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Finance Monthly > Archives

Navy Federal Selects Proxama EMV Migration Solution

4th June 2015
Proxama PLC, the international mobile commerce company specialising in proximity marketing and provider of end-to-end payment solutions for card issuers, announced that Navy Federal Credit Union, the world’s largest credit union, has selected Proxama’s Payment Application Manager as part of their solution to migrate their portfolio of approximately four million debit cards to the EMV […]
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Worldpay extends global payment acceptance capabilities to India

4th June 2015
Worldpay, the global leader in payments has partnered with IndusInd Bank Limited to offer domestic acquiring services in India. The association will assist both companies in processing customers’ payments and marks the first step for Worldpay in entering the Indian market – a result of the growth in eCommerce across the country. Worldpay already offers local […]
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Vacancies down 6% but digital bucking the trend

3rd June 2015
The April 2015 London Recruitment Index registered a 6% month-on-month decrease in job availability, with 5,934 vacancies, compared to 6,331 recorded in March 2015. This dip in demand for professional talent can largely be attributed to market uncertainty in the weeks preceding the General Election. This pre-election slowdown is also reflected in the latest Consumer […]
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Kantox closes $11 million Series B investment

3rd June 2015
Kantox announced that it has completed an $11 million Series B funding round, led by Partech Ventures and IDinvest Partners and with contribution from Cabiedes & Partners. All three firms are existing investors. This brings Kantox’s total funding to $19 million since its launch in 2011. Kantox’s peer-to-peer platform offers SMEs and mid-caps a cost-effective […]
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Finance Sector Under Threat From Mobile Phone Security

3rd June 2015
Brought up in a world where mobile devices are an integral part of everyday life, Generation Mobile is defined by a productivity-focused attitude that finds it as easy to share a status update as it does a password or mobile device with a colleague. This kind of workforce is both an asset and a threat […]
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Arkivum Launches New Public and Private Cloud Digital Data Storage Solutions

2nd June 2015
Arkivum, provider of digital data storage and archive services, announced the availability of two new digital data cloud storage solutions – Arkivum/1+1 and Arkivum/OnSite. With digital data volumes increasing exponentially, vast stores of information, knowledge and culture is now instantly accessible. This also means that mountains of important digital data are under constant threat from […]
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"Healthcare has major risk vectors in every aspect of its operations".

2nd June 2015
Michael Dougherty, Founder and CEO of Provident, talks to Finance Monthly about the roll out of Provident and its suite of health care consulting solutions and how these help heath care providers manage compliance, secure reimbursement and drive success.   What led you to found Provident? In 2010, I was recruited to found the Compliance […]
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Advanced offers top tips for businesses wanting to adopt M2M technology

2nd June 2015
As service management organisations face greater demands to improve customer service, increase first-time fix rates and cut costs, many are evaluating evolving machine-to-machine (M2M) technologies to help them meet these challenges. M2M offers the ability to remotely connect devices, machines and equipment to the cloud, transforming them into business intelligence solutions to collect valuable data […]
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1 in 8 Scottish Adults Victims of Fraud Last Year

2nd June 2015
A new study by insolvency trade body R3 has revealed that 1 in 8 Scottish adults were victims of fraud last year. This is higher than the national UK average of 1 in 9 people being hit by fraudsters, and second only to London where 1 in 6 people were hit. R3 had previously described […]
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UK working two days longer to pay tax in 2015

1st June 2015
Taxpayers in the UK are working two days longer on average in 2015 than in 2014 before they stop paying taxes and start earning for themselves, warns ACCA (the Association of Chartered Certified Accountants). Tax freedom day – calculated annually by the Adam Smith Institute – falls on 31 May. The date at which tax […]
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Conditions for retailers likely to remain tricky despite rising sales volumes

1st June 2015
Data released by the Office for National Statistics showed that retail sales volumes increased by 1.2% in April, the strongest monthly increase since November 2014. The increase in activity seen over the past 12 months means that sales volumes in April were 4.7% higher than a year ago. Consumers appear to have hit the high […]
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Non-cash payments overtake cash payments for the first time

1st June 2015
Data from Worldpay, the UK’s leading payments processor, reflects a significant shift in the way British consumers are paying for goods, with High Street credit and debit card transactions rising just over 6% in 2014, following similar gains the previous year. Londoners are responsible for the single biggest year on year rise in card spending. […]
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