Deutsche Bank Names Patricia Giangrande as Global Head of Business Control Officer
- 9 years 3 months ago
- People Moves
Deutsche Bank’s Global Transaction Banking unit today announced that Patricia Giangrande has rejoined the Bank as a Managing Director and Global Head of the Business Control Office function for Institutional Cash Management (ICM). Giangrande will be based in New York and report to Susan Skerritt, Chairwoman, President and CEO of Deutsche Bank Trust Company Americas; Global Head of ICM and Head of Global Transaction Banking Americas. Giangrande...
FIS and Payment Alliance International Provide Cardless Cash to US Consumers
- 9 years 3 months ago
- Payments, Infrastructure
FIS Cardless Cash®, the market-leading mobile solution that avoids using a plastic card at the ATM to withdraw funds, will expand across the United States thanks to a new partnership between FIS™ , a global leader in financial services technology, and
TMX Enhances Razor Risk to Meet New Market Risk Standards
- 9 years 3 months ago
- Trading Systems, Risk Management
TMX Insights today announced that Razor Risk™, its risk management solution, meets the new minimum capital requirements for market risk standards finalized by the Basel Committee on Banking Supervision in January 2016. Razor Risk offers financial institutions the ability to calculate and manage market risk capital and performance across desks, business lines and “top of house”.
CreditexchangeTM Receives Investment Boosts from Kuber FinancialTM
- 9 years 3 months ago
- Investment
Creditexchange, India’s first hybrid digital consumer loans platform and institutional marketplace, has announced that it has raised an undisclosed amount of funding from Kuber Financial as part of its $500,000 seed round.
Lloyds Banking Group: Online Lending to Small Businesses Soars in Two Years
- 9 years 3 months ago
- Alternative Finance
The latest figures for Lloyds Banking Group, which includes Lloyds Bank and Bank of Scotland, show that the total amount of online lending to small businesses has doubled in the past two years*, as more businesses are making the move online to manage their banking. The annual value of online lending to small businesses (those with a turnover of less than £1m) is increasing at an even greater rate, with online lending to small business customers...
Wirecard Provides Global Payment Solutions for My.com
- 9 years 3 months ago
- Payments
Aschheim (Munich). The Wirecard Group has started a cooperation with My.com – a company building an integrated communication and entertainment platform that offers a family of games and mobile apps, including MAPS.ME and myMail. As payment service provider, Wirecard enables a consistent payment experience across different countries. My.com, a subsidiary of the Russian Mail.Ru Group, benefits from the opportunity to enable global credit card...
Freedom Finance Closes the Acquition of Sensible Home Finance
- 9 years 3 months ago
- M&A Deals
Freedom Finance, the leading loan platform, has agreed a deal to acquire Sensible Home Finance, the UK mortgage and loan broker. The deal is part of a wider growth strategy to secure Freedom Finance’s place as the pre-eminent loan platform in the UK.
SETL Completes Initial Funding and Announces Board Appointments
- 9 years 3 months ago
- Blockchain, Payments
SETL, the London based institutional payment and settlement infrastructure based on blockchain technology, announced the completion of its first round of private fundraising today.
CalPERS Appoints Marcie Frost As New Chief Executive
- 9 years 3 months ago
- People Moves
The California Public Employees' Retirement System (CalPERS) Board of Administration announced today that it has named Marcie Frost as the Pension Fund's new chief executive officer (CEO). Frost, 51, is a 16-year veteran of the pension industry, having most recently served as the director of the Washington State Department of Retirement Systems (DRS). She will start her new role with CalPERS on October 3, 2016, replacing Anne Stausboll who...
CareCredit and Vision Group Holdings Prolongs their Financing Agreement
- 9 years 3 months ago
- Financial
CareCredit, a leading provider of promotional healthcare financing, today announced the expansion of an existing relationship to a multi-year agreement with Vision Group Holdings, which oversees and manages two of the leading LASIK surgery providers: The LASIK Vision Institute (LVI) and TLC Laser Eye Centers.
Sitecore Collaborates with Microsoft to Improve Sitecore's Microsoft Azure Cloud Offerings
- 9 years 3 months ago
- Cloud, IT Innovations
Sitecore and Microsoft announced that the two companies plan to expand their long-standing strategic alliance to enrich Sitecore's Microsoft Azure cloud offerings over the next two years. Under the expanded partnership, customers will be able to take advantage of the speed and scale of Azure's powerful cloud platform to achieve greater digital transformation at a much faster pace.
Big Banks Can Provide All They Want But the Postal Banking is Still Active
- 9 years 3 months ago
- Banking
Canadian Union of Postal Workers say there are issues on the table, including bringing back postal banking, an idea which has just been rejected by the big bank lobby. "We're not surprised that the big banks, which raked in a $35 billion profit last year by gouging Canadians with some of the highest fees in the world, would oppose a public banking option," said Mike Palecek, president of the Canadian Union of Postal Workers.
Kinaxis Is a Celebrated Member of Great Supply Chain Partners
- 9 years 3 months ago
- Cloud, Supply Chain Operations
Kinaxis, provider of RapidResponse®, delivering cloud-based SCM and S&OP applications, has been named a 'Great Supply Chain Part
Decision Moments Platform Implementation Simplifies and Accelerates Data Analytics for Mindtree
- 9 years 3 months ago
- IT Innovations
Built on Microsoft Azure Services and Self-learning Algorithms, new Offering is Designed for Flexible, Data-driven Decision Making. Mindtree has launched Decision Moments, the first data analytics platform that applies continuous learning algorithms to large data pools, allowing businesses to generate meaningful and compelling insights that improve over time. Various business users, such as sales, marketing and human resources, need to make...
Climate Change: Impact on Financial Institutions
- 9 years 3 months ago
- Banking, Risk Management
Global warming adds significant new risks for the world's banks, insurers and pension funds, warns a study published by the Global Risk Institute. "Given the financial service industry's heavily integrated role in society, it is particularly susceptible to the risks associated with climate change," the study notes. "It must therefore ensure that proper climate change strategies and risk management procedures are in place in order to remain...
