Akbank

Call for Entries Issued for the 2024 Stevie® Awards for Great Employers

Retrieved on: 
Monday, March 25, 2024

FAIRFAX, Va., March 25, 2024 /PRNewswire-PRWeb/ -- The Stevie® Awards has issued the call for entries for the ninth annual Stevie® Awards for Great Employers, which honor the world's best companies to work for and the human resources teams, professionals, suppliers, and new products and services that help to create and drive great places to work.

Key Points: 
  • A multi-year sponsor of the Stevie Awards for Great Employers, HiBob is a modern HR Platform designed for modern business.
  • Winners in the 31 industry-specific Employer of the Year categories will be determined by a unique blend of public votes and professional ratings.
  • Categories have been added to and removed from the 2024 competition.
  • Five new HR Achievement Awards categories have been added; Achievement in Career Mobility, Achievement in Flexible and Hybrid Work Models, Achievement in Employer Branding, Achievement in Generative AI, and Achievement in Organizational Culture.

Stevie® Awards Announce Winners in 20th Annual International Business Awards® from Across the Globe

Retrieved on: 
Thursday, August 17, 2023

FAIRFAX, Va., Aug. 17, 2023 /PRNewswire-PRWeb/ -- High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 20th Annual International Business Awards®, the world's only international, all-encompassing business awards program.

Key Points: 
  • FAIRFAX, Va., Aug. 17, 2023 /PRNewswire-PRWeb/ -- High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 20th Annual International Business Awards® , the world's only international, all-encompassing business awards program.
  • The top winner of Gold, Silver, and Bronze Stevie Awards is IBM of Armonk, NY USA with 21.
  • Other winners of multiple Stevie Awards include HALKBANK, Istanbul, Turkey (20), Viettel Group, Hanoi, Vietnam (17), Telkom Indonesia, Jakarta, Indonesia (17), among others.
  • A complete list of all 2023 Gold, Silver and Bronze Stevie Award winners by category is available at http://www.StevieAwards.com/IBA .

Publicis Groupe : First Quarter 2023 Revenue

Retrieved on: 
Thursday, April 20, 2023

Both Epsilon and Publicis Sapient were again accretive to the country’s growth this quarter.

Key Points: 
  • Both Epsilon and Publicis Sapient were again accretive to the country’s growth this quarter.
  • Epsilon posted +10% organic growth, while Publicis Sapient grew +8% organically on top of +16% in Q1 last year.
  • On January 10, 2023, Publicis announced the acquisition of Advertise BG, one of the leading performance marketing agencies in Bulgaria.
  • Publicis Groupe urges you to carefully consider the risk factors that may affect its business, as set out in the Universal Registration Document filed with the French Autorité des Marchés Financiers (AMF) and which is available on the website of Publicis Groupe ( www.publicisgroupe.com ).

Universal Digital Payments Network (UDPN) is launched to support seamless digital payments across multiple central bank digital currencies and regulated stablecoins

Retrieved on: 
Wednesday, January 25, 2023

DAVOS, Switzerland, Jan. 25, 2023 /PRNewswire/ -- Launched at Davos during the World Economic Forum week, the Universal Digital Payments Network (UDPN) is a DLT-underpinned messaging backbone focused on providing interoperability between the fast-growing number of different regulated stablecoins and CBDCs, and seamless connectivity between any business IT system and regulated digital currencies.

Key Points: 
  • DAVOS, Switzerland, Jan. 25, 2023 /PRNewswire/ -- Launched at Davos during the World Economic Forum week, the Universal Digital Payments Network (UDPN) is a DLT-underpinned messaging backbone focused on providing interoperability between the fast-growing number of different regulated stablecoins and CBDCs, and seamless connectivity between any business IT system and regulated digital currencies.
  • The UDPN has the potential to drive down the cost of digital payments and accelerate adoption by banks and businesses of all sizes.
  • "The purpose of UDPN is to investigate a potential alternative to existing payments systems by enabling interoperability between fiat-backed tokens of stablecoins and regulated protocols," said Marika Lulay, CEO of GFT.
  • "The decentralised approach and geographic breadth of participating firms, combined with the advanced technological solution deployed for these trials, set this network apart."

Universal Digital Payments Network (UDPN) is launched to support seamless digital payments across multiple central bank digital currencies and regulated stablecoins

Retrieved on: 
Wednesday, January 25, 2023

DAVOS, Switzerland, Jan. 25, 2023 /PRNewswire/ -- Launched at Davos during the World Economic Forum week, the Universal Digital Payments Network (UDPN) is a DLT-underpinned messaging backbone focused on providing interoperability between the fast-growing number of different regulated stablecoins and CBDCs, and seamless connectivity between any business IT system and regulated digital currencies.

Key Points: 
  • DAVOS, Switzerland, Jan. 25, 2023 /PRNewswire/ -- Launched at Davos during the World Economic Forum week, the Universal Digital Payments Network (UDPN) is a DLT-underpinned messaging backbone focused on providing interoperability between the fast-growing number of different regulated stablecoins and CBDCs, and seamless connectivity between any business IT system and regulated digital currencies.
  • The UDPN has the potential to drive down the cost of digital payments and accelerate adoption by banks and businesses of all sizes.
  • "The purpose of UDPN is to investigate a potential alternative to existing payments systems by enabling interoperability between fiat-backed tokens of stablecoins and regulated protocols," said Marika Lulay, CEO of GFT.
  • "The decentralised approach and geographic breadth of participating firms, combined with the advanced technological solution deployed for these trials, set this network apart."

