Almost four in ten say they won’t need cash in ten years time as contactless proves popular for many
- 9 years 4 months ago
- Payments
43% of people look to contactless payments as the payment method of the future. Within the next five years, one in three (34%) expect to be using a mobile device on a day-to-day basis to make payments. By 2025, over one in five (22%) think they will be regularly using their fingerprint to pay for goods and services. The latest research from Lloyds Bank on the future of payments shows many people believe they won’t need cash in the near future...
Commercial lending and supply chain finance growth under biggest threat from non-bank players, finds Misys survey
- 9 years 4 months ago
- Banking
Banks believe that new digitally enabled supplier finance networks and alternative lenders now pose a significant threat to every part of the commercial lending business, according to a new survey conducted by Misys, the leading financial software company. Key findings from the survey include: · 68% cited small business lending as being under high threat · 61% see competitive pressure in supply chain finance product lines, such...
Basware Appoints Amabel Grant as UK managing director
- 9 years 4 months ago
- People Moves
Basware, the leading provider of e-invoicing and purchase-to-pay solutions, is accelerating the uptake of e-invoicing in the UK through a new senior appointment. Amabel Grant is joining Basware through the company’s acquisition of Procserve, the leading eProcurement software solution provider focused on the UK public sector. Grant’s new role will see her focused on improving the growth of Basware’s Commerce Network, particularly within the...
UK credit checking startup Ormsby Street launches in Italy
- 9 years 4 months ago
- Retail Banking
Fintech startup Ormsby Street has launched its innovative credit-checking tool CreditHQ in Italy, as part of a new partnership with one of Italy’s biggest and most-used banks.
Intelliflo delivers ‘need for speed’ enhancement with SanDisk’s Fusion ioMemory PCIe application accelerators
- 9 years 4 months ago
- Infrastructure
Intelliflo, the UK’s leading provider of web-based business management software, has invested in an enhancement to its Intelligent Office (iO) service that is delivering a 50 percent improvement in page response times for the majority of its 12,600 users. The enhancement, which went live in June 2015, combines key innovations from the latest Microsoft database technology with flash-based, Fusion ioMemory™ PCIe application accelerators to...
EagleEye Analytics Selected by Zurich Insurance Group for Trial Project
- 9 years 4 months ago
- Insurance
EagleEye Analytics, provider of the most advanced machine learning predictive analytics technology for insurance, has been selected by Zurich Insurance Company Ltd. to conduct a 14 month trial of EagleEye's Talon Predictive Analytics System for its global advanced analytics initiative. In an earlier Proof of Concept project, EagleEye worked with Zurich modelers in Brazil and Italy to prove the superiority of EagleEye's machine learning...
SimCorp Survey Reveals the Majority of Buy-Side Firms Are Processing Complex Swaps Manually
- 9 years 4 months ago
A recent survey released by SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has revealed that 44% of buy-side asset managers are relying on mostly or completely manual processes for managing complex swaps across the investment lifecycle. And more than 50% claim they still require some amount of manual intervention in a semi-automated process.
US behind UK in digital payments
- 9 years 4 months ago
- Payments
A new study from international payments engine Currency Cloud, reveals the majority of US businesses continue to battle major innovation hurdles when moving money across borders. Through a survey of US and UK finance professionals, Currency Cloud found the US has a lot to learn from its UK counterparts when it comes to international payments, with nearly half (47 percent) of US businesses still relying on old-fashioned paper checks. In contrast...
Incentivise Savers To Boost Invsetment For Mid-Sized Firms – CBI/BDO
- 9 years 4 months ago
- Investment
Offering tax incentives to savers who commit to providing long-term finance for medium-sized businesses (MSBs) would help growing firms realise their full potential, according to a new CBI/BDO report. Stepping up: fixing the funding ladder for MSBs recommends ways the Government can encourage long-term debt and equity investment in these firms. The ‘forgotten army’ of Britain’s businesses, MSBs represent just 1.8% of companies, but generate...
Checkout.com To Expand Online Banking With Sofort Payment Option
- 9 years 4 months ago
- Payments
Checkout.com is diversifying its online banking payment method mix by offering Sofort, an important European payment method, to its e-commerce merchants. SOFORT, a popular European payment method, is now available within Checkout.com’s Checkout platform. With one integration, Checkout.com merchants looking to sell in Europe can easily reach up to 18 million additional customers in 13 countries: Germany, Austria, France, Italy, Poland, Spain,...
Luxembourg’s banks select Worldline’s ACS platform for 3D-Secure
- 9 years 4 months ago
- Payments, Security
Worldline, European market leader in payment and transactional services, has been selected by the Luxembourg banking community to provide its Access Control Server solution for 3D-Secure, in cooperation with LuxTrust, a Luxembourg-based certification authority.
UK fintech firm Alpha Insight rolls out into global banking sector
- 9 years 4 months ago
- Banking
Alpha Insight, a UK fintech company with a three-year track-record of exceptional delivery, is looking to shake up the global financial sector through its real-time process monitoring and measurement solutions. Combining deep financial experience and technical monitoring skills, Alpha Insight successfully makes sense of millions of metrics, creating unrivalled end-to-end insight into financial organisations’ business flows without the...
Adecco Group Improves Bid Efficiency by 30 Percent with Huddle
- 9 years 4 months ago
- Cloud
Adecco Group, the world’s leading provider of HR solutions, has today announced a 30 percent increase in bid efficiency since deploying enterprise cloud content collaboration platform Huddle. Huddle has enabled Adecco to shorten timeframes for collecting, sharing and managing the information and resources needed to prepare high quality bids by 30 percent — and close more sales opportunities.
Demand for IT security skills grows in line with adoption of cloud and mobile technologies
- 9 years 4 months ago
- Cloud, Security
IT security professionals are set to be in huge demand for the rest of 2015, according to a newreport1 from Robert Half Technology. Almost half (47%) of UK CIOs predict that they will appoint additional IT security personnel to their teams this year. A similar number (45%) say that they will enhance cloud security in 2015,
IHSE GmbH shortlisted for IABM Design & Innovation Award
- 9 years 4 months ago
- Infrastructure
IHSE GmbH has announced that it has been shortlisted in the Content and communication Infrastructure category of the IABM Design & Innovation Awards. The awards will be casting the spotlight on new solutions or products that bring benefit or create new opportunities to the broadcast and media industry.
