World Bank Invests USD 668 Million in Private Banking and Retail Investors
- 9 years 10 months ago
- Investment
The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA) has raised USD 667.816 million through its Notes due May 31, 2026. The Notes offer investors a fixed rate coupon for the first year and floating rate coupons thereafter. The trade launched in early May and priced on May 25, 2016.
MC Aviation Partners Benefits from NetSuite OneWorld to Drive Business Growth
- 9 years 10 months ago
- Cloud, Accounting, Infrastructure
NetSuite Co., Ltd., the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that MC Aviation Partners Inc. ("MCAP"), the aircraft leasing and trading arm of Mitsubishi Corporation, has implemented NetSuite OneWorld to support its business growth. The company is now using NetSuite OneWorld to manage financials, accounting, reporting, multi-language capabilities for English and...
Alibaba Group Reveals Terms of Share Purchase from SoftBank Group
- 9 years 10 months ago
- M&A Deals
Alibaba Group Holding Limited (NYSE: BABA) today announced the terms of its previously announced purchase of Alibaba Group ordinary shares from SoftBank Group. Alibaba Group has agreed to purchase 27,027,027 Alibaba ordinary shares from SoftBank Group at US$74.00 per share for an aggregate of US$2 billion. Members of the Alibaba Partnership, acting collectively, have also agreed to purchase 5,405,405 Alibaba ordinary shares from SoftBank Group...
BMV Group Taps Catalys by Itiviti for their Transactional Needs
- 9 years 10 months ago
- Trading Systems, Derivatives and OTC Derivatives, Transaction Banking
Itiviti, a world-leading technology provider for the capital markets industry, today announced that Bolsa Mexicana de Valores (BMV Group), Mexico’s premier exchange for equities and derivatives, has chosen the next generation FIX Engine, Catalys by Itiviti, to support their transactional needs.
Oman Arab Bank Selects SmartVista Suite to Enhance its Card Business
- 9 years 10 months ago
- Banking, Infrastructure
BPC Banking Technologies, a world leading provider of payment solutions, announces that Oman Arab Bank (OAB) has selected SmartVista suite to enhance its payment business. SmartVista is to replace the existing legacy ACI Open2 platform to enable the bank to meet its objective of having a modern and flexible platform to continue to adapt to the changing retail banking market.
Mesirow Financial Goes Live on Clarient Entity Hub
- 9 years 10 months ago
- Management
Clarient reports that Mesirow Financial, an independent diversified financial services firm, has gone live on Clarient Entity Hub, a utility-based service designed to simplify client data and document management.
Novantas Reports Acquisition of Treasury Strategies
- 9 years 10 months ago
- M&A Deals
Novantas, Inc. announced today that it has acquired Chicago-based Treasury Strategies, Inc., a leading consultancy in bank and corporate treasury functions. The transaction expands the Novantas portfolio and strengthens its position as the leading revenue management company serving the financial community.
Wealthsimple Releases Platform for Advisors, Expands Reach of Investment Services
- 9 years 10 months ago
- Investment Management
Wealthsimple, Canada’s leading online investment service, announced today that they have a launched an automated platform for financial advisors to manage their clients' investment portfolios.
Friess Associates Benefits from Linedata’s Investment Management Range of Solutions
- 9 years 10 months ago
- Investment Management
Linedata, the global solutions provider dedicated to the investment management and credit industries, today announced that Friess Associates, a growth oriented fund management group, with over $1 billion of assets under management, has selected its comprehensive range of investment management solutions.
Android Pay Available for MBNA Customers
- 9 years 10 months ago
- Payments
Credit card experts MBNA have announced that Android Pay™, by Google™, is now available to their customers as the app goes live in the UK today. Android Pay will enable Android™ mobile users to seamlessly tap and pay with their phones at almost 460,000 contactless payment points in the UK, with more locations being added every day. It can also be used to make purchases in supported Android apps.
Rondout Savings Bank Chooses CSI NuPoint® Core Solution
- 9 years 10 months ago
- Banking
In order to further support both its clients’ banking needs and the bank’s existing business goals, Kingston, New York-based Rondout Savings Bank has partnered with Computer Services, Inc., a provider of end-to-end financial technology solutions, as its new core technology provider. Rondout Savings selected the CSI NuPoint® core solution, which enables the bank to broaden its technology offerings to not only achieve its own strategic objectives...
Wealthify Analyses Britons' Saving Habits
- 9 years 10 months ago
- Wealth Management
57% of Britons are overestimating the financial return on their investments despite the fact that the majority of savers are still relying on low-interest savings accounts and ISAs, according to data from Wealthify, the online investment service. Wealthify says that even though two thirds of Britons are now saving, the amounts saved are low, and many Britons are expecting to get by on a tight budget or struggling to afford bare essentials in...
Interac Debit Cardholders Can Now Use Apple Pay
- 9 years 10 months ago
- Payments
Interac Association/Acxsys Corporation (“Interac”), Canada’s domestic debit network, is pleased to announce the participation of additional financial institutions offering Apple Pay to Interac debit cardholders. Interac debit cardholders from BMO Financial Group, Scotiabank and TD can now use Apple Pay on supported Apple devices to make easy, secure and private contactless debit transactions when shopping at hundreds of thousands of merchants...
China's Fujian Rural Credit Taps IBM as its New Storage Infrastructure
- 9 years 10 months ago
- Cloud, Storage
China's Fujian Rural Credit (FJRC) has selected IBM (NYSE: IBM) for its new storage infrastructure to help to speed up deployment and raise efficiency of Internet- and cloud-based new financial applications, such as mobile banking, for the province's increasingly prosperous agricultural population.
OT and PCARD Collaborate to Provide Secure Payment Solutions for the Kingdom of Saudi Arabia
- 9 years 10 months ago
- Payments, Security
OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announced a key partnership with PCARD, the Saudi leader in smart card personalization services, to provide high quality secure payment solutions for the Kingdom of Saudi Arabia. This Partnership will allow Banks of Saudi Arabia to provide innovative cutting-edge payment technology that will enhance and secure their customers’...
