International Finance

Tag : IFM

Fintech

TSYS enhances real-time fraud capabilities

Collaboration with Featurespace to provide next-generation detection May 20, 2016: TSYS announced an agreement with Featurespace, a global leader in adaptive behavioural analytics, that will reduce fraud for its clients with a revolutionary machine learning software platform — the ARIC engine — that monitors every individual — one customer at a time — to deliver...
Economy

Panama requests France to work under equal conditions

Shares steps taken to reform its legal framework and strengthen service centre May 19, 2016: Luis Miguel Hincapie, Minister of Foreign Affairs of Panama, met with France’s Presidential Special Appointee for Latin America and the Caribbean, Jean-Pierre Bel. During the meeting in Paris, the Panamanian diplomat emphasised the importance of working under equal conditions to...
Economy

EgyptAir flight missing

Sixty six people were on board May 19, 2016: An EgyptAir plane carrying 66 people has disappeared after taking off from France’s Charles de Gaulle airport late Wednesday night. Flight MS804 was on its way to Cairo when it vanished from radar. Contact with the airline was lost around ten miles inside Egyptian airspace when...
Uncategorized

Delegation from Panama to meet OECD

Will discuss strengthened collaboration on financial transparency May 18, 2016: As part of President Juan Carlos Varela administration’s ongoing commitment to financial transparency, a delegation of government officials from Panama will travel to Paris this week to meet with members of the OECD to discuss various issues related to financial transparency. The visit follows an...
Economy

Saudi Arabia gets its first women business park

Aim is to create 21,000 jobs by 2025 IFM Correspondent May 18, 2016: With the aim of encouraging women to come forward and contribute to the Kingdom’s growth, Saudi Arabia has launched its first women’s business park in Riyadh. The park is expected to create about 21,000 jobs by 2025. It will serve as an...
Fintech

CENX awarded Tier-1 EMEA service provider contract

Exanova Service Intelligence to orchestrate and assure on-demand services May 18, 2016: CENX the global leader of orchestrated service assurance and management solutions for physical and virtualised networks, announced the company has been selected by a Tier-1 global communications service provider, with headquarters in southern Europe, to orchestrate and assure on-demand cloud and data centre...
Banking

‘Banks in Ukraine have experienced increase in volume’

Olexandr Dubilet, Chairman of the board of PrivatBank, on how the bank is coping with the turmoil in the region Suparna Goswami Bhattacharya May 17, 2016 How is the financial sector doing in the context of the current political and economic instability in Ukraine? The economic situation in Ukraine is determined by several factors. First,...
Fintech

Drayson Technologies raises £8mn Series B round

Company aims to power Internet of Things devices using recycled wireless energy May 16, 2016: Drayson Technologies Limited, the leading developer of radio frequency (RF) harvesting technology announces the completion of a Series B funding round of £8m led by existing investors Lansdowne Partners and Woodford Investment Management. Existing investors, new investors and staff participated...
Economy

‘Every Airbus is partly made in India’

European company awards A320neo titanium parts contract to Aequs IFM Correspondent May 13, 2016: In a further boost to the ‘Make in India’ programme, Airbus has contracted Aequs Aerospace, a wholly-owned subsidiary to supply over 100,000 titanium machined parts for the A320neo (new engine option) programme. This is the first time work on critical elements...
Economy

Saudi announces Vision 2030 to transform its economy

The aim is to make a smooth transition away from dependency on oil revenue Suparna Goswami Bhattacharya May 13, 2016: With oil price continuing to show no signs of improvement, it is no secret that oil dependant nations have to think of alternatives to run their economy. The Kingdom of Saudi Arabia recently announced a...