Fintech PR
Metro Bank Forges Strategic Collaboration with Infosys to Accelerate Digital Transformation
To enhance digital capabilities, improve automation, refine data, and embed further AI capabilities
LONDON, Sept. 17, 2024 /PRNewswire/ — Metro Bank, the UK’s community bank, has entered into a long-term collaboration with Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, to enhance some of its IT and support functions, while digitally transforming the bank’s business operations.
The collaboration supports the bank’s ongoing efficiency and cost saving efforts. Collaborating with a global leader like Infosys will allow Metro Bank to enhance its digital capabilities, improve automation, refine data, and embed further AI capabilities, leveraging Infosys Topaz, an AI-first offering using generative AI technologies, to deliver a simpler more consistent customer experience for its FANS. Infosys’ vast experience and capability will help Metro Bank continue to build a more agile bank, poised for meaningful growth.
Daniel Frumkin, Metro Bank Chief Executive Officer, said, “This collaboration with a world class provider like Infosys builds on the solid foundations we have already laid, unleashing our true potential, and creating a sustainably profitable and scalable organization that is fit for the future. At the end of this transformation, we will be a very different business, but the true essence of Metro Bank will remain the same – a high-quality service organization putting customers centre-stage.
“Metro Bank expects to deliver £80m of annualized cost savings this year across multiple initiatives, as it progresses towards the target of reaching mid-to-high teen Return on Tangible Equity by 2027. Our vision for Metro Bank in 2025 and beyond, places our store network firmly at its heart, as we continue with our plans to open new stores and bring the Metro Bank experience to the north of England.”
Dennis Gada, EVP and Global Head of Banking and Financial Services, Infosys, said, “Metro Bank’s strategic vision and unique business model, combined with Infosys’ global expertise in driving growth and enhancing efficiencies for mid-sized banks, will significantly contribute to creating value and establishing a top-tier, customer-centric bank. We are excited to collaborate with Metro Bank in driving this transformation by leveraging advanced digital and AI capabilities, banking domain experience, as well as modernization and automation focus through Infosys Topaz. Our shared goal is to continually enhance customer engagement, community focus, and the integration of physical and digital experiences, thereby accelerating growth and value creation for Metro Bank.”
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
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Bata Celebrates 130 Years with a new Brand Campaign: “Make Your Way”
LAUSANNE, Switzerland, Sept. 19, 2024 /PRNewswire/ — Bata, one of the world’s leading footwear companies, proudly celebrates its 130th anniversary with a new brand campaign named: “Make Your Way.” This milestone marks a celebration of Bata’s rich heritage, and an exciting evolution aimed at positioning the brand as one of the top choices worldwide.
A New Era for Bata
The “Make Your Way” campaign reflects Bata’s renewed focus on style, comfort, and affordability, aiming to attract a younger, trend-conscious audience while honouring its strong heritage.
“This campaign is about inspiring self-expression and confidence. At Bata, we make shoes to accompany consumers as they create their own path in life and build their road to the future,” says Sandeep Kataria, Global CEO of Bata.
Strategic Vision
The new positioning, “Stylish, comfort-enhanced, affordable shoes for every side of you to make your way” aims to connect with today’s fashion-conscious consumers, to expand Bata customers base and drive further growth. It will be communicated through Bata’s key labels: “Bata”, “Bata Comfit,” and “Bata Red Label.” This strategy positions Bata as the only major high-street footwear Retailer genuinely targeting ‘Every Side of You’ through authentic and heritage-rich in-house brands, covering every aspect of consumer life: dress, leisure and sport.
Global Campaign Rollout
Developed with the agency &Rosàs, the global campaign includes media investments, in-store storytelling, and a redesign of Bata’s e-commerce and social media approach.
Special Initiatives
It will also feature do-good marketing efforts to inspire and support women across various disciplines. Starting in September in Europe, Bata will introduce a special 130th-anniversary edition of women’s ballerinas, supporting women in ballet and dance, fostering participation from diverse backgrounds, and aiding women facing economic challenges. The Ballerinas are a fashionable reinterpretation of the original Batovka, an innovative shoe launched in 1897 by Bata, which embodied the company’s vision about quality & affordability.
About Bata Group
Bata is one of the world’s leading shoemakers, selling more than 150 million pairs of shoes annually. With comfortable fit, stylish designs, affordable prices, and responsible manufacturing, Bata customers can feel good in their shoes – from their head to their toes. Founded in 1894, the family-owned business operates in over 56 countries across five continents. Bata designs, manufactures, and retails its own footwear, constantly innovating to find the perfect fit.
About &Rosàs
Founded in 2003, &Rosàs is a leading advertising and communications agency based in Barcelona, known for its consistency, market awareness, and loyalty.