Diebold Nixdorf Partners with Featurespace to Provide Fraud Prevention Technology Within its Payments Processing Platform

Retrieved on: 
Friday, October 21, 2022

CAMBRIDGE, England and HUDSON, Ohio, Oct. 21, 2022 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in automating, digitizing and transforming the way people bank and shop, and Featurespace, a world leader in enterprise financial crime prevention, today announced that the companies are partnering to integrate its highly specialized, fraud prevention technology into Diebold Nixdorf's Vynamic® Payments platform.

Key Points: 
  • By partnering with Featurespace, Diebold Nixdorf can provide financial institutions a fully integrated payments solution with proven real-time fraud detection and prevention capabilities without the concern of managing multiple vendors.
  • Joe Myers, executive vice president, Global Banking, at Diebold Nixdorf said:"We are excited to begin this partnership with Featurespace as the technology and product features of ARIC Risk Hub perfectly align with Diebold Nixdorf's payments transaction processing.
  • By integrating the holistic solution into our Vynamic Payments platform, we can provide financial institutions with the most powerful and open technology to combat fraud and financial crime."
  • Fraud Prevention & AML in Payments as a Service , with Dave Excell, Founder, Featurespace, Tuesday 25 October, 1:00pm PDT
    Featurespace is the world leader in enterprise grade technology that prevents fraud and financial crime.

Judging Panel of International Industry Experts Announced For 2023 FICO Decisions Awards

Retrieved on: 
Thursday, September 29, 2022

FICO has announced its panel of independent judges for the 2023 FICO Decisions Awards, which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs.

Key Points: 
  • FICO has announced its panel of independent judges for the 2023 FICO Decisions Awards, which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs.
  • The jury for this year's awards is once again filled with talent and diversity, said Nikhil Behl, chief marketing officer at FICO.
  • Douglas Blakey is group editor banking and payments at GlobalData and has edited Retail Banker International and Electronic Payments International since 2010.
  • He is chief of judges for the annual Retail Banker International Awards and lead market advisor for GlobalData's retail banking research division.

Between a rock and a hard place – new research reveals US Banking is trapped by rising financial crime and perceived tech complexity

Retrieved on: 
Tuesday, September 13, 2022

The report paints a picture of a sector trapped between increasing financial crime especially scams and the perception that any solution will bring added complexity and compliance headaches.

Key Points: 
  • The report paints a picture of a sector trapped between increasing financial crime especially scams and the perception that any solution will bring added complexity and compliance headaches.
  • Scams occur across all payment types, including cards, contributing to the major rise in credit and debit card fraud volumes and losses.
  • Often less equipped to counter or sustain increasingly sophisticated attacks, almost three quarters (71%) of smaller FIs reported increased fraud rates.
  • Homberger elaborated: This research points to an industry in a kind of deadlock when it comes to combating fraud and financial crime.

Featurespace and Vital4 Partner to Provide Enhanced Watchlist Screening

Retrieved on: 
Tuesday, August 16, 2022

Featurespace and Vital4 have signed a global partnership to provide the financial services industry with AI driven Watchlist, PEPs, Sanctions and Adverse Media screening through Featurespaces award winning ARIC Risk Hub.

Key Points: 
  • Featurespace and Vital4 have signed a global partnership to provide the financial services industry with AI driven Watchlist, PEPs, Sanctions and Adverse Media screening through Featurespaces award winning ARIC Risk Hub.
  • Given the complementary technologies of Featurespace and Vital4, the industry now has access to behavioral analytics coupled with sentiment analysis to truly identify the financial criminals in real time.
  • Featurespace and Vital4 are two Atlanta based AI driven technology companies led by industry leading women.
  • Vital4 provides data solutions to thousands of users in banking, gaming, identity, gig economy, GRC, legal, insurance and 4 of the top 5 largest background screening companies in the world put their trust in Vital4.

Akbank Uses FICO Prescriptive Analytics to Grow Credit Card Approvals 45% And Limits By 60%

Retrieved on: 
Tuesday, June 21, 2022

The use of FICO prescriptive analytics allows the bank to comply with rigorous national laws around credit offers while growing credit card approvals by 45 percent and credit limits by 60 percent.

Key Points: 
  • The use of FICO prescriptive analytics allows the bank to comply with rigorous national laws around credit offers while growing credit card approvals by 45 percent and credit limits by 60 percent.
  • Growing market share and revenues in the credit card portfolio is dependent on the level of credit limits approved to customers, said Serhan Pak, SVP of retail lending & advanced credit analytics at Akbank.
  • This rule meant that Akbank had to include existing credit cards from other banks into its optimization model.
  • FICO Decision Optimizer was used to design strategies and set limits for Initial Credit Line (ICL), and Credit Line Increase (CLI) operations at Akbank.