Intellect Design Arena to Expand in Turkey
- 9 years 1 week ago
- Investment
Intellect Design Arena Ltd, a specialist in applying true digital technologies across Banking and Insurance, today announced their entry into Turkey, reinforced with their first relationship with Tacirler Investment, the leading independent investment company licensed and regulated by the Capital Market Board of Turkey. Tacirler chose to partner with Intellect to digitize its brokerage, wealth, and treasury operations. This implementation will...
Wipro Announced Acquisition of Viteos Group
- 9 years 1 week ago
- M&A Deals
Wipro, a leading global information technology, consulting and business process services company today announced that it has signed a definitive agreement to acquire Viteos Group, a BPaaS provider for the Alternative Investment Management Industry for a purchase consideration of USD 130 million.
GDS and AliCloud Announced Strategic Partnership to Boost Cloud Services in China
- 9 years 1 week ago
- Cloud, Infrastructure
GDS, China's largest 3rd-party high-level data center service provider and AliCloud, Alibaba Group's cloud computing business unit today announced the formation of a strategic partnership to promote the development of enterprise-level hybrid cloud services in China. The partnership will combine GDS's extensive high performance data center infrastructure and CloudMiX™ service platform and AliCloud's leading cloud computing technology to provide...
Objectway Platform Remains its Domination in Wealth Management Technology Trends
- 9 years 1 week ago
- Wealth Management
Objectway, a leading provider of software and services to the EMEA investment management industry, showed how its software platform is leading the industry in innovation by highlighting new wealth management industry research during its International Customer Conference in London, on December 2nd.
SIA and INFORM Team up to Fight Frauds on Digital Payments
- 9 years 1 week ago
- Payments, Security, Fraud Detection
INFORM’s innovative RiskShield solution has been integrated inside SIA’ s infrastructure to securely safeguard acquiring banks and financial clients across Europe by leveraging on real - time fraud preventio
Fairfax Announced Acquisition of Eurolife's 80% Interest
- 9 years 1 week ago
- M&A Deals
Fairfax Financial Holdings Limited announced that it has entered into an agreement with Eurobank to acquire an 80% interest in Eurolife ERB Insurance Group Holdings S.A. ("Eurolife") for a purchase price of EUR316 million. The transaction is subject to customary closing conditions, including various regulatory approvals, and is expected to close by the end of the third quarter of 2016.
Ingram Micro Announces Acquisition of Grupo ACAO
- 9 years 1 week ago
- Cloud, M&A Deals
Ingram Micro Inc. (NYSE: IM) today announced that it has entered into a definitive agreement under which, subject to closing conditions, Ingram Micro will acquire Sao Paulo, Brazil-based Grupo AÇÃO (AÇÃO), one of Latin America's leading providers of critical value-add IT solutions. In addition to a portfolio of higher value products, including those from strategic vendors such as IBM, Oracle, Red
IFC and LAPO Microfinance Bank to Expand in Nigeria
- 9 years 1 week ago
- Banking, Financial, Infrastructure
IFC, a member of the World Bank Group, signed an agreement to work with LAPO Microfinance Bank Ltd to pilot and roll out agent banking that will increase access to financial services for low-income customers, small-scale entrepreneurs and rural communities. IFC is also providing a 2 billion Naira (approx. $10 million) loan to support LAPO MfB's lending to micro-entrepreneurs. This is the largest investment IFC has made in a microfinance...
Ooredoo Announced Partnership with GoSwiff to Enhance its International mPOS
- 9 years 1 week ago
- Payments, Infrastructure
Ooredoo Group today announced that it has selected GoSwiff, a global mobile payments and marketing solutions provider, as its partner for the implementation of its international mPOS (mobile point of sale) platform. The partnership will cover nine markets including Algeria, Indonesia, Iraq, Kuwait, Myanmar, Maldives, Oman, Qatar and Tunisia. It will include recruiting merchants to the platform, from large corporates to micro-merchants.
Credibly Announced Partnership with JetPay
- 9 years 1 week ago
- Payments, Infrastructure
Credibly, a tech and data-inspired lending platform that makes access to capital for small businesses simple and intuitive, announced today a partnership with JetPay Payment Services, a division of JetPay Corporation (NASDAQ:JTPY), a leading provider of debit and credit card processing services. The partnership gives JetPay’s distribution network streamlined access to Credibly’s lending platform, providing more capital for their U.S.-based small...
Neptune Announced Expanding its Business
- 9 years 1 week ago
- Infrastructure
Neptune, the open standards network utility for pre-trade indications in bond markets, today confirmed that it is continuing to expand its business to the wider community. The utility had an initial launch in August, with a limited set of buy-side and sell-side sponsors using the network. Neptune has already seen strong growth in the amount of quality data flowing through the network enhancing pre-trade transparency for those market...
BT Expands in North America via the OREX Trading Platform
- 9 years 1 week ago
- Infrastructure
BT today announced that it is making it easier for institutions with a presence in North America to access foreign exchange, metals and commodities markets via the OREX trading platform of leading financial services company, ADS Securities. Abu Dhabi-based ADS Securities is the largest brokerage by volume in the Middle East and one of the fastest growing forex and investment companies globally. The company will use BT Radianz Services to allow...
Earthport's Cross-Border Payment Services Selected by Citizens Financial Group
- 9 years 1 week ago
- Transaction Banking, Payments, Infrastructure
Earthport (AIM: EPO.L), the leading payment network for cross border transactions, has been selected by Citizens Financial Group, Inc (“Citizens”), to provide cross-border payments services.
EMP and East Africa Bank Group Partner to Enhance Electronic Payments Services
- 9 years 1 week ago
- Payments
Emerging Markets Payments (EMP), the leading payments processing company in Africa and the Middle East, has announced that it has signed an agreement to provide electronic payment processing services for East Africa Bank. EMP will assist the bank to expand its issuing and acquiring services in the bank’s Djibouti and Somalia operations.
Cisco and Bank Simpanan Nasional to Deploy Vitual Teller Machines
- 9 years 1 week ago
- Infrastructure
Cisco -- Malaysia's premier savings bank, Bank Simpanan Nasional (BSN), is transforming their products and services to appeal to a new generation of digital-enabled customers by deploying Virtual Teller Machines (VTM) across 31 branches. Built on Cisco(R) Unified Communication and Cisco Unified Computing platforms the VTM helps enable virtual, real-time engagement between customers and tellers in any of the branches, through a highly secure and...
