Authentication & Security

7 out of Top 25 Locations Globally for Setting up Financial Services BPO Are in India, Manila has the Top Spot

The financial services industry globally has undergone prodigious change over the last five years. Many banks have either undergone consolidation, restructuring or have been newly formed. Post-recession, many new regulations have come into place across the globe which has posed excessive pressure on the banking industry. This means the industry...

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Payments

Visa Partners With Orbitz for Business to Make Business Travel Easier for Mid-Size Customers

Visa has partnered with Orbitz for Business to launch Visa Travel Manager, an end-to-end travel and expense solution designed to make booking, reconciliation and reporting more efficient. Visa Travel Manager is a solution specifically designed for unmanaged mid-market companies to have a control and transparency into employee travel spending. The...

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Blockchain

Blockchain Use Cases: Comprehensive Analysis & Startups Involved

The concept of blockchain has energized the financial services industry globally. The interest of financial institutions on blockchain is quite evident considering that Santander Bank has identified 20 to 25 use cases for the technology. The bank also estimated that the usage of blockchain by banks can reduce the infrastructure cost by...

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Payments

Facebook's Free Beacons for Retailers: An Approach to Land-Grab

Seven months ago, Facebook introduced Place Tips by which businesses can send contextual marketing messages to people in proximity to the store. The social media giant had been testing the Place Tip feature which uses Facebook beacons. These beacons use Bluetooth technology to send a signal to the Facebook app...

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Payments

Adoption of NFC Technology, Grows Rapidly in Hong Kong

HKT, Hong Kong’s largest operator, has launched Tap & Go, a SIM-based mobile payment service for NFC smartphones to allow customers to pay at the point-of-sale and also facilitate person-to-person money transfers. "Tap & Go, in every way, will redefine the meaning of money," HKT Group Managing Director Alex Arena...

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