Last week marked ten years since the financial crisis hit. On August 9 2007, BNP Paribas froze three of its American funds, the first in a chain of events which would lead to the biggest recession since the Great Depression. These funds were tied to American subprime mortgages and the freeze was the first public acknowledgment that even the experts — even banks themselves — could not figure out what these funds were built upon.

According to the 2017 Debit Issuer Study, commissioned by PULSE, one of the nation’s leading debit/ATM networks, U.S. financial institutions substantially increased issuance of chip debit cards in 2016 and experienced reduced fraud losses. 

SWIFT announces that it will provide U.S. institutions with a gateway to The Clearing House’s real-time payments (RTP) platform. 

Emirates NBD, a leading bank in the region, today announced the launch of ‘Advance Account’, which will enable employees of the bank’s payroll customers who are new to the UAE to receive their account number on the first day of employment.

CloudMargin, the multi-award winning creator of the world’s first web-based collateral and margin management solution, today announced the release of a comprehensive interactive “FlightPlan” microsite designed to help financial institutions globally navigate the uncleared margin rules and other regulations impacting their collateral management function. 

Zoot, a global provider of advanced instant credit decisioning, risk management, loan origination and workflow management solutions, announced today a partnership with Credit Kudos, a technology start-up that uses consumer transaction data to build highly accurate and transparent credit scorecards and affordability metrics. 

The Global Commercial Cards business is a core business for Citi and a key differentiator from other institutions. In this role, she will report to Naveed Sultan, Global Head of Citi’s Treasury and Trade Solutions and will continue to be based in New York.

Fiserv, Inc., a leading global provider of financial services technology solutions, today announced that SEFCU, headquartered in Albany, New York, has selected Fiserv as a technology partner to help drive the credit union’s member-centric growth strategy and deliver greater efficiencies throughout the organization.

Alert Logic, the leading provider of Security-as-a-Service solutions for the