Adelaide Bank

Community Banking Market to reach USD 207.21 billion by 2027, Bay Community Bancorp., BCB Bank & Bendigo and Adelaide Bank Ltd. emerge Among Key Players - 17000 + Technavio Reports

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Tuesday, January 23, 2024

The community banking market is fragmented owing to the presence of many global and regional companies.

Key Points:

The community banking market is fragmented owing to the presence of many global and regional companies.
BCB Bank- The company offers community banking services that provide financial support to construction businesses, commercial mortgages, and small to medium business enterprises.
Bendigo and Adelaide Bank Ltd. - The company offers community banking services that provide financial loans to doctors, hospitals, diagnostic centers, nursing homes along medical clinics.
The merchant banking services market is estimated to grow at a CAGR of 6.13% between 2021 and 2026.

COGNIZANT REPORTS THIRD QUARTER 2023 RESULTS

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Wednesday, November 1, 2023

Total headcount at the end of the third quarter was 346,600, an increase of 1,000 from Q2 2023 and a decrease of 2,800 from Q3 2022.

Key Points:

Total headcount at the end of the third quarter was 346,600, an increase of 1,000 from Q2 2023 and a decrease of 2,800 from Q3 2022.
Voluntary attrition - Tech Services on a trailing-twelve-month basis, declined to 16.2% from 19.9% in Q2 2023 and 29.2% in Q3 2022.
In October 2023, the Company declared a quarterly cash dividend of $0.29 per share, a 7% increase year-over-year, for shareholders of record on November 21, 2023.
Cognizant intends to build a consortium of partners, which then will help employ individuals who are upskilled through the Synapse initiative.

Infosys : Highest ever large and mega deal wins with TCV of $7.7 billion lay solid foundation for future

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Thursday, October 12, 2023

BENGALURU, India, Oct. 12, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $4,718 million in Q2 revenues with year-on-year growth of 2.5% and sequential growth of 2.3% in constant currency. Large deal TCV for the quarter was $7.7 billion, with net new of 48%. Operating margin for the quarter increased by 40 bps sequentially to 21.2%. Attrition declined further to 14.6%. FY24 revenue guidance revised to 1.0%-2.5% and operating margin guidance retained at 20%-22%.

Key Points:

Infosys extended collaboration with Liberty Global to help evolve and scale Liberty Global's digital entertainment and connectivity platforms leveraging Infosys Topaz.
By harnessing the power of generative AI, Infosys will help customers accelerate growth and innovation."
Together, NVIDIA and Infosys will create an expert workforce to help businesses use this platform to build custom applications and solutions."
Better operational flow equals more effective and empowered staff and builds on the award-winning customer experience our Bank consistently offers."

Infosys : Highest ever large and mega deal wins with TCV of $7.7 billion lay solid foundation for future

Retrieved on:

Thursday, October 12, 2023

BENGALURU, India, Oct. 12, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $4,718 million in Q2 revenues with year-on-year growth of 2.5% and sequential growth of 2.3% in constant currency. Large deal TCV for the quarter was $7.7 billion, with net new of 48%. Operating margin for the quarter increased by 40 bps sequentially to 21.2%. Attrition declined further to 14.6%. FY24 revenue guidance revised to 1.0%-2.5% and operating margin guidance retained at 20%-22%.

Key Points:

Infosys extended collaboration with Liberty Global to help evolve and scale Liberty Global's digital entertainment and connectivity platforms leveraging Infosys Topaz.
By harnessing the power of generative AI, Infosys will help customers accelerate growth and innovation."
Together, NVIDIA and Infosys will create an expert workforce to help businesses use this platform to build custom applications and solutions."
Better operational flow equals more effective and empowered staff and builds on the award-winning customer experience our Bank consistently offers."

Bendigo and Adelaide Bank selects nCino to transform its business banking

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Wednesday, September 20, 2023

NCino, Public sector banks in India, Agribusiness, Automation, Bank, Adelaide Bank

SYDNEY, Australia, Sept. 20, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Bendigo and Adelaide Bank, a leading Australian bank, has selected nCino to enhance and simplify their business banking operations.

Key Points:

SYDNEY, Australia, Sept. 20, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Bendigo and Adelaide Bank, a leading Australian bank, has selected nCino to enhance and simplify their business banking operations.
nCino is a cloud-based, purpose-built banking platform that will help Bendigo and Adelaide Bank achieve their digital transformation goals by automating processes, facilitating the Bank’s ability to enhance compliance, and empowering its bankers.
By introducing nCino into their operations, Bendigo and Adelaide Bank will leverage intelligent automation, streamline processes, deliver a faster time to decision and enable their bankers to devote more time on building relationships with customers.
“We are pleased to partner with nCino as we step up our efforts to simplify our business,” said Adam Rowse, Chief Customer Success Officer for Business Bank & Agribusiness at Bendigo and Adelaide Bank.

MongoDB Launches Atlas for Industries

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Thursday, June 22, 2023

NEW YORK, June 22, 2023 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today at its developer conference, MongoDB.local NYC, announced MongoDB Atlas for Industries, a new program to help organizations accelerate cloud adoption and modernization by leveraging industry-specific expertise, programs, partnerships, and integrated solutions. With MongoDB Atlas for Industries, customers have access to expert-led architectural design reviews, technology partnerships that deliver enhanced solutions for industry-specific challenges, and industry-specific knowledge accelerators to provide highly relevant technology training paths for development teams. MongoDB Atlas for Industries is launching its first set of vertical solutions for financial services, an industry that is changing rapidly with shifts in automation and technology advancements. With MongoDB Atlas, financial institutions can improve customer experiences by modernizing legacy functionality on existing in-house banking systems and building composable architectures—architectures that make it easy to integrate industry-leading software tools—to get ideas to market faster with the performance and scale they need. MongoDB Atlas for Industries programs for manufacturing and automotive, insurance, healthcare, retail and other industries will follow over the course of the year. To get started, visit mongodb.com/industries.

