Yesterday night, Sopra Banking Software (a subsidiary of Sopra Group) announced to acquire the banking part of German-based COR&FJA (the entity is called COR&FJA Banking Solutions GmbH and is a subsidiary of COR&FJA AG). COR&FJA is a software and services provider to the insurance and banking industry. In the banking space, the company provides the COR.FJA Banking Suite (CORBAS). Customers [...]
Very recently, PAC conducted a user survey the “SITSI® User Survey 2013,” interviewing over 1,500 IT decision makers in user companies all over the world. We also included 220 financial institutions from the banking sector in the survey to get their views on current IT trends, key requirements and investment plans. It resulted that the modernization of the IT landscape [...]
Die Ankündigung von Swisscom IT Services, den BPO-Dienstleister Entris Operations zu übernehmen, belegt aufs Neue, dass der Schweizer Bankenmarkt dynamisch bleibt. Nachdem vor einigen Jahren eine schon fast tsunamiartige Welle an Projekten zur Modernisierung von Kernbankensystemen den Schweizer IT-Dienstleistern ertragreiche Projekte und Outsourcing-Verträge in die Auftragsbücher gespült hat, lässt die Dynamik des Schweizer Bankenmarktes kaum nach. Zwar sind inzwischen weitgehend [...]
Last week, SAP held its annual conference for banks in Germany. Although the event was re-named from “SAP Conference” to “SAP Forum for Banks”, the concept basically remained unchanged. It is a get-together of SAP, SAP partners and clients that provides insight into projects, new SAP solutions and trends. With speakers from Deutsche Bank and Kreditanstalt für Wiederaufbau (KfW), two [...]
At the beginning of this week, I had a chance to visit the SAP Financial Services Summit in Den Haag that was dedicated to SAP’s partners in banking and insurance. I got a good insight into SAP’s recent accomplishments in the banking and insurance industry, which I’d like to share with you here. Recent achievements in FSI During 2012, SAP [...]
Want to use an Automated Teller Machine (ATM) in small towns and villages of India? They should soon be much easier to find, thanks to new guidelines from RBI (India’s central bank) to allow non-bank entities to own and operate ‘White Label ATM’ (WLA) networks in rural and semi-urban areas. Under the new guidelines, prospective applicants having a minimum net [...]
Through by and large the Russian IT market is perceived to be an emerging market, but in certain industries, notably banking and telecom, the demand seems to have become sophisticated enough and the market seems to be attaining a certain level of maturity in 2011. Moreover, the IT implementations in the main retail players have reached some saturation, at least [...]
There have been a number of announcements in the UK mobile payments market in recent weeks, driven in part by the Mobile World Congress event in Barcelona. Recent developments include Vodafone and Visa’s partnership to launch Visa payWave, Barclays’ launch of its mobile app (Pingit), and plans by Swedish start-up iZettle (Europe’s version of US-based Square) to move into the [...]
Banking is a key sector of the French economy and one of the principal spenders in Information Technology. Retail banking, in particular, is intensifying its efforts in this domain as the sector had been in a dire need of modernization. Besides, the banking landscape is undergoing a dramatic evolution, due to legislative pressure as well as the arrival of new technology.
No business in the U.S. market can currently escape the marketing buzz about cloud computing coming from the IT community. The question is are enterprises merely dipping toes or diving, arms wide open, into the burgeoning cloud universe?