International Finance

Tag : digital

Banking

‘Now, we have to deliver even more than expected’

Interview with Cezary Kocik, Vice-President of the Management Board, Head of Retail Banking, mBank Suparna Goswami Bhattacharya October 3, 2016 What factors led the transition of BRE Bank from a corporate bank to retail banking and eventually mBank? When BRE Bank decided to establish its retail business, Poland was just past a decade of transition....
Uncategorized

Jumio secures $15 million financing round

Company to aggressively accelerate product development, sales and international expansion September 1, 2016: Jumio, the leading digital ID verification company,announced it has secured $15 million in financing from Centana Growth Partners LP and Millennium Technology Value Partners. The financing adds Millennium to Jumio’s investors and board. The investment will enable Jumio to extend its leadership...
Fintech

Zapper comes up with smart payment solution

Enables stores to instantly understand and reward shoppers May 27, 2016: Zapper the fast growing, global data insights and mobile payment platform, has adapted its Pay-at-Counter solution, currently very successful in pre-pay hospitality environments, for convenience retail outlets in the UK. This smart system allows customers a fast alternative to pay for their items and...
Fintech

IBM and SAP announce plans for major investments

Move will drive clients’ digital transformation April 7, 2016: IBM and SAP SE announced plans across both companies to drive the modernisation of clients’ systems and processes and accelerate them into the digital economy. Specifically, the companies plan to co-innovate solutions that increase customer value through cognitive extensions, enhanced customer and user experiences and industry-specific functionality. The...
Banking

Why digital wallets are a hit in China, India

The reason is the huge proportion of the population that does not have a bank account IFM Correspondent January 31, 2016: Consumers around the world are increasingly using mobile phones to make online payments. This is helped by the increase in the number of people using smartphones. According to Statista, the overall number of mobile...
Fintech

M-commerce set to leave e-commerce behind

However, companies need to invest more in mobile commerce to make the experience seamless for consumers Suparna Goswami Bhattacharya July 22, 2015: In the last decade, the one revolution that has taken everybody by storm is probably the evolution of mobile phones. From a device meant for making and accepting calls to a multipurpose gadget,...
Banking

Online-only banks gaining popularity

With banks struggling to remain profitable, digital banks are disrupting the way the industry functions Suparna Goswami Bhattacharya June 29, 2015: The one industry which has gone through a sea of transformation in the last decade is the financial industry. It all started with the opening up of ATMs and the addition of online banking...
Fintech

Companies are realising the benefits of digitisation

IFM spoke to Paul Jeruchimowitz of Accenture Strategy about the conclusions from their study ‘Disrupt or be disrupted: The impact of digital technologies on business services’ Suparna Goswami Bhattacharya December 23,2014:It is a well-known fact that traditional organisations are now following the example of firms and industries which have been highly influenced by digitisation. Hence,...