Ohpen Appoints Matthijs Aler as CEO
- 6 years 11 months ago
- People Moves
After being ten years at the helm of core banking provider Ohpen, founder Chris Zadeh (43) transfers the CEO position to Matthijs Aler (42) per January 1st 2019. Zadeh started Ohpen out of dissatisfaction with the existing legacy core banking software that never worked. In 2008, he left BinckBank to develop a completely new, cloud-native, core banking platform. "A platform that would always work, guaranteed- and would leave the competition far...
Market Synergy Goes Live with Institutional Calibre Cryptocurrency Connectivity to Bitfinex
- 6 years 11 months ago
- Trading Systems, Cryptocurrencies
Brokers and hedge funds wanting to offer digital assets to their client base can now partner with Market Synergy for institutional standard cryptocurrency connectivity and security and take a FIX feed or ISP link to Bitfinex’s digital asset gateway.
Bendigo and Adelaide Bank Goes Live with Wolters Kluwer’s OneSumX for Regulatory Reporting
- 6 years 11 months ago
- Banking
Bendigo and Adelaide Bank has completed its implementation of Phase 1 of Modernized Economic and Financial Statistical Reporting (EFS) using Wolters Kluwer’s OneSumX for Regulatory Reporting. EFS is an ambitious regulatory change program, managed by the Australian Prudential Regulation Authority (APRA).
Fujitsu shares its top three predictions for financial services in 2019
- 6 years 11 months ago
- Infrastructure
When it comes to the financial services sector, businesses are going through a high-tension period marked by the need to contend with rapidly evolving cybersecurity threats, keeping pace with technology and choosing where to spend their money. The changing nature of work also means that financial services leaders are beginning to get more strategic about automation.
Equiniti to support Ofcom clearance of 700 MHz radio spectrum
- 6 years 11 months ago
- Payments
The Ofcom Claims Management System will allow real-time claim processing, communication and payments throughout the project. Equiniti Limited, the multinational technology and payments specialist, is delighted to announce that it has been selected by Ofcom, the UK’s communications regulator, to run the Programme Making and Special Events (PMSE) grant funding scheme.
PaySend revolutionising international money transfer with the launch of PaySendLink
- 6 years 11 months ago
- Payments, Money Transfers
Global payments disrupter Paysend, which has the only global card to card money transfer network, has launched another innovative service called PaySendLink. The new service means that consumers will need just the recipient’s mobile phone number to send money to somebody overseas.
RHB Banking Group Chooses Kamakura for NSFR
- 6 years 11 months ago
- Banking
Kamakura Corporation is pleased to announce that RHB Banking Group, (http://www.rhbgroup.com/), the fourth largest fully-in
Mastercard Names Donald Chesnut as Chief Experience Officer
- 6 years 11 months ago
- People Moves
Mastercard today announced that Donald Chesnut will join the company as its first chief experience officer, effective January 14, 2019. In this newly created role, he will lead a team that supports the organization’s delivery of the best consumer payment experience, while providing merchants, issuers and other partners a more holistic way to work with Mastercard’s products and services.
Nets completes acquisition of Polish online payment service providers Dotpay/eCard
- 6 years 11 months ago
- Payments
Nets, a market leader in the payments industry, has today announced the completion of the acquisition of leading Polish online payment service providers Dotpay/eCard. Andrzej Budzik will continue as CEO of Dotpay/eCard and the brands of Dotpay and eCard will remain.
Fat Cat Friday 2019
- 6 years 11 months ago
- Payments
• Top bosses earn 133 times more than the average worker • Latest CIPD/High Pay Centre analysis finds that the average FTSE 100 CEO is paid £1,020 per hour and £3.926 million a year, an increase of 11% on the previous year • Excessive pay and the business culture of ‘Superstar’ CEOs is increasingly being recognised as a failure of corporate governance, affecting employee engagement and trust in business leadership
Securities Finance Industry Generated $9.96 Billion in Revenue in 2018
- 6 years 11 months ago
- Infrastructure
The global securities finance industry generated just under $9.96 billion in revenue for lenders in 2018, according to market data provider DataLend. It was a record year in terms of revenue generated for investors that lend out securities from their portfolios, referred to as beneficial owners, since DataLend began tracking the market in 2013. Beneficial owners include asset managers, insurance companies, pension funds and other institutional...
CONSUMER FINANCIAL PROTECTION BUREAU SETTLES WITH USAA FEDERAL SAVINGS BANK
- 6 years 11 months ago
- Banking, Infrastructure
The Consumer Financial Protection Bureau (Bureau) today announced a settlement with USAA Federal Savings Bank, a federally chartered savings association headquartered in San Antonio, Texas.
HCL recognized as a Leader in ISG Provider Lens™ Research Quadrant for FAO Digital Operations, U.S. Market, 2018
- 6 years 11 months ago
- Infrastructure
HCL Technologies (HCL), a leading global technology company, has been recognized as a Leader by ISG in its recently published report, “ISG Provider Lens™ Research Quadrant for Finance & Accounting Outsourcing Digital Operations, U.S. Market, 2018.” According to the report, HCL has a strong presence in the U.S market and is using it to expand its footprint in finance BPO. HCL has invested heavily in advanced automation and analytics, which...
One in ten UK companies could be a ‘zombie business’ – R3
- 6 years 11 months ago
- Infrastructure
Over one in ten (11%) UK companies is just paying the interest on its debts, rather than repaying the debt itself, according to new research from insolvency and restructuring trade body R3. Only being able to pay the interest, not the original debt itself, is one potential sign of a so-called ‘zombie business’ – a company which is only surviving thanks to low interest rates but which otherwise might not be viable.
Assetz Capital rewards investors with new cashback offer
- 6 years 11 months ago
- P2P Lending
Leading peer-to-peer business lender, Assetz Capital, has launched a new cashback offer which rewards new investors with up to £350 in cashback. To trigger the cashback, users need to register and invest by 31st January. Those that invest between £5,000 and £10,000 will earn £100 cashback, with those investing over £10,000 or £20,000 earning £150 or £250 respectively.
