SCF Tech

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The future of digital payment

<b>E-commerce companies have understood the importance of having their own in-house wallet, explaining their acquisition spree, says Manoranjan</b> …

Telecoms should embrace ‘digital transformation’: report

Is it time for telecom companies to ditch their reputation as just "dumb pipes"?<p>That's what a new global report from Citigroup Inc. argues, suggesting telephone and cable companies need to evolve beyond their wires and a business model premised on winning customers based on superior network quality.<p>…

Santander Said to Consider Selling Stake in Allfunds Business

Santander Asset Management is weighing options for its holding in its Allfunds Bank SA investment platform, including a sale of its 50 percent stake, …

Ant Financial shuffles management, names new CEO | Reuters

BEIJING (Reuters) - Ant Financial Services Group, the online and mobile financial services affiliate of Chinese e-commerce giant Chinese e-commerce giant Alibaba Group Holding Ltd, on Saturday shuffled top leadership positions, announcing the appointment of current president Eric Jing as its new …

Itau Close to Buying Citigroup’s Brazilian Consumer Banking Business

Banks in exclusive talks over assets<p>SÃO PAULO—Brazilian banking giant Itau Unibanco Holding SA is in advanced talks to acquire Citigroup Inc.’s consumer-banking operations in Brazil, according to three people close to the talks.<p>Itau and Citibank are holding exclusive talks, said one person, who …

'Pay once' FalconStor storage model causes scratching of heads

You mean I had to pay twice or thrice to store stuff before?FalconStor has announced something that seems … well, odd; a “Pay Once” pricing model.…

The credit card with a security code that constantly changes: British banks in talks about introducing the new technology in a bid to combat fraud

• <b>Security numbers on the back of cards could become a digital display</b>• <b><br>The digital security company Oberthur Technologies is talking to UK banks</b>• <b><br>It is</b> …

TalkTalk fined £400,000 for theft of customer details

<b>TalkTalk has been fined a record £400,000 for poor website security which led to the theft of the personal data of nearly 157,000 customers.</b><p>The cyber attack on its website took place in October last year.<p>The Information Commissioner's Office, which imposed the fine, said security was so poor that …

Wells Fargo's scandal reportedly impacted 10,000 small business accounts

Citing sources familiar with the matter, 10,000 small business accounts were impacted by Wells sales practices that also drove employees to open 2 million retail accounts without the knowledge of customers. It was not clear in the Reuters report how the small business accounts were impacted.<p>In a …

Three Ways To Make Your Entire Team More Creative

Boosting your own creativity is one thing; changing how a group thinks is another. But these psychological findings may hold the key.<p>Uber. Airbnb. Electric vehicles. Self-driving cars. Buses that can drive over traffic. Pretty much everything Steve Jobs created at Apple since the iPod. These are …

Financial Industry Trends Prompt Banks to Prioritize Cybersecurity

Among the financial industry trends beginning to dominate the sector, technology is likely to have the biggest impact. Banks and financial …