FICO Survey: Millennials 2 To 3 Times More Likely To Switch Banks
- 10 years 1 week ago
- Banking
FICO’s latest consumer research on why people switch banks found that Millennials (25-34 years-old), a group at the peak of financial services usage, are 2 to 3 times more likely to close all accounts with their primary financial institution than people in other age groups. The same demographic said they are twice as likely to close all accounts and switch banks this year than they were last year. This could drive a high amount of customer churn...
KKR Releases Eco-Innovation Award for KKR portfolio companies
- 10 years 1 week ago
- Investment, IT Innovations
In the spirit of innovation and value creation, KKR, a leading global investment firm, today announced the launch of the Eco-Innovation Award for KKR portfolio companies as part of the Firm’s Green Solutions Platform(GSP), a global effort to identify, supp
Finova Financial Secures Record-Breaking $52.5 Million FinTech Funding
- 10 years 1 week ago
- Cash management, Infrastructure
Finova Financial’s industry-first, cloud and mobile-based consumer auto title lending platform has raised $52.5 million in a combination of equity and a credit facility, one of the largest initial rounds in FinTech industry history.
RiskIQ Joins IBM Security App Exchange Community
- 10 years 1 week ago
- Management, Security
RiskIQ launched RiskIQ PassiveTotal App For IBM QRadar, which integrates with IBM security intelligence technology to achieve fully integrated external threat context to security incidents. Joint customers can accelerate incident remediation seamlessly by accessing internet datasets as they investigate offenses in IBM QRadar. RiskIQ scans and collects external internet data at massive scale—datasets the RiskIQ’s PassiveTotal App uses to create a...
Square Partners with Upserve to Provide More Businesses Access To Funding
- 10 years 1 week ago
- Fund Management, Infrastructure
Square and Upserve announced a partnership providing Upserve customers access to fast, flexible, and straightforward funding for their restaurants through Square Capital. This is the first time loans through Square Capital will be available to businesses that operate outside of Square’s payment processing ecosystem. Working with Upserve, Square will apply its innovative machine learning models to enable Upserve customers to select loan offers...
According to NRF/Forrester Survey, EMV Pushing Aside Other Payment Initiatives
- 10 years 1 week ago
- Payments
Reducing credit and debit card fraud by implementing EMV chip card acceptance has become retailers’ top payment issue in 2016, but retailers are also busy with new data security enhancements such as point-to-point encryption and tokenization to better protect payment card data. That’s according to a new study released today by the National Retail Federation and Forrester that surveys CIOs and technology executives at 59 large and mid-sized...
Pactera Launches Innoveo Skye Insurance Innovation Suite Solution
- 10 years 1 week ago
- IT Innovations
Pactera Technology International Ltd. (Pactera) announced the launch of its Innoveo Skye® Insurance Innovation Suite with Glenview, IL-based Combined Insurance. Innoveo Skye® (www.innoveo.com) is a multi-channel web-based software that enhances the way insurance companies bring products to market with dynamic configuration of insurance products, processes and distribution channels. Combined Insurance is a leading provider of supplemental...
QASymphony Chooses Bridge Bank for its Technology Industry Expertise
- 10 years 1 week ago
- Alternative Finance
Bridge Bank announced today that it has provided a $3 million venture term loan facility to Atlanta-based QASymphony, a leader in agile testing software. QASymphony will use the credit facility to help finance its ongoing growth strategy, including expansion into the European market.
Kevin Quiggas Joins ACSI Funds as Chief Strategist
- 10 years 1 week ago
- People Moves
ACSI Funds, an asset management firm specializing in the use of proprietary customer satisfaction data as a leading indicator for security selection, is pleased to announce the appointment of Kevin Quiggas Chief Strategist. ACSI Funds had previously been operating under the name CSAT Funds.
Torani Opts VersaPay ARCTM to Automate its Invoice to Cash Processes
- 10 years 1 week ago
- IT Innovations, Infrastructure
VersaPay Corporation (, a leading provider of cloud-based invoicing, accounts receivable management and payment solutions, announced that R. Torre & Company, maker of the iconic Torani brand flavouring syrups, has chosen VersaPay ARCTM as the platform to automate its invoice to cash processes.
Pactera Releases its Innoveo Skye® Insurance Innovation Suite with Glenview
- 10 years 1 week ago
- Insurance
JMP Group Names Andrew Mertz as Manging Director of Equity Capital Markets Division
- 10 years 1 week ago
- People Moves
JMP Group LLC, an investment banking and alternative asset management firm, announced today that Andrew Mertz has joined JMP Securities as a managing director in its equity capital markets division. Based in the firm’s New York office, Mr. Mertz assists publicly traded and privately held companies in the structuring and execution of equity offerings and equity-linked transactions.
SimCorp Releases Version 6.0 of Dimension
- 10 years 1 week ago
- Investment, Management
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, announced that it has released version 6.0 of its integrated investment management solution, SimCorp Dimension®. The new release, which is the second of this year's two releases, introduces a number of new modules and enhancements across front, middle and back office.
o9 Solutions Expands its Presence in India
- 10 years 1 week ago
- Cloud
o9 Solutions, an Indian entrepreneurs-led US-based technological solutions provider operating in India with the strength of 85 employees based out of its Bangalore office, has drawn up an ambitious plan to expand its operations in the growing India market by empowering more Indian companies with its innovative Cloud-based Decision Management Solutions for Enterprise Management Processes.
Chubb Unveils its Cyber Enterprise Risk Management Solution
- 10 years 1 week ago
- Risk Management, Infrastructure
Chubb announced today the launch of its Cyber Enterprise Risk Management (ERM)solution in the Asia Pacific region, kick-starting with Australia, Hong Kong and Singapore. In today's connected environment, cyber security is a widespread concern. Despite the higher incidences and losses associated with cyber breaches, businesses may not fully understand their cyber and data privacy risks until an event occurs.
