Home » Industry Dynamics (page 30)

Industry Dynamics

Acxiom and DMG Announce A Strategic Alliance

DMG Solutions, a veteran player in the multicultural media/marketing space, and Acxiom®, an enterprise data, analytics and software-as-a-service company, have entered into an agreement to launch a full suite of data-driven services under the “DMG powered by AOS™ (Audience Operating System™)” umbrella. AOS –Acxiom’s proprietary tool created to address the marketing disconnect by accomplishing true 1 to 1 marketing at ... Read More »

Payment Systems: Borderless Digital Wallet

RBL Bank of India will distribute multi-currency borderless prepaid card of travel firm Thomas Cook through its 185 branches. The card offers travelers the advantage of loading up to eight currencies on a single prepaid card (US dollars, British pounds, euro, Australian dollars, Canadian dollars, Swiss francs, Singapore dollars and Japanese yen), which would provide enhanced access and convenient to ... Read More »

People on the Move: Larry Ellison Steps Down

Larry Ellison has agreed to step down as chief executive officer at Oracle (ORCL), ending one of the most entertaining and profitable runs for a leader in business history. Oracle announced Ellison’s departure via a press release delivered on Thursday afternoon after the close of U.S. financial markets. The company said that Ellison will remain chairman of Oracle’s board and take on ... Read More »

Crisil India Launches First Index for Inflation-Linked Government Bonds

The Indian unit of Standard & Poor’s, Crisil Research, will launch Inflation-Indexed Government Securities Index (CRISIL IIGS Index), a first for the Indian bond market. CRISIL IIGS Index will track a portfolio of inflation-linked securities issued by India. The researchhouse said the index will provide market participants with an appropriate and easily accessible benchmark to measure and analyze the performance of such securities. Source: International Business Times Read More »

Fannie May and Freddie Mac to Evaluate Alternative Credit-Scoring Models

The government-sponsored mortgage giants, facing pressure to end their reliance on old credit-scoring models from Fair Isaac Corp., are working with their regulator to study newer alternatives. Fannie Mae and Freddie Mac recently confirmed the commitments. That would be a great victory for VantageScore Solutions, a competitor to FICO that has struggled to gain a foothold in the mortgage-origination business. ... Read More »

Rocket Internet IPO Priced at US$8.4bn (6.5bn Euro)

The Berlin-based startup incubator by the illustrious name Rocket Internet has set the price range for its initial public offering, which could value the company as high as $8.4 billion (6.5 billion Euros.)  Following in the footsteps of Alibaba’s recent IPO Rocket Internet has an ambitious mission to become the world’s largest Internet platform outside the United States and China. ... Read More »

McGraw Hill Financial to Sell McGraw Hill Construction to Symphony Technology Group

McGraw Hill Financial announced it has agreed to sell McGraw Hill Construction to Symphony Technology Group, a strategic private equity firm based in Palo Alto, California, for $320 million in cash. The transaction, which is expected to close during the fourth quarter of 2014, is subject to regulatory approval and customary closing conditions. In March 2014, McGraw Hill Financial announced ... Read More »

Credit Rating India: Roopa Kudva Resigns as CEO of CRISIL

The Indian Business Standard reported that Roopa Kudva has resigned as CEO of CRISIL.  Quoting Kudva, a CRISIL statement said, “Change at the top at judicious intervals is a sound governance practice and allows companies to refresh themselves. I am committed to ensuring a smooth transition.”  Kudva would remain at the company till a successor was identified and appointed, CRISIL ... Read More »

Apple Eyes Pay-by-touch for next iPhone

Apple is working with Dutch chipmaker NXP to add secure short-range wireless technology into the next iPhone, enabling new pay-by-touch capabilities in the latest bid for the smartphone to replace the wallet.   Several people familiar with Apple’s plans say NXP will provide the secure near-field communications chips that will allow an iPhone to connect with payment terminals or ticketing ... Read More »

Powerful Analytics for Everyone: IBM Introduces Watson Analytics

Making its biggest announcement in a decade as leader in analytics, IBM (NYSE: IBM) announced Watson Analytics, a breakthrough natural language-based cognitive service that can provide instant access to powerful predictive and visual analytic tools for businesses.  According to analysts, only a small fraction of business people use powerful analytics tools as part of their decision making today. Watson Analytics is ... Read More »

FICO Announces Platform for Enterprise Fraud Management

FICO announced the availability of the FICO® Falcon® Platform for enterprise fraud management. The FICO Falcon Platform gives institutions and their customers real-time protection from fraud across multiple payment channels, products and services. The FICO Falcon Platform puts the company’s industry-leading FICO® Falcon® Fraud Manager technology at the heart of a modular, flexible approach to enterprise fraud protection. Smaller institutions can begin with a rules-based system for detecting transaction ... Read More »

Teradata Acquires Think Big Analytics

Teradata (NYSE: TDC), the analytic data platforms, marketing applications, and services company, announced that it acquired Think Big Analytics, Inc., the leading consulting and solutions company focused exclusively on Hadoop and big data solutions.  Think Big’s proven Hadoop and big data consulting methodology and capabilities help companies ensure successful implementation of their big data initiatives. Think Big has demonstrated expertise in implementing open source big data technologies such as ... Read More »

Reserve Bank of India (RBI) Tightens the Noose on Wilful Defaulters

Banking, markets regulators plan to shut all funding avenues for wilful defaulters Banking and markets regulators are working to ensure that wilful loan defaulters are totally shut out from any kind of funding, even from the markets, to end the practice of investors enriching themselves even as they run companies into the ground.  This is the latest initiative by Reserve ... Read More »