The European Central Bank (ECB) has reduced the bank-specific capital requirements (Pillar 2 Requirement) for Commerzbank by 0.25 percentage points to 2.0% after the 2018 Supervisory Review and Evaluation Process (SREP). This reflects the major progress the Bank made in the improvement of its risk profile, including the reduction of its credit risks.
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Commerzbank: ECB reduces capital requirements (SREP)
Monday, February 18, 2019 - 07:03
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Financial IT
TIBCO Receives Highest Score in Five Use Cases in Gartner’s Critical Capabilities for Master Data Management Solutions Report
TIBCO Software Inc., a global leader in integration, API management, and analytics, announced today that it ranked number one in five of six use cases in the Gartner 2019 Critical Capabilities for Master Data Management Solutions report. These use cases include B2B Customer Data, Buy-Side Product Data, Sell-Side Product Data, Multidomain master data management, and Multivector master data management.
Monday, February 18, 2019 - 06:57
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Financial IT
Axia Suite 2.1 released with new functional features
Profile Software, an international financial solutions provider, announced today the launch of its recently enhanced Axia Suite release 2.1 that delivers advanced investment management, compliance and reporting capabilities.
Friday, February 15, 2019 - 13:27
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Financial IT
Maintaining Trust While Navigating through a Multi-Cloud World
Financial services companies are extending data centres with private and public clouds to keep up with demand, but does a multi-cloud environment introduce too much complexity and risk?
Friday, February 15, 2019 - 13:20
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Financial IT
Oracle Blockchain Helps Czech Financial Firm, SDK.finance, Transform Payment Industry
SDK.finance is using Oracle Blockchain Platform to help the company transform the rapidly evolving payments industry.
Friday, February 15, 2019 - 10:58
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/news/blockchain/oracle-blockchain-helps-czech-financial-firm-sdkfinance-transform-payment-industry
Financial IT
Payments disruptor Paysend introduces money transfers to bank accounts in 34 European countries
More than 500,000 customers across Europe and beyond are able to transfer money to bank accounts in 34 European countries, thanks to a new service launched by payments disruptor Paysend.
The new product, which has been added to the firms existing card-to-card Global Transfers, will make cross-border payments in euros as easy as national payments and will result in improved convenience and processing times for European consumers.
Friday, February 15, 2019 - 10:18
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/news/payments/payments-disruptor-paysend-introduces-money-transfers-bank-accounts-34-european
Financial IT
CaixaBank introduces the world's first facial recognition to withdraw cash at ATMs
Friday, February 15, 2019 - 06:55
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/news/banking/caixabank-introduces-worlds-first-facial-recognition-withdraw-cash-atms
Financial IT
Ant Financial Inks Acquisition Deal Worth $700 million
Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has agreed to buy UK payments group WorldFirst in a deal worth around $700 million, and after WorldFirst was forced into a rapid fire sale of its US assets.
Friday, February 15, 2019 - 06:37
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/news/payments/ant-financial-inks-acquisition-deal-worth-700-million
Financial IT
MineralTree reveals virtual card support for top 3 networks
MineralTree, the Accounts Payable and Payment Automation solution provider, has expanded its platform integration to include all major card providers—delivering new value to middle-market businesses by optimizing their entire Accounts Payable process.
Friday, February 15, 2019 - 06:29
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Financial IT
Credit card provider NewDay Goes for Limitless Voice of Customer programme
Limitless, the UK-based inventor and provider of a SaaS platform offering AI and crowd sourced customer service solutions, today announces that it has successfully concluded the first phase of a Voice of Customer (VoC) programme with leading credit card provider, NewDay.
Friday, February 15, 2019 - 06:27
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Financial IT
