Duqm SEZ wins two IFM awards
SEZAD Deputy CEO Ismail Bin Ahmad Al Balushi accepted the awards on behalf of the Authority...
Category : Fintech
Technology will boost economic growth, stagnate wages
This is what BBVA Compass economists say in their latest research December 17, 2016: Information technology is predicted to boost the US productivity growth rate, but digitization efforts may subdue compensation growth, BBVA Compass economists say in their latest research. The productivity growth rate has significantly slowed to 0.5 percent over the last five years. Economists...
Citi launches global API developer portal to allow open banking
IFM Correspondent The banking giant joins hands with developers and consumer brands to lead innovation November 17, 2016: American banking behemoth Citi unveiled a new global application programming interface (API) developer portal on November 10, which it says is the most comprehensive one available in today’s financial services market. The portal enables Citi to connect...
Companies shifting R&D spending to software and services
PWC’s Strategy& study says there is a shift away from product-based offerings October 27, 2016: By 2020, companies will have shifted the majority of their R&D spending away from product-based offerings to software and service offerings, according to the 2016 Global Innovation 1000 Study from Strategy&, PwC’s strategy consulting business. The need to stay competitive is the top reason...
Tech companies beat banks in political lobbying in the US
Silicon Valley spend is double that of banks IFM Correspondent October 27, 2016: That banks in the US cozy up to politicians is known to all. However, a study by Bloomberg shows that it is no longer just Wall Street, but also Silicon Valley which is getting into political lobbying. Bloomberg has stated that the...
Verifone introduces advanced commerce capabilities
It will empower merchants with meaningful consumer interactions October 26, 2016: Verifone, a world leader in payment and commerce solutions, reimagines what can be delivered through the point-of-sale (POS) with the Verifone V400m, a payment device. A part of the fully-integrated, Linux-based Verifone Engage family, the V400m is a result of the strategy at Verifone...
Vantiv to offer Verifone Carbon with commerce platform
Will offer smarter, more secure technology to small- to medium-sized businesses for payments, create loyalty and grow business October 24, 2016: In an era where connected commerce technologies are transforming consumer behavior, research shows that the next several years will see small- to medium-sized businesses (SMBs) increasing adoption of new commerce software and technologies. To...
Nasdaq Corporate Solutions to offer open source technology
Investor relations professionals to experience improved communications October 21, 2016: Nasdaq Corporate Solutions, a business line of Nasdaq, Inc announced it will offer investor relations (IR) professionals an enhanced platform for their IR websites, powered by open source technology. With a focus on mobile design, the new functionality will allow IR professionals to add unique content...
Shanghai Futures Exchange launches market surveillance platform
It is powered by SMARTS, which is Nasdaq’s flagship surveillance solution October 19, 2016: Nasdaq (Nasdaq: NDAQ) has officially announced that Shanghai Futures Exchange (SHFE), one of the world’s largest futures markets, has launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. “We are truly honoured to be working with Shanghai...
Payment authentication company VST Enterprises expands in US
Adds industry heavyweights to business development team and focuses on strategic partnerships growth in North America October 14, 2016: In a decisive move, UK-based VST Enterprises has announced the addition of two former Elavon Vice Presidents to its business development arm in the US. Joseph Cohane, ex Executive Vice President, and Stephanie Sharp, ex Vice...