EBA and ECB intensify cooperation to enhance the security of retail payments
- 10 years 1 month ago
- Retail Banking
The European Banking Authority (EBA) and European Central Bank (ECB) are stepping up their cooperation to increase the security of retail payments.
SWIFT India to reinforce partnership with internal financial community
- 10 years 1 month ago
- Wholesale Banking
SWIFT India Domestic Services ("SWIFT India") has announced that its shareholders and key foreign banks have agreed to enable the SWIFT India channel and use its domestic messaging services for the exchange of structured information across payments, cash management, trade finance, and corporate treasury markets.
Deutsche Borse partners with African Stock Exchange
- 10 years 1 month ago
- Wholesale Banking
African Stock Exchange (AFSX) plans to use the technology and support services of Deutsche Börse's Xetra trading venue. The AFSX is a start-up based in Mauritius with the objective of offering securities trading for the whole of Africa. Xetra trading participants will have easier access to the African financial markets in future through the Deutsche Börse infrastructure.
UNIGESTION selects AIM Software’s GAIN for its front-, middle- and back-office operations
- 10 years 1 month ago
- Wholesale Banking
AIM Software announces that UNIGESTION has selected specific AIM Business Applications to strengthen its front, middle and back office operations across its investment lines. "AIM was the only firm to actually address our needs over the complete lifecycle of financial instruments..."
Lombard Risk reports interim results for the six months ended 30th September 2014.
- 10 years 1 month ago
- Wholesale Banking
Lombard Risk Management plc (LSE:LRM), a leading global provider of collateral management, liquidity and regulatory reporting and compliance solutions for the financial services industry, has announced its interim results for the six months ended 30th September 2014. Highlights · Revenue of £9.3m (2013: £7.3m) up 27.7%, supported by an order book of contracted revenue at £5.1m (2013: £5.4m). · 121 COREP contracts now signed with 62... more
Lombard Risk reports interim results for the six months ended 30th September 2014
- 10 years 1 month ago
- Banking
Lombard Risk Management plc (LSE:LRM), a leading global provider of collateral management, liquidity and regulatory reporting and compliance solutions for the financial services industry, has announced its interim results for the six months ended 30th September 2014. Highlights · Revenue of £9.3m (2013: £7.3m) up 27.7%, supported by an order book of contracted revenue at £5.1m (2013: £5.4m). · 121 COREP contracts now signed with 62... more
The Payments Council announced full-year results for Current Account Switch Service
- 10 years 1 month ago
- Retail Banking
The Payments Council reported its latest dashboard for the new Current Account Switch Service, covering the first full 12-month period from the start of October 2013 to the end of September 2014. More than two-thirds of people (69%) in the UK are now aware of the Current Account Switch Service - up from 60% in October 2013. Customer confidence in the new service is similarly high, increasing slightly from 61% to 62% over the same time period.
Axis Bank goes live with Fundtech’s Remittance solution
- 10 years 1 month ago
- Wholesale Banking
Fundtech, a market leader in global transaction banking solutions, has announced that India’s third largest private bank, Axis Bank, has gone live with Fundtech’s flagship cash management solution, Global CASHplus, for remittances. The solution enables Axis Bank to efficiently process cross border remittances by automating the money transfer process for retail customers.
MeaWallet to deliver tokenization for mobile payments
- 10 years 1 month ago
- Online Banking
MasterCard and Visa has recently released the technical specifications for tokenization. Tokenization is the next generation security for mobile cloud based payments and other secure mobile services.
Earthport to provide international payment services for Desjardins
- 10 years 1 month ago
- Wholesale Banking
Earthport has signed an agreement with Caisse centrale Desjardins to provide international payment services, helping Desjardins’ customers make efficient low-value payments in an expanded number of markets globally. Caisse centrale Desjardins selected Earthport for the efficiency its solution brings to payment operations, its ability to drive increased FX revenue and its adherence to the standards and guidelines of the International Payments... more
Dion rolls out a new NOVA suite module for Hong Kong Stock Connect scheme
- 10 years 1 month ago
- Wholesale Banking
Dion Global Solutions (Dion) (BSE: 526927), technology partner to the financial services industry, has launched a new module within its NOVA suite to support the Shanghai – Hong Kong Stock Connect scheme.
Calastone to provide order routing services for Hermes
- 10 years 1 month ago
- Wholesale Banking
Hermes Investment Management has selected Calastone, the global funds transaction network, for their global order routing services. Hermes has chosen Calastone’s global transaction network for their UCITS fund range in UK, Europe and Asia, enabling them to reach wider distribution channels through electronically automated STP.
Links Commodities to apply Trayport's GlobalVision Broker Trading SystemSM for European rapeseed oil markets
- 10 years 1 month ago
- Wholesale Banking
Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide,has announced that Links Commodities are now using Trayport's GlobalVision Broker Trading SystemSM (BTS) for the FOB Dutch Mill NOFOTA rapeseed oil paper contract and to aid some physical trading.
ADX launches its first smart mobile app
- 10 years 1 month ago
- Mobile Banking
Abu Dhabi Securities Exchange (ADX) announced at GITEX 2014 the launch of its first smart mobile app. The Mobile Application provides investors with enhanced services and the opportunity to experience the latest technologies ADX offers with real-time quotes, news & announcements and tools that keep investors up-to-date with market activities.
Major global banks to sign ISDA Resolution Stay Protocol
- 10 years 1 month ago
- Wholesale Banking
The International Swaps and Derivatives Association, Inc. (ISDA) has announced that 18 major global banks (G-18) have agreed to sign a new ISDA Resolution Stay Protocol, which has been developed in coordination with the Financial Stability Board to support cross-border resolution and reduce systemic risk. This represents a major step in strengthening systemic stability and reducing the risk that banks are considered ‘too big to fail’.
