Finzsoft Solutions has signed a five-year agreement with IBM to move its finance and banking applications to the cloud as part of its hybrid cloud infrastructure.
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The tech titans chose to tailor their initial batch of apps to enterprise customers in banking, retail, insurance, financial services, transportation and government.
The Commonwealth Bank of Australia has appointed its former CIO of the retail banking and business banking division, Adam Bennett, as the new group executive of business and private banking.
Using its existing cloud-based and revamped core banking infrastructure, the Commonwealth Bank plans take a platform approached to its IT strategy in an aim to remove duplication.
Online retail accounts for just 1 percent of the total market and is expected to remain through to 2018 amid tough competition from physical stores and delays in infrastructure rollout to boost broadband connectivity.
Salesforce1 for financial institutions is said to be phase one in a series of services targeted toward retail banks, wealth management companies, and insurance providers.
Retailers are constantly seeking technologies to both bolster customer experience and increase efficiency. To execute this vision of in-store experiences powered by technology, retailers need to leverage the critical skill sets of both business leaders and infrastructure and operations professionals.
Within a handful of APAC countries, the networking giant is banking on the relative maturity of Singapore's IT infrastructure and a strong pool of customers and partners, and India where ICT investment is large.
The retail giant's website suffered an outage mid-afternoon on the U.S. east coast for an unspecified, unknown reason. The company's cloud infrastructure was mostly unaffected, however.
The U.S. tech giant and Italian banking conglomerate link up for cloud-based IT infrastructure.
In-branch banking is dying a very slow death, though it still has a role to play even as mobile banking becomes increasingly popular, according to Westpac's Retail and Business Banking Group Executive Jason Yetton.
A 7,000-acre planned community in Orlando, Florida strikes a partnership with Cisco to build networked infrastructure to support healthcare, real estate, retail, education and other services.
India’s largest software services provider beats market forecasts with a net profit of US$652 million, on the back of broad-based growth driven by manufacturing, retail, telecom, banking and financial services.
Mobcast, the flexible ebook solution which allows cloud storage and access from any device has been bought by retail giant Tesco giving it the infrastructure to beat Amazon in the UK ebook market.
Indian IT services giant grows revenue by 13.1 percent and reports broad-based growth across all industry segments, led by retail, telecom, and banking, financial services and insurance (BFSI).
The e-retail giant has said it is 'pleased' with growth of its Kindle Fire e-reader and underlines plans to invest in infrastructure, as revenue rises 34 percent and earnings beat analysts' targets
Big Data infrastructure and competency can seem distant from the workaday world of retail planning, strategy and analysis. Bringing the two worlds together would be quite useful though. At least one vendor is trying, through acquisition, integration and leadership experienced in both.
More details have emerged around Westpac's plans to use the new Bank of Melbourne as a technology test-bench, with chief technology officer (CTO) Sarv Girn saying that the Melbourne deployment of Hogan core-banking infrastructure will speed up parent Westpac's multi-million dollar IT revamp.
Come 2015, Asia-Pacific region will clock highest growth in global spending on retail banking technology hitting US$28.1 billion, with strong focus on Internet banking, new report reveals.
As of last weekend, all of the Commonwealth Bank's retail accounts have been moved to its new SAP-based core banking system, according to the bank's CEO Ralph Norris.
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