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True Balance launches mobile wallet service; ventures into fintech business


  Launches features of adding money to wallet and peer to peer money transfer   Addition of the mobile wallet feature signals the transformation of True Balance’s core business model from phone recharging services to financial services   New wallet service in line with Indian government’s vision of promoting a ‘cashless economy’ True Balance, one of the top applications in the lifestyle category …

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Trend Micro and Europol Partner to Arm Financial Industry with ATM Malware Protection

trend micro

Joint report presents physical and network-based malware affecting ATMs Trend Micro Incorporated(TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, and Europol’s European Cybercrime Centre (EC3) today released a comprehensive report on the current state of ATM Malware. “Cashing in on ATM Malware” details both physical and network-based malware attacks on ATMs, as well as highlights where the malware is created. ATM malware has …

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2017 IDC FinTech Rankings recognises Intelenet® Global Services as a leading global financial technology provider


Intelenet® Global Services, a leading Business Process Services firm, today announced that they have earned a coveted spot on the 2017 IDC FinTech Rankings. The IDC FinTech Ranking is the most comprehensive vendor ranking within the financial services industry including banks, capital markets firms and insurers that features top 100 global providers of financial technology On this recognition, Bhupender Singh, CEO, …

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ICICI Bank launches voice-based international remittance service on its Money2India application


·          First bank in the country to leverage on Apple’s virtual voice assistant to enable cross-border remittances ·          Money2India application users can now send money to any bank in India via just a voice command to Siri ICICI Bank, India’s largest private sector bank by consolidated assets, today announced the launch of India’s first voice-based international remittance service to enable non-resident Indians …

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Veteran Blockchain Financial Company Cashaa Announces Token Generation Event


Today, Financial Blockchain company Cashaa has announced the launch of its CAS tokens in a Token Generation Event (TGE) which will take place on November 6th with a pre-sale kicking off October 20, 2017. Cashaa – rated as one of the Top 100 Most Influential Blockchain Companies in the world – is building ‘The new generation banking platform for the …

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Paynear Solutions Announces Acquisition of Singapore based GoSwiff International


Accelerates Paynearto be a global player in the high growth Fintech Sector Hyderabad based Paynear Solutions, a leading transaction processing company,has today announcedthe acquisition of GoSwiff International Pvt Ltd. GoSwiff International is a global financial solutions provider based in Singapore. With this acquisition,Paynear has become one of the largest payment solution platforms from India with its footprints in16countries across Asia, …

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HfS Research Ranks Genpact as Leader in Finance and Accounting


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 …

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Intelenet Global Services sees a growing appetite for their F & A services


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, …

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IDC Financial Insights Unveils 10 Fast Growing FinTechs in India for 2017


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’ …

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Malware found embedded in software used by banks globally

Virus Alert

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 …

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