Tagged: idc financial insights

Global Banks to Spend $57B on Legacy Payments Tech in 2028, Limiting Growth, Report Claims

According to a new study by IDC Financial Insights supported by Episode Six (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, spending “on legacy paytech is rising rapidly and damaging the growth prospects of banks around the world.” Global financial institution… Read More

Sentinels Transaction Monitoring Platform Creates Effective Response to Financial Crime Across Europe

Sentinels, a Fenergo company and Europe’s intelligent transaction monitoring and client risk management specialist, announces the launch of its new platform solution for transaction monitoring. The SaaS platform is designed “to help financial institutions detect and eliminate financial criminality with greater speed and accuracy than… Read More

Open Banking Fintechs Finicity and Fiserv Offer More Consumer Choice Via Secure Data Access

Finicity, a Mastercard company, and Fiserv, Inc. (NASDAQ: FISV), both key players in Open Banking tech, are supporting the future of open finance via secure data sharing. A data access agreement between the firms should enable Fiserv financial institution customers to enable consumers to “provide… Read More

China: WeiyangX Fintech Review

China’s first and biggest bitcoin exchange BTCC is shutting down Early this month, PBOC, China’s central bank, placed a blanket ban on ICOs, which fueled speculation that China was on the way of a broader control and curb towards cryptocurrency market. There hasn’t been any… Read More

TCS Named Number One on the 2016 IDC Financial Insights FinTech Rankings Top 100

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a global IT services, consulting and business solutions organization, announced on Monday it has been named number one of the 2016 IDC Financial Insights FinTech Rankings Top 100. The company stated it earned the top position for… Read More

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