International Finance

Tag : technology

Wealth Management

UBS signs multi-year agreement with EPAM

The world’s largest wealth manager aims to boost innovation by collaborating with a leading global provider of product development and software engineering solutions January 18, 2017: UBS AG, the world’s largest wealth manager, has signed a multi-year strategic framework agreement with EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering...
BankingFinance

UK millennials uneasy sharing personal info to open bank accounts

Nearly half of respondents expressed security concerns about entering and viewing banking information on a mobile device October 21, 2016: A new research report released found that while millennials depend on their digital devices, they are still uneasy sharing personal information to open bank accounts. The report, UK Millennial Study: Privacy vs. Customer Experience in...
BankingFinance

Bank consumers: Focus on service to keep me loyal

Majority of consumers feel providers don’t value them October 21, 2016: A report released by marketing technology company, Wiraya highlights that businesses need to overhaul the way they communicate with customers or risk losing them to rivals. An overwhelming 86% of customers who left their bank, energy, mobile or insurance provider in the last six...
Fintech

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...
Fintech

Chinese tourists in UK can use Alipay app

Alipay ropes in Zapper as mobile partner to enable over 250,000 Chinese visiting the UK to use the app in over 1,000 locations nationwide October 13, 2016: Alipay, the world’s leading mobile payment platform run by Ant Financial Services Group, has partnered with Zapper, the fast growing consumer insights and marketing platform which is enabled...
Banking

‘Odeabank stays ahead by using advanced technology’

An interview with Hüseyin Özkaya, CEO of Odeabank June 29, 2016 : Where does Odeabank stand in Turkey’s banking sector? Seizing the competitive edge through its distinctive advantages, such as effective risk management principle, strong shareholder base, experienced and committed personnel aspiring to success as well as efficient technological infrastructure, today Odeabank is ranked number 9...
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

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

Bank robberies down, attacks on ATMs up

But, the greater threat is posed by developments in technology Peter Taberner March 2, 2015: Research by the European Banking Federation (EBF) has revealed that there continues to be a decline in bank robberies. According to the 22nd edition of their bank robberies report, there were 2,347 heists in 2013. These took place in the...