Banking

China Construction Bank and Euroclear sign MoU to foster offshore RMB growth

Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have today signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market.  CCB Chairman Wang Hongzhang, Euroclear group Chairman Marc Antoine Autheman, and Euroclear Chief Technology and Services Officer Lieve Mostrey attended the signing ceremony, joined by the Prime Minister of the... more Read more »

French Fintech Startups Bended Together

Thirty six fintech startups in France have banded together in a bid to foster a national ecosystem for innovation in financial services. The creation of of the France Fintech group has been welcomed by Government ministers who are concerned that the country is getting left behind by more organised structures for the promotion of startup innovation by other centres such as London and new York. Read more »

Payments Council Changed New Trade Association

Payments UK succeeds the Payments Council, which oversaw the successful roll out of mobile payments tool Paym, the Current Account Switch Service and Faster Payments. However a bungled attempt to abolish cheques prompted the government to move to rein in the self-governing body. In its new role, Payments UK says it will work closely with the Payment Systems Regulator (PSR) in its remit to promote competition and innovation across the sector. Read more »

Fiserv Clients Recognized by Retail Banker International for Strategy and Innovation

 Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that four of its clients received recognition at the Retail Banker International Awards 2015  for initiatives executed in conjunction with FISERV. The successful banks and their winning categories include: Westpac Banking Corporation for IT Innovation of the Year, HSBC Mexico for Latin American Retail Bank of the Year and PNC Bank... more Read more »

Western Union To Suspend Its Money Transfer Operations In Greece

Western Union is to suspend its money transfer operations in Greece as the crisis-wracked country reels from an overnight Government decision to shut all banks and the stock market for six business days and impose restrictions on cash machine withdrawals. Read more »

Lloyds Banking Group Recognised UK’s Digital Leader

The 2015 Digital Leaders 100 list honours the highest digital achievements from across the UK’s public, private and non-profit sectors, celebrating individuals and organisations which are leveraging digital to transform the UK’s public services and its social and economic opportunities. Read more »

.bank Domain Attracts More Than 3000 Applications

More than 3000 financial institutions have applied for .bank domain names within 24 hours of the more secure Web address going on general release. The domain is managed by fTLD Registry Services, a private company specifically set up for the task, and owned, operated and governed by banks, insurance companies and their respective trade associations. Having seen more than 700 applications for the new domains during an initial registration period... more Read more »

Newest UK Bank Atom Chooses Global Tech Giant FIS To Offer Digital Banking

Atom, the designed for digital challenger to the UK banking market, is partnering with FIS™ (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, to serve banking customers on the go. Read more »

Development Bank of the Philippines Chooses Polaris and Kaisa To Transform Its Core Banking Operations

Polaris Kaisa, a joint initiative between Polaris Consulting & Services Ltd, a leader in digital transformation solutions & services and Kaisa Consulting, today announced that the Development Bank of the Philippines (DBP), one of the largest Government Financial Institutions (GFI) in the Philippines has chosen to implement Intellect Digital Core (Core Banking Solution) to transform its core banking operations. Read more »

Ardmore Banking Advisors and Fintellix Solutions Announce Strategic Alliance for Regulatory Compliance Transformation in US Community Banks

Standardization of banking supervision is driving change across the banking industry globally, especially standardization in financial reporting, measurement and management. These initiatives have been steadily expanding the regulatory burden on banks and increasing the cost of regulatory compliance. The Ardmore Banking Advisors and Fintellix alliance was created to address the need for a comprehensive solution that can help community banks more... more Read more »

SWIFT and AIBIM To Launch Islamic Finance Rulebook

SWIFT, in collaboration with The Association of Islamic Banking Institutions Malaysia (AIBIM) announce the launch of a new rulebook for the purpose of promoting message standards in the Islamic banking and finance market. The Islamic finance rulebook has been developed in response to the growing significance of the Islamic banking and finance market. It aims to provide greater clarity around the usage of Shariah-compliant MT messages in order to... more Read more »

The UK’s Newest Bank, Atom- designed for digital

Atom Bank has today been granted its licence by the Bank of England and plans to launch to customers later this year. Championing innovation, transparency and convenience, Atom is developing a range of personal and business banking products and services, delivered through an app experience designed for mobile devices, with desktop to follow. Read more »

Diasoft invites vietnamese financial institutions to attend business-breakfast “an introduction to the digital banking”

Diasoft is pleased to invite Vietnamese financial institutions to attend its business-breakfast “An Introduction to the Digital Banking” which will take place on 30 June 2015 in HoChiMinh City, at Intercontinental Asiana Saigon hotel and on 2d July 2015 in Hanoi, at Intercontinental Hanoi Westlake hotel. Read more »

VietinBank Launches Hello Kitty Cards

Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., officially held a magnificent launch event for the VietinBank-JCB Hello Kitty Card with Hello Kitty as theme on June 19 2015. The card targets young customers and ladies who are fond of the cute Hello Kitty. Read more »

Colt Refused Fidelity Offer

The independent directors of Colt Group S.A. ("Colt" or "the Company") note the announcement today of a cash offer for the ordinary shares in Colt not already owned by FMR LLC, FIL Limited and certain affiliated parties (together "Fidelity") at a price of 190 pence per share (the "Offer"). The independent directors have appointed Barclays Bank PLC acting through its Investment Bank ("Barclays") as independent financial adviser. Read more »

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