This blog was first published on SAP for Banking, 12th August 2015.
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The Australian Federal Court has ordered Visa to pay $18 million in fines for freezing our rival currency conversion services on terminals that use it cards.
Wynyard Group (NZX:WYN), has won a new contract with The Reserve Bank of New Zealand (RBNZ) to provide Wynyard risk management software. RBNZ is New Zealand's central bank and responsible for operating monetary policy to maintain stable prices and assisting the functioning of the country's financial system.
Steve Gordon, RBNZ Head of Risk & Assurance, said managing the risks faced by the bank are fundamental to its success in providing a stable financial system in New Zealand.
Two in five Americans (39 percent) use a mobile device to manage their bank account at least once per month and nearly half of mobile device owners (45 percent) do so, according to a recent survey by the American Bankers Association.
- Mandatory Electronic Trading of Japanese Yen Interest Rate Swaps Takes Effect
Tokyo, September 1, 2015 — Bloomberg Tradebook Japan Limited (“Tradebook Japan”) today announced the launch of its Electronic Trading Platform (ETP) in Japan, in support of the September 1 mandate for banks and securities firms to use electronic platforms for specified over-the-counter (OTC) derivative transactions.
Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced the signing of Monex Inc., a leading online securities company in Japan, to its corporate actions service. The agreement will enable Monex to provide validated corporate actions data for all of its offered trading stocks.
- Lexmark announces that the company was named a "Leader" in The Forrester Wave™ ECM Business Content Services, Q3 2015. Forrester evaluated vendors based on current offering, strategy and market presence with selection criteria including breadth of functionality, leadership in content management, a proven enterprise track record, and interest from Forrester clients.
- Lexmark is one of only four vendors recognised as a "Leader" in both the 2015 Forrester Wave for ECM Business Content Services and The Forrester Wave™: ECM Transactional Content Services, Q3 2015.
Equiniti, a leading provider of technology led solutions to clients with complex and regulated administration needs, today announces that it has completed the acquisition of TransGlobal Payment Solutions (“TransGlobal”), announced on 14th July. TransGlobal is the technology company that powers the platform for the Group’s foreign exchange payments business, Equiniti International Payments.
Cashfac Technologies, the market leader in Bank-to-Corporate Cash Management solutions, today announced a partnership agreement with NashTech’s IT outsourced development and test operations. NashTech will provide offshore development and test resources for a number of Cashfac’s non-core capabilities from their base in Vietnam. The NashTech resourcing complements Cashfac’s UK based development team and is supporting the expansion of Cashfac’s cash management solutions. NashTech is a division of global IT outsourcing and professional recruitment company Harvey Nash Group.
In today’s crowded and competitive business environment, startups are seeking global opportunities that will rapidly scale their business. To address this need, MasterCard today announced the launch of Start Path Global – a unique six-month partnership programme for startups that extends Start Path’s existing footprint in a greater number of countries globally across Asia Pacific, the Middle East, Africa and Latin America, as well as in Canada .