Fintech

Investment in digital technology and growth in F&A transformation consulting among reasons for Genpact’s leading position in innovation and execution in Winner’s Circle Genpact, a global professional services firm focused on delivering digital transformation, is a leader among finance and accounting (F&A) service providers, according to HfS Research, a leading industry analyst firm. HfS recognized Genpact in the leading spot …

Intelenet Global Services increased partnership with global players across industries striving for greater efficiencies Demand for data scientists is outpacing hiring of accountants at EY which is a sure sign of the industry’s growing appetite for technology. Auditing and accounting processers are becoming less of a burden for finance teams as they ramp up investment in new technologies. Accurate reporting, …

IDC Financial Insights today unveiled a list of 10 fast growing fintechs in India as part of the broader IDC FinTech 101 list for Asia/Pacific. IDC’s “FinTech Fast 101” refers to the fast-growing fintech players in Asia/Pacific based on extensive on-ground analysis of the dominant fintech players within the region. IDC’s fintech list makes a reference to the Financial Insights’ …

An advanced malware dubbed “Shadow Pad” has been found to be embedded in 5 of the NetSaragng’s software which are used by businesses and banks worldwide. Kaspersky labs uncovered the infection when a financial organisation reported suspicious activity to the security solutions provider. The malware allows an attacker to gain complete remote access to bank servers allowing the hacker to …

Five technologists from different provinces of India have created a revolutionary technology, not just an alternative to blockchain, but in some ways superior to it. It’s about RAIDA (Redundant Array of Independent Detection agents). This is the second technology (blockchain is the first one) that helps to solve the problem of the integrity of electronic currencies, which is very typical …

iStorm BFSI 2017 dwelled on Deciphering the Digital Transformation (DX), critical to ensure relevance and growth. Conclave was exclusive for BFSI vertical and registered a participation of 70+ delegates from leading Banks, Financial Institutions and Insurance Entities… iValue InfoSolutions, a leader in the Digital Asset Protection and Data, Network & Application (DNA of every business) management area, recently hosted iStorm BFSI …

As Indian economy grows at a very fast rate, one sector that is seeing tremendous growth is banking sector. We see a huge surge in demand for finance from small scale and large scale enterprises alike. Banks, credit card companies and other financial institutions give loans and advances to individuals and small Businesses. There is a huge collection and recovery …

Kaspersky Lab researchers have detected NukeBot – new malware which has been designed to steal the credentials of online banking customers. Earlier versions of the Trojan were known to the security industry as TinyNuke, but lacked the features necessary to launch attacks. The latest versions however, are fully operable, and contain code to target the users of specific banks.    …

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), today announced that it has been named a leader by Forrester Research, Inc. in ‘The Forrester Wave™: Digital Banking Engagement Platforms, Q3 2017’ report. EdgeVerve was recognized as a leader for its Finacle suite of digital banking solutions among 11 leading global banking platforms, which were evaluated on a …

Automation Anywhere and IBM to deliver integrated process management technology to advance digital transformation and assist employees with repetitive tasks  Solutions aimed at industries with data-intensive processes such as banking, financial services, insurance and health care IBM (NYSE: IBM) and Automation Anywhere today announced a collaboration to help companies drive new efficiencies by delivering solutions that assist employees with routine, data-intensive …