India’s i-flex Solutions has grown into a market leader in the financial services industry since its launch in 1992. Founder R Shanx Ravisankar tells Stephen Timewell of the challenges that lie ahead for the software provider acquired by Oracle in 2005.
Latest articles from Fintech
Europe set for a prepaid gold rush
March 4, 2008The rapid take off of prepaid cards in the US last year looks set to be replicated in Europe in 2008. Stephen Timewell and Wendy Atkins report on the payment industry’s ‘next big thing’.
Transforming to win
February 4, 2008It is imperative that banks keep up to date with technology. Upgrading core systems is a multi-stage process, best approached with a transformation partner, says Rajashekara V Maiya, product manager at Infosys Technologies.
Joined-up thinking
February 4, 2008Technology is increasingly becoming a big part of mergers and acquisitions, and having a clear view of the target operations model is paramount, says Heather McKenzie.
The changing face of retail
February 4, 2008Retail banking is predicted to remain a driving force, though it will have to adapt as customer needs change. But how a bank utilises the technology at its disposal could be crucial to its survival, says Michael Imeson.
Focused on the customer
February 4, 2008Catering for a shifting demographic with tailor-made products and services is now firmly on the agenda, says Sanat Rao, vice-president of Infosys Technologies.
Fundamentally flawed thinking
February 4, 2008It is high time that retail banks stopped thinking of electronic channels as extensions of the branch and started thinking about the electronic structure as the foundation upon which all the channels, including the branch, are built. By Chris Skinner.
Two heads are better than one
February 4, 2008Banks and vendors are joining forces to work together to integrate their skill sets and bring new offerings to the market. Alan Duerden looks at some of the partnerships that were forged in 2007 to see how mutually beneficial this trend can be.
Steve Randich
February 4, 2008Analysts believe that Citi will, ultimately, be able to save close to $110m annually through reduced maintenance costs as well as more rapid development times. Steve Randich talks about the ambitious overhaul of Citi’s banking IT systems, across 67 countries, which took seven years.
Battle for contactless supremacy
February 4, 2008Europe is following Japan’s lead in the roll-out of contactless payment technology, with France and the UK leading the way in the innovation stakes. Wendy Atkins reports.