NETSOL deploys NFS Ascent Suite in China as part of $110 million global contract
NETSOL deploys NFS Ascent Suite in China as part of $110 million global contractMar 21, 2019
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Tembici to roll out AI-powered bike sharing across Latin AmericaBicycle sharing specialist Tembici has announced plans to broaden its Latin American business using an artificial intelligence (AI) platform. It will use a cloud-based software system to obtain immediate feedback on bike share operations. The system observes trends in the way shared bicycles are used in urban areas and analyses factors including weather conditions, seasons, events, holidays and public transport closures in order to support management decision-making by delivering in-depth insights.
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Act-On Software produces strategic guidance for clientsMarketing automation platform Act-On Software has launched new strategic guidance for its financial services clients. The guidance aims to help them maximise return on investment from marketing campaigns and reduce administration.
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Charity Bank partners with Apak Group to support its core banking platformApak Group, the Sopra Banking Software company, has been chosen as a preferred supplier for Charity Bank’s new core banking platform. Charity Bank is an ethical bank that uses its savers’ deposits to lend to charities and social enterprises. It has issued more than £250 million in loans over nearly two decades. The bank will use Apak’s Aurius banking platform to support management of funds and lending support.
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Tembici to roll out AI-powered bike sharing across Latin America
Act-On Software produces strategic guidance for clients
Charity Bank partners with Apak Group to support its core banking platformInternational Decision Systems rebrands as IDSInternational Decision Systems (IDS), the global provider of technology solutions for asset and equipment finance, has changed its name to IDS. The change includes a new website that focuses on the company’s newest service, which is a Software as a Service (SaaS) solution using cloud-based technology.
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Global consultancy Accenture launches artificial intelligence and analytics service to automate business processesGlobal consultancy Accenture has launched a new service called SynOps to offer business process automation services through artificial intelligence and analytics. SynOps combines business analysis by its experts with the introduction of new technology to reduce the amount of time employees spend on repetitive, low value tasks. Accenture uses insight from more than 1,000 projects for clients in a wide range of industries to identify key performance benchmarks and how business processes can be changed.
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CalAmp acquires Car Track and Tracker to accelerate global expansion of connected car servicesConnected vehicle company CalAmp has expanded its services globally with the acquisition of Car Track in Mexico and Tracker in the UK. The two acquired companies are licensees of stolen vehicle recovery service LoJack, a CalAmp brand, in their respective countries.
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BNP Paribas Personal Finance partners with DealTrak to continue expansion of UK auto finance servicesBNP Paribas Personal Finance has agreed a new partnership with finance software platform DealTrak. The platform has access to 1,100 UK dealerships and is used to send 3.6 million proposals each year. BNP Paribas Personal Finance officially launched its range of car finance and leasing products in the UK in November last year, with a portfolio which includes hire purchase, personal contract purchase, personal contract hire and personal loans.
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Sofico’s upgraded Miles software brings record turnover during milestone yearGlobal software solutions provider Sofico achieved record sales during its 30th anniversary year. The company had turnover of €34.7 million in 2018, a rise of 16.4% on the previous year. Sofico supplies a variety of products for leasing and fleet management companies and its software is used by a broad range of captive finance and leasing companies globally. It was founded in 1988 in Belgium and its software is now installed in 24 countries worldwide.
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Cascade model for vehicle disposals gains popularityWider use of automated systems is increasing demand for cascade models in vehicle remarketing, according to software platform epyx. The model gives fleets a structured sales approach to disposing of a vehicle, ‘cascading’ it from one sales channel to another over time to ensure a smooth process to unlock funds tied up in the vehicle. For example, it may start with a fixed price sale online for dealers, then switch to a general online sale, before moving to physical auction.
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DealTrak unveils integrated F&I compliance moduleAutomotive finance and insurance software provider DealTrak has launched its new compliance module to support UK auto dealers. The system can be configured to handle finance suitability decisions as well as insurance statements of demands and needs. As a result, the company says, dealerships can establish a clear sales process which prompts users to input the right customer information, at the right time.
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Major milestone for iVendi as it signs international dealiVendi, the provider of specialist e-commerce solutions to the car finance sector, has secured its first major international deal with the introduction of a complete online marketplace for Hamburg-based Bank Deutsches Kraftfahrzeuggewerbe (BDK). BDK is a subsidiary of Société Générale that serves around one-quarter of all car dealers in Germany. It offers a product range including dealer financing, retail loan and retail leasing business for new and used cars, along with insurance and warranty products.
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Microsoft partners with Moovit and TomTom to create new enhanced mobility information platformA single mobility solution will bring together a full range of transport options for city travellers as part of a partnership between global technology giant Microsoft, mobility information service Moovit and TomTom. The trip planner identifies all driving, parking, and public transit options, which are aggregated into a single package for map users. It is aimed at supporting developers building new smartphone apps or services that help consumers to plan urban travel.
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Macquarie deal crowns “year of success” for Apak Group2018 was a significant year for Apak Group. For that was the year, resulting from 10-years of pioneering, and cutting its worldwide footprint, that it truly became a global specialist financial services provider. The company also began a new chapter of its history, with new ownership. To crown the year of success, in late December, Apak announced that it had completed the implementation of its Wholesale Finance Floorplanning Software WFSv6 with Macquarie Leasing Australia. Macquarie Leasing Australia is the latest organisation to operate its bailment (floorplan) facilities on WFSv6 within the Asia and Pacific region.
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International Decision Systems rebrands as IDS
Global consultancy Accenture launches artificial intelligence and analytics service to automate business processes
CalAmp acquires Car Track and Tracker to accelerate global expansion of connected car services
BNP Paribas Personal Finance partners with DealTrak to continue expansion of UK auto finance services
Sofico’s upgraded Miles software brings record turnover during milestone year
Cascade model for vehicle disposals gains popularity
DealTrak unveils integrated F&I compliance module
Major milestone for iVendi as it signs international deal
Microsoft partners with Moovit and TomTom to create new enhanced mobility information platform
Macquarie deal crowns “year of success” for Apak Group