The year ahead for CFOs

 This year, CFOs and CIOs will move to “zero capital” and transform the IT financial model. This is one of IDC’s top 10 predictions for chief financial officers. The others are: * By 2016, LOB execs will be directly involved in 80% of new IT investments; radical...

Cisco invests in Parallels

Cisco has made an equity investment in hosting and cloud services enablement company Parallels, which supports joint go-to-market activities to deliver cloud service capabilities.  The investment is intended to strengthen inter-company collaboration towards...

MasterCard commits to Africa

MasterCard president and CEO Ajay Banga has affirmed the company’s commitment to extending financial inclusion across Africa. During a week-long visit to the continent, Banga collaborated with local government officials, financial institutions, businesses and citizens...

Stanchion takes on Middle East

South African specialist payment solutions provider, Stanchion is expanding its footprint into the Middle East and North Africa with the opening of new offices in Dubai.  The technology company is a respected player in the payment systems field, an environment that...

The year ahead for risk officers

IDC has highlighted its top 10 predictions for chief risk officers. The top 10 predictions are:  * The cost associated with risk technologies and operations across the global financial markets continue to accelerate, topping over $100-billion dollars in 2013; *...