Press Contact
Sarah Stocchetti
Global Corporate Communications at Bata Group
E-Mail: [email protected]
Mobile: +41 79 724 60 68
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View original content:https://www.prnewswire.co.uk/news-releases/make-your-way-bata-unveils-brand-evolution-302240672.html
Fintech PR
KM Malta Airlines, the Maltese Islands’ New National Carrier, Implements CellPoint Digital’s Payment Orchestration Solution Ahead of Official Launch
The partnership will enable Europe’s newest airline to provide passengers with a seamless payment experience and access to their preferred payment methods.
LONDON, Sept. 19, 2024 /PRNewswire/ — CellPoint Digital, a global pioneer in Payment Orchestration, today announced that it will provide Payment Orchestration solutions to KM Malta Airlines (KMMA) as the new flag carrier of the Maltese Islands begins service on March 31, 2024. CellPoint Digital will support KMMA’s payment processes across all sales channels, including on its new website, allowing passengers to pay with key alternative payment methods (APMs) like Apple Pay.
Using CellPoint Digital’s Payment Orchestration platform, KMMA launches service with optimised payment processes, a cost-effective payment strategy, and a customer-centric payment model. This partnership reflects KMMA’s commitment to providing its passengers with a seamless, convenient payment experience and the airline’s recognition of CellPoint Digital as the ideal payment solution provider for its debut.
The partnership with CellPoint Digital also gives KMMA access to multiple acquirer connections to support its growth strategy, including its preferred acquirer Shift4 (formerly Finaro). This enables the new airline to route its transactions optimally, resulting in lower payment costs and settlement in its preferred currency.
“It’s not often that we get to be present at the inception of one of Europe’s next great airlines, but that’s the opportunity we have with this partnership,” said Kristian Gjerding, CEO of CellPoint Digital. “By prioritising its payment strategy as a cornerstone of its launch strategy, KMMA demonstrates that it cares about providing passengers with the best possible booking experience and setting itself up for future success.”
A New Airline with a New Approach to Payments
KMMA is the brand-new flag carrier of Malta, replacing Malta Air and beginning service on March 31, 2024. The airline, which will fly to 17 airports in 15 major European cities, was established to protect and enhance the connectivity of the Maltese Islands to Europe and beyond, to support the Islands’ continued economic development and to grow into a successful and sustainable airline. Working with CellPoint Digital and implementing Payment Orchestration pre-launch allows the airline to jump-start and future-proof its payment processes – a critical advantage for a nascent airline entering a crowded and competitive market.
“We believe a highly optimised, cost-effective payment strategy is essential to the success of our brand launch,” said Roy Kinnear, CCO of KM Malta Airlines. “That’s why we sought out the experts in commercial aviation payments to provide a comprehensive payment platform designed to meet the needs of our passengers. There’s no one we trusted more to handle our payments from the outset than CellPoint Digital.”
The Advantage of Day-One Payment Orchestration
Payment Orchestration is a concept that describes the end-to-end management of all components of a payment, from authorisation to routing to settlement to reporting, allowing airlines to boost conversions in direct and indirect sales channels at lower transaction costs. CellPoint Digital’s Payment Orchestration Platform, which KMMA will implement, routes transactions intelligently to increase acceptance, simplifies and centralises back-end reconciliation, integrates various payment methods like Apple Pay, and easily accommodates multiple PSPs and acquirers, including KMMA’s preferred acquiring partner, Shift4.
For more information about the CellPoint Digital partnership with KM Malta Airlines or to speak with company executives, please get in touch with Steven Osei at [email protected].
About CellPoint Digital
CellPoint Digital is a fintech leader in payment orchestration and optimisation. CellPoint Digital’s main solution is a powerful Payment Orchestration Platform that optimises digital payment transactions from cards or alternative payment methods and accelerates the deployment of new payment options. Merchants can easily scale their own payment ecosystem across the world, unify the customer payment experience across their website, mobile apps and other channels, optimise the routing of each transaction, increase conversion rates and minimise payment costs. CellPoint Digital has offices in Copenhagen, Dallas, Dubai, London, Miami, Pune and Singapore. Visit www.cellpointdigital.com to learn more.
About KM Malta Airlines
KM Malta Airlines is the national airline of the Maltese Islands, operating a modern fleet of aircraft to various destinations in Europe and beyond.
The KM Malta Airlines Summer 2024 schedule will operate from 31st March 2024 through until 26th October 2024, with the airline serving 17 airports across 15 key European cities, namely, Amsterdam, Berlin, Brussels, Catania, Dusseldorf, London Gatwick, London Heathrow, Lyon, Madrid, Milan, Munich, Paris Charles de Gaulle, Paris Orly, Prague, Rome, Vienna and Zurich.
Visit https://www.kmmaltairlines.com/en to learn more.
