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DueDil assigns Alan Millard as chairman

Today DueDil, the company information platform, reported the appointment of Alan Millard as Chairman of the company’s board, with immediate effect. 

Friday, March 24, 2017 - 05:36
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Financial IT
CFPB fines Experian $3 million for decieving consumers in marketing credit scores

Today the Consumer Financial Protection Bureau (CFPB) took action against Experian and its subsidiaries for deceiving consumers about the use of credit scores it sold to consumers. Experian claimed the credit scores it marketed and provided to consumers were used by lenders to make credit decisions. In fact, lenders did not use Experian’s scores to make those decisions. The CFPB ordered Experian to truthfully represent how its credit scores are used. Experian must also pay a civil penalty of $3 million. 

Friday, March 24, 2017 - 05:19
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/news/infrastructure/cfpb-fines-experian-3-million-decieving-consumers-marketing-credit-scores
Financial IT
Get Closure

New e-signature technology is helping dealerships close motor finance sales in minutes, gaining a competitive edge by enabling customers to drive away on the same day.

Thursday, March 23, 2017 - 15:17
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Financial IT
Misys to host BIAN Open Day in London
Misys, logo

Misys is pleased to be hosting the Banking Industry Architecture Network (BIAN) Open Day on 28th March 2017 in London. The free event, open for everybody in the industry, will focus on strategic change in Europe, bringing together challenger and established banks to explore this critical topic, amidst the impending arrival of PSD2.

Thursday, March 23, 2017 - 13:50
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/news/banking/misys-host-bian-open-day-london
Gemalto Wins 2017 Cybersecurity Excellence Award for Best Encryption Product
Gemalto

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that th​ey have been named a winner of the 2017 Cybersecurity Excellence Awards. Gemalto's SafeNet KeySecure was voted "best encryption product" by over 300,000 members of the global information security community. 

Thursday, March 23, 2017 - 13:33
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/news/security/gemalto-wins-2017-cybersecurity-excellence-award-best-encryption-product
Ullink Introduces MiFID II Trade Reporting Solution
Ullink, logo

Multi-asset solution will enable firms to comply with post-trade transparency rules set to come into force in 2018

Ullink, a global provider of electronic trading and connectivity solutions to the financial community, has launched its MiFID II compliant trade reporting solution to help its clients meet regulatory requirements for greater accuracy in reporting and timeliness of data collection.

Thursday, March 23, 2017 - 13:25
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/news/data/ullink-introduces-mifid-ii-trade-reporting-solution
SEC Shortens Settlement Cycle for Securities Transactions
The Securities and Exchange Commission. logo

The Securities and Exchange Commission today adopted an amendment to shorten by one business day the standard settlement cycle for most broker-dealer securities transactions.

Currently, the standard settlement cycle for these transactions is three business days, known as T+3. The amended rule shortens the settlement cycle to two business days, T+2. 

The amended rule is designed to enhance efficiency, reduce risk, and ensure a coordinated and expeditious transition by market participants to a shortened standard settlement cycle. 

Thursday, March 23, 2017 - 13:20
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/news/security/sec-shortens-settlement-cycle-securities-transactions
SAP Ariba Partners Everledger to Get the Best of Blockchain
SAP Ariba, logo

Blockchain is among the most disruptive technologies of the day. From banking and insurance to agriculture, energy, healthcare, and media, it is shaking-up entire industries and is about to transform global supply chains, thanks to SAP Ariba.

The company today unveiled plans to leverage blockchain across its cloud-based applications and business network to upend the way goods and services are traded.

Thursday, March 23, 2017 - 13:09
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/news/blockchain/sap-ariba-partners-everledger-get-best-blockchain
Trumid Strengthens Its Team and Technology Offering by Acquiring Electronifie
Trumid, logo

Trumid, a financial technology company that improves trading efficiency and market intelligence in the corporate bond market, today announced that it has reached a definitive agreement to acquire fellow all-to-all trading platform, Electronifie.

The acquisition will increase the size and diversity of the Trumid user network and strengthen Trumid’s team and technology offering. Following a regulatory approval process, Trumid expects the transaction to close early in the second quarter of 2017.

Thursday, March 23, 2017 - 13:00
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/news/ma-deals/trumid-strengthens-its-team-and-technology-offering-acquiring-electronifie
İşbank Introduces Digital Mortgage Experience for Their Clients
İşbank, logo

Having developed many products and services that served as milestones for the Turkish banking sector throughout its long history, İşbank continues its innovations in line with digital vision defined as being a lifetime partner to customers, designing an end to end digital banking experience and creating additional value for each and every single customer’s lives.

Thursday, March 23, 2017 - 12:41
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/news/banking/isbank-introduces-digital-mortgage-experience-their-clients

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