Tagged: it

January 19, 2025 @ 7:09 am By Michael Wong  |  

Revelstoke Capital Partners has made a strategic investment in Omega Systems, marking the eighth investment under its Revelstoke Capital Partners Fund III, the private equity firm announced. Omega, recognized as one of the 25 fastest-growing IT service providers in North America in 2024 by CRN,… Read More

October 2, 2024 @ 7:47 pm By Omar Faridi  |  

In a development for the region’s digital commerce ecosystem, Bazzar Gate, an IT firm, has reportedly acquired $1 million in funding. This capital injection from the investment round is now expected to enabke the expansion of the firm’s e-commerce platform, Partners, which has gained traction… Read More

August 13, 2023 @ 1:54 pm By Omar Faridi  |  

As part of modernizing its IT landscape and enhancing the customer experience, Handelsbanken Norway has chosen to consolidate on Tietoevry Banking’s wealth management solution. This enables Handelsbanken “to offer financial products, including mutual funds, equities, ETFs and more, through one modern self-service platform for its… Read More

April 26, 2023 @ 10:02 pm By Omar Faridi  |  

InComm Payments, a payments technology company, today announced the launch of InComm Payments Brazil Technology Ltda., an information technology (IT) hub dedicated to developing payments solutions “for industries including retail, financial services, mobile payments and more.” Based in Fortaleza, the IT hub “expands InComm Payments’ Brazil… Read More

April 8, 2023 @ 10:17 am By Omar Faridi  |  

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Experian (LON:EXPN), the global information services company and credit reporting bureau, “has named AWS as its preferred cloud provider to power its multiyear information technology (IT) modernization initiative.” As part of the… Read More

December 22, 2022 @ 2:54 pm By Omar Faridi  |  

Following the news that British lender TSB Bank was fined $48.65m ($59.07m) by the Financial Conduct Authority and the Prudential Regulation Authority over “a botched IT platform migration that left two million customers locked out of their accounts in 2018,” Chris Dinga, Payments Analyst at… Read More

December 2, 2022 @ 8:08 am By Omar Faridi  |  

Axway, a provider of API management and integration software, announced new data from its inaugural 2022 Open Everything Strategy Survey Report. Polling nearly 1,000 IT leaders, architects, and developers about their digital strategies and top concerns, the survey “found nearly 40% of organizations are in… Read More

October 26, 2022 @ 4:17 pm By Omar Faridi  |  

Kyriba, which claims to be a global “leader” of cloud-based finance and IT solutions, announced the launch of Liquidity Planning, a “totally reimagined” cash flow planning and forecasting solution. Liquidity Planning unifies FP&A, working capital and treasury data across multiple scenarios, giving CFOs data, insight… Read More

October 2, 2022 @ 5:46 pm By Omar Faridi  |  

NdcTech, a global IT and consulting company providing transformational services for Banks and financial institutions has announced a collaboration with Red Hat, which claims to be the leading provider of enterprise open source solutions, “to deliver solutions based on cloud-native, open-source technologies in support of… Read More

September 16, 2022 @ 7:31 pm By Omar Faridi  |  

Kyriba, which claims to be a global leader of Cloud-powered finance and IT solutions, recently announced the launch of Cash Management AI, a solution based on AI, which uses data science tech to predict cash availability with greater speed, control and reliability. The solution enhances… Read More

August 14, 2022 @ 11:49 am By Omar Faridi  |  

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for financial markets, recently announced new optimized routes on its network to Istanbul (Bursa Istanbul), Riyadh (Saudi Stock Exchange, Tadawul) and Tel Aviv (Tel Aviv Stock Exchange, TASE). These routes should help with encouraging… Read More

March 15, 2022 @ 8:35 am By Omar Faridi  |  

CaixaBank, the financial group in Spain, and BNP Paribas 3 Step IT have announced a new partnership, giving CaixaBank’s professional clients “access to innovative and sustainable IT solutions for the first time.” As noted in the update, CaixaBank will offer its clients – corporate, mid-market,… Read More

March 14, 2022 @ 10:26 pm By Omar Faridi  |  

MUFG Bank (NYSE:MUFG) recently revealed that it intends to invest as much as $300 million in middle- to late-stage Indian startups via the newly established MUFG Ganesha Fund. In the foreseeable future, MUFG stated that it would plan to strategically leverage its group strengths in… Read More

March 1, 2022 @ 8:39 pm By Tony Zerucha  |  

Hyperproof, a compliance operations platform company, has released its 2022 IT Compliance Benchmark Report, a survey containing comprehensive benchmarks on how companies manage IT risks and compliance efforts in a time when requirements are increasing in complexity. The responses, collected in December of 2021, come from 1,014… Read More

February 19, 2022 @ 9:46 am By Omar Faridi  |  

Trulioo, the international identity verification firm, recently announced four new banking clients: Bambu Systems, Guardian Gold, Nerve and Simba. With Trulioo GlobalGateway, one of the largest networks of identity data and services, financial institutions can “deploy identity checks that help them satisfy Know Your Customer… Read More

January 11, 2022 @ 10:47 pm By Omar Faridi  |  

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

December 20, 2021 @ 11:41 pm By Omar Faridi  |  

The European Central Bank (ECB) has published an action plan to address the recommendations of an independent review “mandated by the ECB’s Governing Council in November 2020, following the five major incidents that affected TARGET2 and TARGET2 Securities in 2020.” The update from the ECB… Read More

December 6, 2021 @ 7:51 am By Omar Faridi  |  

The Bank of Ireland has reportedly been fined €24.5 million by the Central Bank for failing over the course of over 10 years to have a proper system in place to allow for the continuity of service to clients in the event of a major… Read More

November 16, 2021 @ 8:24 am By Omar Faridi  |  

Following a massive $394M Series D round earlier this year to establish the foundation for greater financial inclusion, international ID verification Fintech Trulioo is “strengthening pathways to create a more inclusive and trust-oriented digital economy,” according to an update shared with CI. With the ability… Read More

September 3, 2021 @ 3:03 pm By Omar Faridi  |  

The MULTOS Consortium, a group of organizations that are focused on the promotion and development of the MULTOS specifications, revealed that McLEAR, a technology firm supplying smart payment rings has joined as a Partner Member. MULTOS is a security technology for all-digital devices offering a… Read More