Bank of Internet USA, the nationwide brand of BofI Federal Bank, a subsidiary of BofI Holding, Inc. (NASDAQ: BOFI), was named MONEY’s Best Online Bank for 2016-2017. Additionally, MONEY awarded Best Checking Account to Bank of Internet’s Rewards Checking.
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On October 31, 2016, Milberg Factors, Inc. announced the promotion of Daniel R. Milberg from Senior Vice President to President. In this new role, Mr. Milberg will oversee all areas of Milberg Factors, one of the largest factoring and commercial finance companies in the U.S.. His focus will be on managing Milberg’s business development, client loan portfolio and overseeing Milberg’s regional offices in Los Angeles, California and Winston-Salem, North Carolina.
NCR Corporation, a global leader in omni-channel solutions, today announced that State Bank of India (SBI), the country’s largest financial institution, has awarded NCR with the single largest order of ATMs in India. As part of this agreement, which is valued at more than $50 million USD to be executed over the next seven years, NCR will deploy 7,070 SelfServ™ 22e ATM’s, software solutions and provide services support to help SBI further expand its network in the country to reach its financial inclusion goals.
Pitney Bowes, a global technology company that provides innovative products and solutions to power commerce, announced a new alliance with RCG Global Services®, a global provider of data and analytics and business applications. The two companies will combine their strengths in data and technology to offer financial crimes and compliance solutions for financial institutions.
With the heightened focus on regulation, growing cross-border investment and reducing securities trade settlement cycles globally, we welcome the initiative by the Financial Services Agency (FSA) to promote payment-versus-payment (PvP) settlement to mitigate settlement risk. This reaffirms Japan’s commitment to strengthening settlement and operational risk management and will help enhance growth in its domestic currency market.
WEX Inc., a leading provider of corporate payment solutions, and MyFlightSolutions, an innovative leader in aviation software, announce the launch of a new all-in-one virtual payments application called My CopilotTM. The My CopilotTM app offers innovative new technology and maximum flexibility for pilots and aviation industry professionals, such as fixed-base operators (FBOs), international trip-planning companies, fuel distributors and more.
H.I.G. Capital ("H.I.G."), a leading global private equity investment firm with more than $20 billion of equity capital under management, is pleased to announce that its portfolio company, Office Total S.A. (“Office Total”), has acquired Xsol Soluções Tecnológicas (“Xsol”). Office Total is a leading independent provider of Managed Print Services (MPS) in Brazil.
Karl Roe has been appointed VP Services and Cloud Solutions for pan-EMEA high value distributor Nuvias Group.
Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced the successful completion of stress testing its open development payment platform, TranzAxis, on Oracle Exadata Database Machine.
Misys, provider of the broadest portfolio of lending, treasury, trading and risk management solutions available on the market, is helping to transform the global financial services industry by making financial institutions more resilient, more efficient and more competitive. Misys solutions are used by some of the world's leading global financial institutions, including 48 of the world's 50 largest banks.