the Financial Changes That the Pandemic Brought

Reports indicate that the 2020 health emergency has increased the use of digital transactions while decreasing the use of physical money.

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This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

For some time it has been predicted that, eventually, cash could fall into disuse to give prominence to electronic payments. Now, the COVID-19 pandemic could make these projections a reality.

Based on the trends seen in 2019 and so far in 2020, it is speculated that global cashless transactions will have an annual growth rate of 12% until 2023. In Latin America the growth rate will be 6%, according to the World Payments Report 2020 published by Capgemini.

The same report indicates that

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Recon Software for the Financial Service Market Size Outlook 2025: Top Companies, Trends, Growth Factors Details by Regions, Types and Applications

The MarketWatch News Department was not involved in the creation of this content.

Nov 23, 2020 (Market Insight Reports) —
Selbyville, Delaware A comprehensive research study on Recon Software for the Financial Service market added by Market Study Report provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of Recon Software for the Financial Service market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

The global Recon Software for the Financial Service market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 8.1%% in the forecast period of 2020 to 2025 and will expected to reach USD 817.3 million by 2025, from USD 598.8 million in 2020

The latest report on the Recon Software for the Financial Service market imparts a

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Bitcoin is ‘here to stay’ thanks to huge demand from millennials, BlackRock’s Rick Rieder says | Currency News | Financial and Business News

Rick Rieder

  • Bitcoin is “is here to stay,” BlackRock’s chief investment officer of fixed income Rick Rieder told CNBC on Friday.
  • Rieder pointed to millenials openness to cryptocurrencies and digital payments as one reason why the popular crypto currency isn’t going anywhere.
  • While Rieder said he doesn’t own bitcoin in his own portfolio, he does see potential for bitcoin to “take the place of gold to a large extent,” according to the interview.
  • Visit Business Insider’s homepage for more stories.

Bitcoin isn’t going anywhere, according to BlackRock’s CIO of fixed income Rick Rieder.

In an interview with CNBC on Friday, Rieder said bitcoin is “here to stay” thanks to millenials’ openness to the cryptocurrency and digital payments in general.

The comments come in a month where bitcoin has surged 37% to levels not seen since its run to just under $20,000 in December of 2017.

Rieder believes bitcoin has

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Persistent Achieves AWS Financial Services Competency Status

SANTA CLARA, Calif. and PUNE, India, Nov. 18, 2020 /PRNewswire/ — Persistent Systems (BSE: Persistent) (NSE: Persistent), an Amazon Web Services (AWS) Advanced Consulting Partner has achieved AWS Financial Services Competency status. This adds to Persistent’s recent achievement of the AWS Data & Analytics Competency, AWS SaaS Competency, AWS DevOps Competency, and AWS IoT Competency designations as well as being an AWS Lambda Service Delivery Partner.

Launching a Digital Bank for the UK’s High Net Worth Individuals

Persistent has been selected by Monument, a new UK digital-first bank for the mass affluent, to help bring to life its design for a bespoke, digital banking platform for lending and deposit services. Monument’s approach is to bring together a unique configuration of enhanced solutions including Mambu, AWS and Salesforce.

Quote from Sudip Dasgupta, CTO at Monument Bank

“We selected Persistent to help us build our platform for a number of

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Why Banks And Financial Institutions Must Increase Cybersecurity Measures During the Festive Season

5 min read

Opinions expressed by Entrepreneur contributors are their own.

You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

As the holiday season returns with its customary pomp and splendor, a surge in e-commerce, retailing and e-banking proceedings are widely expected. With the festive fever gripping the nation and the volume of online and offline transactions rising substantially, cybercriminals are provided with the perfect opportunity to intensify the scale of cyberattacks on financial institutions, organizations and even individuals. With the rampant increase in purchasing activities, online payment platforms are at a greater risk of succumbing to the hostile attacks of cyber-miscreants.

