EIT Director appointed by EIT Governing Board
- 6 years 8 months ago
- IT Innovations, People Moves
The European Institute of Innovation and Technology (EIT) today announced that Martin Kern has been appointed as EIT Director by the EIT Governing Board. This decision will help the EIT deliver on its mission to increase Europe’s ability to innovate in 2020 and beyond.
Abu Dhabi Global Market (ADGM) announcing new tour dates in FinTech Abu Dhabi’s search for global fintech talent
- 6 years 8 months ago
- IT Innovations
FinTech Abu Dhabi, MENA’s leading FinTech festival, hosted by Abu Dhabi Global Market (ADGM),the award-winning international financial centre, is pleased to announce that its global FinTech tour will be reaching even more cities ahead of the main event in Abu Dhabi in October 2019. The FinTechAD Tour, which is co-organised by the ADGM and Unbound, is visiting global financial hubs to identify the most exciting FinTech start-ups and talent in the... more
Esme Loans reaches £70 million of lending to UK SMEs
- 6 years 8 months ago
- Financial
Esme Loans, the standalone digital lending platform for SMEs and scale up businesses, has today announced that it has now lent over £70million to UK businesses. The lender has seen a sustained period of rapid growth in lending to small businesses, with the most recent milestone representing over £20m of lending in the space of four months, an increase of 40% in the lender’s total loan book. At its current trajectory, the provider will have... more
Most financial services firms ‘not prepared’ for digital transformation, research suggests
- 6 years 8 months ago
- Financial
Tens of thousands of financial services businesses are avoiding upgrading their digital systems because they don’t deem digital transformation to be important, research suggests. Six in 10 (62%) business leaders believe there are other priorities over the next 12 months, according to a nationwide survey of managers and C-suite executives. Alarmingly, nine in 10 (92%) business leaders said they were not well-equipped or prepared for digital... more
Qatar Innovation Week: Celebrating The Value Of Future Technologies This November
- 6 years 8 months ago
- IT Innovations, Infrastructure
Reiterating what the CEO of Google, Sundar Pichai had said, “AI may become more profound than fire or electricity.” Artificial Intelligence, in all probabilities, is becoming an economic arsenal for most countries around the world today, including the West Asian country that sits on the Arabian Peninsula. Yes, we’re talking about Qatar, the country with one of the richest economies in the world. With a blueprint already in place to set the... more
Poll reveals low confidence in month-end close process
- 6 years 8 months ago
- Management, Financial
Almost three-quarters *(73%) of respondents to an MHR Analytics Twitter poll revealed they are not confident about their data and numbers on month-end closes and audit submissions. The findings from the survey of 1,000 respondents underline the increasing pressures facing finance teams. A separate **survey showed the new IFRS 16 lease accounting legislation to be taking its toll, with 30% of respondents calling it ‘complex,’ 17% ‘resource heavy... more
Micron Unveils Industry’s Highest-Capacity Monolithic Memory for Mobile Applications
Micron Technology, Inc. (Nasdaq: MU), today unveiled the industry’s highest-capacity monolithic 16Gb low-power double data rate 4X (LPDDR4X) DRAM. Capable of delivering up to 16GB1 of low-power DRAM (LPDRAM) in a single smartphone, Micron’s 16Gb LPDDR4X extends the company’s leadership in memory capacity and performance for current and next-generation mobile devices.
Abacus Group Named to Inc. Magazine’s Annual List of America’s Fastest-Growing Private Companies—the 2019 Inc. 5000
Inc. magazine today revealed that Abacus Group, a leading provider of hosted IT solutions and services for alternative investment firms, has been named to the 2019 Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.
Banking on your voice
- 6 years 8 months ago
- Banking, IT Innovations
NatWest customers will be able to bank from home using just their voice with the launch of a pilot using innovative voice technology enabling customers to do banking through the Google Assistant on their Google Home smart speaker or smartphone. The pilot of 500 customers will run for three months.
The Post-Trade Distributed Ledger (PTDL) Group Welcomes Largest Investment Bank in Latin America to its Organising Committee
- 6 years 8 months ago
- Investment, Banking, Technical
The Post-Trade Distributed Ledger (PTDL) Group, which brings together major post-trade industry participants and regulators to drive the transformation of distributed ledger technologies within the post-trade landscape, welcomes BTG Pactual the Brazil based investment bank to its organising committee.
TIBCO Named an Enterprise BI Leader in Two Industry Reports for its Client-Managed and Vendor-Managed Platform
- 6 years 9 months ago
- Data, IT Innovations
TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it was named a Leader in The Forrester Wave™: Enterprise BI Platforms (Vendor-Managed), Q3 2019 by Forrester Research.
MAS Issues New Rules to Strengthen Cyber Resilience of Financial Industry
- 6 years 9 months ago
- Security and Compliance, Security, Financial
The Monetary Authority of Singapore (MAS) today issued a set of legally binding requirements to raise the cyber security standards and strengthen cyber resilience of the financial sector. The Notice on Cyber Hygiene sets out the measures that financial institutions must take to mitigate the growing risk of cyber threats. The Notice will make compulsory key elements in the existing MAS Technology Risk Management (TRM) Guidelines. Specifically, it... more
Agenda of IFINTEC Finance Technologies Conference and Exhibition is Announced
- 6 years 9 months ago
- FinTech StartUps, IT Innovations, Infrastructure
The Agenda of IFINTEC Finance Technologies Conference and Exhibition (09-10 April 2019 - Istanbul, Turkey) is announced on the event website. IFINTEC is a global conference which is one of the biggest and most important conferences in EMEA region with its focus on Retail Banking, Digital Banking, Core Banking, Payment Systems, Banking Technologies, Banking IT Solutions, Digital Transformation and Finance Technologies. With 900+ attendees,... more
Fintech financing is in the highest demand in urban areas in Asia
Residents of urban areas fall back upon fintech services providing personal financing far more often than in less urbanized regions. These are the findings on the regional use of online financing in the Philippines, Indonesia, Vietnam and India mapped by the analysts of the financial holding Robocash Group.
Sterling fall could lead to surge in Chinese citizens buying British goods/visiting the UK -spending power could increase by 22%
- 6 years 9 months ago
- Digital Identity, Financial
JGOO, the next generation mobile payments platform, says the increased chance of a hard Brexit and the growing possibility of a general election means Sterling could fall further, leading to a possible surge in Chinese tourists visiting the UK and buying the country’s goods online.
