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Archive for January 16th, 2017

Innovative Pricing and Content Bundling Boost Growth Opportunities for Pay TV, Video on Demand, and IPTV in Africa

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Frost & Sullivan hosts a complimentary webinar

CAPE TOWN, South Africa /PRNewswire/ —

WHEN:

25 January 2017

TIME:

16:00 (14:00 GMT)

LOCATION:

Online, with complimentary registration

PRESENTERS:

Naila Govan-Vassen, Senior Industry Analyst, Digital
Transformation, Frost & Sullivan
Deepti Dhinakaran, Research Analyst, Digital
Transformation, Frost & Sullivan

The pay-television (TV), video on demand (VOD), and internet protocol television (IPTV) services market is growing rapidly as significant internet penetration and smartphone adoption in Africa alter the manner in which consumers view content. Growth will be augmented by the availability of cheaper digital terrestrial television (DTT) services, data-saving video consumption options, and attractively packaged triple-play services. Africa’s large population and demographics make it a highly attractive market for new and existing participants.

“It is critical for market participants to gauge viewership trends, price sensitivity, and technical requirements while offering their services,” said Frost & Sullivan Digital Transformation Research Analyst Deepti Dhinakaran. “Besides offering competitive pricing and the right mix of content, innovation characterized by multi-platform and multi-screen support will be crucial in defining the market leader in the next five years.”

Join our Frost & Sullivan analysts to:

  • Preview a comparison of the African broadcasting market with developed markets
  • Explore the African digital television market landscape in terms of technology, rate of adoption, as well as competitive market positioning of key pay TV providers
  • See a snapshot of the convergence of competition across entertainment and telecommunications markets
  • Discover key growth trends and growth opportunities across pay TV, VOD, IPTV, and triple-play services markets

A live question and answer session will follow the presentation.

Join us by registering here (http://frost.ly/1al) for the briefing!

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.

Contact:
Samantha James
Frost & Sullivan
+27 21 680 3574
samantha.james@frost.com
Twitter: @FrostSullivanSA

Source: Frost & Sullivan
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Written by asiafreshnews

January 16, 2017 at 12:32 pm

Posted in Uncategorized

SWIFT Explores Blockchain as Part of its Global Payments Innovation Initiative

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-Proof of Concept launched to determine if distributed ledger technology could help banks reconcile their nostro databases in real time

HONG KONG /PRNewswire/ — SWIFT announces the launch of a Proof of Concept (PoC) to explore whether distributed ledger technology (DLT) can be used by banks to improve the reconciliation of their nostro databases in real time, optimising their global liquidity.

Under the current correspondent banking model, banks need to monitor the funds in their overseas accounts via debit and credit updates and end-of-day statements. The maintenance and operational work involved represents a significant portion of the cost of making cross-border payments. This PoC will test whether distributed ledgers may be able to help banks reconcile those nostro accounts more efficiently and in real time, lowering costs and operational risk.

As part of SWIFT’s global payments innovation (gpi) initiative, which seeks to deliver a new standard in cross-border payments, the new PoC was scoped in collaboration with leading correspondent banks. SWIFT gpi member banks can apply to participate in this PoC, set to launch in early 2017.

“Whilst existing DLTs are not currently mature enough for cross-border payments1, this technology, bolstered by some additional features from SWIFT, may be interesting for the associated account reconciliation,” says Wim Raymaekers, Head of Banking Market and SWIFT gpi at SWIFT. “This PoC gives us the opportunity to test DLT and determine if it can be applied to this particular use case.”

SWIFT will deploy open-source Hyperledger2 technology, and combine it with key SWIFT assets to bring it in line with the financial industry’s requirements. Using a private blockchain in a closed user group environment, with specific user profiles and strong data controls, user privileges and data access will be strictly governed.

Damien Vanderveken, Head of R&D, SWIFTLabs and User Experience at SWIFT, adds: “SWIFT will leverage its strong governance, PKI security scheme, BIC legal identifier framework and liquidity standards expertise to deliver a distinctive DLT PoC platform for the benefit of its community.”

SWIFT gpi was launched in December 2015 to deliver a new standard in cross-border payments. With more than 90 banks signed up, representing more than 75 percent of SWIFT’s cross-border payments traffic, the initiative has seen tremendous industry support and is set to go live in early 2017.

To learn more, visit swift.com/gpi.

1 See SWIFT’s position paper on DLT, April 2016, available from swift.com
2 SWIFT is a founding and board member of the Hyperledger project

About SWIFT

SWIFT is a global member-owned cooperative and the world’s leading provider of secure financial messaging services. We provide our community with a platform for messaging, standards for communicating and we offer products and services to facilitate access and integration; identification, analysis and financial crime compliance. Our messaging platform, products and services connect more than 11,000 banking and securities organisations, market infrastructures and corporate customers in more than 200 countries and territories, enabling them to communicate securely and exchange standardised financial messages in a reliable way. As their trusted provider, we facilitate global and local financial flows, support trade and commerce all around the world; we relentlessly pursue operational excellence and continually seek ways to lower costs, reduce risks and eliminate operational inefficiencies. Headquartered in Belgium, SWIFT’s international governance and oversight reinforces the neutral, global character of its cooperative structure. SWIFT’s global office network ensures an active presence in all the major financial centres.

For more information, visit www.swift.com or follow us on Twitter: @swiftcommunity and LinkedIn: SWIFT

Contact:

Cognito
swift@cognitomedia.com
+44 (0)20 7426 9400

Logo – http://photos.prnasia.com/prnh/20160127/8521600559Logo

Source: S.W.I.F.T.SCRL
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Written by asiafreshnews

January 16, 2017 at 10:27 am

Posted in Uncategorized