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2016 Member Survey

Acxiom Corp. Trims Workers As It Combines Segments

Acxiom Corp. of Conway said recently that it is cutting 2 percent of its global workforce as it combines two divisions into one business unit.  The cuts amount to about 66 people. Spokeswoman Sherry Hamilton told Arkansas Business in an email that, as of Dec. 31, the publicly traded data services firm (Nasdaq: ACXM) had about 3,300 employees worldwide. Acxiom declined ... Read More »

Apple, IBM Call for more Data Oversight after Facebook Breach

Executives from Apple and IBM have called for more oversight on how personal data is used following the Facebook breach that saw roughly 50 million users’ data misused by consultancy Cambridge Analytica.  Speaking at the three-day China Development Forum in Beijing, Apple chief Tim Cook said “well-crafted” regulation was required, while IBM chief Virginia Rometty said users should have more ... Read More »

SAP to Acquire Gigya, Market Leader in Customer Identity and Access Management

SAP SE (NYSE: SAP) announced it has entered into an agreement to acquire Gigya, a market leader for customer identity and access management. Major independent analyst firms, most recently Forrester Research,* have positioned Gigya as a top vendor in this field. Gigya’s customer identity and access management platform helps companies build digital relationships with their customers. Its platform allows companies to manage customers’ profile, preference, opt-in ... Read More »

Banks Signal the Death of Traditional Trade Finance

Banks around the world are sounding the death knell for traditional trade finance instruments, with the vast majority expecting a sharp decline in their usage over the coming year.  The main problem is compliance and regulations plus the general de-risking of banks (less lending), cutting ties with correspondence banks etc. The annual Rethinking Trade Finance report from the International Chamber of Commerce ... Read More »

BIIA Member Survey Summary Report

During the months of June and July BIIA surveyed the membership to understand what member benefits are used and how are they valued.  To obtain feedback on BIIA activity, communications and what more do members want?  We had a good response level:  21 Full members and 16 Associate members. Here is the feedback and analysis: BIIA is clearly regarded as ... Read More »