12
NEWS Samsung Pay completes passage to India
after Samsung teased a launch in February. Banks onboard include Axis, HDFC, ICICI, SBI and Standard Chartered, with Citibank set to join them in the near future, and the mobile payments service works with Mastercard and Visa cards.
S
It is only currently available for those who signed up for Samsung’s early access programme (no news yet on when the service will be rolled out across the country). An interesting addition is support for the Paytm wallet, a smart move by Samsung given the popularity of Paytm in India. Samsung Pay is also available in South Korea, the US, Malaysia, Spain, Russia, Thailand, Brazil, China, Singapore, Australia, Puerto Rico, whilst Canadian and UK launches are in the works.
Lloyds closes on IBM cloud deal
year, £1.3 billion IT outsourcing contract with IBM which would see almost 2,000 jobs shift to Big Blue.
L
Citing a presentation given by Morteza Mahjour, Lloyds’ Chief Information Officer, Lloyds Trade Union, which is no longer recognised by the FI, said 1,961 staff would be transferred to IBM, mostly from Lloyds’ datacentres in Cop- ley, West Yorkshire, and Edinburgh. It claimed the deal had been criticised by “senior managers and head of functions
loyds Banking Group is set to agree a seven-
in IT, concerned that critical systems which underpin the bank’s major payment, treasury trading, settlement and digital services are being outsourced to a third party to eventually be run offshore.”
“Even the bank admits that the migration of the ac- counting details of 20 million customers on to a private cloud to be run by staff based offshore could ‘weaken existing security controls and adversely effect the con- fidentiality and integrity of bank data’,” it said, adding that only 193 of the staff would still work on the Lloyds contract after four years. The bulk of the work would be done by 993 staff based offshore.
Lloyds Banking Group commented: “We are con- sidering options to extend use of cloud technology in pursuit of the group’s aim to be the best bank for customers. We do not comment on speculation and, if any decisions are made, they will be communicated to our colleagues first.”
Scott Thompson amsung Pay has finally gone live in India,
Scott Thompson
www.ibsintelligence.com © IBS Intelligence 2017
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60
