June 19, 2014 - Ground-breaking technology developed by Hexaware Technologies, a leading global provider of IT, BPO and consulting services, will save the insurance industry significant savings in the range of 3-7% of the current Gross Premium Revenues. Its new fraud analytics solution is the first of its kind and its unique features provides insurers unmatched fraud management capabilities and visibility.
June 18, 2014 - The concept of legal tender should be abolished and private money should enjoy a level playing field that enables the likes of bitcoin to compete with state-backed currencies, a new think tank report suggests.
June 18, 2014 - NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, has found that only 48 percent of poll participants believe that the financial institutions they work for have a strong culture of compliance, with 29 percent expecting change in their firms approach to AML compliance this year.
June 17, 2014 - Global investors have regained appetite for risk against the backdrop of strong liquidity and a fairly positive economic outlook, according to the BofA Merrill Lynch Fund Manager Survey for June.
June 17, 2014 - A Russian-spawned mobile Trojan which combines elements of both financial malware and ransomware is now attacking English language banking apps.
June 16, 2014 - The UK will get a new payments regulator next year, while the industry is busy working on its own 'roadmap'. Finextra spoke to key players from both sides about how they will work with each other.
June 16, 2014 - Veratec, the established risk-management solution provider, announces the launch of its new web-based service: Verasis Risk Online.
June 13, 2014 - Ed Chandler, CEO of Kalixa, has today been voted the most influential person in the European payments sector, building on his third place from last year. The Payments Power 10 is organised by leading industry event PayExpo 2014 and recognises the ten most influential figures in the European payment industry. The shortlist is an elite group of payments leaders that includes executives from Google, MasterCard and Vocalink.
