Greece has officially informed the International Monetary Fund (IMF) that it will delay the payment of today’s (June 5) instalment of £216 million (€300 million). Instead there is plans for the country to combine all four of its June payments together, with a payment deadline of June 30. June 30 is now a big day […]
In a record judgement by the City watchdog, Lloyds Banking Group has been fined £117 million (€159 million) for its mishandling of payment protection insurance (PPI). This comes after the government announced that it would be launching sales of shares in Lloyds to the public within the next year. In the Conservatives’ pre-election pledge, they […]
Singapore-based branding agency Affiniti has been appointed as the branding consultant for Koperasi Angkatan Tentera Malaysia Bhd (KATMB), as it makes its transformation from a Malaysian Armed Forces credit cooperative bank into a co-operative one. Affiniti will spearhead the entire branding and marketing efforts, which will include the co-operative bank's new name, brand story and […]
After a strong if volatile performance in the wake of the election last year, investors in India have seen some weakness over the past month. Far from reflecting a weakening of the investment case, Baring Asset Management believes this presents an opportunity as the long-term investment case is undimmed and market expectations for earnings growth […]
Proxama PLC, the international mobile commerce company specialising in proximity marketing and provider of end-to-end payment solutions for card issuers, announced that Navy Federal Credit Union, the world’s largest credit union, has selected Proxama’s Payment Application Manager as part of their solution to migrate their portfolio of approximately four million debit cards to the EMV […]
Worldpay, the global leader in payments has partnered with IndusInd Bank Limited to offer domestic acquiring services in India. The association will assist both companies in processing customers’ payments and marks the first step for Worldpay in entering the Indian market – a result of the growth in eCommerce across the country. Worldpay already offers local […]
The April 2015 London Recruitment Index registered a 6% month-on-month decrease in job availability, with 5,934 vacancies, compared to 6,331 recorded in March 2015. This dip in demand for professional talent can largely be attributed to market uncertainty in the weeks preceding the General Election. This pre-election slowdown is also reflected in the latest Consumer […]
Kantox announced that it has completed an $11 million Series B funding round, led by Partech Ventures and IDinvest Partners and with contribution from Cabiedes & Partners. All three firms are existing investors. This brings Kantox’s total funding to $19 million since its launch in 2011. Kantox’s peer-to-peer platform offers SMEs and mid-caps a cost-effective […]
Brought up in a world where mobile devices are an integral part of everyday life, Generation Mobile is defined by a productivity-focused attitude that finds it as easy to share a status update as it does a password or mobile device with a colleague. This kind of workforce is both an asset and a threat […]
Arkivum, provider of digital data storage and archive services, announced the availability of two new digital data cloud storage solutions – Arkivum/1+1 and Arkivum/OnSite. With digital data volumes increasing exponentially, vast stores of information, knowledge and culture is now instantly accessible. This also means that mountains of important digital data are under constant threat from […]
As service management organisations face greater demands to improve customer service, increase first-time fix rates and cut costs, many are evaluating evolving machine-to-machine (M2M) technologies to help them meet these challenges. M2M offers the ability to remotely connect devices, machines and equipment to the cloud, transforming them into business intelligence solutions to collect valuable data […]
A new study by insolvency trade body R3 has revealed that 1 in 8 Scottish adults were victims of fraud last year. This is higher than the national UK average of 1 in 9 people being hit by fraudsters, and second only to London where 1 in 6 people were hit. R3 had previously described […]
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