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Home - finance
Tag:

finance

  • NIBs: Citigroup’s AI push, BNP Paribas’ AI parable, UK banks’ AI jobs chaos

    by James Blackman August 29, 2025
    by James Blackman August 29, 2025

    Across the banking sector, AI is emerging as both a transformative tool and a workforce disruptor, reshaping how institutions operate and interact with clients. Citigroup’s Citi Wealth division has rolled …

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  • NTT Data goes hard on agentic AI, retrofits Industry 4.0 to 5.0

    by James Blackman May 15, 2025
    by James Blackman May 15, 2025

    NTT Data launches a retrofit-ready agentic AI stack to bridge Industry 4.0 to 5.0, transforming legacy RPA bots into autonomous agents and delivering modular, multi-cloud AI across sectors. In sum …

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  • Finance firms struggle to modernize as AI and blockchain race ahead

    by James Blackman April 22, 2025
    by James Blackman April 22, 2025

    Legacy tech – is holding finance back; nearly half of financial firms admit outdated infrastructure is stalling AI progress, with data quality and harmonization key to unlocking value. AI and …

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  • StarHub pairs with Nokia on 4G/5G APIs to spur enterprise apps, revenues

    by James Blackman January 23, 2025
    by James Blackman January 23, 2025

    Singapore-based mobile operator StarHub is working with Nokia on application programming interfaces (APIs) to monetise its 4G and 5G network assets with local enterprises. The pair are looking to enable …

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  • Test and Measurement: Dekra heads toward 100 with record sales

    by Kelly Hill November 26, 2024
    by Kelly Hill November 26, 2024

    Privately-held Dekra will celebrate its 100th anniversary in 2025 Dekra, which says it is the world’s largest privately held testing, inspection and certification company, recorded sales of 4 billion Euros for …

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  • BBVA taps Telefónica for cybersecurity AI for global banking operations

    by James Blackman July 22, 2024
    by James Blackman July 22, 2024

    Spain-based financial services company BBVA has selected telco-countrymate Telefónica to run artificial intelligence (AI) and process automation into its global cybersecurity operations. It is working with Telefónica Tech, the digital …

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  • To meet expectations of PE firms, CSPs must diversify business models and embrace collaboration (Reader Forum)

    by Angus Ward, CEO, Beyond Now July 19, 2023
    by Angus Ward, CEO, Beyond Now July 19, 2023

    Over the past four years, Communication Service Providers (CSPs) have merged or sold their network assets to help address the issue of a lack of differentiation and counteract the gradual …

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  • How will IoT affect global finance? (Reader Forum)

    by Catherine Sbeglia Nin September 9, 2022
    by Catherine Sbeglia Nin September 9, 2022

    Internet of Things (IoT) as described by its name, is the internet of the “things” or physical objects that are embedded with software, sensors, and communication technology. It is a …

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  • Fujitsu, AWS to boost digital transformation in finance and retail industries

    by Juan Pedro Tomás May 31, 2022
    by Juan Pedro Tomás May 31, 2022

    Using AWS, Fujitsu will develop fully managed services that package everything from cloud infrastructure to services   Japanese company Fujitsu has recently announced a strategic collaboration agreement with Amazon Web …

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  • Industry loves Industry 4.0; it’s just not very good at showing it – says Verizon

    by James Blackman February 28, 2022
    by James Blackman February 28, 2022

    MWC, Barcelona: The industrial sector loves the idea of digital change, says Verizon, and private 5G as a platform for it, but it’s just not very good at showing it. …

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  • Vodafone seeking $2.4 billion for Vantage Towers IPO

    by Catherine Sbeglia Nin March 9, 2021
    by Catherine Sbeglia Nin March 9, 2021

    Vodafone has 82,000 macro sites across 10 European countries Vodafone is seeking to raise 2 billion euros ($2.4 billion) in an initial public offering of its European mobile-phone towers unit in …

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  • Reality Check: How to stand out in your company’s strategic planning session

    by Jim Patterson May 26, 2015
    by Jim Patterson May 26, 2015

    As promised, this week we draw some conclusions from the results of our mobile first poll, which resulted in three ways to be an innovative leader as your company is planning for …

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  • Telefónica looking at IPO for Latin American unit

    by rcrwirelessadmin November 27, 2012
    by rcrwirelessadmin November 27, 2012

    Rumors about a possible initial public offering of Spain-based Telefónica’s Latin American business are back. According to reports, Telefónica is looking to float the Latin American units on the New York Stock Exchange. …

