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Company Insights
NewPrudential – Digital Transformation Strategies
Prudential Digital Transformation Strategies Overview Prudential has been focusing on using cloud, big data, mobile payments, and artificial intelligence to digitally transform its operations. The annual ICT spending of Prudential was estimated at $145.4 million for 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Prudential is a financial services group that offers long-term savings and protection products. Through its subsidiaries, the group provides retirement benefits and insurance coverage for various...
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Sector Analysis
Banking & Payments: Patents Trends Q4 2023
GlobalData, the industry analysis specialist, has released its latest sector patent insights databook "Banking & Payments: Patents Trends Q4 2023". The databook highlights the patenting activity of the sector in terms of growth in filings and grants and geographical focus. It provides a contextual analysis of major IP players and their strategy (share in total patent filings) in the sector. The databook will be delivered within 2-3 business days of the purchase, excluding weekends and holidays. Certain sections of the...
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Company Insights
YooMoney – Competitor Profile
YooMoney (formerly Yandex.Money) is one of the most popular alternative payment solutions in Russia. It was launched as Yandex.Money in July 2002 as a joint venture between Yandex and PayCash Group, before Yandex later became the sole owner. However, Yandex sold a 75% stake in Yandex.Money to Sberbank in July 2013. In July 2020, Sberbank acquired the remaining 25% stake in Yandex.Money to become the sole owner of the company. Following the acquisition, Yandex.Money was rebranded as YooMoney. YooMoney allows...
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