International Finance

Tag : technology

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...
Fintech

Islamic finance must embrace technology faster

Change is the key driving force in a complex global financial ecosystem. This change is mainly based on continuing advances in technology Rosie Kmeid November 27, 2014: Economies worldwide are making a global transformation, in which the information technology industry assumes increasingly greater importance. Indeed, technology is evolving at an amazingly rapid speed. The awe-inspiring...
Economy

Visa to open tech centre in India

International Finance Desk
The move will create over 2,000 jobs globally IFM Correspondent September, 26, 2014: Visa Inc, the global card payment system provider, will open a new technology centre in India in 2015. This will create over 2,000 full-time technologist positions all over the world.  These include conversion of contractor positions to full time positions within the...