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ING Bank Poland Receives IFM 2015 Awards

London-based International Finance Magazine has conferred the 2015 awards for 'Most Innovative Bank' and 'Best Customer Service Bank' in Poland to ING Bank Poland at a gala ceremony in the Landmark Hotel in London on November 27.

The awards in various categories were presented by Peter Meyer, CEO, the Middle East Association (MEA); Dr. Cigdem Kogar, Chief Representative of Central Bank of Turkey in London; Kofi Addo, Head of Trade and Investment, Ghana High Commission; and Thomas Mbun, Head of Treasury and Finance, Ghana High Commission.

Monday, January 25, 2016 - 09:46
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Formpipe's Cloud Service Selected by Three Swedish Municipalities

Three Swedish municipalities announces, through a contract award decision, that they intend to sign an agreement with Formpipe regarding the e-archiving product Long-Term Archive. The order value is estimated to SEK 20 million over an eight-year period.

Monday, January 25, 2016 - 09:12
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Earthport Announces Appointment of N+1 Singer and Shore Capital as Joint Brokers

Earthport (AIM: EPO.L), the leading payment network for cross-border payments, is pleased to announce the appointment of N+1 Singer and Shore Capital as Joint Brokers to the Company with immediate effect. Panmure Gordon remains as Nominated Adviser and Joint Broker to the Company

Monday, January 25, 2016 - 09:03
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Earthport's Trading Update

Earthport (AIM: EPO.L), the leading payment network for cross-border payments, is pleased to provide an unaudited trading update for the six month period ended 31 December 2015 (“H1 FY16”).

  • Financial and Transactional Highlights
  • Revenues expected to be in excess of £10.5 million
    • An increase of 18% compared to H1 FY15
  • Revenue growth would be higher without the impact of restructuring certain business lines as detailed below.

o    Transactional revenues comprised more than 85% of total revenue

Monday, January 25, 2016 - 08:59
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Surecomp’s DOKA 5 Trade Finance System Implemented by Isbank Germany

Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that Isbank AG, the European arm of Turkey’s leading bank Türkiye Is Bankasi A.S., has commenced production with DOKA 5, Surecomp’s configurable back-office solution for documentary trade finance.

Monday, January 25, 2016 - 08:44
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Xura Partners with SMS PASSCODE to Enhance Multi-Factor Authentication

Xura, a leading provider of digital communications services for enterprises, announced its strategic partnership with SMS PASSCODE, a technology leader in adaptive multi-factor authentication. Xura complements SMS PASSCODE’s authentication suite by providing reliable and secure messaging connectivity world-wide, through carrier-grade communications.

Monday, January 25, 2016 - 07:18
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HSBC to Invest $10.5 million in StartUp Firm CustomerMatrix

HSBC announces $10.5 million investment in New York-headquartered cognitive computing startup CustomerMatrix.

CustomerMatrix is promising to transform customer relationship management through a platform that "connects the dots" between organisations and their clients.

The platform’s proprietary scoring system is designed to help firms capture hidden revenue opportunities in real-time, by recommending specific actions for customer-facing employees and placing these recommendations in their existing workflows, ranked by impact value.

Monday, January 25, 2016 - 07:06
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JCBI Announces Release of the First Virtual Card with CITIC in China

JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd. has today announced that China CITIC Bank (CITIC), a leading commercial bank in China, started to issue the first JCB virtual cards for online shopping users[1]. 

Monday, January 25, 2016 - 06:44
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Creating a component based bank (getting rid of the spaghetti)

One question that crops up regularly is how do we open source the bank, Chris?  The reason is that the bank has built itself over decades through thousands of programmes across hundreds of servers into this massively complex technological spaghetti that cannot be unravelled.  That spaghetti has to be serviced by thousands of programmers and developers because it’s all mission critical.  Then there are layers of suppliers on top of the internal spaghetti who have also built their legacies upon the bank’s legacies.  These suppliers are on versions 7, 8, 9 or 10 of their core platforms, and th

Friday, January 22, 2016 - 12:20
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BMO Financial Group Announces an Upgrade of ATM Systems in Canada

BMO Financial Group has announced an upgrade program of 2,200 full-service ATMs across Canada.

Beginning with a national launch in January, and continuing over the coming months, the upgraded ATMs will provide customers with:

Intelligent touch screens;
The ability to make multi-deposit transactions;
Envelope-free deposits;
An instant on-screen view of scanned cheques and cash (bank notes) and print copy on transaction receipts; and
The ability to set preferences including language and fast cash withdrawal amount.

Friday, January 22, 2016 - 12:01
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