Tagged: digital transformation

August 8, 2024 @ 4:05 am By Omar Faridi  |  

Tech Mahindra (NSE: TECHM), a global provider of technology consulting and digital solutions to enterprises across industries, has announced a partnership with Finastra, a global provider of financial software applications and marketplaces, to help corporate banks accelerate their digital transformation journeys. Through the partnership, Tech… Read More

June 30, 2024 @ 8:34 pm By Omar Faridi  |  

Taiwan-based CTBC Bank has implemented the Avaloq Core Platform in order to digitally transform its private banking business. The new platform enables CTBC Bank “to offer specialized private banking products and services in Hong Kong and Singapore.” CTBC Bank is reportedly “the largest privately owned… Read More

June 26, 2024 @ 11:51 pm By Omar Faridi  |  

Gresham, a provider of financial technology solutions, has released a research report, titled “US Banks’ Data Transformation Journeys at a Crossroads” that reveals fewer than 1-in-10 banks are at the leading edge of data and digital transformation. The report, which surveyed 120 banking leaders from… Read More

June 4, 2024 @ 1:32 pm By Omar Faridi  |  

Zafin, the provider of SaaS core modernization and transformation solutions for banks,  announced the appointment of Michael Nitsopoulos as Chief Product Officer. Michael reportedly brings “over 23 years of experience driving product innovation and solutions across multinational organizations, including financial services, telecommunications, retail, public sector,… Read More

May 3, 2024 @ 10:24 am By Omar Faridi  |  

AccessFintech, the provider of real-time data insights and collaboration across financial markets, is working with BNY Mellon, the global financial services company, to bring a joint solution to the market for addressing foreign exchange (FX) workflow challenges ahead of the forthcoming T+1 settlement regulations. Upcoming… Read More

May 1, 2024 @ 3:30 pm By Omar Faridi  |  

OKX‘s investment arm OKX Ventures has recently announced a research and education collaboration with Stanford’s Future of Digital Currency Initiative (FDCI), aiming to promote blockchain innovation and sustainability. As part of the Stanford School of Engineering’s Department of Computer Science, FDCI is an industrial affiliates… Read More

April 21, 2024 @ 12:46 pm By Omar Faridi  |  

Accenture Federal Services has entered into an agreement to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. Founded in 2008 by Michele Kang, Cognosante has grown “to become a trusted provider of innovative… Read More

April 16, 2024 @ 5:59 pm By Omar Faridi  |  

It’s becoming important for businesses to undergo digital transformation, with 54% of global consumers saying that brands lack a deep understanding of customers. The new generation of shoppers, especially Gen Z and millennial consumers, reportedly “want 70% of their interactions with brands to be digital.”… Read More

March 17, 2024 @ 11:53 pm By Omar Faridi  |  

The digitalization of the Swedish payments market has contributed to faster, smoother and more efficient payments, according to a research report from Riksbank. But this development has also brought a number of challenges. Several groups in society “experience digital and financial exclusion, and there are… Read More

March 8, 2024 @ 7:14 pm By Omar Faridi  |  

HighRadius recently helped with the largest UNConference for the office of the CFO, Radiance 2024 on Feb 13th & 14th, 2024, at Globe Life Field Stadium in Dallas. The session’s key theme was the transformation of finance and finance professionals as a result of new… Read More

February 13, 2024 @ 12:09 pm By Omar Faridi  |  

Finastra, a provider of financial software applications and marketplaces, and Tesselate, a consultancy, have announced the launch of an end-to-end pre-packaged service for faster and easier online trade finance. Tegula Trade Finance as a Service, powered by Finastra Trade Innovation and Corporate Channels, enables US… Read More

January 27, 2024 @ 11:48 am By Omar Faridi  |  

Global digital transformation firm GFT Technologies SE agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S. With Sophos, GFT advances to one of the top 3 banking IT services providers “across Latin America and also increases its global delivery capability.”… Read More

December 28, 2023 @ 6:28 pm By Omar Faridi  |  

After the launch of World ID 2.0 and the open sourcing of the Worldcoin iris recognition pipeline in mid December, World ID verifications are now “available in Singapore via the Orb, the project’s custom hardware device.” A full list of verification locations is available on… Read More

December 27, 2023 @ 6:21 am By Omar Faridi  |  

Accenture (NYSE: ACN) has signed an agreement to acquire Customer Management IT and SirfinPA, a pair of jointly-owned Italian technology consultancies supporting the public sector and specializing in justice and public safety. The acquisition aligns with Accenture’s focus “on helping Italian public service organizations build… Read More

December 22, 2023 @ 2:42 pm By Omar Faridi  |  

Newgen Software, a global provider of low code digital transformation platform, announced that the Development Bank (DB) selected Newgen in order “to streamline its Banking Processes and Deliver Transformed Experiences.” The financing arm for the government to “support SMEs based in Oman is dedicated to… Read More

December 20, 2023 @ 11:37 am By Omar Faridi  |  

Proxymity, the digital investor communications platform, has recently announces the launch of its digital proxy voting service – Proxymity Vote Connect Total (VCT) – to BNY Mellon (NYSE: BK) clients in the UK in time for the 2024 voting season. The launch follows Proxymity and… Read More

December 11, 2023 @ 8:16 pm By Omar Faridi  |  

Animoca Brands Corporation Limited, the company advancing digital property rights for gaming and the open metaverse, announced a second tranche of funding of USD $11,888,888 for Mocaverse, “following a first tranche investment of US$20 million announced previously (see announcement of 11 September 2023).” Participants in… Read More

December 11, 2023 @ 10:15 am By Omar Faridi  |  

World Assets, Ltd., (Worldcoin) a wholly owned subsidiary of Worldcoin Foundation and issuer of “WLD”, announced the launch of the Worldcoin Community Grants Program that will be supported by the Worldcoin Foundation in “accordance with its aims and objects, in order to support, grow and… Read More

November 30, 2023 @ 9:28 pm By Omar Faridi  |  

Banks and financial institutions in Thailand leverage mature technology and incorporate modern features. However, industry professionals at the recent ENGAGE ASIA 2023 emphasized “that the challenge stems from the absence of unification across different touchpoints, resulting in fragmented customer engagement.” The majority of the systems… Read More

November 30, 2023 @ 8:10 pm By Omar Faridi  |  

Banco Security will enhance its digital offering with Backbase‘s Engagement Banking platform, laying the foundation for the next generation of banking services. As part of its comprehensive $50 million digital investment plan spanning four years, Grupo Security is driving “a set of initiatives aimed at… Read More