and Puts Customers First
- 8 years 9 months ago
- FinTech StartUps, IT Innovations
In a new report, ‘The start-up view: a year in FinTech’,Startupbootcamp and PwC analyse application data from Startupbootcamp’s FinTech accelerator programme as well as the volume of deals in the UK FinTech market in 2016. Working alongside startups and financial services companies, they have seen a big change in culture over the past year and a shift towards a better understanding of artificial intelligence and its potential to solve customer... more
Lantern Credit acquires ARC Machine Learning Library
- 8 years 9 months ago
- IT Innovations
Lantern Credit, a financial technology company working to solve systematic inefficiencies in the consumer credit industry, is enhancing its proprietary machine learning engine, Beam AI, with the acquisition of the Abstract Regression-Classification (ARC) Machine Learning Library. The machine learning library enables Lantern Credit to use a human-machine hybrid learning approach that incorporates human guidance in the machine learning training... more
Tieto assisting Preem extend use of e-invoicing services
- 8 years 9 months ago
- IT Innovations, Financial
Tieto has widened its partnership with Preem, the largest fuel company in Sweden, for the extension of e-invoicing services. The increased use of e-invoices is expected to save Preem 1,1 million SEK over a 25-month period and further boosts the company’s environmental efforts by decreasing the use of paper. The new deal gives Preem the ability to send electronic invoices to all clients and suppliers directly through their Internet bank, even if... more
Symvan Capital aims at £10m for Technology EIS investment fund
- 8 years 9 months ago
- Investment, IT Innovations
Symvan Capital, provider of tax-efficient disruptive technology investment opportunities, is targeting a £10 million fundraising for its new high-growth technology EIS fund. This fund will benefit from the government’s Enterprise Investment Scheme (EIS). Namely, capital gains on disposal of shares are freed from Capital Gains Tax after three years, relieved capital gains or income is available for EIS shares which are disposed of at any time at... more
London Institute of Banking Releases New Swift-endorsed Qualification for Global Payments Industry
- 8 years 9 months ago
- Payments, IT Innovations
The London Institute of Banking & Finance has today introduced a new qualification for those working in the global payments industry.
Sift Releases Free App for iOS And $1.5 Million Seed Round Investment
- 8 years 9 months ago
- Investment, IT Innovations
Today, Sift, a free application that maximizes credit card benefits and earns reimbursements for consumers, announced a $1.5 million Seed Round and the public release of their app, available for iOS on the App Store.
Penta Teams up with solarisBank to Offer Startup and Business Bank Accounts to Shape Future of Business Banking
- 8 years 9 months ago
- Banking, FinTech StartUps, IT Innovations
Penta, the Berlin based bank account for startups and businesses, has partnered with solarisBank, the banking platform empowering finance pioneers, as their banking part- ner to offer businesses fast access to bank accounts.
Fiserv Integrates Credit Score Monitoring into Digital Banking
- 8 years 9 months ago
- FinTech StartUps, Financial
Fiserv Inc, a leading global provider of financial services technology solutions, has launched Credit Sense, a solution that enables financial institutions to meet consumer expectations for personalized credit information by integrating credit scores into the digital banking experience. Credit Sense provides a credit score, daily credit monitoring, insight into factors influencing credit score and free financial education resources. Credit Sense... more
Top Image Systems Reports Fourth Quarter and Full Year 2016 Results
- 8 years 9 months ago
- IT Innovations, Infrastructure
Top Image Systems, Ltd., a global innovator of intelligent content processing solutions, today announced its financial results for the fourth quarter and year ended December 31, 2016.
Successful Implementation of ICS BANKS Finance Lease System from ICSFS at Al Etihad Finance Leasing Company
- 8 years 9 months ago
- Transaction Banking, IT Innovations
ICS Financial Systems Limited (ICSFS), the global leading provider of financial software solutions and services to banks and financial institutions, is pleased to announce the successful implementation of ICS BANKS Finance Lease System at Al Etihad Leasing Company, a newly formed finance company owned by Bank al Etihad.
Lincs Inspire gets its finances into shape with Advanced
- 8 years 9 months ago
- IT Innovations, Infrastructure
Lincs Inspire, which helps people in North East Lincolnshire lead more active and healthy lives through sport, culture and entertainment, is creating a healthier future for itself after implementing a cloud-hosted financial solution from Advanced*. The social enterprise is using a suite of services to ensure its financial and reporting structures are fit, agile and shape a mobile workforce in keeping with its active ethos.
Idea Cellular and Mahindra Comviva Launches Private Recharge For Women
- 8 years 9 months ago
- Payments, IT Innovations
Idea Cellular, one of the leading wireless operators in India and Mahindra Comviva, the global leader in mobility solution, have announced today that Private Recharge, a unique electronic recharge service for women is now live in 14 telecom circles in India. Private Recharge allows women customers of Idea to recharge their prepaid mobile connection and pay their postpaid bills, at any retail outlet without revealing their mobile number.
Upheaval of UK Currency is Expected
- 8 years 9 months ago
- Payments, IT Innovations
In the wake of the successful introduction of the new £5 note in 2016, businesses now face the most complex part of the biggest upheaval of UK currency in decades, says Cummins Allison, the leading innovator and provider of coin and currency processing solutions. While the new one pound coin is expected to be introduced smoothly this month, the greater challenge to organisations and consumers alike will be the withdrawal of the old, paper five... more
intec presents measurement solutions for Super Vectoring and G.fast at CeBIT 2017
- 8 years 9 months ago
- IT Innovations, Infrastructure
intec, major European provider of xDSL, Ethernet and IP measurement technology, is presenting its high-end ARGUS® multifunction testers at CeBIT, the world's largest information technology and telecommunications trade show. All visitors are invited to experience the testers' performance on an actual street cabinet in live demos at intec's booth in hall 12.