Key Points:

MongoDB Atlas for Industries brings industry-specific expertise, programs, partnerships, and integrated solutions together to meet customers where they are on their modernization journey
Financial Services is the first industry in the Atlas for Industries program, highlighting MongoDB's innovative, compliant, secure banking solutions
NEW YORK, June 22, 2023 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today at its developer conference, MongoDB.local NYC, announced MongoDB Atlas for Industries, a new program to help organizations accelerate cloud adoption and modernization by leveraging industry-specific expertise, programs, partnerships, and integrated solutions.
MongoDB Atlas for Industries programs for manufacturing and automotive, insurance, healthcare, retail and other industries will follow over the course of the year.
MongoDB Atlas also provides the resilience, scale, and highest levels of data privacy and regulatory compliance that MongoDB financial customers require.
As part of the MongoDB Atlas for Financial Services launch, MongoDB has achieved Amazon Web Services ( AWS) Financial Services Competency .

G+D and Netcetera 3-D Secure Server Certified by eftpos Australia

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Thursday, June 15, 2023

Global payments security company Netcetera announced today that its 3DS Server has received certification from eftpos, Australia’s go-to payment system for domestic debit and e-commerce transactions.

Key Points:

Global payments security company Netcetera announced today that its 3DS Server has received certification from eftpos, Australia’s go-to payment system for domestic debit and e-commerce transactions.
All merchants working with Netcetera, who is represented by their strategic partner G+D in Australia, can have their eftpos transactions authenticated by Netcetera’s 3DS secure suite, enabling faster, cheaper and more secure transaction processing for Australia’s fast-growing e-commerce market.
In 2021, eftpos handled two billion transactions on 50 million cards between more than one million point of sale (POS) devices and online transactions.
We offer clients industry-leading uptimes and security for transaction processing and look forward to partnering with eftpos to grow our business in Australia.

JFrog Streamlines Security Threat Detection and Response with AWS

Retrieved on:

Tuesday, July 26, 2022

AWS re:Inforce JFrog Ltd. (JFrog) (NASDAQ: FROG), the Liquid Software company and creators of the JFrog DevOps Platform , today announced its DevSecOps tool, JFrog Xray , now supports Amazon Web Services (AWS) Security Hub, a cloud security posture management service that performs best practice checks, aggregates alerts, and allows automated remediation.

Key Points:

AWS re:Inforce JFrog Ltd. (JFrog) (NASDAQ: FROG), the Liquid Software company and creators of the JFrog DevOps Platform , today announced its DevSecOps tool, JFrog Xray , now supports Amazon Web Services (AWS) Security Hub, a cloud security posture management service that performs best practice checks, aggregates alerts, and allows automated remediation.
JFrog Xrays support of AWS Security Hub will help developers ensure security is continuously implemented across development pipelines and that they have a central location for visibility into vulnerability alerts, contextual applicability of the threat, and prioritization of remediation activities.
With JFrogs new support of AWS Security Hub customers can utilize JFrog Xray to:
Get a consolidated view of all license compliance and security vulnerabilities across their cloud instances.
@jfrog earns AWS DevOps Competency and unveils support for AWS Security Hub, helping customers rapidly identify and remediate security vulnerabilities and license violations.

Australia Cards and Payments Market Opportunities and Risks Report 2021-2025 - ResearchAndMarkets.com

Retrieved on:

Monday, October 18, 2021

The "Australia Cards and Payments - Opportunities and Risks to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Australia Cards and Payments - Opportunities and Risks to 2025" report has been added to ResearchAndMarkets.com's offering.
'Australia Cards and Payments - Opportunities and Risks to 2025' report provides detailed analysis of market trends in the Australian cards and payments industry.
This report provides top-level market analysis, information and insights into the Australian cards and payments industry, including:
Current and forecast values for each market in the Australian cards and payments industry, including debit, credit, and charge cards.
In April 2021, Virgin Money Australia launched its digital bank in Australia, offering transaction and saving accounts along with Visa debit cards.

Bendigo and Adelaide Bank Goes Live with Wolters Kluwer’s OneSumX for Regulatory Reporting

Retrieved on:

Sunday, January 6, 2019

Technology, Software, Professional services, Banking, Finance, Legal, Banks of Australia, Bendigo, Bendigo and Adelaide Bank, Wolters Kluwer, Adelaide Bank, Financial services, Banks, Public sphere

Bendigo and Adelaide Bank has completed its implementation of Phase 1 of Modernized Economic and Financial Statistical Reporting (EFS) using Wolters Kluwers OneSumX for Regulatory Reporting .

Key Points:

Bendigo and Adelaide Bank has completed its implementation of Phase 1 of Modernized Economic and Financial Statistical Reporting (EFS) using Wolters Kluwers OneSumX for Regulatory Reporting .
OneSumX Regulatory Reporting uses a single source of data to ensure consistency, reconciliation and accuracy and includes the firms Regulatory Update Service.
Bendigo and Adelaide Bank specifically use the Regulatory Reporting functionality for its Authorised Deposit-Taking Institution in Australia.
During our program Wolters Kluwers experts have assisted the Bendigo and Adelaide Bank implementation team, keeping within budget and delivering on schedule, said Patricia Zeitz, Divisional CFO, Consumer Banking, for Bendigo and Adelaide Bank.