The financial and retail sectors continue to be the primary targets of malicious threat actors who are relentless in their efforts to steal hi-rated assets, money, and valuable data. The distractions that are typical to the festive season can render financial institutions offguard, thus,

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Introducing Financial Services and the brand new Insider Intelligence site

  • Today, Insider Intelligence is introducing Financial Services, a robust coverage area offering unbiased insight into how technology is transforming Banking, Payments, Insurance, and Wealth Management.
  • In addition, we’re rolling out our new Insider Intelligence site, which now provides all clients with frictionless access to eMarketer and Business Insider Intelligence content.
  • Learn more about Insider Intelligence here.

As consumers and businesses alike seek out contactless money management options and self-service portals, the importance of digital channels has never been clearer for financial services providers.

For legacy institutions, digitalization means completely overhauling operations. For startups and emerging players, it means massive opportunity.

That’s why today we’re introducing Financial Services from Insider Intelligence, a robust coverage area offering unbiased insight into how technology is transforming Banking, Payments, Insurance, and Wealth Management.

Financial Services leverages our industry recognized and trusted methodology to provide clients with reliable estimates that will help them make better decisions.

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IBEX Limited Announces First Quarter Fiscal Year 2021 Financial Results

First Quarter Fiscal Year 2021

  • Record revenue increased 14.1% year-over-year to $108.8 million

  • Net loss was $3.4 million (non-GAAP adjusted net income of $5.2 million)

  • Adjusted EBITDA increased 41.3% to $15.6 million

  • Eight new logos won and two new contact centers opened

  • Company raises guidance for fiscal year 2021

WASHINGTON, Nov. 16, 2020 (GLOBE NEWSWIRE) — IBEX Limited (“ibex”), a leading global provider of outsourced CX solutions, today announced financial results for its fiscal quarter ended September 30, 2020.

“We achieved record first quarter 2021 financial results for our first quarter as a public company – driving 14.1% year-over-year revenue growth, and positioning us to raise our fiscal year 2021 guidance,” said Bob Dechant, Chief Executive Officer of ibex. “Our results are a reflection of our success with New Economy clients and large blue chip clients who are shifting their customer interactions to digital. Our broad differentiated BPO 2.0 solutions

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Liberated Syndication Schedules 2020 Third Quarter Financial Results Conference Call

Liberated Syndication Inc. (OTCQB:LSYN) (“Libsyn” or “the Company”), the podcast industry’s premier hosting platform, today announced it will hold a conference call on Monday, November 16, 2020 to discuss the results of its financial results for the third quarter ended September 30, 2020.

Conference Call Details
Libsyn will discuss these results in a conference call Monday, November 16, 2020 at 1:00 p.m. ET.


Participant Dial-In Numbers:

(United States):





To access the call, please dial-in approximately five minutes before the start time.

Submit Questions for the Call
Questions for consideration for the call can be emailed to [email protected] prior to 9:00 a.m. ET on Monday, November 16, 2020.

Conference Call Replay
A replay of the conference call will be accessible two hours after the call and available for one month at the Investor Resources section of the investor site:

About Liberated Syndication

Liberated Syndication Inc. (“Libsyn”)

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Roku Chief Financial Officer to Present at RBC Capital Markets Global Technology, Internet, Media & Telecom Virtual Conference

Roku, Inc. (Nasdaq: ROKU) announced today that Chief Financial Officer Steve Louden will present at the RBC Capital Markets Global Technology, Internet, Media & Telecom Virtual Conference on Tuesday, Nov 17, 2020. Louden is scheduled to present at 11:40 a.m. Pacific Time / 2:40 p.m. Eastern Time.

A live webcast and replay of the presentation will be available on the investor relations section of the Roku web site at

About Roku, Inc.

Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku streaming players and TV-related audio devices are available in the U.S. and in select countries through direct retail sales and licensing arrangements with service operators. Roku TV™ models are available in the U.S. and in select countries through

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