Wells Fargo Acquired GE Capital’s Commercial Distribution Finance

• 8 years 5 months ago
• M&A Deals

Wells Fargo has completed the purchase of the Australian and New Zealand segments of GE Capital’s Commercial Distribution Finance (CDF) business. The acquisition includes CDF assets, and 123 team members across 5 sites in Australia, along with CDF assets and 7 team members across 2 sites in New Zealand.

ASX Limited Appoints Dominic Stevens as its Managing Director and CEO

• 8 years 5 months ago
• People Moves

ASX Limited (ASX) announces that today the ASX Board has appointed Mr Dominic Stevens as its Managing Director and CEO (‘CEO’).  He takes up his new role today.  This appointment follows a comprehensive selection process undertaken by the ASX Board with the assistance of a search firm. Mr Stevens joined ASX as an independent non-executive director in December 2013.  He has served on the Audit and Risk Committee, and on a number of ASX’s clearing...

Axactor Completes the Purchase of NPL Portfolio

• 8 years 5 months ago
• M&A Deals

Axactor acquired another unsecured NPL portfolio originally generated by a large Spanish consumer finance institution. The portfolio includes unsecured and secured loans with a total Outstanding Balance (OB) of approximately EURO 565 million, with close to thirty thousand open accounts of individuals and SMEs.

CIMA: Management Controls: The Solution for Banks in Iceland and Denmark

• 8 years 5 months ago
• Banking, Accounting

New research from The Copenhagen Business School and Reykjavik University and sponsored by the Chartered Institute of Management Accounting (CIMA) examines how banks in Iceland and Denmark responded to the 2008 financial crisis. The report, Financial crisis and changes in management controls in Banks, concluded that while Icelandic banks’ reactions were geared towards survival, their Danish counterparts largely focussed on improving their...

Andre M. Boisvert Named the Chairman of the Board of Directors of Sapiens DECISION

• 8 years 5 months ago
• People Moves

 Sapiens International Corporation, a leading global provider of software solutions for the financial services sector, announced today that veteran software industry executive, private investor and technology consultant Andre M. Boisvert was nominated to serve as the chairman of the board of directors of Sapiens DECISION.

Navicure Survey Reveals Need for Data Analytics and Reporting Solutions for RCM Optimization

• 8 years 5 months ago
• Insurance

Navicure, a provider of cloud-based healthcare claims management, patient payment and data analytics solutions, today announced key findings from its most recent national survey highlighting current data analytics usage and additional needs for healthcare organizations. Deployed in May and June 2016 in conjunction with Porter Research, the survey findings revealed that 55 percent of respondents do not have a data analytics solution in place to...

Deloitte Cyber Risk Services Expands Threat Management Services via Partnership with ThreatConnect

• 8 years 5 months ago
• Security, Risk Management

Cognizant Completes Acquisition of Idea Couture

• 8 years 5 months ago
• M&A Deals

- Cognizant  announced it has acquired Idea Couture, a privately-held firm that offers a broad range of digital innovation, strategy, design and technology services. The terms of the transaction were not disclosed.

Ingenico Group to Exhibit at the RSPA RetailNOW 2016 Conference

• 8 years 5 months ago
• Payments

Ingenico Group, the global leader in seamless payment, today announced it will be exhibiting at the 

RiskIQ Unveils Security Intelligence Services to Defend Network from Cyber Attacks

• 8 years 5 months ago
• Security, Infrastructure

RiskIQ, the leader in external threat management, today announced general availability for its Security Intelligence Services, a ground-breaking new product that uses the Internet itself as a detection system to automatically defend a network from cyber attacks. Attackers use automation and can launch sophisticated attacks at very low cost by rotating and reusing undetected infrastructure. RiskIQ has provided defenders with access to Internet...

Kyribia Invites Industry Experts to its Annual North American Client Conference Kyriba Live!

• 8 years 5 months ago
• Treasury

Kyriba Corp., the global leader in cloud treasury solutions, today announced its annual North American client conference, Kyriba Live! Kyriba expects more than 200 clients and partners to attend the conference in Las Vegas, Nevada on September 26 and 27, 2016 to learn about Kyriba’s vision for the future of treasury, learn how to maximize their use of Kyriba’s suite of treasury solutions, network with fellow Kyriba users and subject matter...

Northern Trust Appoints Sarah Boddey as Chief Diversity Officer for EMEA and APAC

• 8 years 5 months ago
• People Moves

Northern Trust announced today that it has hired Sarah Boddey as chief diversity officer for Europe, Middle East, Africa (EMEA) and Asia Pacific (APAC). Based in London, Boddey is responsible for leading Northern Trust’s diversity and inclusion strategy in this region, and will report to Connie Lindsey, head of corporate social responsibility and global diversity and inclusion at Northern Trust.

Redcentric: Most of Insurers Plan to Invest in New Technology

• 8 years 5 months ago
• Investment

 Research has today revealed the insurance industry is ready to invest in improving customer experience. The survey by Redcentric found 82 per cent of insurers plan to invest in new technology to address business challenges over the next two years. More than half of those businesses plan on doing so in the next year, while 45 per cent cited improving the customer experience as the main reason for the investment.

SkyBridge Expands its Global Presence with New Office in London

• 8 years 5 months ago
• Investment Management

SkyBridge Capital (SkyBridge), a global alternative investment firm, today announced it has opened a new office in London which will serve as its headquarters on behalf of its business interests in the UK, Continental Europe and the Middle East. Hesham Alquraini, an industry veteran with more than 20 years of industry experience in financial markets and alternative asset management, has joined the firm as Managing Director in London and will...

AXA, Alibaba and Ant Financial Services Sign Strategic Partnership

• 8 years 5 months ago
• Retail Banking, Infrastructure

AXA, Alibaba and Ant Financial Services have agreed to engage in a global strategic partnership to jointly explore opportunities to distribute AXA’s insurance products and services through Alibaba’s global ecommerce ecosystem, benefitting the businesses and consumers that transact via Alibaba’s marketplaces. The companies will seek to work together to co-innovate and to develop value-added products and services to customers around the world as...