Fintech PR
Thomson Reuters SYNERGY Conference Debuts in Dubai Bringing Customer-Driven Innovation to Legal, Tax and Finance Professionals
Innovation updates demonstrating Thomson Reuters multi-million-dollar investment in the MENA region include:
- The launch of the new and improved Westlaw Middle East, featuring intuitive search and collaboration tools using the best-in-class global research technology for Middle East legal professionals.
- New enhancements to deepen our know-how content offering in Practical Law Middle East
- Continuous development of tax offerings to support customers navigating the changing regulatory environment including the rise of e-invoicing mandates
- Demonstration of our professional-grade GenAI assistant, CoCounsel, powered by a combination of cutting edge LLMs, our content, and software solutions.
DUBAI, UAE, Sept. 19, 2024 /PRNewswire/ — Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today brings its premiere SYNERGY conference to the Middle East and North Africa for leaders in the legal, tax and finance professions. In an increasingly complex regulatory environment, Thomson Reuters is delivering a customer-driven innovation roadmap to empower professionals with the knowledge and technology to solve business challenges.
Ibrahim Abdel Rehim, Regional Head, Middle East & North Africa, Thomson Reuters said: “By bringing our global flagship conference to Dubai for the first time in 2024, Thomson Reuters is showcasing its continued commitment to investing in the region. Our aim is to provide the knowledge, connections and technology to help professionals understand today and navigate tomorrow with confidence.”
Announcements at SYNERGY MENA 2024 include:
- The launch of our new Westlaw Middle East: The new and improved legal research application demonstrates major advances in legal search and collaboration tools, enabling Westlaw Middle East customers to complete legal research quicker and more effectively than before. Lawyers in the Middle East will be able to access both Arabic and translated English legislation and case law, supporting them to stay ahead of the complex legal landscape.
Sonya Syan, Head of Knowledge Management, Al Tamimi & Company, said: “As a longstanding client of Westlaw Middle East, we are delighted to see significant enhancements being made to the platform. The new interface is clean and much more user-friendly, catering to the needs of bilingual lawyers while greatly improving research efficiency and accuracy. These upgrades are timely as the region has seen accelerated growth in recent years, driving an increased demand for faster, more informed legal insights.” - Practical Law unveils expansion plans to deepen legal know-how content offering in Middle East: For the first time, lawyers will have access to growing repositories of locally maintained content designed to help them keep pace with regional legal developments, compare jurisdictions across the GCC, and gain an overview of the legal system in minutes.
- Continuous investment in tax offerings: As the region looks to diversify revenue sources and standardize the tax systems, we’ve seen e-invoicing mandates already confirmed across five countries in the region with four more likely to follow. Thomson Reuters is dedicated to ensuring tax professionals stay compliant while navigating changing regulations through our continuous investment in ONESOURCE and our recent acquisition of Pagero, a global leader in e-invoicing and indirect tax solutions.
- Deep dive into CoCounsel, the professional-grade GenAI assistant: Immersing attendees into the AI technology strategy and demonstrating our commitment to and progress toward transforming the way legal professionals work.
His Excellency Professor Dr. Ebrahim Alhajri, President, Khalifa University, said: “We are committed to staying in the forefront of innovation and providing our students, faculty, and researchers with the best tools to succeed in a rapidly evolving world. Partnering with Thomson Reuters to implement CoCounsel is a significant step in our journey to integrate advanced AI solutions into our academic and operational framework. We are delighted to see the transformative impact this will have on our community.”
Other key topics from the day include:
- The UAE’s Shift to a Digital First Nation: The opening keynote by His Excellency Dr. Saeed Al Dhaheri uncovers how leaders in the UAE propelled the nation to the forefront of digital innovation, with a look ahead to their ambitious roadmap for continued digital success.
- Forces Shaping Professional Work: Panel discussion with industry leaders from Al Futtaim, Gartner and Abu Dhabi University exploring how AI and digital transformation is rapidly reshaping the UAE’s professional landscape, including insights from The Future of Professionals report.
- Navigating Compliance Complexity: Tax, finance and legal experts discuss the latest developments and strategic implications of new regulations on multinationals, including insights from the Ministry of Finance and the UAE Cabinet.
- International expansion of strategic industries: In a panel hosted by Reuters, leaders from Emirates, Masdar and Gradiant delve into the opportunities and challenges posed by macroeconomic trends on international expansion plans in their industries.
Thomson Reuters
Thomson Reuters (TSX/NYSE: TRI) (“TR”) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world-leading provider of trusted journalism and news. For more information, visit tr.com.
Media Contact
Brooke Heywood
Corporate Affairs Manager, Asia and Emerging Markets
[email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/thomson-reuters-synergy-conference-debuts-in-dubai-bringing-customer-driven-innovation-to-legal-tax-and-finance-professionals-302252700.html
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