2016 will see increased investment in mobile and deeper functionality in the Internet of Things, according to two Israel-based financial services experts. Matan Bar, head of PayPal’s Consumer Product Center in Tel Aviv, noted in the Jerusalem Post several areas he expects to see change in PayPal’s areas of operation inRead More
Post Tagged with: "SAP"
It would be easy to dismiss the Apple-IBM partnership announced yesterday as an iPhone sales deal. In fact, the deal has significant implications for banking and banking technology. Hear that, SAP? At the heart of the deal is a new opportunity for Apple to sell to corporations through IBM, which owns corporateRead More
You can find data to tell you just about anything about banking these days. That’s not a good thing. This morning I came across two banking studies that, while not exactly contradictory, seem to be implying two opposing trends. On the one hand, there is the Bankrate.com study released today thatRead More
CSC, the Virginia-based information technology company, and German software company SAP are already collaborating on financial services products, and it was announced this week that they will be deepening their relationship. Could an acquisition be in the works? The press release from May 15 reads in part: Under the expandedRead More
“The mobile phone is likely to be the basic bank account of the world by the next decade,” wrote Brett King in his new book, Bank 3.0. It appears that that transition will cost financial institutions less — to the chagrin of tech vendors. Sources tell Bank Innovation the price vendorsRead More
In a video series launched by EFMA and SAP last fall, Andres Wolberg-Stok, global mobile and tablet director for Citibank, discusses the bank’s innovation strategy. The series also features bankers from BNP Paribas Fortis, Santander, and Banque Libano-Francaise.
American Express was crowned the No. 1 financial services brand for 2012 by Interbrand this week. Too bad American Express didn’t even crack the Top 20 among the Top 100 global brands. In ranking No. 1 among financial services brands, Amex came in at No. 24 among all brands. (Coca-ColaRead More
With SAP celebrating the big 4-0 this year, one of the world’s largest enterprise software providers received a wonderful birthday present: substantial growth within its SAP Financial Services unit last quarter.
SAP intends to release software later this year that would standardize the enterprise resource planning software, known a ERP, it provides to large corporations and mega banks. And the implications of this are profound.