AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that a US bank branch in Belgium has gone live with AxiomSL’s central bank reporting as part of a larger project rollout across Europe.

The Global Systemically Important Bank (G-SIB) will use AxiomSL to consolidate their European region data management, capital calculation and statistical reporting onto a single platform, helping to contain the cost of meeting these regulatory challenges.

Today Malauzai announced the latest release of its mobile and Internet banking SmartApps™ for community financial institutions. Known for combining the latest mobile banking functionality with exceptional design, the apps now allow users to further manage card security measures and personalize their digital banking experience.

Key advancements within Malauzai’s latest release include:

The Western Union Company, a leader in global payments, today announced the appointment of Bill Chandler as Senior Vice President and Chief Communications Officer. Chandler served in a similar role over the past decade at Gap Inc., the global retail and digital consumer business.

Chandler started earlier this month and reports to Elizabeth G. Chambers, the Executive Vice President, Chief Strategy and Product Officer, who is responsible for the company’s strategy, product, marketing and communications.

ACI Worldwide's global payment processing solution, ACI Money Transfer System, was awarded the 2016 SWIFT Certified Application for Payments label for the nineteenth consecutive year.

SWIFT’s financial services industry certification acknowledges that Money Transfer System effectively manages SWIFT messages in order to achieve certification.

IMM, a provider of eTransaction automation for the modern business enterprise, announced today that its eWorkflow technology is now fully integrated with Fiserv’s XP2® credit union account processing system. Credit unions can now use IMM’s eWorkflow technology to extend XP2 functionality and further streamline key multistep processes, promoting accuracy and compliance across the credit union.

CIT Group, a leading provider of commercial lending and leasing services, today announced the appointment of Stuart Alderoty, 57, as Executive Vice President, General Counsel and Corporate Secretary. Mr. Alderoty will join CIT from HSBC North America Holdings, Inc. where he served as General Counsel since November of 2010. Mr. Alderoty will begin at CIT once he completes his garden leave from HSBC. He will serve on CIT’s Executive Management Committee and report directly to Chief Executive Officer Ellen R. Alemany.

The Bank of England’s first polymer note – the New Fiver featuring Sir Winston Churchill – enters circulation today, Tuesday 13 September.

The New Fiver is cleaner, safer and stronger. The introduction of polymer banknotes allows for a new generation of security features which make it even harder to counterfeit. The note is also resistant to dirt and moisture and so remains in better condition for longer. The strength of the polymer material means that The New Fiver is expected to last at least 2.5 times longer – around 5 years.

Nearly five years on since the Bank Of England last introduced a new banknote, the benefit of circulating a new five pound note now is quite questionable, due to a payments revolution currently underway in the UK.

Seeing all these recent announcements, it’s clear that the banking sector is turning toward new technologies to enhance the payment and banking experience of its customers.