finance in news
RSS finance in newsUK failing to respect computing heritage
News European IT director at Key Equipment Finance, Nic Evans, said: "Heritage counts for naught in the information economy. IT chiefs have hit out at the lack of respect the UK as a nation gives to its computing heritage following the mothballing of... [15 Jul 2008]
Aviva strikes $1bn BPO deal
News WNS will provide life and general insurance processing functions including policy administration and settlement, finance and accounting, customer care and other support services. Insurance giant Aviva is to sell off its offshore operations and... [11 Jul 2008]
Corporations riddled with security holes
News Finance, government, legal, retail and utilities sectors have all seen an increase in the number of overall vulnerabilities according to NTA, with government being the only sector to suffer from all of the top 10 high risk flaws. [19 Jun 2008]
Mobile banking set to boom
News China and the Far East are forecast to be the biggest converts to mobile finance with more than 250 million MFS users by 2011, according to the report. Mobile banking is set for rapid growth over the next three years with the number of global... [18 Jun 2008]
Global BPO market to hit $450bn by 2012
News The emerging economies of Asia and Latin America will ride the crest of this wave, housing support functions such as finance and accounting services, and benefiting from the relocation of existing shared services centres. [16 Jun 2008]
Mobile broadband ushers in Blue day
News Ask anyone in the finance arena about up-to-date financial information and they will almost certainly say Reuters and Bloomberg. That perception could soon be about to shift, with the launch last month of a mobile information service from niche... [03 Jun 2008]
Indian tech companies on the move to tier two cities?
News We will help them with issues like government clearance, finance and also help them expand. In five years, 1.7 million jobs in the IT sector in India will move out of tier one cities like Bangalore, Delhi, Hyderabad, Mumbai and Pune, to tier two... [02 Jun 2008]
Red Chilli aflame for hosted backup
News Independent property finance advisory firm Red Chilli has outsourced its disaster recovery and backup systems to Thinking Safe.silicon.com Financial Services Get the latest financial services news straight to your inbox. [23 May 2008]
£81m cost of botched gov't shared services
News Botched government plans to introduce shared services for human resources, payroll and finance could cost the Department for Transport (DfT) £81m by March 2015 - instead of the £57m saving that was originally intended. [23 May 2008]
Smart phone battle: Qwerty vs touchscreen
News Nic Evans, European IT director at Key Equipment Finance, agreed: "Keyboard for typing every time - would you play a piano with the keyboard lid closed? Nic Evans, European IT director, Key Equipment Finance [22 May 2008]
Revealed: Cyber crimefighting successes
News Notable cyber crime success include Operation Ajowan, where Soca broke up a website where criminals traded stolen bank, credit and identity information that could have cost the UK finance sector at least £6m. [15 May 2008]
India edgy about outsourcing newbies?
News The finance minister for India, Palaniappan Chidambaram, decided to extend the tax holiday enjoyed by software companies in the country by one year to March 2010, although this decision must be ratified by parliament. [06 May 2008]
FSA warns banks to wise up on security
News One of the recommendations the FSA made as a result of the audit was that finance firms should appoint a senior manager with overall responsibility for data security. BT Global Services finance industry sector MD Andy Nicholson said in a statement... [25 Apr 2008]
Croydon inks £83m deal with Capgemini
News The new deal runs until 2013 and covers all the council's IT and telecoms infrastructure and networks, 4,000 desktop PCs and key business applications, including finance, procurement and customer service. [23 Apr 2008]
Yahoo! reports positive profits - Microsoft unconcerned
News stuck to its forecast for sluggish 2008 revenue growth of between three and 15 per cent in the face of weaker online-advertising demand in sectors such as finance, retail and travel. Yahoo! posted a better-than-expected quarterly profit yesterday... [23 Apr 2008]
