Major Banks Join SWIFT’s Global Payments Innovation Initiative
- 9 years 5 months ago
- Payments, Banking, IT Innovations
SWIFT announces that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015. The 45 participating firms include major transaction banks from Europe, Asia Pacific, Africa and the Americas. More banks are expected to join this initiative in the coming months.
Fiserv Buys ACI Worldwide's Community Financial Services for $200 million in Cash
- 9 years 5 months ago
- M&A Deals
ACI Worldwide is to exit the community bank and credit union market, selling its Community Financial Services business to Fiserv for $200 million in cash. The transaction includes employees and customer contracts as well as technology assets and intellectual property. Phil Heasley, president and CEO, ACI Worldwide, says the move enables the company to focus resources and energy on the provision of real-time electronic and e-commerce payments for...
Maitland to Act as an AIFM for Fast-growing PERE Sector
- 9 years 5 months ago
- Investment, Infrastructure
Maitland, the global advisory and fund administration firm, is now able to act as an alternative investment fund manager (AIFM) for private equity and real estate (PERE) alternative investment funds. This follows approval for MS Management Services S.A., a Luxembourg-based subsidiary of Maitland, to extend its existing AIFM licence to include PERE funds.
Traiana and Trax Team Up to Offer Repo Matching Service
- 9 years 5 months ago
- Trade Finance
Traiana, a leading provider of pre-trade risk and post-trade processing solutions and Trax, aleading provider of capital market data, trade matching and regulatory reporting services, today announce that they have entered into a business alliance to offer the industry an interoperable Repurchase Agreement (repo) matching service to support efficient, automated, operational processes ahead of significant regulatory change.
ACI Worldwide to Release UP Retail Payments Solution
- 9 years 5 months ago
- Payments, Infrastructure
ACI Worldwide, a leading global provider of electronic payment and banking solutions, today announced the UP Retail Payments solution.
NICE Actimize to Release Notifications & Attestations Solution
- 9 years 5 months ago
- Compliance, Risk Management
NICE Actimize, a NICE Systems business and the largest and broadest provider of financial crime, risk and compliance software for the financial services industry, announces the launch of its new Actimize Notifications & Attestations compliance and policy management solution. The solution allows compliance professionals to monitor regulatory compliance, to gain better oversight of compliance teams, and to enhance the quality and resolution...
R3's Distributed Ledger Unites Major Financial Institutions
- 9 years 5 months ago
- Banking, Cloud, Infrastructure
Financial technology innovation company, R3 CEV, today announced the successful completion of a ground breaking distributed ledger experiment involving eleven of the world’s largest financial institutions.
World First Declares Sign of Media Agreement with The Australian
- 9 years 5 months ago
- Transaction Banking, Payments
World First, the international money transfer expert, has today announced sign of a new partnership with leading national media outlet The Australian as it continues its global expansion strategy.
FolioKarma Launches Investment App for iOS Users
- 9 years 5 months ago
- Investment, Infrastructure
Today, FolioKarma released a new app in Apple's App Store that allows investors to take personal values into account while investing and provides them with transparency into how each ethical decision might impact the performance of their portfolios. Currently, investors do not have a tool that enables them to invest based on their own ethics, and they don't know the performance costs associated with their ethical beliefs. FolioKarma not only...
ITG Announces Appointment of Paul Warhurst as Asia Program Trading (PT) Specialist
- 9 years 5 months ago
- People Moves
ITG, a leading independent execution broker, announced that it is expanding its Asia Pacific program trading team in response to growing client demand for agency-only PT execution. Paul Warhurst joins ITG in Hong Kong and will work alongside PT trading specialist Simone Turtle. He joins from HSBC Securities where he worked as a cash equity and program trader.
PwC Announced Acquisition of Outbox Group
- 9 years 5 months ago
- M&A Deals
PwC has today announced that it has conditionally agreed to acquire a leading European technology consulting business, Outbox Group, bolstering its ability to offer specialised cloud-based solutions and transformational services for clients across the UK and Europe.
Metamako Nominated for Most Disruptive Financial Sector Technology
- 9 years 5 months ago
- Financial
Metamako has been shortlisted in the ‘Most Disruptive Financial Sector Technology’ category at the FStech Awards 2016.
Sabio Selected by LV= to Enhance its Avaya Customer Contact Infrastructure
- 9 years 6 months ago
- Insurance, Infrastructure
LV=, the UK’s most trusted and recommended insurer, has selected contact centre technology specialist Sabio to support its business-critical Avaya contact centre infrastructure.
Saxo Bank Announces Launch of the Fully Digital Investment Solution
- 9 years 6 months ago
- Investment, Banking, Infrastructure
Saxo Bank today announces the launch of the first large-scale, truly digital, investment solution for retail investors built with iShares® ETFs by BlackRock.
Radware Unveils Predictions for Cyber Security in 2016
- 9 years 6 months ago
- Security, Infrastructure
Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced the release of its Global Application and Network Security Report 2015-2016, which highlights that retailers are prime targets as the ‘Internet of Zombies’ takes hold.