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  • Telefónica to sell call-center firm Atento for $1.34 billion

    by rcrwirelessadmin October 15, 2012
    by rcrwirelessadmin October 15, 2012

    Spain’s Telefónica has agreed to sell its call-center business Atento to Bain Capital for about U.S.$ 1.34 billion (€ 1.039 billion). Industry observers say the company wants to raise cash …

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  • While seeking investments, Hondutel to give $4.5 million to Honduran government

    by rcrwirelessadmin September 20, 2012
    by rcrwirelessadmin September 20, 2012

    The story of the financially troubled, Honduran government-owned telecommunications company, Hondutel (also known as Empresa Hondureña de Telecomunicaciones), is not finished. While seeking new investments to be competitive in the …

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  • Troubled Hondutel looks abroad for needed $500M investment

    by rcrwirelessadmin August 22, 2012
    by rcrwirelessadmin August 22, 2012

    Facing a deep financial crisis, the Honduran government-owned telecommunications company, Hondutel (also known as Empresa Hondureña de Telecomunicaciones), needs to secure at least U.S.$500 million in new investments to be competitive …

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  • Virgin Mobile secures $11M for Chilean operations; to launch in Colombia later this year

    by rcrwirelessadmin August 20, 2012
    by rcrwirelessadmin August 20, 2012

    After securing U.S.$26.5 million in new equity funding to develop its regional business and launch mobile virtual network operator (MVNO) services in Chile, Virgin Mobile Latin America (VMLA) announced it …

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  • Brazilian CEOs not so optimistic about country’s future growth

    by rcrwirelessadmin August 16, 2012
    by rcrwirelessadmin August 16, 2012

    The chief executive officers (CEO) of five big Brazilian companies from different sectors showed concerns about Brazil’s future economic growth, during a panel discussion at the IBM Forum this week …

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  • Colombian UNE EPM secures $224 million loan

    by rcrwirelessadmin August 3, 2012
    by rcrwirelessadmin August 3, 2012

    Colombia’s public telecom operator, UNE EPM, has secured a loan of up to approximately U.S.$224 million (400 billion COP). The carrier signed a 10-year credit with a disbursement period ending January …

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  • Microsoft to take a $6.2 billion write-down

    by rcrwirelessadmin July 3, 2012
    by rcrwirelessadmin July 3, 2012

    After failing to generate expected growth with the 2007 purchase of aQuantive, Inc., Microsoft Corp. (MSFT) reduced its forecasts regarding the online services division segment, and the company is taking …

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  • ARCchart: BYOD could reduce smartphone sales $40B by 2016

    by rcrwirelessadmin June 27, 2012
    by rcrwirelessadmin June 27, 2012

    The bring-your-own-device (BYOD) phenomenon could have a negative impact on manufacturing sectors, since cellphone sales could drop. This is what ARCchart, a London-based research and consulting firm, predicts in its latest …

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  • Brazil’s ICT market grows 11% to $198B, telecom claims biggest share

    by rcrwirelessadmin May 18, 2012
    by rcrwirelessadmin May 18, 2012

    The Brazilian information and communication technology (ICT) market topped $197.56 billion in 2011, which is a growth of 10.9% over the previous year, according to a study commissioned by the …

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  • Telefonica’s earnings in Latin America overtake those from Europe

    by rcrwirelessadmin May 15, 2012
    by rcrwirelessadmin May 15, 2012

    Telefónica’s Latin American earnings surpassed its earnings from Europe for the first time in the Spanish group’s history. The telecom operator announced first quarter 2012 earnings of 15,511 million euros, …

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  • First KPN, then Simple Mobile: Why does America Movil seek to go abroad?

    by rcrwirelessadmin May 11, 2012
    by rcrwirelessadmin May 11, 2012

    After making a play to increase its share in European operator KPN, America Movil said its U.S.-based subsidiary Tracfone Wireless has entered into an agreement to acquire mobile virtual network …

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  • Does America Movil’s offer for 28% stake in KPN, European expansion make sense?

    by rcrwirelessadmin May 9, 2012
    by rcrwirelessadmin May 9, 2012

    America Movil (AMX), the wireless carrier group controlled by Mexican Carlos Slim, May 8 offered about 8 euros per share to increase its stake in the Netherlands-based telecom company KPN …

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