Financial Services - News Updates

Video on demand (VOD) in India is growing due to digital push of the country. (Photo/Pixabay)

Ad-tech startup MultiTV selects Limelight’s to deliver videos to any device, anywhere

MultiTV is using Limelight’s orchestrate platform to bring high-quality online video to more than 40 million viewers across India
The company – which follows January-December as its fiscal – saw net profit falling 4.3 per cent to $ 1.55 billion for the full year 2016. (Photo: Cognizant)

Cognizant net profit falls 4.3% to $ 1.55 billion for the full year 2016

For 2017, Cognizant expects its revenue to be in the range of $ 14.56 – 14.84 billion, which translates into 7.9-10 % growth
Blockchain, which first emerged as the system powering crypto-currency bitcoin, is a shared record of transactions that is maintained by a network of computers on the internet, instead of a centralized authority. Banks and other large financial institutions have been ramping up their investments in blockchain in hopes that it can help simplify cumbersome processes such as securities settlement and international payments.

Accenture develops new technology to beef up blockchain security

Accenture has developed new technology that it says can help make blockchain applications more secure and could speed up their deployment in sectors such as finance, reported news agency Reuters.

T K Kurien named Managing Partner & CIO of Premji Invest

Premji Invest, the investment arm of Wipro Chairman Azim Premji, today said it has appointed T K Kurien as its Managing Partner and Chief Investment Officer (CIO) with effect from February 1.
The firm has been assisting brands such as Gati Ltd, CallHealth, 1mg, Hexaware Technologies, Oye Happy, Zopper. (Photo: VDeliver)

VDeliver to expand footprints to Mumbai and Pune

Hyderabad based startup VDeliver says that it has raised an undisclosed investment from KLCP Holdings and Australia-based Boss Consulting and plans to expand footprints to Mumbai and Pune.
T-Hub, Startup

YES BANK, T-Hub, Anthill launches fintech accelerator program for startups

India’s fifth largest private sector bank YES Bank in collaboration with T-Hub and Anthill has launched a business accelerator program called YES FINTECH for fintech startups in India.
Beyond product and services, cyber security industry needs to push innovation

Top 6 cybersecurity trends to look for in 2017

Organisations that fail to increase their security budget and make security a top priority, are most likely to suffer the greatest financial losses. So what’s do we predict for 2017 besides building a better offense?
Muthu Raja Sankar, Managing Director, Accenture Security, Accenture India.

Banks, payment channels continue to be lucrative spaces for hackers: Muthu Raja Sankar

Banks and payment channels continue to be lucrative spaces for hackers to steal priceless customer data and gain entry into customers’ accounts, says Muthu Raja Sankar of Accenture India
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